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RH (RH) Sees a More Significant Dip Than Broader Market: Some Facts to Know
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RH (RH - Free Report) closed the most recent trading day at $129.17, moving -4.95% from the previous trading session. This change lagged the S&P 500's daily loss of 0.35%. Meanwhile, the Dow lost 0.36%, and the Nasdaq, a tech-heavy index, lost 0.39%.
Prior to today's trading, shares of the furniture and housewares company had gained 22.44% outpaced the Consumer Staples sector's gain of 7.95% and the S&P 500's loss of 2.42%.
The investment community will be closely monitoring the performance of RH in its forthcoming earnings report. The company is expected to report EPS of $0.67, down 60.82% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $932.39 million, indicating a 5.5% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.19 per share and a revenue of $3.63 billion, signifying shifts of -17.49% and +5.53%, respectively, from the last year.
Any recent changes to analyst estimates for RH should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.67% lower. RH presently features a Zacks Rank of #3 (Hold).
From a valuation perspective, RH is currently exchanging hands at a Forward P/E ratio of 26.17. This expresses a premium compared to the average Forward P/E of 23.18 of its industry.
Investors should also note that RH has a PEG ratio of 2.62 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Consumer Products - Staples industry had an average PEG ratio of 3.32.
The Consumer Products - Staples industry is part of the Consumer Staples sector. Currently, this industry holds a Zacks Industry Rank of 194, positioning it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
View the Zacks #1 Rank List
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RH (RH) Sees a More Significant Dip Than Broader Market: Some Facts to Know
RH (RH - Free Report) closed the most recent trading day at $129.17, moving -4.95% from the previous trading session. This change lagged the S&P 500's daily loss of 0.35%. Meanwhile, the Dow lost 0.36%, and the Nasdaq, a tech-heavy index, lost 0.39%.
Prior to today's trading, shares of the furniture and housewares company had gained 22.44% outpaced the Consumer Staples sector's gain of 7.95% and the S&P 500's loss of 2.42%.
The investment community will be closely monitoring the performance of RH in its forthcoming earnings report. The company is expected to report EPS of $0.67, down 60.82% from the prior-year quarter. Meanwhile, the latest consensus estimate predicts the revenue to be $932.39 million, indicating a 5.5% increase compared to the same quarter of the previous year.
For the annual period, the Zacks Consensus Estimates anticipate earnings of $5.19 per share and a revenue of $3.63 billion, signifying shifts of -17.49% and +5.53%, respectively, from the last year.
Any recent changes to analyst estimates for RH should also be noted by investors. These revisions typically reflect the latest short-term business trends, which can change frequently. With this in mind, we can consider positive estimate revisions a sign of optimism about the business outlook.
Based on our research, we believe these estimate revisions are directly related to near-term stock moves. To exploit this, we've formed the Zacks Rank, a quantitative model that includes these estimate changes and presents a viable rating system.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Over the last 30 days, the Zacks Consensus EPS estimate has moved 0.67% lower. RH presently features a Zacks Rank of #3 (Hold).
From a valuation perspective, RH is currently exchanging hands at a Forward P/E ratio of 26.17. This expresses a premium compared to the average Forward P/E of 23.18 of its industry.
Investors should also note that RH has a PEG ratio of 2.62 right now. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. By the end of yesterday's trading, the Consumer Products - Staples industry had an average PEG ratio of 3.32.
The Consumer Products - Staples industry is part of the Consumer Staples sector. Currently, this industry holds a Zacks Industry Rank of 194, positioning it in the bottom 22% of all 250+ industries.
The Zacks Industry Rank is ordered from best to worst in terms of the average Zacks Rank of the individual companies within each of these sectors. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.