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Restoration Hardware (RH) Gains As Market Dips: What You Should Know
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In the latest trading session, Restoration Hardware (RH - Free Report) closed at $136.90, marking a +0.02% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.56%. At the same time, the Dow lost 0.35%, and the tech-heavy Nasdaq lost 1.43%.
Heading into today, shares of the furniture and housewares company had lost 8.48% over the past month, lagging the Retail-Wholesale sector's gain of 2.17% and the S&P 500's gain of 2.44% in that time.
Wall Street will be looking for positivity from RH as it approaches its next earnings report date. This is expected to be December 4, 2018. In that report, analysts expect RH to post earnings of $1.26 per share. This would mark year-over-year growth of 21.15%. Our most recent consensus estimate is calling for quarterly revenue of $640.14 million, up 8.05% from the year-ago period.
RH's full-year Zacks Consensus Estimates are calling for earnings of $7.62 per share and revenue of $2.54 billion. These results would represent year-over-year changes of +149.84% and +4.25%, respectively.
It is also important to note the recent changes to analyst estimates for RH. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 7.99% higher. RH is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note RH's current valuation metrics, including its Forward P/E ratio of 19.02. This represents a premium compared to its industry's average Forward P/E of 17.25.
It is also worth noting that RH currently has a PEG ratio of 0.75. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Retail - Home Furnishings stocks are, on average, holding a PEG ratio of 1.19 based on yesterday's closing prices.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 220, which puts it in the bottom 14% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow RH in the coming trading sessions, be sure to utilize Zacks.com.
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Restoration Hardware (RH) Gains As Market Dips: What You Should Know
In the latest trading session, Restoration Hardware (RH - Free Report) closed at $136.90, marking a +0.02% move from the previous day. The stock outpaced the S&P 500's daily loss of 0.56%. At the same time, the Dow lost 0.35%, and the tech-heavy Nasdaq lost 1.43%.
Heading into today, shares of the furniture and housewares company had lost 8.48% over the past month, lagging the Retail-Wholesale sector's gain of 2.17% and the S&P 500's gain of 2.44% in that time.
Wall Street will be looking for positivity from RH as it approaches its next earnings report date. This is expected to be December 4, 2018. In that report, analysts expect RH to post earnings of $1.26 per share. This would mark year-over-year growth of 21.15%. Our most recent consensus estimate is calling for quarterly revenue of $640.14 million, up 8.05% from the year-ago period.
RH's full-year Zacks Consensus Estimates are calling for earnings of $7.62 per share and revenue of $2.54 billion. These results would represent year-over-year changes of +149.84% and +4.25%, respectively.
It is also important to note the recent changes to analyst estimates for RH. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.
Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 7.99% higher. RH is holding a Zacks Rank of #3 (Hold) right now.
Investors should also note RH's current valuation metrics, including its Forward P/E ratio of 19.02. This represents a premium compared to its industry's average Forward P/E of 17.25.
It is also worth noting that RH currently has a PEG ratio of 0.75. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Retail - Home Furnishings stocks are, on average, holding a PEG ratio of 1.19 based on yesterday's closing prices.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 220, which puts it in the bottom 14% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
To follow RH in the coming trading sessions, be sure to utilize Zacks.com.