The trading price of RH (NYSE:RH) closed lower on Monday, May 05, and closing at $186.31, -5.21% lower than its previous close.
The company’s P/E ratio in the trailing 12-month period was 51.68. In examining the 52-week price action we see that the stock hit a 52-week high of $457.26 and a 52-week low of $123.03. Over the past month, the stock has gained 24.71% in value.
RH, whose market valuation is $3.49 billion at the time of this writing, is expected to release its quarterly earnings report in June. Investors’ optimism about the company’s current quarter earnings report is understandable.
On the technical side, indicators suggest RH has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a 100% Sell, while an average of long term indicators suggests that the stock is currently 50% Sell.
Here is the average analyst rating on the stock as represented by 1.00 to 5.00, with the extremes of 1.00 and 5.00 suggesting the stock should be considered as either strong buy or strong sell respectively. The number of analysts that have assigned RH a recommendation rating is 17. Out of them, 7 rate it a Hold, while 9 recommend Buy, whereas 0 assign an Overweight rating. 0 analyst(s) have tagged RH (RH) as Underweight, while 1 advise Sell. Analysts have rated the stock Buy, likely urging investors to take advantage of the opportunity to add to their holdings of the company’s shares.
If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 1.03, which symbolizes a positive outlook. A quick review shows that RH’s price is currently 7.27% off the SMA20 and -16.50% off the SMA50. The RSI metric on the 14-day chart is currently showing 46.56, and weekly volatility stands at 5.22%. When measured over the past 30 days, the indicator reaches 10.77%. RH (NYSE:RH)’s beta value is currently sitting at 2.25, while the Average True Range indicator is currently displaying 16.67. With analysts defining $276-$530 as the low and high price targets, we arrive at a consensus price target of $319.5 for the trailing 12-month period. The current price is about -48.14% off the estimated low and -184.47% off the forecast high, based on this estimate. Investors will be thrilled if RH’s share price rises to $319.5, which is the median consensus price. At that level, RH’s share price would be -71.49% below current price.
To see how RH stock has been performing in comparison to its peers in the industry, here are the numbers: RH stock’s performance was -5.21% in the latest trading, and -23.96% in the past year. RH has a P/E ratio of 51.68.
An evaluation of the daily trading volume of RH (NYSE:RH) indicates that the 3-month average is 1.68 million.
Currently, records show that 18.73 million of the company’s shares remain outstanding. The insiders hold 18.77% of outstanding shares, whereasinstitutions hold 87.91%. However, since the stock’s price has seen -52.66% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.
