Following Gary Friedman’s last RH Buy transaction on December 13, 2017, the stock climbed by 30.0%. In addition to Gary Friedman, one other RH executive reported Buy trades in the last month.
Based on RH’s latest earnings report for the quarter ending July 31, the company posted quarterly revenue of $641 million and quarterly net profit of $64.04 million. In comparison, last year the company earned revenue of $615 million and had a GAAP net loss of $7.86 million. RH’s market cap is $2.91B and the company has a P/E ratio of 32.63. Currently, RH has an average volume of 1.05M.
Based on 9 analyst ratings, the analyst consensus is Moderate Buy with an average price target of $146.80, reflecting a 12.2% upside. Four different firms, including Gordon Haskett Capital Corporation and Loop Capital Markets, currently also have a Buy rating on the stock.
In the last 30 days, insiders have sold $392.2K worth of RH shares and purchased $999.9K worth of RH shares. The insider sentiment on RH has been negative according to 32 insider trades in the past three months. This sentiment is lower than the average sentiment of company insiders in this sector.
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RH is a holding company which operates the business through its subsidiary Restoration Hardware, Inc. It offers furniture, lighting, textiles, bathware, decor, outdoor and garden, as well as baby and child products. The company operates an integrated business with multiple channels of distribution including galleries, source books and websites.