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RH (RH-N)
NYSE:RH
230.57
2.84
(1.22%) 1d
Financials
Technical Analysis
Buy, Sell or Hold?
This summary was created by AI, based on 3 opinions in the last 12 months.
The consensus on RH-N is mixed, with some experts noting recent stock gains, while others express concerns about the company's continuing struggles in its core luxury furnishings business. Although the stock has doubled since last June, this rise has not been accompanied by a fundamental improvement in its operations, indicating that the gains may not be sustainable. Post-earnings reports showed a modest increase in demand, potentially fueled by favorable housing market conditions; however, after disappointing results, the stock experienced a significant drop. There are concerns about the CEO's aggressive expansion strategy, which includes costly new ventures in real estate and luxury experiences, funded by substantial borrowing and stock buybacks. While some believe the falling interest rates could spark a housing boom beneficial to RH, overall sentiment leans towards skepticism about whether these strategies will pay off in a tightening housing market.
Demand was up 10% in July and 12% in August. Sure, you may not want to buy a stock that jumped 25% in one day, but anything related to housing (and falling interest rates) is doing well. He expects a housing boom.
They keep posting disappointing numbers and after the latest, the stock dropped 17% today. Is the CEO a visionary or driving RH to ruin? Pre-2021, RH was a juggernaut as they build luxurious stores including dining around the world at their stores. Also, they're moving into real estates, including spas and hotels. They're spending a fortune to build luxurious experiences. But their core business of luxury furnishings is struggling. They've borrowed money to fund this expansion, however, they spent a big chunk of that money to buyback shares just as interest rates rose and the housing market tightened. Can rates fall fast enough to save RH? Doesn't think so. The outlook is dwindling, but the CEO keeps spending.
The market made a mistake in selling it after a downbeat conference call, because RH bought back 17% of shares in just this quarter (23% so far this year). This is one of the biggest single-quarter buybacks he ever heard of. Buybacks shrink EPS, remember, and shows confidence from management
High quality company with excellent management team.
Hit peak revenue during Covid-19 pandemic.
Current share price presenting buying opportunity.
Expecting revenue & margins to grow.
A good long term investment over 5-10 years.
They report Thursday. Likes them, but they've been issuing disappointing numbers and their accounting issues don't inspire confidence.
RH(RH-N) Rating
Ranking : 3 out of 5
Bullish - Buy Signals / Votes : 2
Neutral - Hold Signals / Votes : 0
Bearish - Sell Signals / Votes : 1
Total Signals / Votes : 3
RH(RH-N) Frequently Asked Questions
What is RH stock symbol?
RH is a American stock, trading under the symbol RH-N on the New York Stock Exchange (RH). It is usually referred to as NYSE:RH or RH-N
Is RH a buy or a sell?
In the last year, 3 stock analysts published opinions about RH-N. 2 analysts recommended to BUY the stock. 1 analyst recommended to SELL the stock. The latest stock analyst recommendation is . Read the latest stock experts' ratings for RH.
Is RH a good investment or a top pick?
RH was recommended as a Top Pick by on . Read the latest stock experts ratings for RH.
Why is RH stock dropping?
Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.
Is RH worth watching?
In the last year, there was no coverage of RH published on Stockchase.
What is RH stock price?
On 2025-03-11, RH (RH-N) stock closed at a price of $230.57.
Has doubled since last June's lows, but weirdly without a fundamental change in its business, like a beat and raise quarter, just some raised guidance. The CEO did buy a lot of shares last June.