From MarketBeat:

RH insider Edward T. Lee sold 2,624 shares at an average price of $264.50, for a total value of $694,048.00. Shares of RH stock traded down 1.0% on Friday, hitting $263.78. RH has a market capitalization of $4.85 billion and a PE ratio of 28.64. Analysts expect RH to post 8.02 EPS for the current fiscal year.

Wall Street analysts forecast a neutral consensus rating on RH with a price target of $313.00. Institutional investors currently own 84.47% of the company’s stock. RH reported a net margin of 7.28% and a return on equity of 81.84% for the previous quarter. RH had a revenue of $751.00 million, down 13.6% from the previous year.

RH operates under RH Galleries and RH brand names in the U.S., Canada, and Waterworks showrooms in the U.S. and U.K. They offer various products including furniture, lighting, textiles, and child and teen furnishings.

The instant news alert was generated by MarketBeat to provide readers with timely and accurate reporting. The article was reviewed by MarketBeat’s editorial team. RH currently has a “Hold” rating among analysts, but top-rated analysts have identified five stocks as better buys.



Read more: Insider Selling: RH (NYSE:RH) Insider Sells 2,624 Shares of Stock