RH stock outperformed S&P 500, with positive earnings forecast and revenue expectations.

From Nasdaq: 2024-12-06 18:15:04

RH (RH) closed at $376.10, up 1.45% from the previous day, outperforming the S&P 500. With a 11.28% gain in the last month, RH surpassed the Consumer Staples sector and S&P 500. Earnings report expected on December 12, 2024, with analysts forecasting $2.67 per share and revenue of $810.9 million.

Investors should monitor any recent analyst forecast revisions for RH, as they impact stock price performance. The Zacks Rank system, ranging from #1 to #5, has an impressive track record of outperformance. Despite a recent 0.74% downward shift in EPS estimate, RH currently holds a Zacks Rank of #3 (Hold).

RH is trading at a Forward P/E ratio of 65.82, higher than the industry average of 23.34. The PEG ratio stands at 2.11, indicating expected earnings growth. The Consumer Products – Staples industry within the Consumer Staples sector has a Zacks Industry Rank of 159, in the bottom 37% of industries, with top-rated industries outperforming the bottom half 2 to 1.



Read more at Nasdaq: RH (RH) Outpaces Stock Market Gains: What You Should Know