RH (RH) stock hits $346.87: Is it a good time to buy or wait for a dip?

A share price of RH [RH] is currently trading at $346.87, down -2.16%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The RH shares have gain 4.74% over the last week, with a monthly amount glided 0.75%, and seem to be holding up well over a long-time horizon.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

From an analyst’s perspective:

RH [NYSE: RH] stock has seen the most recent analyst activity on October 21, 2024, when Wedbush upgraded its rating to a Outperform but kept the price target unchanged to $430 for it. Previously, Stifel started tracking the stock with Buy rating on July 09, 2024, and set its price target to $315. On June 06, 2024, Telsey Advisory Group reiterated its Market Perform rating and revised its price target to $320 on the stock. Telsey Advisory Group reiterated its Market Perform rating and increased its price target to $335 on March 28, 2024. Telsey Advisory Group reiterated its recommendation of a Market Perform and reduced its price target to $285 on December 08, 2023. Telsey Advisory Group reiterated a Market Perform rating for this stock on December 05, 2023, and downed its price target to $325. In a note dated June 29, 2023, Loop Capital downgraded an Hold rating on this stock but restated the target price of $300.

RH experienced fluctuations in its stock price throughout the past year between $207.26 and $358.79. Currently, Wall Street analysts expect the stock to reach $433.92 within the next 12 months. RH [NYSE: RH] shares were valued at $346.87 at the most recent close of the market. An investor can expect a potential return of 25.1% based on the average RH price forecast.

Analyzing the RH fundamentals

Trailing Twelve Months sales for RH [NYSE:RH] were 3.05B which represents 3.64% growth. Gross Profit Margin for this corporation currently stands at 0.44% with Operating Profit Margin at 0.09%, Pretax Profit Margin comes in at 0.01%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is -0.12 and Total Capital is 0.08. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at -15.97.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 339.29 points at the first support level, and at 331.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 360.73, and for the 2nd resistance point, it is at 374.58.

Ratios To Look Out For

To put it in perspective, the Current Ratio for RH [NYSE:RH] is 1.18. As well, the Quick Ratio is 0.25, while the Cash Ratio is 0.08. Considering the valuation of this stock, the price to sales ratio is 2.10 and price to earnings (TTM) ratio is 203.40.

Transactions by insiders

Recent insider trading involved Lee Edward T, that happened on Oct 18 ’24 when 2000.0 shares were sold. Director, DEMILIO MARK S completed a deal on Sep 18 ’24 to sell 2000.0 shares. Meanwhile, Director DEMILIO MARK S sold 1000.0 shares on Sep 19 ’24.

Related Posts