Alert: New Earnings Report (3/27/24)-RH (NYSE: RH).

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RH (NYSE: RH) has reported earnings for its fourth fiscal quarter (ending January 31) of $0.62 versus $4.58 for the same period a year ago. E.P.S. were $6.42 for the latest four quarters through January 31 versus $22.47 for the same period a year ago.

Recent Price Action

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RH (NYSE: RH) stock closed at $296.99 on 3/27/24 after a large increase of 3.7%. Moreover, this advance was accompanied by exceptionally high trading volume at 434% of normal. The stock has risen 6.5% during the last week but has been weak relative to the market over the last nine months.

Current PriceTarget Research Rating

RH’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

RH has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. RH has a slightly negative Appreciation Score of 35 and a poor Power Rating of 29, producing the Lowest Value Trend Rating.

Rating Review

In light of this new information we are reviewing our current Overall Rating of F. This review will be completed in the next several days.

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