Alert: Negative Investment/Fundamental Signals (4/5/24)-RH (NYSE: RH)

out_logo_500#69690.jpg

Recent important negative changes in fundamentals have affected RH (NYSE: RH): the consensus estimate for January, 2024 decreased significantly, significant quarterly earnings deceleration occurred, and the consensus estimate for January, 2025 decreased significantly.

Recent exceptional negative changes in investment behavior have affected RH (NYSE: RH): the stock’s recent price decline challenged its longer term uptrend, and its longer term price trend turned down.

The stock is currently unrated.

out_mm#69690.jpg

Current PriceTarget Research Rating

Reflecting future returns on capital that are forecasted to fall short of the cost of capital, RH is expected to be a major Value Eraser.

RH is currently unrated.

Recent Price Action

RH (NYSE: RH) stock declined modestly by -1.6% on 4/5/24. The stock closed at $278.30. Moreover, trading volume in this decline was above average at 136% of normal. The stock has been weak relative to the market over the last nine months and has declined -6.3% during the last week.

Be the first to comment

Leave a Reply

Your email address will not be published.


*