- 10 ноября 2018, 01:50
- Zacks Investment Research
Restoration Hardware (RH) closed the most recent trading day at $125.39, moving +0.24% from the previous trading session. This move outpaced the S&P 500's daily loss of 0.92%. At the same time, the Dow lost 0.77%, and the tech-heavy Nasdaq lost 1.65%.
Coming into today, shares of the furniture and housewares company had gained 5.45% in the past month. In that same time, the Retail-Wholesale sector lost 0.61%, while the S&P 500 lost 2.56%.
Wall Street will be looking for positivity from RH as it approaches its next earnings report date. This is expected to be December 4, 2018. On that day, RH is projected to report earnings of $1.26 per share, which would represent year-over-year growth of 21.15%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $632.74 million, up 6.8% from the year-ago period.
RH's full-year Zacks Consensus Estimates are calling for earnings of $7.63 per share and revenue of $2.51 billion. These results would represent year-over-year changes of +150.16% and +3.01%, respectively.
Investors might also notice recent changes to analyst estimates for RH. Recent revisions tend to reflect the latest near-term business trends. As such, positive estimate revisions reflect analyst optimism about the company's business and profitability.
Based on our research, we believe these estimate revisions are directly related to near-team stock moves. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
Ranging from #1 (Strong Buy) to #5 (Strong Sell), the Zacks Rank system has a proven, outside-audited track record of outperformance, with #1 stocks returning an average of +25% annually since 1988. Within the past 30 days, our consensus EPS projection has moved 0.08% higher. RH is holding a Zacks Rank of #1 (Strong Buy) right now.
Investors should also note RH's current valuation metrics, including its Forward P/E ratio of 16.4. Its industry sports an average Forward P/E of 16.4, so we one might conclude that RH is trading at a no noticeable deviation comparatively.
We can also see that RH currently has a PEG ratio of 0.65. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. Retail - Home Furnishings stocks are, on average, holding a PEG ratio of 0.92 based on yesterday's closing prices.
The Retail - Home Furnishings industry is part of the Retail-Wholesale sector. This industry currently has a Zacks Industry Rank of 113, which puts it in the top 44% of all 250+ industries.
The Zacks Industry Rank gauges the strength of our individual industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Make sure to utilize Zacks. Com to follow all of these stock-moving metrics, and more, in the coming trading sessions.
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Restoration Hardware Holdings Inc. (RH): Free Stock Analysis Report
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