RH (RH) Earns Media Impact Rating of 0.17
News headlines about RH (NYSE:RH) have been trending somewhat positive this week, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of -1 to 1, with scores nearest to one being the most favorable. RH earned a media sentiment score of 0.17 on Accern’s scale. Accern also gave news stories about the company an impact score of 45.8657538285491 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
Here are some of the media headlines that may have effected Accern’s rankings:
- From Alien DNA to the Placebo Effect: Mysteries That Science Still Can’t Fully Explain (cheatsheet.com)
- Class 2A East Region indoor track and field championships results (somdnews.com)
- Phase II Data Support Potential for Novel Anti-VEGF/Anti-Angiopoietin-2 Bispecific Antibody, RG7716, for People With Diabetic Macular Edema (markets.financialcontent.com)
- The Government of Japan renews its trust in UNFPA with a US$ 2 million contribution [EN/AR] (reliefweb.int)
- UPDATE 2-As Trump attacks U.S. law enforcement, another top official quits (feeds.reuters.com)
A number of equities research analysts have commented on RH shares. Citigroup raised RH from a “neutral” rating to a “buy” rating in a report on Thursday, November 16th. Buckingham Research reaffirmed a “buy” rating on shares of RH in a research note on Wednesday, November 15th. Stifel Nicolaus cut their price target on RH from $100.00 to $75.00 and set a “hold” rating for the company in a research note on Wednesday, December 6th. Telsey Advisory Group reaffirmed a “market perform” rating on shares of RH in a research note on Thursday, November 16th. Finally, Moffett Nathanson started coverage on RH in a research note on Monday, December 4th. They set a “neutral” rating for the company. Three research analysts have rated the stock with a sell rating, twelve have assigned a hold rating, five have assigned a buy rating and one has issued a strong buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $76.44.
RH (NYSE:RH) last announced its earnings results on Tuesday, December 5th. The company reported $1.04 earnings per share for the quarter, meeting the consensus estimate of $1.04. RH had a net margin of 0.45% and a return on equity of 20.04%. The firm had revenue of $592.50 million during the quarter, compared to the consensus estimate of $592.46 million. During the same quarter in the previous year, the company posted $0.20 EPS. The firm’s revenue for the quarter was up 7.9% on a year-over-year basis. research analysts forecast that RH will post 2.93 earnings per share for the current fiscal year.
In related news, insider Karen Boone sold 22,000 shares of the business’s stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $99.60, for a total value of $2,191,200.00. Following the completion of the transaction, the insider now owns 25,430 shares of the company’s stock, valued at approximately $2,532,828. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gary G. Friedman bought 10,300 shares of the business’s stock in a transaction that occurred on Tuesday, December 12th. The stock was purchased at an average cost of $97.09 per share, with a total value of $1,000,027.00. Following the purchase, the chief executive officer now directly owns 2,245,710 shares in the company, valued at approximately $218,035,983.90. The disclosure for this purchase can be found here. Insiders own 18.80% of the company’s stock.
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RH Company Profile
RH, formerly Restoration Hardware Holdings, Inc, is a retailer in the home furnishings marketplace. As of January 28, 2017, the Company had two segments: RH Segment and Waterworks. It offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings.
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