What is Telsey Advisory Group’s Forecast for RH Q3 Earnings?

RH (NYSE:RH) – Research analysts at Telsey Advisory Group upped their Q3 2026 earnings per share estimates for RH in a research note issued on Thursday, December 19th. Telsey Advisory Group analyst C. Fernandez now anticipates that the company will earn $4.50 per share for the quarter, up from their prior estimate of $4.44. Telsey Advisory Group currently has a “Outperform” rating and a $500.00 target price on the stock. The consensus estimate for RH’s current full-year earnings is $5.63 per share.

RH (NYSE:RH) last issued its earnings results on Thursday, December 12th. The company reported $2.48 earnings per share (EPS) for the quarter, missing the consensus estimate of $2.67 by ($0.19). The firm had revenue of $811.73 million during the quarter, compared to analysts’ expectations of $812.19 million. RH had a negative return on equity of 32.76% and a net margin of 2.25%. The firm’s quarterly revenue was up 8.1% on a year-over-year basis. During the same period last year, the firm posted ($0.42) earnings per share.

RH has been the subject of a number of other research reports. Bank of America boosted their target price on RH from $310.00 to $359.00 and gave the stock a “buy” rating in a research report on Friday, September 13th. Wells Fargo & Company increased their price objective on shares of RH from $425.00 to $500.00 and gave the company an “overweight” rating in a research report on Friday, December 13th. Morgan Stanley lifted their target price on shares of RH from $310.00 to $435.00 and gave the stock an “equal weight” rating in a research report on Friday, December 13th. StockNews.com raised RH from a “sell” rating to a “hold” rating in a report on Friday, December 13th. Finally, Barclays reduced their price objective on RH from $340.00 to $320.00 and set an “equal weight” rating for the company in a research report on Monday, September 16th. Two investment analysts have rated the stock with a sell rating, six have issued a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $402.40.

RH Price Performance

RH stock opened at $388.02 on Friday. The stock has a market capitalization of $7.22 billion, a P/E ratio of 111.50, a P/E/G ratio of 2.73 and a beta of 2.44. RH has a 1-year low of $212.43 and a 1-year high of $457.26. The business has a fifty day moving average price of $354.37 and a 200-day moving average price of $301.53.

Insider Buying and Selling

In related news, insider Edward T. Lee sold 2,000 shares of the company’s stock in a transaction on Friday, October 18th. The shares were sold at an average price of $353.57, for a total transaction of $707,140.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, Director Keith Belling sold 500 shares of RH stock in a transaction on Tuesday, December 17th. The shares were sold at an average price of $415.00, for a total transaction of $207,500.00. Following the completion of the sale, the director now owns 5,470 shares in the company, valued at approximately $2,270,050. This represents a 8.38 % decrease in their ownership of the stock. The disclosure for this sale can be found here. 28.10% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the company. Raymond James & Associates grew its position in RH by 28.1% in the second quarter. Raymond James & Associates now owns 12,864 shares of the company’s stock worth $3,144,000 after acquiring an additional 2,820 shares in the last quarter. Nisa Investment Advisors LLC increased its position in RH by 16.3% during the second quarter. Nisa Investment Advisors LLC now owns 712 shares of the company’s stock valued at $174,000 after acquiring an additional 100 shares during the last quarter. Allspring Global Investments Holdings LLC raised its stake in shares of RH by 24.2% in the second quarter. Allspring Global Investments Holdings LLC now owns 227,247 shares of the company’s stock valued at $55,548,000 after acquiring an additional 44,278 shares during the period. Summit Securities Group LLC bought a new stake in shares of RH in the 2nd quarter worth about $196,000. Finally, Klein Pavlis & Peasley Financial Inc. boosted its stake in shares of RH by 4.9% during the 2nd quarter. Klein Pavlis & Peasley Financial Inc. now owns 4,059 shares of the company’s stock worth $992,000 after purchasing an additional 189 shares during the period. 90.17% of the stock is currently owned by institutional investors.

RH Company Profile

RH, together with its subsidiaries, operates as a retailer in the home furnishings market. The company offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, baby, child, and teen furnishings. It provides its products through rh.com, rhbabyandchild.com, rhteen.com, rhmodern.com, and waterworks.com online channels, as well as operates RH Galleries, RH outlet stores, RH Guesthouse, and Waterworks showrooms in the United States, Canada, the United Kingdom, and Germany.