Fintel reports that on January 13, 2025, Morgan Stanley upgraded their outlook for RH (NYSE:RH) from Equal-Weight to Overweight.
Analyst Price Forecast Suggests 9.75% Upside
As of December 23, 2024, the average one-year price target for RH is $454.31/share. The forecasts range from a low of $263.61 to a high of $583.80. The average price target represents an increase of 9.75% from its latest reported closing price of $413.95 / share.
See our leaderboard of companies with the largest price target upside.
The projected annual revenue for RH is 3,870MM, an increase of 24.57%. The projected annual non-GAAP EPS is 21.60.
What is the Fund Sentiment?
There are 792 funds or institutions reporting positions in RH. This is an increase of 20 owner(s) or 2.59% in the last quarter. Average portfolio weight of all funds dedicated to RH is 0.19%, an increase of 1.15%. Total shares owned by institutions increased in the last three months by 0.85% to 18,051K shares. 
The put/call ratio of RH is 1.23, indicating a bearish outlook.
What are Other Shareholders Doing?
FBGRX - Fidelity Blue Chip Growth Fund holds 1,029K shares representing 5.53% ownership of the company. In its prior filing, the firm reported owning 1,022K shares , representing an increase of 0.71%. The firm increased its portfolio allocation in RH by 5.84% over the last quarter.
Price T Rowe Associates holds 877K shares representing 4.71% ownership of the company. In its prior filing, the firm reported owning 677K shares , representing an increase of 22.78%. The firm increased its portfolio allocation in RH by 70.47% over the last quarter.
Durable Capital Partners holds 667K shares representing 3.59% ownership of the company. In its prior filing, the firm reported owning 885K shares , representing a decrease of 32.70%. The firm decreased its portfolio allocation in RH by 8.11% over the last quarter.
D. E. Shaw holds 629K shares representing 3.38% ownership of the company. In its prior filing, the firm reported owning 104K shares , representing an increase of 83.50%. The firm increased its portfolio allocation in RH by 661.14% over the last quarter.
IJH - iShares Core S&P Mid-Cap ETF holds 467K shares representing 2.51% ownership of the company. In its prior filing, the firm reported owning 479K shares , representing a decrease of 2.62%. The firm increased its portfolio allocation in RH by 21.77% over the last quarter.
RH Background Information
(This description is provided by the company.)
RH is a curator of design, taste and style in the luxury lifestyle market. The Company offers its collections through its retail galleries across North America, the Company’s multiple Source Books, and online at RH.com, RHModern.com, RHBabyandChild.com, RHTeen.com and Waterworks.com.
Fintel is one of the most comprehensive investing research platforms available to individual investors, traders, financial advisors, and small hedge funds.
Our data covers the world, and includes fundamentals, analyst reports, ownership data and fund sentiment, options sentiment, insider trading, options flow, unusual options trades, and much more. Additionally, our exclusive stock picks are powered by advanced, backtested quantitative models for improved profits.
This story originally appeared on Fintel.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.
