JUMP REPORT
RH INC (RH)
EARNINGS RELEASE - JUNE 4 (AMC)
Avg Daily Volume: 1,635,084 Market Cap: 1.66B Sector: Services Short Interest: 73.94 |
EARNINGS EXPECTATIONS:
THIS QTR: EPS: .81/share REV: 480.60/M
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LAST QTR: EPS: 3.59/share ACTUAL: 3.72/share (BEAT)
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NEXT QTR: EPS: 1.55/share REV: 557.16/M
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FULL YR: EPS: 8.14/Share REV: 2,340/M
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*These are the base metrics we will be watching against the actual release numbers
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BEAT/MISS RECORD: 74% OF THE TIME THEY BEAT ESTIMATES
PRIOR ‘JUMP ZONE’ MOVES (LAST 3 QTRS %) -16.47, 13.47, 7.71
EXPECTED JUMP MOVE: 10-15%
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*** With market volatility at extremes during the coronavirus pandemic there is greater risk in trading these events which may not react as they would under normal market conditions. Please take extra caution before trading.
Links To Latest News and Headlines
Wedbush upgraded RH (RH) to Outperform from Neutral with a price target of $430, up from $310, after meeting with management. The firm came away from the meetings more confident in the “building momentum” in the company’s “extraordinary product transition.” Accelerating store openings should drive top- and bottom-line upside for at least the next two years, the analyst tells investors in a research note. Wedbush says RH has been introducing new products that are “trend-right, with much lower pri
Investing.com — Shares of Restoration Hardware Inc. climbed 3% on Monday after Wedbush upgraded the stock from Neutral to Outperform, citing renewed confidence following discussions with CEO Gary Friedman and CFO Jack Preston.
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Craig-Hallum downgraded Arhaus (ARHS) to Hold from Buy with a price target of $10, down from $14. The firm’s Q3 channel work points to Arhaus seeing “sluggish” demand and new written orders as “robust” product rollouts from RH (RH) coupled with more aggressive pricing actions from peers hurt conversion. Traffic at Arhaus.com has turned down significantly with September traffic down an estimated 30% despite the company’s typical storewide sale running during the month, the analyst tells investors
As the U.S. stock market navigates a landscape marked by rising Treasury yields and fluctuating oil prices, investors are recalibrating their expectations amid shifting economic signals. In this environment, companies with high insider ownership and robust earnings growth can offer a compelling proposition, as they often indicate strong internal confidence and potential resilience against market volatility.
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