RH Likely To Report Lower Q4 Earnings - Here's A Look At Recent Price Target Changes By The Most Accurate Analysts

RH RH is expected to report financial results for the fourth quarter and fiscal year 2022 ended Jan. 28, 2023, after the closing bell on March 29, 2023.

Analysts expect the company to post quarterly earnings at $3.34 per share, down from $5.66 per share in the year-ago period. The company’s revenue might come in at $779.75 million.

RH shares gained 0.1% to close at $241.29 on Tuesday, and added 1.3% in after-hours trading session.

Benzinga readers can access the latest analyst ratings on the Analyst Stock Ratings page. Readers can sort by stock ticker, company name, analyst firm, rating change or other variables.

Let’s have a look at how Benzinga’s most-accurate analysts have rated the company in the recent period.

• Wedbush analyst Seth Basham maintained a Neutral rating and cut the price target from $335 to $245 on March 27, 2023. This analyst sees around 2% upside in the company’s stock and has an accuracy rate of 81%.
• Barclays analyst Adrienne Yih maintained an Equal-Weight rating and increased the price target from $243 to $254 on Dec. 12, 2022. This analyst sees around 5% upside in the company’s stock and has an accuracy rate of 70%.
• UBS analyst Michael Lasser maintained a Neutral rating and boosted the price target from $262 to $280 on Dec. 2, 2022. This analyst sees around 16% upside in the company’s stock and has an accuracy rate of 80%.
• JP Morgan analyst Christopher Horvers maintained an Overweight rating and boosted the price target from $300 to $325 on Sept. 14, 2022. This analyst sees around 35% upside in the company’s stock and has an accuracy rate of 73%.
• Morgan Stanley analyst Simeon Gutman maintained an Equal-Weight rating and cut the price target from $350 to $325 on Sept. 9, 2022. This analyst sees around 45% upside in the company’s stock and has an accuracy rate of 62%.

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