binance left Coinmarketcap net_left adver left
ai_detail

RH Stock: Furnishings Company Has Room to Run

RH (NYSE:RH) stock finds itself stuck in a consolidation channel in the $600 to 700 range. Undoubtedly, big-ticket durable consumer items such as the high-end furnishings sold by...
RH Stock: Furnishings Company Has Room to Run © Reuters. RH Stock: Furnishings Company Has Room to Run

RH (NYSE:RH) stock finds itself stuck in a consolidation channel in the $600 to 700 range.

Undoubtedly, big-ticket durable consumer items such as the high-end furnishings sold by RH tend to experience explosive demand in the early innings of a market cycle. (See RH stock charts on TipRanks)

While some pundits may think a transition to midcycle will bring forth more modest earnings, I still remain bullish on RH because of the firm's incredible brand power, and excellent stewardship, both of which enhance the company's ability to take share in the higher-end corner of the home furnishings space.

RH Capable of Taking Share

While few discretionary firms are immune from the effects of a slowing economy, RH does possess some unique levers it can pull to offset any potential industry sluggishness going into 2022.

RH isn't as large as you'd think, with a market cap just shy of $15 billion. Given its brand affinity and global growth potential, RH has room to run. With a brilliant CEO, Gary Friedman, at the helm, odds are on RH shareholders' side, even at these seemingly frothy heights.

The company has the means to expand beyond the confines of the U.S. and Canada. If the brand hits with international consumers, RH could generate some incredibly high bottom-line growth numbers, potentially for many years to come.

Simply put, RH is still in the early stages of what could be a very prosperous growth story. Although there will be the occasional setback, it will be tough to stop the high-momentum stock in its tracks. It has way too much going for it, even if the economy is poised to cool.

Wall Street's Take

According to TipRanks’ consensus analyst rating, RH stock comes in as a Strong Buy. Out of 13 analyst ratings, there are 10 Buys, and three Holds.

The average RH price target is $793.92. Analyst price targets range from a low of $700 per share, to a high of $897 per share.

Bottom Line

RH stock isn't cheap at over 39 times trailing earnings and around 4.5 times sales.

Still, given the growth runway and talented management, the premium price tag may be more than worthwhile.

Few firms are as well-positioned to enjoy such high-margin growth over the long run.

Disclosure: Joey Frenette doesn't own shares of any mentioned companies at the time of publication.

Disclaimer: The information contained in this article represents the views and opinion of the writer only, and not the views or opinion of TipRanks or its affiliates, and should be considered for informational purposes only. TipRanks makes no warranties about the completeness, accuracy or reliability of such information. Nothing in this article should be taken as a recommendation or solicitation to purchase or sell securities. Nothing in the article constitutes legal, professional, investment and/or financial advice and/or takes into account the specific needs and/or requirements of an individual, nor does any information in the article constitute a comprehensive or complete statement of the matters or subject discussed therein. TipRanks and its affiliates disclaim all liability or responsibility with respect to the content of the article, and any action taken upon the information in the article is at your own and sole risk. The link to this article does not constitute an endorsement or recommendation by TipRanks or its affiliates. Past performance is not indicative of future results, prices or performance.

ig right nyse right Neteller adver right
APPROVED BROKERS
rakuten_main right top net_home_top ig_main right top Binance _ main right top fbs_main right top tifia_main right top
27-10-2021 01:27:46 (UTC+7)

EUR/USD

1.1599

-0.0007 (-0.06%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

EUR/USD

1.1599

-0.0007 (-0.06%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

GBP/USD

1.3770

+0.0001 (+0.01%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (8)

Sell (0)

USD/JPY

114.15

+0.45 (+0.40%)

Summary

Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (5)

AUD/USD

0.7505

+0.0014 (+0.19%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

USD/CAD

1.2382

0.0001 (0.00%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (2)

Sell (9)

EUR/JPY

132.40

+0.44 (+0.34%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

EUR/CHF

1.0667

-0.0008 (-0.07%)

Summary

Neutral

Moving Avg:

Buy (5)

Sell (7)

Indicators:

Buy (3)

Sell (3)

Gold Futures

1,794.15

-12.65 (-0.70%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Silver Futures

24.142

-0.450 (-1.83%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Copper Futures

4.4923

-0.0357 (-0.79%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (1)

Crude Oil WTI Futures

84.64

+0.88 (+1.05%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (1)

Sell (5)

Brent Oil Futures

85.60

+0.43 (+0.50%)

Summary

↑ Sell

Moving Avg:

Buy (1)

Sell (11)

Indicators:

Buy (0)

Sell (6)

Natural Gas Futures

6.000

-0.056 (-0.92%)

Summary

↑ Sell

Moving Avg:

Buy (2)

Sell (10)

Indicators:

Buy (0)

Sell (9)

US Coffee C Futures

208.30

+5.75 (+2.84%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

Euro Stoxx 50

4,223.97

+35.66 (+0.85%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (7)

S&P 500

4,583.68

+17.20 (+0.38%)

Summary

↑ Buy

Moving Avg:

Buy (9)

Sell (3)

Indicators:

Buy (8)

Sell (0)

DAX

15,757.06

+157.83 (+1.01%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (1)

Sell (7)

FTSE 100

7,277.62

+54.80 (+0.76%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (11)

Sell (0)

Hang Seng

26,038.27

-93.76 (-0.36%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (8)

Sell (0)

US Small Cap 2000

2,307.00

-4.18 (-0.18%)

Summary

↑ Buy

Moving Avg:

Buy (11)

Sell (1)

Indicators:

Buy (7)

Sell (2)

IBEX 35

9,001.60

+80.70 (+0.90%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (2)

Sell (6)

BASF SE NA O.N.

63.740

+0.410 (+0.65%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (10)

Sell (0)

Bayer AG NA

48.83

+0.27 (+0.56%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (7)

Sell (1)

Allianz SE VNA O.N.

201.95

+3.43 (+1.73%)

Summary

↑ Buy

Moving Avg:

Buy (12)

Sell (0)

Indicators:

Buy (9)

Sell (0)

Adidas AG

280.25

+2.25 (+0.81%)

Summary

↑ Sell

Moving Avg:

Buy (0)

Sell (12)

Indicators:

Buy (0)

Sell (7)

Deutsche Lufthansa AG

5.628

+0.154 (+2.81%)

Summary

↑ Buy

Moving Avg:

Buy (8)

Sell (4)

Indicators:

Buy (7)

Sell (1)

Siemens AG Class N

141.36

+2.32 (+1.67%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (9)

Sell (0)

Deutsche Bank AG

11.905

+0.225 (+1.93%)

Summary

↑ Buy

Moving Avg:

Buy (10)

Sell (2)

Indicators:

Buy (10)

Sell (0)

 EUR/USD1.1599↑ Buy
 GBP/USD1.3770↑ Buy
 USD/JPY114.15Sell
 AUD/USD0.7505↑ Buy
 USD/CAD1.2382↑ Sell
 EUR/JPY132.40↑ Buy
 EUR/CHF1.0667Neutral
 Gold1,794.15↑ Buy
 Silver24.142↑ Buy
 Copper4.4923↑ Buy
 Crude Oil WTI84.64↑ Sell
 Brent Oil85.60↑ Sell
 Natural Gas6.000↑ Sell
 US Coffee C208.30↑ Buy
 Euro Stoxx 504,223.97↑ Sell
 S&P 5004,583.68↑ Buy
 DAX15,757.06↑ Sell
 FTSE 1007,277.62↑ Buy
 Hang Seng26,038.27↑ Buy
 Small Cap 20002,307.00↑ Buy
 IBEX 359,001.60↑ Sell
 BASF63.740↑ Buy
 Bayer48.83↑ Buy
 Allianz201.95↑ Buy
 Adidas280.25↑ Sell
 Lufthansa5.628↑ Buy
 Siemens AG141.36↑ Buy
 Deutsche Bank AG11.905↑ Buy
Mua/Bán 1 chỉ SJC
# So hôm qua # Chênh TG
SJC Eximbank5,800/ 5,850
(0/ 0) # 889
SJC HCM5,790/ 5,860
(0/ 0) # 900
SJC Hanoi5,790/ 5,862
(0/ 0) # 902
SJC Danang5,790/ 5,862
(0/ 0) # 902
SJC Nhatrang5,790/ 5,862
(0/ 0) # 902
SJC Cantho5,790/ 5,862
(0/ 0) # 902
Cập nhật 27-10-2021 01:22:43
Xem lịch sử giá vàng SJC: nhấn đây!
ↀ Giá vàng thế giới
$1,793.01-15.04-0.83%
Live 24 hour Gold Chart
ʘ Giá bán lẻ xăng dầu
Sản phẩmVùng 1Vùng 2
RON 95-IV2443024910
RON 95-II,III2433024810
E5 RON 92-II2311023570
DO 0.05S1871019080
DO 0,001S-V1906019440
Dầu hỏa1763017980
ↂ Giá dầu thô thế giới
WTI$84.73-1.11-1.31%
Brent$85.70-0.52-0.61%
$ Tỷ giá Vietcombank
Ngoại tệMua vàoBán ra
USD22.625,0022.855,00
EUR25.732,9927.151,49
GBP30.514,9531.789,89
JPY193,97205,16
KRW16,8320,49
Cập nhật lúc 18:54:25 26/10/2021
Xem bảng tỷ giá hối đoái
binance main right Fxpro Main Right aetos main right adver main right