12.27 0.00 (0.00%)
After hours: 4:08PM EST
|Bid||12.05 x 900|
|Ask||12.35 x 21500|
|Day's Range||11.95 - 12.63|
|52 Week Range||11.95 - 24.74|
|Beta (3Y Monthly)||1.00|
|PE Ratio (TTM)||4.84|
|Earnings Date||Jan 8, 2019|
|Forward Dividend & Yield||0.64 (5.14%)|
|1y Target Est||15.00|
Meanwhile, Williams Sonoma (WSM) and RH (RH) stocks have delivered YTD gains of 7.4% and 65.2%, respectively. On the other hand, Home Depot (HD) and Bed Bath & Beyond (BBBY) have declined 7.2% and 43.7%, respectively, YTD.
In the third quarter, RH (RH) posted EPS of $0.81. However, removing special items, the company’s adjusted EPS stood at $1.73, a rise of 66.3% from $1.04 in the third quarter of 2017. This EPS growth was driven by its revenue growth, the expansion of its adjusted operating margin, and its lower effective tax rate.
RH earns its revenue from both direct sales and store sales. During the third quarter, the company’s store sales formed 58% of its total revenue, while its direct sales generated the remaining 42%. RH’s revenue growth was driven by growth in both its store and direct sales.
RH (RH) posted its third-quarter earnings results after the market closed on December 3. For the quarter that ended on November 3, the company posted adjusted EPS of $1.73 on revenue of $638.5 million.
On November 29, At Home Group (HOME) was trading at a 12-month forward PE ratio of ~19.0x. In contrast, Williams-Sonoma (WSM), RH (RH), Bed Bath & Beyond (BBBY), and Home Depot (HD) were trading at a 12-month forward PE ratios of 12.6x, 14.0x, 7.3x, and 17.2x, respectively.
As of November 29, At Home Group (HOME) stock has fallen 8.8% YTD (year-to-date) to $27.71. In comparison, RH (RH) and Williams Sonoma (WSM) stocks have delivered YTD gains of 8.1% and 32.9%, respectively. On the other hand, Home Depot (HD) and Bed Bath and Beyond (BBBY) have fallen 7.3% and 41.9%, respectively, YTD.
Why are analysts bullish on HOME? Ahead of its upcoming fiscal 2019 third-quarter earnings announcement, At Home Group (HOME) has been rated as a “buy” by 100% of the analysts covering its stock. For the quarter, analysts expect At Home’s net sales to rise 24.6% to $265.4 million.
The rating on the interest-only (IO) class was affirmed based on the credit quality of the referenced classes. Moody's rating action reflects a base expected loss of 36.9% of the current balance, compared to 26.3% at Moody's last review. Performance that falls outside the given range can indicate that the collateral's credit quality is stronger or weaker than Moody's had previously expected.
On average, analysts have a 12-month price target of $154.32 on the stock, which represents a potential upside of 32.3% from its current price of $116.61. On November 27, Wells Fargo resumed coverage of RH with an “outperform” rating and a price target of $145.
In the third quarter, analysts expect RH (RH) to post adjusted EPS of $1.27, a rise of 22.1% from $1.04 in the corresponding quarter of 2017. RH’s EPS growth is expected to be driven by revenue growth, net margin expansion, and share repurchases.
Analysts expect RH (RH) to post revenue of $632.2 million in the third quarter, a rise of 6.7% from $592.5 million in the third quarter of 2017. This revenue growth is expected to be driven by its SSSG (same-store sales growth), the addition of new galleries, and growth in its direct sales. In 2018, RH has opened three new galleries: the Portland gallery on April 9, the Nashville gallery on July 2, and the New York gallery on September 12.
DICK'S Sporting (DKS) posts mixed third-quarter fiscal 2018 results. The company raises its earnings forecast for the fiscal year.
RH (RH) is scheduled to post its third-quarter earnings results after the market closes on December 4. As of November 28, RH is trading at $116.61, a fall of 22.9% since its announcement of its second-quarter earnings results on September 4. In the second quarter, which ended on August 4, RH posted adjusted EPS of $2.05, outperforming analysts’ expectation of $1.74.
Index (PMI) data, output in the Consumer Services sector is rising. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way.
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