Previous close | 271.15 |
Open | 273.77 |
Bid | 263.30 x 800 |
Ask | 264.58 x 800 |
Day's range | 261.45 - 273.77 |
52-week range | 227.00 - 406.38 |
Volume | |
Avg. volume | 835,270 |
Market cap | 4.856B |
Beta (5Y monthly) | 2.18 |
PE ratio (TTM) | 21.39 |
EPS (TTM) | 12.34 |
Earnings date | 06 Dec 2023 - 11 Dec 2023 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 350.87 |
The market is overlooking important strengths of these companies that could pay off for patient investors.
Formerly known as Restoration Hardware, high-end furniture retailer RH (NYSE: RH) has been embarking on a major brand transformation and expansion over the past few years. In 2023, sales and profits are on the decline, even as the company spends big to expand its brand. Management decided to spend most of its cash on a massive share repurchase in the second quarter.
In May, business conglomerate Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B) revealed that it had sold its entire investment in RH stock -- nearly 2.4 million shares valued at over $600 million at the time. Forbes took this and ran the headline, "Bad Omen For Home Furnishings As Berkshire Hathaway Dumps Its RH Stock," showing how this was perceived by the market. Berkshire Hathaway is run by famous investor Warren Buffett.