Previous close | 260.65 |
Open | 266.31 |
Bid | 281.10 x 1000 |
Ask | 282.38 x 1100 |
Day's range | 265.73 - 281.84 |
52-week range | 207.26 - 406.38 |
Volume | |
Avg. volume | 778,404 |
Market cap | 5.183B |
Beta (5Y monthly) | 2.42 |
PE ratio (TTM) | 70.95 |
EPS (TTM) | 3.96 |
Earnings date | 05 Sept 2024 - 09 Sept 2024 |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | N/A |
1y target est | 294.80 |
RH is reeling under weak demand and incurring high expenses. Will the stock be able to secure a path for sustained growth, given its product transformation and strategic expansion initiatives?
Shares of luxury furniture retailer RH (NYSE:RH) jumped 7.5% in the afternoon session after investors seem to be rotating out of large-cap tech winners like NVDA, GOOGL, and MSFT and into smaller cap stocks, with housing stocks as a bright spot in particular.
As the S&P 500 and Nasdaq Composite recently hit record highs, buoyed by optimism around potential interest rate cuts and strong performances in sectors like chipmaking, the U.S. stock market presents a complex landscape for investors. In this environment, growth companies with significant insider ownership can offer unique investment appeal, as high insider stakes often align management’s interests with those of shareholders.