Taking a Fresh Look at RH (RH)

RH (RH) is an interesting player in the Services space, with a focus on Home Furnishing Stores. The stock has been active on the tape, currently trading at $51.51, up from yesterday’s close by 1.52%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.

Fundamental Analysis

Does this stock stack up well when compared to its peers in the industry space? Let’s take a look. RH (RH) currently trades with a market capitalization of $1.62 Billion. That value represents a market adjusting for revenues that have been growing by 23.41 % on a quarterly year/year basis as of the company’s last quarterly report.

The balance sheet health of any company plays a key role in its ability to meet its obligations and maintain the faith of its investment base. For RH, the company currently has $80.15 Million of cash on the books. You can get a sense of how sustainable that is by a levered free cash flow of $184.37 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.47 on a per share basis this quarter. Perhaps, that suggests something about why 35.53% of the outstanding share supply is held by institutional investors.

Technical Analysis

Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, RH recorded a 52-week high of $60.11. It is now trading 8.6% off that level. The stock is trading $51.44 its 50-day moving average by -0.07%. The stock carved out a 52-week low down at $24.41.

In recent action, RH (RH) has made a move of -9.69% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is outperforming the S&P 500 by 76.98, and it’s gotten there by action that has been more volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 42.21% with $30.69 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of RH.

Previous articleHow Does MobileIron, Inc. (MOBL) Stack Up Right Now?
Next articleWhy Investors remained buoyant on: ZIOPHARM Oncology, Inc. (ZIOP), Union Pacific Corporation (UNP)