Alert: Major Price Decline (12/8/23)-RH (NYSE: RH).


RH (NYSE: RH) stock closed at $242.01 on 12/8/23 after a major decline of -14.0%. Moreover, trading volume in this decline was exceptionally high at 520% of normal. The stock has been strong relative to the market over the last nine months but has declined -10.4% during the last week.


Current PriceTarget Research Rating

RH’s future returns on capital are forecasted to be above the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.

RH has a current Value Trend Rating of C (High Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. RH has a neutral Appreciation Score of 53 and a slightly positive Power Rating of 65, with the High Neutral Value Trend Rating the result.

Rating Review

In light of this highly negative price change we are reviewing our current Overall Rating of C. This review will be completed in the next several days.

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