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RH

RH Options Ahead of EarningsIf you haven`t sold the top on RH, for that fantastic 12.75X gain in the options chain: nor bought the dip here: Then analyzing the options chain and the chart patterns of RH prior to the earnings report this week, I would consider purchasing the 310usd strike price in the money Puts with an expiration date of 2024-3-28, for a premium of approximately $21.85. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
NYSE:RHShort
by TopgOptions
1
RH appears ready to rise from its base LONGRestoration Hardware on the weekly chart rose from COVID and then retraced for almost two years. It appears now ready to experience some investor and trader interest once again. It is rising from the POC line of its long term volume profile. The trend strength indicator just inflected and curled upward. I like to catch trends early to get as much of a move as possible and before the chasing begins. This is a possible megacap short squeeze set up. Targets are 380 and 480 as horizontal levels of importance.
NYSE:RHLong
by AwesomeAvani
RH Stock Surges 15.75% Despite Weak Q4 Earnings Report Luxury furniture retailer RH (NYSE: NYSE:RH ) faced headwinds in its Q4 CY2023 earnings report, missing analyst estimates with a 4.4% year-on-year decline in revenue to $738.3 million. Despite this setback, the company remains optimistic about its growth trajectory, projecting a 9.0% year-on-year revenue increase for the full year, exceeding market expectations. Mixed Performance Metrics RH's Q4 earnings revealed a mixed bag of performance metrics. While revenue fell short of analyst estimates by 5.1%, the company's non-GAAP profit per share plummeted by 57.9% compared to the same quarter last year, dropping to $0.72 from $1.71. The gross margin also experienced a decline, slipping to 43.5% from 47.8% in the previous year's quarter. Optimistic Outlook Despite the disappointing Q4 results, RH's management remains bullish about the company's future prospects. They anticipate an acceleration in demand trends throughout fiscal 2024, signaling confidence in their ability to navigate challenges in the retail landscape. Strategic Considerations NYSE:RH , formerly known as Restoration Hardware, operates as a specialty retailer focusing on high-end furniture and home decor. As the retail landscape evolves, furniture retailers like RH must adapt to changing consumer behaviors and preferences. The company's emphasis on aesthetics, style, and charm positions it well to capitalize on evolving consumer trends. Sales Growth and Same-Store Sales RH's sales growth trajectory has been modest, with an annualized revenue growth rate of 3.4% over the last four years. However, same-store sales have experienced a concerning decline, averaging a 10% year-on-year decrease over the past eight quarters. This decline underscores the need for RH to reassess its strategy and allocation of capital. Investor Sentiment and Stock Performance Following the earnings report, RH's stock experienced a 15.75% increase, reaching $345.08 per share. While the results fell short of expectations, the positive market reaction suggests investor confidence in the company's long-term outlook. With a bullish Relative Strength Index (RSI) of 71.
NYSE:RHLong
by DEXWireNews
Restoration Hardware (NYSE: $RH) In The Golden Pocket! ✔️RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through rh.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com. As of January 29, 2022, it operated a total of 67 RH Galleries and 38 RH outlet stores in 30 states in the District of Columbia and Canada, as well as 14 Waterworks showrooms throughout the United States and the United Kingdom. The company was formerly known as Restoration Hardware Holdings, Inc. and changed its name to RH in January 2017. RH was incorporated in 2011 and is headquartered in Corte Madera, California.
NYSE:RHLong
by Bullishcharts
2
RH - Bullish on this sectorRestoration Hardware Holdings, Inc. is a luxury brand in the home furnishings marketplace. Fundamentals - Sales of new U.S. single-family homes increased in July after three straight monthly declines. Median house prices surged 18% to $390K from a year ago. People are still renovating homes in this low rate environment and people working from home. Technicals - Weekly chart is showing a flag pattern. Options for 9/10 and 9/17 are pretty even , the put call ratio is 1. If you have any chart requests, hit me up! Cheers!
NYSE:RHLong
by hockeysniper
2
Cabinets?! The real estate market has been benefiting from low mortgage rates, and companies like American Woodmark should succeed well after a vaccine is out. From a pure technical perspective, there are a few things that make AMWD’s chart an attractive set up. A MACD buy signal convergence is possibly forming, which I could possibly be confirmed, by the price action maintaining support on the 20-day MA on the Bollinger Bands. If we can maintain this, there is a chance AMWD can break out. AMWD needs to break 98.44 for a chance at the 100’s. 98.44 as resistance seems to be confirmed based off the volume shelf. Next level is 105.35, with a possible upside of 116.24. AMWD has built an uptrend like most companies have since March. However, companies involved in real estate/housing retail seem to have higher upside as opposed to other “stay at home” plays. I am purely looking at this from a technical perspective and I think AMWD has a better set up in those regards than it’s competitors such as – Wayfair ($W), Restorative Hardware ($RH), Fortune Brands (BHS), FirstService (FSV)
NASDAQ:AMWD
by itsmiguelsol