Added to YB: 2021-07-20
Pitch date: 2021-07-20
RH [bullish]
RH
-78.52%
current return
Author Info
No bio for this author
Company Info
RH, together with its subsidiaries, operates as a retailer and lifestyle brand in the home furnishings market in the United States, Canada, the United Kingdom, Germany, Belgium, and Spain.
Market Cap
$2.8B
Pitch Price
$663.06
Price Target
754.00 (+429%)
Dividend
N/A
EV/EBITDA
10.23
P/E
28.01
EV/Sales
1.98
Sector
Specialty Retail
Category
growth
RH: Nothing Stopping this Bullet Train
RH: Restoration Hardware offers domestic gallery expansion, margin gains and an early international runway into Europe’s estimated $40-$43B luxury-furniture market. Q1 revenue rose 78%, EPS 285% and operating margin reached 21.8%; FY21 guidance calls for 25%-30% revenue growth and 23.5%-24.3% adjusted operating margins. A $754 target implies ~15% upside using 29x FY22 EPS of $26, though overseas expansion remains in its infancy.
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