RH (Restoration Hardware) (RH) Stock Analysis — April 2026 Rating, Price, and Forecast
Company Overview — What Does RH (Restoration Hardware) Do?
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. RH (Restoration Hardware) (RH) is classified as a mid-cap stock in the Consumer Discretionary sector, specifically within the Retail industry. The company is led by CEO Gary G. Friedman and employs approximately 6,500 people, headquartered in Corte Madera, California. With a market capitalization of $2.1B, RH is one of the notable companies in the Consumer Discretionary sector.
RH (Restoration Hardware) (RH) Stock Rating — Reduce (April 2026)
As of April 2026, RH (Restoration Hardware) receives a Reduce rating with a composite score of 40.0/100 and 2 out of 5 stars from the Blank Capital Research quantitative model.RH ranks #3,250 out of 4,446 stocks in our coverage universe. Within the Consumer Discretionary sector, RH (Restoration Hardware) ranks #341 of 442 stocks, placing it in the lower half of its Consumer Discretionary peers. The rating is generated by a multi-factor model that weighs quality (30%), momentum (25%), value (15%), investment (10%), stability (10%), and short interest (10%).
RH Stock Price and 52-Week Range
RH (Restoration Hardware) (RH) currently trades at $124.80. The stock gained $1.00 (0.8%) in the most recent trading session. The 52-week high for RH is $264.58, which means the stock is currently trading -52.8% from its annual peak. The 52-week low is $123.03, putting the stock 1.4% above its annual trough. Recent trading volume was 1.9M shares, reflecting moderate market activity.
Is RH Overvalued or Undervalued? — Valuation Analysis
RH (Restoration Hardware) (RH) carries a value factor score of 77/100 in the Blank Capital model, suggesting the stock trades at a meaningful discount to its fundamental earning power. The trailing price-to-earnings ratio is 16.67x, compared to the Consumer Discretionary sector average of 24.47x — a discount of 32%. The price-to-book ratio stands at 35.53x, versus the sector average of 1.99x. The price-to-sales ratio is 0.63x, compared to 0.27x for the average Consumer Discretionary stock. On an enterprise value basis, RH trades at 3.92x EV/EBITDA, versus 4.91x for the sector.
Based on these multiples, RH (Restoration Hardware) appears attractively valued relative to both its sector peers and the broader market. Value-oriented investors may find the current entry point compelling, particularly if the company's fundamental quality metrics also score well.
RH (Restoration Hardware) Profitability — ROE, Margins, and Quality Score
RH (Restoration Hardware) (RH) earns a quality factor score of 50/100, indicating solid business quality with consistent operational execution. The return on equity (ROE) is 213.2%, compared to the Consumer Discretionary sector average of 6.2%, which demonstrates strong shareholder value creation. Return on assets (ROA) comes in at 2.7% versus the sector average of 2.5%.
On a margin basis, RH (Restoration Hardware) reports gross margins of 44.3%, compared to 36.9% for the sector. The operating margin is 11.3% (sector: 3.8%). Net profit margin stands at 3.7%, versus 2.1% for the average Consumer Discretionary stock. Revenue growth is running at -2.2% on a trailing basis, compared to 3.3% for the sector. The overall profitability profile is adequate, though there may be room for margin expansion.
RH Debt, Balance Sheet, and Financial Health
RH (Restoration Hardware) has a debt-to-equity ratio of 7880.0%, compared to the Consumer Discretionary sector average of 89.0%. This elevated leverage warrants close monitoring, as it increases the company's sensitivity to rising interest rates and economic downturns. The current ratio is 1.19x, suggesting adequate working capital coverage. Total debt on the balance sheet is $2.44B. Cash and equivalents stand at $87M.
RH has a beta of 2.68, meaning it is more volatile than the broader market — a $10,000 investment in RH would be expected to move 167.8% more than the S&P 500 on any given day. The stability factor score for RH (Restoration Hardware) is 21/100, suggesting elevated price swings that may be unsuitable for conservative portfolios.
RH (Restoration Hardware) Revenue and Earnings History — Quarterly Trend
In TTM 2026, RH (Restoration Hardware) reported revenue of $3.41B and earnings per share (EPS) of $6.65. Net income for the quarter was $129M. Gross margin was 44.3%. Operating income came in at $392M.
In FY 2026, RH (Restoration Hardware) reported revenue of $3.44B and earnings per share (EPS) of $6.65. Net income for the quarter was $125M. Gross margin was 44.1%. Revenue grew 8.1% year-over-year compared to FY 2025. Operating income came in at $387M.
In Q3 2025, RH (Restoration Hardware) reported revenue of $812M and earnings per share (EPS) of $1.79. Net income for the quarter was $33M. Gross margin was 44.1%. Operating income came in at $101M.
In Q3 2026, RH (Restoration Hardware) reported revenue of $884M and earnings per share (EPS) of $1.93. Net income for the quarter was $36M. Gross margin was 44.1%. Revenue grew 8.9% year-over-year compared to Q3 2025. Operating income came in at $106M.
Over the past 8 quarters, RH (Restoration Hardware) has demonstrated a growth trajectory, with revenue expanding from $830M to $3.41B. Investors analyzing RH stock should weigh these quarterly trends alongside the valuation and quality metrics discussed above.
RH Dividend Yield and Income Analysis
RH (Restoration Hardware) (RH) does not currently pay a dividend. This is common among smaller companies in the Retail industry that prefer to reinvest cash flows into business expansion rather than returning capital to shareholders. Income-focused investors looking for Consumer Discretionary dividend stocks may want to explore other Consumer Discretionary stocks or use the stock screener to filter by dividend yield.
RH Momentum and Technical Analysis Profile
RH (Restoration Hardware) (RH) has a momentum factor score of 19/100, signaling weak relative price performance. Stocks with low momentum scores have historically tended to continue underperforming in the near term. The investment factor score is 34/100, which measures capital allocation efficiency and asset growth patterns. The short interest score of 33/100 signals elevated short interest, which can indicate bearish sentiment among institutional investors.
RH vs Competitors — Consumer Discretionary Sector Ranking and Peer Comparison
Within the Consumer Discretionary sector, RH (Restoration Hardware) (RH) ranks #341 out of 442 stocks based on the Blank Capital composite score. This places RH in the lower half of all Consumer Discretionary stocks in our coverage universe. Key competitors and sector peers include MONARCH CASINO & RESORT INC (MCRI) with a score of 50.5/100, CASEYS GENERAL STORES INC (CASY) with a score of 57.3/100, INGLES MARKETS INC (IMKTA) with a score of 51.0/100, FIVE BELOW, INC (FIVE) with a score of 51.6/100, and TARGET CORP (TGT) with a score of 52.6/100.
Comparing RH against the S&P 500 benchmark is also instructive for understanding relative performance. Investors can view the full RH vs S&P 500 (SPY) comparison to assess how RH (Restoration Hardware) stacks up against the broader market across all factor dimensions.
RH Next Earnings Date
No upcoming earnings date has been announced for RH (Restoration Hardware) (RH) at this time. Check the earnings calendar for the latest scheduling updates across all stocks in our coverage universe.
Should You Buy RH? — Investment Thesis Summary
The quantitative profile for RH (Restoration Hardware) suggests caution. The value score of 77/100 suggests attractive pricing relative to fundamentals. Momentum is weak at 19/100, a headwind for near-term performance. High volatility (stability score 21/100) increases portfolio risk.
In summary, RH (Restoration Hardware) (RH) earns a Reduce rating with a composite score of 40.0/100 as of April 2026. The rating is derived from the Blank Capital Research methodology, which combines six factor dimensions into a single quantitative ranking. Investors should consider these quantitative signals alongside their own fundamental research, risk tolerance, and investment time horizon before making buy or sell decisions on RH stock.
Related Resources for RH Investors
Explore more research and tools: RH vs S&P 500 comparison, top Consumer Discretionary stocks, stock screener, our methodology, quality factor explained, value factor explained, momentum factor explained. Compare RH head-to-head with peers: RH vs MCRI, RH vs CASY, RH vs IMKTA.