RH (RH) closed the most recent trading day at $385.64, moving -0.9% from the previous trading session. The stock fell short of the S&P 500, which registered a gain of 0.57% for the day. On the other hand, the Dow registered a gain of 0.28%, and the technology-centric Nasdaq increased by 0.63%.

Shares of the furniture and housewares company witnessed a gain of 19.99% over the previous month, beating the performance of the Consumer Staples sector with its loss of 0.3% and the S&P 500's gain of 3.15%.

Investors will be eagerly watching for the performance of RH in its upcoming earnings disclosure. The company is predicted to post an EPS of $2.67, indicating a 735.71% growth compared to the equivalent quarter last year. Our most recent consensus estimate is calling for quarterly revenue of $810.9 million, up 7.94% from the year-ago period.

For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $5.66 per share and a revenue of $3.16 billion, representing changes of -17.61% and +4.19%, respectively, from the prior year.

It is also important to note the recent changes to analyst estimates for RH. These revisions help to show the ever-changing nature of near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company's business outlook.

Based on our research, we believe these estimate revisions are directly related to near-team stock moves. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 0.3% lower. Right now, RH possesses a Zacks Rank of #3 (Hold).

In terms of valuation, RH is presently being traded at a Forward P/E ratio of 68.79. This represents a premium compared to its industry's average Forward P/E of 23.46.

It's also important to note that RH currently trades at a PEG ratio of 2.2. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. The Consumer Products - Staples industry had an average PEG ratio of 2.2 as trading concluded yesterday.

The Consumer Products - Staples industry is part of the Consumer Staples sector. This group has a Zacks Industry Rank of 145, putting it in the bottom 43% of all 250+ industries.