Recent Investment Analysts’ Ratings Changes for Restoration Hardware Holdings, Inc common stock (RH)

Several brokerages have updated their recommendations and price targets on shares of Restoration Hardware Holdings, Inc common stock (NYSE: RH) in the last few weeks:

  • 6/12/2018 – Restoration Hardware Holdings, Inc common stock had its price target raised by analysts at Bank of America Corp from $65.00 to $77.00. They now have an “underperform” rating on the stock.
  • 6/12/2018 – Restoration Hardware Holdings, Inc common stock was upgraded by analysts at ValuEngine from a “buy” rating to a “strong-buy” rating.
  • 6/12/2018 – Restoration Hardware Holdings, Inc common stock had its price target raised by analysts at Piper Jaffray Companies to $153.00. They now have a “neutral” rating on the stock.
  • 6/12/2018 – Restoration Hardware Holdings, Inc common stock was downgraded by analysts at Raymond James from an “outperform” rating to a “market perform” rating. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 6/12/2018 – Restoration Hardware Holdings, Inc common stock had its price target raised by analysts at Stifel Nicolaus from $100.00 to $125.00. They now have a “hold” rating on the stock.
  • 6/12/2018 – Restoration Hardware Holdings, Inc common stock had its price target raised by analysts at Barclays PLC from $120.00 to $160.00. They now have an “equal weight” rating on the stock.
  • 6/12/2018 – Restoration Hardware Holdings, Inc common stock had its price target raised by analysts at Buckingham Research from $135.00 to $200.00. They now have a “buy” rating on the stock.
  • 6/12/2018 – Restoration Hardware Holdings, Inc common stock had its price target raised by analysts at Citigroup Inc from $140.00 to $170.00. They now have a “buy” rating on the stock.
  • 6/12/2018 – Restoration Hardware Holdings, Inc common stock had its price target raised by analysts at Deutsche Bank AG from $125.00 to $160.00. They now have a “buy” rating on the stock.
  • 6/12/2018 – Restoration Hardware Holdings, Inc common stock had its price target raised by analysts at Loop Capital to $160.00. They now have a “buy” rating on the stock.
  • 6/5/2018 – Restoration Hardware Holdings, Inc common stock was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $113.00 price target on the stock. According to Zacks, “RH’s shares have gained 17.2% year to date, compared to the its industry’s 7.6% decline. Earnings estimates for 2018 and 2019 moved up 1.6% and 7.2%, respectively, over the last 60 days The new membership model (RH Members Program) is improving its brand image, streamlining operations and enhancing customer experience. Also, efforts to redesign its supply chain network, rationalize product offerings and the Waterworks acquisition are expected to boost growth. Initiatives like RH Modern, RH Teen, RH Hospitality, the redesign of RH Interiors Source Book and the rollout of Design Ateliers across the company’s retail galleries are expected to drive growth in 2017 and beyond. However, higher dependence on imports makes it vulnerable to uncertain macro conditions.”
  • 6/5/2018 – Restoration Hardware Holdings, Inc common stock was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 5/28/2018 – Restoration Hardware Holdings, Inc common stock was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.
  • 5/22/2018 – Restoration Hardware Holdings, Inc common stock was downgraded by analysts at ValuEngine from a “buy” rating to a “hold” rating.
  • 5/4/2018 – Restoration Hardware Holdings, Inc common stock was upgraded by analysts at ValuEngine from a “hold” rating to a “buy” rating.

RH stock traded down $1.18 during trading on Thursday, hitting $153.74. 43,880 shares of the company traded hands, compared to its average volume of 1,090,824. The stock has a market capitalization of $2.57 billion, a PE ratio of 50.41, a P/E/G ratio of 0.92 and a beta of 1.61. Restoration Hardware Holdings, Inc common stock has a 1 year low of $44.00 and a 1 year high of $164.49. The company has a debt-to-equity ratio of -148.64, a current ratio of 1.24 and a quick ratio of 0.23.

Restoration Hardware Holdings, Inc common stock (NYSE:RH) last released its quarterly earnings results on Monday, June 11th. The company reported $1.33 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.32. The business had revenue of $557.41 million during the quarter, compared to analyst estimates of $563.24 million. Restoration Hardware Holdings, Inc common stock had a negative return on equity of 456.77% and a net margin of 1.38%. Restoration Hardware Holdings, Inc common stock’s quarterly revenue was down .8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.05 EPS. analysts anticipate that Restoration Hardware Holdings, Inc common stock will post 5.85 EPS for the current year.

In related news, Director Mark S. Demilio sold 11,100 shares of the firm’s stock in a transaction that occurred on Monday, April 2nd. The stock was sold at an average price of $95.46, for a total transaction of $1,059,606.00. Following the completion of the transaction, the director now owns 9,766 shares of the company’s stock, valued at approximately $932,262.36. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. Also, insider Karen Boone sold 15,000 shares of the firm’s stock in a transaction that occurred on Friday, April 20th. The shares were sold at an average price of $88.56, for a total value of $1,328,400.00. Following the transaction, the insider now directly owns 24,306 shares of the company’s stock, valued at approximately $2,152,539.36. The disclosure for this sale can be found here. Insiders sold a total of 66,100 shares of company stock valued at $6,338,306 in the last three months. Corporate insiders own 29.70% of the company’s stock.

Institutional investors and hedge funds have recently modified their holdings of the business. LS Investment Advisors LLC boosted its stake in shares of Restoration Hardware Holdings, Inc common stock by 145.5% in the 4th quarter. LS Investment Advisors LLC now owns 1,652 shares of the company’s stock worth $142,000 after buying an additional 979 shares during the last quarter. SG Americas Securities LLC boosted its stake in shares of Restoration Hardware Holdings, Inc common stock by 100.7% in the 1st quarter. SG Americas Securities LLC now owns 1,602 shares of the company’s stock worth $153,000 after buying an additional 224,707 shares during the last quarter. First Republic Investment Management Inc. purchased a new position in shares of Restoration Hardware Holdings, Inc common stock in the 4th quarter worth $200,000. MML Investors Services LLC purchased a new position in shares of Restoration Hardware Holdings, Inc common stock in the 4th quarter worth $201,000. Finally, Jump Trading LLC purchased a new position in shares of Restoration Hardware Holdings, Inc common stock in the 1st quarter worth $202,000.

RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bath ware, décor, outdoor and garden, tableware, 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, restorationhardware.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com.

Receive News & Ratings for Restoration Hardware Holdings Inc common stock Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restoration Hardware Holdings Inc common stock and related companies with MarketBeat.com's FREE daily email newsletter.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit