Restoration Hardware Holdings, Inc common stock (RH) Shares Up 5%

Restoration Hardware Holdings, Inc common stock (NYSE:RH) shot up 5% during trading on Monday . The company traded as high as $152.48 and last traded at $151.62. 1,073,461 shares changed hands during mid-day trading, an increase of 3% from the average session volume of 1,038,948 shares. The stock had previously closed at $144.40.

A number of research analysts have issued reports on RH shares. Barclays upped their target price on shares of Restoration Hardware Holdings, Inc common stock from $120.00 to $160.00 and gave the company an “equal weight” rating in a report on Tuesday, June 12th. Piper Jaffray Companies upped their target price on shares of Restoration Hardware Holdings, Inc common stock to $153.00 and gave the company a “neutral” rating in a report on Tuesday, June 12th. ValuEngine lowered shares of Restoration Hardware Holdings, Inc common stock from a “strong-buy” rating to a “buy” rating in a report on Monday, July 2nd. Bank of America upped their target price on shares of Restoration Hardware Holdings, Inc common stock from $65.00 to $77.00 and gave the company an “underperform” rating in a report on Tuesday, June 12th. Finally, Buckingham Research upped their target price on shares of Restoration Hardware Holdings, Inc common stock from $135.00 to $200.00 and gave the company a “buy” rating in a report on Tuesday, June 12th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and ten have given a buy rating to the company. Restoration Hardware Holdings, Inc common stock currently has an average rating of “Hold” and an average target price of $126.87.

The firm has a market capitalization of $3.12 billion, a price-to-earnings ratio of 50.02, a PEG ratio of 0.91 and a beta of 1.87. The company has a debt-to-equity ratio of 129.12, a quick ratio of 0.24 and a current ratio of 1.31.



Restoration Hardware Holdings, Inc common stock (NYSE:RH) last announced its quarterly earnings data on Monday, June 11th. The company reported $1.33 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $1.01 by $0.32. The business had revenue of $557.41 million for the quarter, compared to analyst estimates of $563.24 million. Restoration Hardware Holdings, Inc common stock had a net margin of 1.38% and a negative return on equity of 683.40%. The company’s revenue was down .8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.05 EPS. analysts expect that Restoration Hardware Holdings, Inc common stock will post 6.65 EPS for the current year.

In other news, Director Keith Belling sold 4,000 shares of the stock in a transaction dated Monday, June 18th. The shares were sold at an average price of $156.41, for a total transaction of $625,640.00. Following the transaction, the director now directly owns 16,586 shares in the company, valued at approximately $2,594,216.26. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, insider Demonty Price sold 7,777 shares of the stock in a transaction dated Tuesday, June 19th. The stock was sold at an average price of $152.01, for a total transaction of $1,182,181.77. Following the transaction, the insider now owns 39,507 shares in the company, valued at $6,005,459.07. The disclosure for this sale can be found here. Over the last quarter, insiders have sold 56,653 shares of company stock worth $7,916,450. Insiders own 29.70% of the company’s stock.

A number of hedge funds and other institutional investors have recently bought and sold shares of RH. Renaissance Technologies LLC purchased a new position in Restoration Hardware Holdings, Inc common stock in the fourth quarter valued at approximately $2,354,000. LPL Financial LLC purchased a new position in Restoration Hardware Holdings, Inc common stock in the fourth quarter valued at approximately $224,000. Rhumbline Advisers raised its holdings in Restoration Hardware Holdings, Inc common stock by 1.5% in the first quarter. Rhumbline Advisers now owns 44,624 shares of the company’s stock valued at $4,252,000 after buying an additional 673 shares during the period. ARP Americas LP raised its holdings in Restoration Hardware Holdings, Inc common stock by 69.6% in the first quarter. ARP Americas LP now owns 9,500 shares of the company’s stock valued at $905,000 after buying an additional 3,900 shares during the period. Finally, Hussman Strategic Advisors Inc. purchased a new position in Restoration Hardware Holdings, Inc common stock in the first quarter valued at approximately $2,858,000.

About Restoration Hardware Holdings, Inc common stock (NYSE:RH)

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.

See Also: Market Capitalization – What it Means for Investors

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.

Leave a Reply