$2.85 Earnings Per Share Expected for Restoration Hardware Holdings, Inc (RH) This Quarter

Equities analysts expect that Restoration Hardware Holdings, Inc (NYSE:RH) will report earnings per share of $2.85 for the current fiscal quarter, Zacks reports. Seven analysts have made estimates for Restoration Hardware’s earnings, with the lowest EPS estimate coming in at $2.54 and the highest estimate coming in at $3.31. Restoration Hardware posted earnings of $1.69 per share during the same quarter last year, which would indicate a positive year over year growth rate of 68.6%. The business is expected to announce its next quarterly earnings results on Tuesday, March 26th.

According to Zacks, analysts expect that Restoration Hardware will report full year earnings of $8.40 per share for the current fiscal year, with EPS estimates ranging from $8.37 to $8.42. For the next year, analysts forecast that the business will post earnings of $9.93 per share, with EPS estimates ranging from $7.57 to $10.65. Zacks Investment Research’s EPS calculations are a mean average based on a survey of analysts that follow Restoration Hardware.

Restoration Hardware (NYSE:RH) last announced its quarterly earnings results on Monday, December 3rd. The company reported $1.73 EPS for the quarter, beating the Zacks’ consensus estimate of $1.27 by $0.46. The firm had revenue of $636.60 million for the quarter, compared to analyst estimates of $632.25 million. Restoration Hardware had a return on equity of 404.46% and a net margin of 4.58%. The business’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period last year, the firm posted $1.04 earnings per share.

A number of equities analysts recently commented on the company. Citigroup lifted their price objective on Restoration Hardware from $181.00 to $200.00 and gave the stock a “buy” rating in a research note on Tuesday, December 4th. Wells Fargo & Co lifted their price objective on Restoration Hardware from $145.00 to $175.00 and gave the stock an “outperform” rating in a research note on Tuesday, December 4th. Stifel Nicolaus lifted their price objective on Restoration Hardware from $150.00 to $180.00 and gave the stock a “buy” rating in a research note on Tuesday, December 4th. Wedbush started coverage on Restoration Hardware in a research note on Monday, October 22nd. They issued an “outperform” rating and a $145.00 price target on the stock. Finally, Deutsche Bank boosted their price target on Restoration Hardware from $143.00 to $185.00 and gave the company a “buy” rating in a research note on Tuesday, December 4th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have issued a buy rating to the company’s stock. Restoration Hardware currently has an average rating of “Buy” and an average price target of $152.28.

A hedge fund recently bought a new stake in Restoration Hardware stock. Hodges Capital Management Inc. purchased a new position in shares of Restoration Hardware Holdings, Inc (NYSE:RH) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 3,807 shares of the company’s stock, valued at approximately $456,000.

Shares of Restoration Hardware stock traded down $0.41 during midday trading on Monday, reaching $133.60. The company had a trading volume of 18,303 shares, compared to its average volume of 816,242. The company has a debt-to-equity ratio of 26.22, a current ratio of 0.80 and a quick ratio of 0.15. The firm has a market cap of $2.90 billion, a P/E ratio of 43.77, a P/E/G ratio of 0.77 and a beta of 1.64. Restoration Hardware has a fifty-two week low of $74.50 and a fifty-two week high of $164.49.

About Restoration Hardware

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.

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Earnings History and Estimates for Restoration Hardware (NYSE:RH)

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