Restoration Hardware Holdings Receives Average Rating of “Buy” from Brokerages (NYSE:RH)
Restoration Hardware Holdings (NYSE:RH) has been given a consensus rating of “Buy” by the nine brokerages that are covering the company, AnalystRatingsNetwork reports. Two research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $72.48.
In other Restoration Hardware Holdings news, Director Eri Chaya sold 14,000 shares of the company’s stock on the open market in a transaction dated Thursday, April 3rd. The stock was sold at an average price of $73.07, for a total value of $1,022,980.00. Following the sale, the director now directly owns 44,045 shares of the company’s stock, valued at approximately $3,218,368. The sale was disclosed in a document filed with the SEC, which can be accessed through this link.
Shares of Restoration Hardware Holdings (NYSE:RH) opened at 65.72 on Friday. Restoration Hardware Holdings has a one year low of $32.02 and a one year high of $78.50. The stock’s 50-day moving average is $66.43 and its 200-day moving average is $65.76. The company has a market cap of $2.556 billion and a P/E ratio of 146.04.
Restoration Hardware Holdings (NYSE:RH) last issued its quarterly earnings data on Thursday, March 27th. The company reported $0.83 earnings per share for the quarter, meeting the analysts’ consensus estimate of $0.83. The company had revenue of $471.69 million for the quarter, compared to the consensus estimate of $493.09 million. During the same quarter last year, the company posted $0.64 earnings per share. Restoration Hardware Holdings’s revenue was up 18.5% compared to the same quarter last year. On average, analysts predict that Restoration Hardware Holdings will post $2.20 earnings per share for the current fiscal year.
A number of research firms have recently commented on RH. Analysts at Piper Jaffray raised their price target on shares of Restoration Hardware Holdings from $65.00 to $72.00 in a research note on Friday, March 28th. Analysts at BB&T Corp. initiated coverage on shares of Restoration Hardware Holdings in a research note on Friday, February 21st. They set a “buy” rating and a $73.00 price target on the stock.
Restoration Hardware Holdings, Inc (NYSE:RH) is a holding company.
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