Restoration Hardware Holdings Given Outperform Rating at Wells Fargo & Co. (RH)
Other equities research analysts have also recently issued reports about the stock. 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. Two analysts have rated the stock with a hold rating and six have given a buy rating to the company. The stock has an average rating of “Buy” and a consensus target price of $78.58.
Shares of Restoration Hardware Holdings (NYSE:RH) opened at 63.61 on Tuesday. Restoration Hardware Holdings has a one year low of $51.98 and a one year high of $78.50. The stock’s 50-day moving average is $65.06 and its 200-day moving average is $65.37. The company has a market cap of $2.474 billion and a P/E ratio of 141.36.
Restoration Hardware Holdings (NYSE:RH) last announced its earnings results on Thursday, March 27th. The company reported $0.83 EPS for the quarter, meeting the Thomson Reuters 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 in the prior year, the company posted $0.64 earnings per share. The company’s quarterly revenue was up 18.5% on a year-over-year basis. On average, analysts predict that Restoration Hardware Holdings will post $2.20 earnings per share for the current fiscal year.
Restoration Hardware Holdings, Inc (NYSE:RH) is a holding company.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.