Restoration Hardware Holdings Target of Unusually High Options Trading (RH)
Restoration Hardware Holdings (NYSE:RH) was the target of some unusual options trading on Monday. Investors bought 26,459 call options on the stock, Stock Ratings News reports. This represents an increase of 725% compared to the average volume of 3,209 call options.
In other Restoration Hardware Holdings news, COO Kenneth J. Dunaj sold 20,000 shares of the company’s stock in a transaction dated Thursday, June 12th. The stock was sold at an average price of $83.75, for a total transaction of $1,675,000.00. The sale was disclosed in a filing with the SEC, which can be accessed through this link.
A number of research firms have recently commented on RH. Analysts at Wells Fargo & Co. raised their price target on shares of Restoration Hardware Holdings to $88.00 in a research note on Thursday. Separately, analysts at Goldman Sachs raised their price target on shares of Restoration Hardware Holdings to $88.00 in a research note on Thursday. One equities research analyst has rated the stock with a hold rating and five have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $81.27.
Shares of Restoration Hardware Holdings (NYSE:RH) traded up 3.47% on Monday, hitting $83.52. The stock had a trading volume of 1,307,368 shares. Restoration Hardware Holdings has a one year low of $54.61 and a one year high of $83.75. The stock has a 50-day moving average of $65.5 and a 200-day moving average of $64.83. The company has a market cap of $3.289 billion and a price-to-earnings ratio of 166.09.
Restoration Hardware Holdings (NYSE:RH) last posted its quarterly earnings results on Wednesday, June 11th. The company reported $0.18 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.11 by $0.07. The company had revenue of $366.30 million for the quarter, compared to the consensus estimate of $348.49 million. During the same quarter in the prior year, the company posted $0.06 earnings per share. The company’s quarterly revenue was up 21.6% on a year-over-year basis. Analysts expect that Restoration Hardware Holdings will post $2.26 EPS for the current fiscal year.
Restoration Hardware Holdings, Inc (NYSE:RH) is a holding company.
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