Share on StockTwits

Restoration Hardware Holdings (NYSE:RH) Insider Karen Boone sold 45,000 shares of the stock on the open market in a transaction that occurred on Tuesday, June 17th. The stock was sold at an average price of $82.95, for a total value of $3,732,750.00. The transaction was disclosed in a document filed with the SEC, which is available at 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, June 12th. Separately, analysts at Goldman Sachs raised their price target on shares of Restoration Hardware Holdings to $88.00 in a research note on Thursday, June 12th. One investment analyst has rated the stock with a hold rating and five have given a buy rating to the stock. Restoration Hardware Holdings has an average rating of “Buy” and a consensus target price of $81.27.

Shares of Restoration Hardware Holdings (NYSE:RH) traded up 2.93% during mid-day trading on Thursday, hitting $88.51. 2,417,374 shares of the company’s stock traded hands. Restoration Hardware Holdings has a 52-week low of $54.61 and a 52-week high of $89.08. The stock has a 50-day moving average of $68.38 and a 200-day moving average of $65.21. The company has a market cap of $3.485 billion and a P/E ratio of 176.93. Restoration Hardware Holdings also saw unusually large options trading activity on Monday. Traders purchased 26,459 call options on the company. This is an increase of 725% compared to the average daily volume of 3,209 call options.

Restoration Hardware Holdings (NYSE:RH) last announced its earnings results on Wednesday, June 11th. The company reported $0.18 earnings per share for the quarter, beating the analysts’ 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 last year, the company posted $0.06 earnings per share. Restoration Hardware Holdings’s revenue was up 21.6% compared to the same quarter last year. On average, analysts predict that Restoration Hardware Holdings will post $2.31 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.