Restoration Hardware Holdings Coverage Initiated at Wells Fargo & Co. (RH)
A number of other firms have also recently commented on RH. Analysts at Goldman Sachs reiterated a “neutral” rating on shares of Restoration Hardware Holdings in a research note on Tuesday. They now have a $100.00 price target on the stock. Separately, analysts at Barrington Research initiated coverage on shares of Restoration Hardware Holdings in a research note on Tuesday. They set a “market perform” rating on the stock. Finally, analysts at Bank of America upgraded shares of Restoration Hardware Holdings from a “neutral” rating to a “buy” rating in a research note on Wednesday, June 25th. They now have a $110.00 price target on the stock, up previously from $85.00. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company presently has an average rating of “Buy” and an average target price of $86.13.
In other Restoration Hardware Holdings news, Director Kathleen C. Mitic acquired 2,800 shares of the company’s stock in a transaction dated Friday, June 27th. The stock was purchased at an average price of $93.00 per share, with a total value of $260,400.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link.
Restoration Hardware Holdings (NYSE:RH) traded up 0.01% on Tuesday, hitting $93.06. The stock had a trading volume of 581,670 shares. Restoration Hardware Holdings has a 1-year low of $54.61 and a 1-year high of $94.50. The stock has a 50-day moving average of $73.90 and a 200-day moving average of $66.16. The company has a market cap of $3.664 billion and a price-to-earnings ratio of 191.46.
Restoration Hardware Holdings (NYSE:RH) last issued its quarterly earnings data 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.
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