Restoration Hardware Holdings Inc. (NYSE:RH)‘s stock had its “sector weight” rating restated by analysts at KeyCorp in a research report issued to clients and investors on Monday.

Other analysts have also recently issued reports about the stock. Telsey Advisory Group upped their target price on shares of Restoration Hardware Holdings from $48.00 to $60.00 and gave the company a “market perform” rating in a research report on Friday. Bank of America Corporation initiated coverage on shares of Restoration Hardware Holdings in a research report on Monday. They set an “underperform” rating on the stock. Zacks Investment Research cut shares of Restoration Hardware Holdings from a “hold” rating to a “sell” rating in a research report on Tuesday, July 11th. Loop Capital upped their target price on shares of Restoration Hardware Holdings from $31.00 to $45.00 and gave the company a “hold” rating in a research report on Monday, May 8th. Finally, Gordon Haskett initiated coverage on shares of Restoration Hardware Holdings in a research report on Tuesday, May 9th. They set a “hold” rating and a $58.00 target price on the stock. Three equities research analysts have rated the stock with a sell rating, twelve have issued a hold rating, five have issued a buy rating and one has given a strong buy rating to the stock. The stock currently has an average rating of “Hold” and an average target price of $48.60.

Restoration Hardware Holdings (NYSE:RH) opened at 66.00 on Monday. Restoration Hardware Holdings has a 12-month low of $24.41 and a 12-month high of $71.40. The stock has a market cap of $2.19 billion, a P/E ratio of 172.77 and a beta of 1.47. The stock has a 50 day moving average price of $55.23 and a 200 day moving average price of $40.75.

Restoration Hardware Holdings (NYSE:RH) last released its quarterly earnings data on Thursday, June 1st. The company reported $0.05 EPS for the quarter, meeting the consensus estimate of $0.05. Restoration Hardware Holdings had a net margin of 0.66% and a return on equity of 6.42%. The business had revenue of $562.10 million during the quarter, compared to the consensus estimate of $560.30 million. During the same quarter in the prior year, the firm earned ($0.05) EPS. The business’s revenue was up 23.4% on a year-over-year basis. On average, analysts forecast that Restoration Hardware Holdings will post $1.93 earnings per share for the current fiscal year.

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Several institutional investors have recently modified their holdings of the company. BlackRock Inc. raised its position in shares of Restoration Hardware Holdings by 18,735.0% in the first quarter. BlackRock Inc. now owns 4,680,693 shares of the company’s stock worth $216,529,000 after buying an additional 4,655,842 shares during the period. Vanguard Group Inc. raised its position in shares of Restoration Hardware Holdings by 14.5% in the first quarter. Vanguard Group Inc. now owns 3,352,950 shares of the company’s stock worth $155,107,000 after buying an additional 423,925 shares during the period. Credit Suisse AG bought a new position in shares of Restoration Hardware Holdings during the first quarter worth approximately $15,995,000. Ameriprise Financial Inc. raised its position in shares of Restoration Hardware Holdings by 144.9% in the first quarter. Ameriprise Financial Inc. now owns 580,199 shares of the company’s stock worth $26,840,000 after buying an additional 343,334 shares during the period. Finally, Chescapmanager LLC bought a new position in shares of Restoration Hardware Holdings during the first quarter worth approximately $13,230,000.

About Restoration Hardware Holdings

RH, formerly Restoration Hardware Holdings, Inc, is a retailer in the home furnishings marketplace. As of January 28, 2017, the Company had two segments: RH Segment and Waterworks. It offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings.

Analyst Recommendations for Restoration Hardware Holdings (NYSE:RH)

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