A number of research firms have changed their ratings and price targets for Restoration Hardware Holdings (NYSE: RH):

  • 9/7/2017 – Restoration Hardware Holdings had its price target raised by analysts at Telsey Advisory Group from $60.00 to $66.00. They now have a “market perform” rating on the stock.
  • 9/7/2017 – Restoration Hardware Holdings was upgraded by analysts at Buckingham Research from a “neutral” rating to a “buy” rating. They now have a $88.00 price target on the stock, up previously from $46.00.
  • 9/7/2017 – Restoration Hardware Holdings was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $56.00 price target on the stock. According to Zacks, “RH’s second-quarter fiscal 2017 earnings per share improved 47.7% from the prior-year quarter and surpassed the Zacks Consensus Estimate by 38.3%. Revenues increased 13.2%, beating the Zacks Consensus Estimate by 0.4%. Core RH Business, excluding outlet and Waterworks acquisition, increased 10% year over year. RH’s focus on executing its new business model, designing a new operating platform and maximizing cash flow by increasing revenues and earnings bode well. Adjusted operating margin expanded 30 basis points, and adjusted gross margin improved 40 basis points. The company’s efforts to redesign its supply chain network, rationalize product offerings and the Waterworks acquisition are expected to boost growth.”
  • 9/7/2017 – Restoration Hardware Holdings had its price target raised by analysts at Bank of America Corporation from $44.00 to $50.00. They now have a “buy” rating on the stock.
  • 9/7/2017 – Restoration Hardware Holdings had its “hold” rating reaffirmed by analysts at Oppenheimer Holdings, Inc..
  • 9/7/2017 – Restoration Hardware Holdings had its “market perform” rating reaffirmed by analysts at Cowen and Company. They now have a $61.00 price target on the stock, up previously from $44.00.
  • 9/7/2017 – Restoration Hardware Holdings had its price target raised by analysts at Piper Jaffray Companies from $43.00 to $71.00. They now have a “neutral” rating on the stock.
  • 8/25/2017 – Restoration Hardware Holdings was downgraded by analysts at BidaskClub from a “sell” rating to a “strong sell” rating.
  • 8/22/2017 – Restoration Hardware Holdings had its “underperform” rating reaffirmed by analysts at Bank of America Corporation. They now have a $44.00 price target on the stock, down previously from $54.00.
  • 8/16/2017 – Restoration Hardware Holdings was downgraded by analysts at Zacks Investment Research from a “strong-buy” rating to a “hold” rating. According to Zacks, “RH’s shares widely outperformed the industry to which it belongs, year to date. The company’s efforts to redesign its supply chain network, rationalize product offerings and the Waterworks acquisition are expected to boost growth. Initiatives like RH Modern, RH Teen, RH Hospitality, the redesign of RH Interiors Source Book, the rollout of Design Ateliers across the company’s retail Galleries are expected to contribute to growth in 2017 and beyond. Though RH’s plans to rationalize product offering, reduce inventories and boost free cash flow will drive revenues and cash flow, it is expected to dent earnings in 2017. Also, higher dependence on imports makes it vulnerable to uncertain macro conditions.”
  • 8/9/2017 – Restoration Hardware Holdings was downgraded by analysts at BidaskClub from a “hold” rating to a “sell” rating.
  • 8/3/2017 – Restoration Hardware Holdings was downgraded by analysts at BidaskClub from a “buy” rating to a “hold” rating.
  • 8/2/2017 – Restoration Hardware Holdings was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $71.00 price target on the stock. According to Zacks, “RH’s shares widely outperformed the industry to which it belongs, year to date. The company’s efforts to redesign its supply chain network, rationalize product offerings and the Waterworks acquisition are expected to boost growth. Initiatives like RH Modern, RH Teen, RH Hospitality, the redesign of RH Interiors Source Book, the rollout of Design Ateliers across the company’s retail Galleries are expected to contribute to growth in 2017 and beyond. Though RH’s plans to rationalize product offering, reduce inventories and boost free cash flow will drive revenues and cash flow, it is expected to dent earnings in 2017. Also, higher dependence on imports makes it vulnerable to uncertain macro conditions.”
  • 7/25/2017 – Restoration Hardware Holdings was downgraded by analysts at BidaskClub from a “strong-buy” rating to a “buy” rating.
  • 7/24/2017 – Restoration Hardware Holdings was downgraded by analysts at Citigroup Inc. from a “buy” rating to a “neutral” rating. They now have a $76.00 price target on the stock, up previously from $63.00.
  • 7/21/2017 – Restoration Hardware Holdings was downgraded by analysts at Deutsche Bank AG from a “buy” rating to a “hold” rating. They now have a $80.00 price target on the stock.
  • 7/18/2017 – Restoration Hardware Holdings had its price target raised by analysts at Deutsche Bank AG from $66.00 to $80.00. They now have a “buy” rating on the stock.
  • 7/18/2017 – Restoration Hardware Holdings was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “RH’s shares widely outperformed the Zacks categorized Retail-Home Furnishings industry year to date. The company’s efforts to redesign its supply chain network, rationalize product offerings and the Waterworks acquisition are expected to boost growth. Initiatives like RH Modern, RH Teen, RH Hospitality, the redesign of RH Interiors Source Book, the rollout of Design Ateliers across the company’s retail Galleries are expected to contribute to growth in 2017 and beyond. Though RH’s plans to rationalize product offering, reduce inventories and boost free cash flow will drive revenues and cash flow, it is expected to dent earnings in 2017. Also, higher dependence on imports makes it vulnerable to uncertain macro conditions.”
  • 7/17/2017 – Restoration Hardware Holdings is now covered by analysts at Bank of America Corporation. They set an “underperform” rating and a $54.00 price target on the stock.
  • 7/17/2017 – Restoration Hardware Holdings had its “sector weight” rating reaffirmed by analysts at KeyCorp.
  • 7/17/2017 – Restoration Hardware Holdings had its “buy” rating reaffirmed by analysts at Guggenheim. They now have a $75.00 price target on the stock, up previously from $60.00.
  • 7/16/2017 – Restoration Hardware Holdings was given a new $65.00 price target on by analysts at Barclays PLC. They now have a “hold” rating on the stock.
  • 7/14/2017 – Restoration Hardware Holdings was downgraded by analysts at KeyCorp to an “overweight” rating. They now have a $65.86 price target on the stock. They noted that the move was a valuation call. They noted that the move was a valuation call.
  • 7/14/2017 – Restoration Hardware Holdings had its price target raised by analysts at Telsey Advisory Group from $48.00 to $60.00. They now have a “market perform” rating on the stock.
  • 7/11/2017 – Restoration Hardware Holdings was downgraded by analysts at Zacks Investment Research from a “hold” rating to a “sell” rating. According to Zacks, “Although RH’s shares have outperformed the Zacks categorized Retail-Home Furnishings industry so far this year, estimates for the current year and next have moved down by 18.6% and 15.8%, respectively, over the last 60 days. RH has plans to rationalize product offering, reduce inventories and boost free cash flow that will drive revenues and cash flow in 2017. However, this is expected to dent earnings in 2017. Also, the uncertain macro environment raises concern given RH’s higher dependence on foreign manufacturing and imports. Notably, the company sourced approximately 88% of its merchandise from outside the U.S. in fiscal 2016.”

Shares of Restoration Hardware Holdings Inc. (RH) opened at 71.54 on Friday. The company has a 50 day moving average price of $57.05 and a 200-day moving average price of $51.34. Restoration Hardware Holdings Inc. has a 52-week low of $24.41 and a 52-week high of $79.91. The firm has a market cap of $2.37 billion, a P/E ratio of 187.28 and a beta of 1.53.

Restoration Hardware Holdings (NYSE:RH) last issued its earnings results on Wednesday, September 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.47 by $0.18. The firm had revenue of $615.30 million for the quarter, compared to the consensus estimate of $606.38 million. Restoration Hardware Holdings had a net margin of 0.66% and a return on equity of 6.42%. The business’s revenue was up 13.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.44 earnings per share. On average, analysts expect that Restoration Hardware Holdings Inc. will post $2.14 earnings per share for the current fiscal year.

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.

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