Restoration Hardware Holdings Inc. (NYSE:RH) – Stock analysts at KeyCorp increased their FY2018 earnings estimates for Restoration Hardware Holdings in a research note issued to investors on Wednesday. KeyCorp analyst B. Thomas now anticipates that the company will post earnings of $2.60 per share for the year, up from their prior estimate of $2.30. KeyCorp has a “Sector Weight” rating on the stock.

Several other equities analysts have also weighed in on RH. Wolfe Research raised their price objective on shares of Restoration Hardware Holdings from $40.00 to $50.00 and gave the company a “peer perform” rating in a research report on Friday, May 12th. Deutsche Bank AG raised their price objective on shares of Restoration Hardware Holdings from $40.00 to $50.00 and gave the company a “hold” rating in a research report on Friday, May 12th. Bank of America Corporation restated a “buy” rating and set a $64.00 price objective (up previously from $48.00) on shares of Restoration Hardware Holdings in a research report on Monday, May 15th. Buckingham Research upgraded shares of Restoration Hardware Holdings from an “underperform” rating to a “neutral” rating in a research report on Monday, May 15th. Finally, Goldman Sachs Group, Inc. (The) restated a “neutral” rating and set a $44.00 price objective (down previously from $50.00) on shares of Restoration Hardware Holdings in a research report on Saturday, June 3rd. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and six have issued a buy rating to the company’s stock. Restoration Hardware Holdings presently has a consensus rating of “Hold” and a consensus target price of $59.02.

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Shares of Restoration Hardware Holdings (RH) traded up 2.78% during mid-day trading on Friday, hitting $73.53. 2,164,348 shares of the company’s stock traded hands. The stock has a 50 day moving average price of $57.05 and a 200-day moving average price of $51.34. Restoration Hardware Holdings has a 1-year low of $24.41 and a 1-year high of $79.91. The stock has a market cap of $2.44 billion, a P/E ratio of 192.49 and a beta of 1.53. Restoration Hardware Holdings also saw some unusual options trading activity on Thursday. Traders acquired 15,757 put options on the stock. This represents an increase of approximately 342% compared to the typical volume of 3,563 put options.

Restoration Hardware Holdings (NYSE:RH) last announced its quarterly earnings results on Wednesday, September 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.18. The business had revenue of $615.30 million during the quarter, compared to analysts’ expectations of $606.38 million. During the same period last year, the company earned $0.44 EPS. The firm’s revenue for the quarter was up 13.2% on a year-over-year basis.

Several hedge funds and other institutional investors have recently bought and sold shares of RH. BlackRock Inc. lifted 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 purchasing an additional 4,655,842 shares in the last quarter. Vanguard Group Inc. lifted 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 purchasing an additional 423,925 shares in the last quarter. Credit Suisse AG purchased a new stake in shares of Restoration Hardware Holdings in the first quarter worth approximately $15,995,000. Ameriprise Financial Inc. lifted 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 purchasing an additional 343,334 shares in the last quarter. Finally, Chescapmanager LLC purchased a new stake in shares of Restoration Hardware Holdings in the first quarter worth approximately $13,230,000. 95.53% of the stock is owned by institutional investors and hedge funds.

Restoration Hardware Holdings Company Profile

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.

Earnings History and Estimates for Restoration Hardware Holdings (NYSE:RH)

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