Restoration Hardware Holdings Inc. (NYSE:RH) saw some unusual options trading on Thursday. Stock traders bought 24,573 call options on the stock. This is an increase of 646% compared to the average daily volume of 3,294 call options.

Restoration Hardware Holdings (RH) opened at 70.65 on Friday. The firm’s 50-day moving average price is $56.88 and its 200 day moving average price is $51.47. The company has a market capitalization of $2.34 billion, a price-to-earnings ratio of 184.95 and a beta of 1.53. Restoration Hardware Holdings has a 12-month low of $24.41 and a 12-month high of $79.91.

Restoration Hardware Holdings (NYSE:RH) last posted its quarterly earnings data on Wednesday, September 6th. The company reported $0.65 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.18. The company had revenue of $615.30 million during the quarter, compared to analyst estimates of $606.38 million. The business’s revenue for the quarter was up 13.2% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.44 earnings per share. On average, analysts expect that Restoration Hardware Holdings will post $2.50 earnings per share for the current year.

RH has been the subject of several research reports. BidaskClub cut Restoration Hardware Holdings from a “sell” rating to a “strong sell” rating in a research note on Friday, August 25th. Deutsche Bank AG raised Restoration Hardware Holdings from a “hold” rating to a “buy” rating and lifted their target price for the company from $45.00 to $66.00 in a research note on Friday, June 23rd. Zacks Investment Research cut Restoration Hardware Holdings from a “hold” rating to a “sell” rating in a research note on Tuesday, July 11th. KeyCorp reissued an “overweight” rating and issued a $56.00 target price (down from $62.00) on shares of Restoration Hardware Holdings in a research note on Friday, June 2nd. Finally, Loop Capital reissued a “hold” rating on shares of Restoration Hardware Holdings in a research note on Saturday, June 3rd. Two investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have assigned a buy rating to the company’s stock. Restoration Hardware Holdings has a consensus rating of “Hold” and an average price target of $59.55.

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Flinton Capital Management LLC grew its holdings in Restoration Hardware Holdings by 41.4% during the 2nd quarter. Flinton Capital Management LLC now owns 1,584 shares of the company’s stock worth $102,000 after acquiring an additional 464 shares during the period. Riverhead Capital Management LLC grew its holdings in Restoration Hardware Holdings by 58.2% during the 2nd quarter. Riverhead Capital Management LLC now owns 1,898 shares of the company’s stock worth $122,000 after acquiring an additional 698 shares during the period. Public Employees Retirement System of Ohio grew its holdings in Restoration Hardware Holdings by 12.6% during the 1st quarter. Public Employees Retirement System of Ohio now owns 2,286 shares of the company’s stock worth $106,000 after acquiring an additional 255 shares during the period. Sei Investments Co. grew its holdings in Restoration Hardware Holdings by 36.7% during the 1st quarter. Sei Investments Co. now owns 2,720 shares of the company’s stock worth $126,000 after acquiring an additional 730 shares during the period. Finally, Ameritas Investment Partners Inc. acquired a new stake in Restoration Hardware Holdings during the 1st quarter worth about $155,000. Institutional investors and hedge funds own 95.53% of the company’s stock.

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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.

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