Analysts at Stifel Nicolaus initiated coverage on shares of Restoration Hardware Holdings Inc. (NYSE:RH) in a note issued to investors on Thursday, The Fly reports. The firm set a “hold” rating on the stock.

A number of other analysts have also recently issued reports on the company. Loop Capital boosted their price objective on Restoration Hardware Holdings from $55.00 to $65.00 and gave the company a “hold” rating in a research report on Wednesday. Guggenheim restated a “buy” rating and set a $95.00 price objective (up from $75.00) on shares of Restoration Hardware Holdings in a research report on Wednesday, October 4th. Deutsche Bank AG upgraded Restoration Hardware Holdings from a “hold” rating to a “buy” rating and boosted their price objective for the company from $80.00 to $84.00 in a research report on Tuesday, September 26th. Piper Jaffray Companies boosted their price objective on Restoration Hardware Holdings from $43.00 to $71.00 and gave the company a “neutral” rating in a research report on Thursday, September 7th. Finally, Cowen and Company restated a “market perform” rating and set a $61.00 price objective (up from $44.00) on shares of Restoration Hardware Holdings in a research report on Thursday, September 7th. Two equities research analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and seven have issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $61.33.

Restoration Hardware Holdings (NYSE RH) traded down 0.06% during mid-day trading on Thursday, hitting $77.20. 1,389,196 shares of the stock were exchanged. Restoration Hardware Holdings has a one year low of $24.41 and a one year high of $79.91. The company has a market cap of $1.63 billion, a P/E ratio of 4063.16 and a beta of 1.62. The company has a 50-day moving average price of $65.17 and a 200-day moving average price of $58.20.

Restoration Hardware Holdings (NYSE:RH) last released its quarterly earnings data on Wednesday, September 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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. The business’s revenue for the quarter 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 predict that Restoration Hardware Holdings will post $2.60 earnings per share for the current fiscal year.

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In other Restoration Hardware Holdings news, CEO Gary G. Friedman purchased 14,000 shares of the stock in a transaction on Thursday, September 14th. The stock was bought at an average cost of $70.94 per share, for a total transaction of $993,160.00. Following the completion of the acquisition, the chief executive officer now directly owns 2,212,051 shares of the company’s stock, valued at $156,922,897.94. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Gary G. Friedman purchased 13,959 shares of the stock in a transaction on Tuesday, September 26th. The stock was acquired at an average price of $71.64 per share, with a total value of $1,000,022.76. Following the completion of the acquisition, the chief executive officer now directly owns 2,235,410 shares of the company’s stock, valued at $160,144,772.40. The disclosure for this purchase can be found here. 18.80% of the stock is owned by corporate insiders.

Large investors have recently bought and sold shares of the stock. Flinton Capital Management LLC grew its holdings in shares of Restoration Hardware Holdings by 41.4% during the second quarter. Flinton Capital Management LLC now owns 1,584 shares of the company’s stock worth $102,000 after buying an additional 464 shares in the last quarter. Public Employees Retirement System of Ohio grew its holdings in shares of Restoration Hardware Holdings by 12.6% during the first quarter. Public Employees Retirement System of Ohio now owns 2,286 shares of the company’s stock worth $106,000 after buying an additional 255 shares in the last quarter. Riverhead Capital Management LLC grew its holdings in shares of Restoration Hardware Holdings by 58.2% during the second quarter. Riverhead Capital Management LLC now owns 1,898 shares of the company’s stock worth $122,000 after buying an additional 698 shares in the last quarter. Sei Investments Co. grew its holdings in shares of Restoration Hardware Holdings by 36.7% during the first quarter. Sei Investments Co. now owns 2,720 shares of the company’s stock worth $126,000 after buying an additional 730 shares in the last quarter. Finally, Advisory Services Network LLC grew its holdings in shares of Restoration Hardware Holdings by 7.6% during the third quarter. Advisory Services Network LLC now owns 4,250 shares of the company’s stock worth $147,000 after buying an additional 300 shares in the last quarter. Institutional investors and hedge funds own 95.71% of the company’s stock.

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.

The Fly

Analyst Recommendations for Restoration Hardware Holdings (NYSE:RH)

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