Restoration Hardware (NYSE: RH) recently received a number of ratings updates from brokerages and research firms:

  • 11/26/2017 – Restoration Hardware was upgraded by analysts at Citigroup Inc. to a “buy” rating.
  • 11/22/2017 – Restoration Hardware had its “hold” rating reaffirmed by analysts at Cowen Inc. They now have a $115.00 price target on the stock.
  • 11/20/2017 – Restoration Hardware had its price target raised by analysts at Bank of America Corp from $50.00 to $60.00. They now have an “underperform” rating on the stock.
  • 11/20/2017 – Restoration Hardware was upgraded by analysts at Zacks Investment Research from a “hold” rating to a “buy” rating. They now have a $117.00 price target on the stock. According to Zacks, “RH’s shares have gained over 100% year to date, compared to the its industry’s 2.4% growth. 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 and the rollout of Design Ateliers across the company’s retail galleries are expected to drive growth in 2017 and beyond. However, incremental outlet activity dented overall gross margins by approximately 330 basis points in the first half. Also, higher dependence on imports makes it vulnerable to uncertain macro conditions.”
  • 11/17/2017 – Restoration Hardware had its price target raised by analysts at Loop Capital to $101.00. They now have a “hold” rating on the stock.
  • 11/16/2017 – Restoration Hardware had its “market perform” rating reaffirmed by analysts at Telsey Advisory Group.
  • 11/16/2017 – Restoration Hardware had its “hold” rating reaffirmed by analysts at Oppenheimer Holdings Inc..
  • 11/16/2017 – Restoration Hardware was upgraded by analysts at Citigroup Inc. from a “neutral” rating to a “buy” rating.
  • 11/15/2017 – Restoration Hardware was downgraded by analysts at Zacks Investment Research from a “buy” rating to a “hold” rating. According to Zacks, “RH’s shares have gained over 100% year to date, compared to the its industry’s 1.8% growth. 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 and the rollout of Design Ateliers across the company’s retail galleries are expected to drive growth in 2017 and beyond. However, incremental outlet activity dented overall gross margins by approximately 330 basis points in the first half. Also, higher dependence on imports makes it vulnerable to uncertain macro conditions.”
  • 11/15/2017 – Restoration Hardware had its “buy” rating reaffirmed by analysts at Buckingham Research.
  • 11/14/2017 – Restoration Hardware had its price target raised by analysts at Deutsche Bank AG from $100.00 to $100.00. They now have a “buy” rating on the stock.
  • 10/13/2017 – Restoration Hardware was given a new $60.00 price target on by analysts at Robert W. Baird. They now have a “hold” rating on the stock.
  • 10/12/2017 – Restoration Hardware is now covered by analysts at Stifel Nicolaus. They set a “hold” rating and a $75.00 price target on the stock.
  • 10/11/2017 – Restoration Hardware had its price target raised by analysts at Loop Capital from $55.00 to $65.00. They now have a “hold” rating on the stock.

Restoration Hardware Holdings Inc. (NYSE:RH) opened at $101.97 on Monday. The stock has a market capitalization of $2,156.87, a price-to-earnings ratio of 64.95, a price-to-earnings-growth ratio of 1.22 and a beta of 1.71. Restoration Hardware Holdings Inc. has a twelve month low of $24.41 and a twelve month high of $107.48. The company has a debt-to-equity ratio of -26.72, a quick ratio of 0.27 and a current ratio of 1.50.

Restoration Hardware (NYSE:RH) last issued its quarterly earnings data on Wednesday, September 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.47 by $0.18. The company had revenue of $615.30 million for the quarter, compared to the consensus estimate of $606.38 million. During the same period in the previous year, the business posted $0.44 earnings per share. The firm’s revenue was up 13.2% compared to the same quarter last year. equities research analysts anticipate that Restoration Hardware Holdings Inc. will post 2.9 EPS for the current year.

In other Restoration Hardware news, CEO Gary G. Friedman purchased 13,959 shares of the business’s stock in a transaction that occurred on Tuesday, September 26th. The stock was acquired at an average cost 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 approximately $160,144,772.40. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Gary G. Friedman purchased 14,000 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The stock was acquired at an average cost of $70.94 per share, with a total value 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 disclosure for this purchase can be found here. Insiders own 18.80% of the company’s stock.

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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