Shares of Restoration Hardware Holdings Inc. (NYSE:RH) have been assigned an average rating of “Hold” from the twenty-four analysts that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, thirteen have issued a hold recommendation, five have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $80.16.

A number of research firms recently commented on RH. Zacks Investment Research raised Restoration Hardware from a “hold” rating to a “strong-buy” rating and set a $120.00 price objective on the stock in a research note on Friday. Loop Capital lifted their target price on Restoration Hardware to $101.00 and gave the stock a “hold” rating in a report on Friday, November 17th. Barclays lifted their target price on Restoration Hardware from $65.00 to $120.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 6th. Citigroup lifted their target price on Restoration Hardware from $1.37 to $135.00 and gave the stock a “buy” rating in a report on Wednesday, December 6th. Finally, Stifel Nicolaus lowered their target price on Restoration Hardware from $100.00 to $75.00 and set a “hold” rating for the company in a report on Wednesday, December 6th.

Restoration Hardware (RH) traded down $1.95 during trading on Monday, hitting $103.11. The company had a trading volume of 928,200 shares, compared to its average volume of 1,972,846. The company has a debt-to-equity ratio of -48.40, a quick ratio of 0.28 and a current ratio of 1.47. The firm has a market capitalization of $2,190.00, a price-to-earnings ratio of 43.41, a P/E/G ratio of 1.05 and a beta of 1.70. Restoration Hardware has a one year low of $24.41 and a one year high of $109.53.

Restoration Hardware (NYSE:RH) last posted its quarterly earnings data on Tuesday, December 5th. The company reported $1.04 EPS for the quarter, hitting the Zacks’ consensus estimate of $1.04. The company had revenue of $592.50 million for the quarter, compared to analyst estimates of $592.46 million. Restoration Hardware had a return on equity of 20.04% and a net margin of 0.45%. The firm’s quarterly revenue was up 7.9% on a year-over-year basis. During the same period in the previous year, the firm earned $0.20 earnings per share. analysts predict that Restoration Hardware will post 2.92 EPS for the current year.

In other news, CEO Gary G. Friedman acquired 13,959 shares of the firm’s stock in a transaction dated Tuesday, September 26th. The stock was purchased at an average price of $71.64 per share, for a total transaction of $1,000,022.76. Following the completion of the acquisition, the chief executive officer now directly owns 2,235,410 shares in the company, valued at approximately $160,144,772.40. The purchase was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Gary G. Friedman acquired 14,000 shares of the firm’s stock in a transaction dated Thursday, September 14th. The shares were purchased at an average price of $70.94 per share, with a total value of $993,160.00. Following the acquisition, the chief executive officer now 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.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in RH. Public Employees Retirement System of Ohio boosted its position in shares of Restoration Hardware by 12.6% during the first quarter. Public Employees Retirement System of Ohio now owns 2,286 shares of the company’s stock valued at $106,000 after buying an additional 255 shares during the last quarter. Riverhead Capital Management LLC boosted its position in shares of Restoration Hardware by 58.2% during the second quarter. Riverhead Capital Management LLC now owns 1,898 shares of the company’s stock valued at $122,000 after buying an additional 698 shares during the last quarter. Flinton Capital Management LLC boosted its position in shares of Restoration Hardware by 41.4% during the second quarter. Flinton Capital Management LLC now owns 1,584 shares of the company’s stock valued at $102,000 after buying an additional 464 shares during the last quarter. Finally, Cornerstone Capital Management Holdings LLC. purchased a new position in shares of Restoration Hardware during the third quarter valued at approximately $274,000. Hedge funds and other institutional investors own 95.71% of the company’s stock.

ILLEGAL ACTIVITY WARNING: This article was first published by American Banking News and is the sole property of of American Banking News. If you are viewing this article on another site, it was illegally copied and reposted in violation of U.S. & international copyright & trademark laws. The original version of this article can be viewed at https://www.americanbankingnews.com/2017/12/11/restoration-hardware-holdings-inc-rh-receives-consensus-recommendation-of-hold-from-brokerages.html.

Restoration Hardware 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.

Analyst Recommendations for Restoration Hardware (NYSE:RH)

Receive News & Ratings for Restoration Hardware Holdings Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restoration Hardware Holdings Inc. and related companies with MarketBeat.com's FREE daily email newsletter.