Restoration Hardware Holdings Inc. (NYSE:RH) – Investment analysts at Oppenheimer upped their Q4 2018 earnings per share (EPS) estimates for shares of Restoration Hardware in a report issued on Monday. Oppenheimer analyst B. Nagel now expects that the company will post earnings of $1.52 per share for the quarter, up from their prior estimate of $1.38. Oppenheimer currently has a “Hold” rating on the stock.

Restoration Hardware (NYSE:RH) last released its quarterly earnings data on Tuesday, December 5th. The company reported $1.04 earnings per share for the quarter, meeting the consensus estimate of $1.04. The business 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 company’s revenue was up 7.9% compared to the same quarter last year. During the same period in the previous year, the company posted $0.20 EPS.

Other equities analysts have also issued reports about the company. Zacks Investment Research lowered Restoration Hardware from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 16th. Telsey Advisory Group reaffirmed a “market perform” rating on shares of Restoration Hardware in a research note on Thursday, November 16th. Piper Jaffray Companies lifted their price objective on Restoration Hardware from $43.00 to $71.00 and gave the company a “neutral” rating in a research note on Thursday, September 7th. Stifel Nicolaus reduced their price objective on Restoration Hardware from $100.00 to $75.00 and set a “hold” rating on the stock in a research note on Wednesday, December 6th. Finally, Robert W. Baird set a $60.00 price objective on Restoration Hardware and gave the company a “hold” rating in a research note on Friday, October 13th. Three equities research analysts have rated the stock with a sell rating, thirteen have given a hold rating, five have assigned a buy rating and one has given a strong buy rating to the company. Restoration Hardware presently has a consensus rating of “Hold” and a consensus price target of $79.07.

Restoration Hardware (NYSE:RH) traded up $3.96 during midday trading on Wednesday, hitting $100.84. The stock had a trading volume of 1,203,926 shares, compared to its average volume of 1,966,445. The firm has a market cap of $2,197.27, a price-to-earnings ratio of 42.61, a P/E/G ratio of 1.02 and a beta of 1.71. Restoration Hardware has a fifty-two week low of $24.41 and a fifty-two week high of $109.53. The company has a quick ratio of 0.28, a current ratio of 1.47 and a debt-to-equity ratio of -48.40.

In other Restoration Hardware news, CEO Gary G. Friedman bought 14,000 shares of the business’s stock in a transaction on Thursday, September 14th. The shares were bought at an average cost of $70.94 per share, with a total value of $993,160.00. Following the transaction, the chief executive officer now directly owns 2,212,051 shares in the company, valued at approximately $156,922,897.94. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Gary G. Friedman bought 10,300 shares of the business’s stock in a transaction on Tuesday, December 12th. The stock was acquired at an average cost of $97.09 per share, for a total transaction of $1,000,027.00. Following the completion of the transaction, the chief executive officer now owns 2,245,710 shares in the company, valued at $218,035,983.90. The disclosure for this purchase can be found here. Insiders have purchased a total of 38,259 shares of company stock worth $2,993,210 over the last three months. 18.80% of the stock is currently owned by corporate insiders.

Several institutional investors and hedge funds have recently made changes to their positions in the business. Cornerstone Capital Management Holdings LLC. acquired a new position in shares of Restoration Hardware in the 3rd quarter valued at approximately $274,000. Flinton Capital Management LLC raised its position in shares of Restoration Hardware by 41.4% in the 2nd quarter. Flinton Capital Management LLC now owns 1,584 shares of the company’s stock valued at $102,000 after purchasing an additional 464 shares in the last quarter. Riverhead Capital Management LLC raised its position in shares of Restoration Hardware by 58.2% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,898 shares of the company’s stock valued at $122,000 after purchasing an additional 698 shares in the last quarter. Finally, Public Employees Retirement System of Ohio raised its position in shares of Restoration Hardware by 12.6% in the 1st quarter. Public Employees Retirement System of Ohio now owns 2,286 shares of the company’s stock valued at $106,000 after purchasing an additional 255 shares in the last quarter. 95.71% of the stock is currently owned by institutional investors.

COPYRIGHT VIOLATION NOTICE: “Q4 2018 EPS Estimates for Restoration Hardware Holdings Inc. Increased by Oppenheimer (RH)” was reported by American Banking News and is the sole property of of American Banking News. If you are accessing this piece of content on another site, it was illegally stolen and reposted in violation of US & international trademark & copyright laws. The original version of this piece of content can be read at https://www.americanbankingnews.com/2017/12/13/q4-2018-eps-estimates-for-restoration-hardware-holdings-inc-increased-by-oppenheimer-rh.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.

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

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