Restoration Hardware Holdings, Inc (NYSE:RH) – Research analysts at KeyCorp raised their Q2 2020 earnings per share (EPS) estimates for shares of Restoration Hardware in a report issued on Wednesday, June 12th. KeyCorp analyst B. Thomas now expects that the company will earn $2.40 per share for the quarter, up from their previous forecast of $2.21. KeyCorp also issued estimates for Restoration Hardware’s Q3 2020 earnings at $1.82 EPS and Q4 2020 earnings at $3.12 EPS.
A number of other equities analysts also recently commented on RH. Zacks Investment Research upgraded Restoration Hardware from a “hold” rating to a “buy” rating and set a $161.00 price objective on the stock in a report on Monday, February 18th. Wedbush restated an “outperform” rating and issued a $160.00 price objective on shares of Restoration Hardware in a report on Monday, March 18th. Evercore ISI initiated coverage on Restoration Hardware in a report on Wednesday, March 20th. They issued an “in-line” rating and a $145.00 price objective on the stock. Wells Fargo & Co restated a “buy” rating and issued a $175.00 price objective on shares of Restoration Hardware in a report on Thursday, March 21st. Finally, Deutsche Bank downgraded Restoration Hardware from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $185.00 to $124.00 in a report on Friday, March 29th. Three research analysts have rated the stock with a sell rating, eight have issued a hold rating and eight have assigned a buy rating to the company’s stock. Restoration Hardware presently has a consensus rating of “Hold” and an average target price of $137.16.
NYSE:RH opened at $109.91 on Friday. Restoration Hardware has a 52 week low of $84.11 and a 52 week high of $162.10. The company has a market capitalization of $1.74 billion, a P/E ratio of 12.87, a PEG ratio of 0.91 and a beta of 1.64. The company has a debt-to-equity ratio of 26.22, a quick ratio of 0.16 and a current ratio of 0.74.
Restoration Hardware (NYSE:RH) last released its quarterly earnings data on Wednesday, June 12th. The company reported $1.85 EPS for the quarter, topping analysts’ consensus estimates of $1.54 by $0.31. Restoration Hardware had a return on equity of 436.75% and a net margin of 6.22%. The firm had revenue of $598.42 million for the quarter, compared to the consensus estimate of $583.69 million. During the same quarter in the prior year, the company posted $1.33 earnings per share. The firm’s revenue was up 7.4% on a year-over-year basis.
An institutional investor recently bought a new position in Restoration Hardware stock. Hodges Capital Management Inc. purchased a new stake in shares of Restoration Hardware Holdings, Inc (NYSE:RH) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 3,807 shares of the company’s stock, valued at approximately $456,000.
Restoration Hardware Company Profile
RH, together with its subsidiaries, operates as a retailer in the home furnishings. It offers products in various categories, including furniture, lighting, textiles, bathware, décor, outdoor and garden, tableware, and child and teen furnishings. The company provides its products through its retail galleries; and Source Books, a series of catalogs, as well as online through rh.com, restorationhardware.com, rhbabyandchild.com, rhteen.com, and rhmodern.com, as well as waterworks.com.
See Also: Why is cost of goods sold important?
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.