Published On: Thu, Sep 15th, 2016

Analysts’ Weekly Ratings Updates for Restoration Hardware Holdings (RH)

A number of firms have modified their ratings and price targets on shares of Restoration Hardware Holdings (NYSE: RH) recently:

9/9/2016 – Restoration Hardware Holdings had its price target raised by analysts at Telsey Advisory Group from $35.00 to $41.00. They now have a “market perform” rating on the stock.
9/9/2016 – Restoration Hardware Holdings had its “buy” rating reaffirmed by analysts at Nomura. They now have a $60.00 price target on the stock.
9/9/2016 – Restoration Hardware Holdings had its price target raised by analysts at Deutsche Bank AG from $28.00 to $40.00. They now have a “hold” rating on the stock.
9/9/2016 – Restoration Hardware Holdings had its price target raised by analysts at Goldman Sachs Group Inc. from $40.00 to $45.00. They now have a “buy” rating on the stock.
9/8/2016 – Restoration Hardware Holdings was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $36.50 price target on the stock.
9/1/2016 – Restoration Hardware Holdings had its price target raised by analysts at Telsey Advisory Group from $30.00 to $35.00. They now have a “market perform” rating on the stock.
8/31/2016 – Restoration Hardware Holdings was upgraded by analysts at Zacks Investment Research from a “sell” rating to a “hold” rating. According to Zacks, “Restoration Hardware Holdings, Inc. is a luxury brand in the home furnishings marketplace, offering product assortments across a number of categories, including furniture, lighting, textiles, bathware, d├ęcor, outdoor and garden, as well as baby and child products. The Company’s business is integrated across its multiple channels of distribution, consists of its stores, catalogs and Websites. Restoration Hardware Holdings, Inc. is based in Corte Madera, California. “
8/22/2016 – Restoration Hardware Holdings was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $34.06 price target on the stock.
8/18/2016 – Restoration Hardware Holdings was given a new $60.00 price target on by analysts at Nomura. They now have a “buy” rating on the stock.
8/18/2016 – Restoration Hardware Holdings was upgraded by analysts at Goldman Sachs Group Inc. from a “neutral” rating to a “buy” rating. They now have a $40.00 price target on the stock, up previously from $37.00.
8/16/2016 – Restoration Hardware Holdings was upgraded by analysts at Vetr from a “sell” rating to a “hold” rating. They now have a $31.09 price target on the stock.
8/15/2016 – Restoration Hardware Holdings was downgraded by analysts at Vetr from a “hold” rating to a “sell” rating. They now have a $29.91 price target on the stock.
8/10/2016 – Restoration Hardware Holdings had its “buy” rating reaffirmed by analysts at Nomura. They now have a $60.00 price target on the stock.
8/8/2016 – Restoration Hardware Holdings was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $30.40 price target on the stock.
8/4/2016 – Restoration Hardware Holdings was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $29.72 price target on the stock.
7/19/2016 – Restoration Hardware Holdings was downgraded by analysts at Vetr from a “buy” rating to a “hold” rating. They now have a $29.96 price target on the stock.
7/18/2016 – Restoration Hardware Holdings was upgraded by analysts at Vetr from a “hold” rating to a “buy” rating. They now have a $29.25 price target on the stock.

Restoration Hardware Holdings Inc. (NYSE:RH) traded down 1.24% during trading on Thursday, hitting $35.00. The stock had a trading volume of 921,527 shares. Restoration Hardware Holdings Inc. has a 12 month low of $24.75 and a 12 month high of $106.49. The stock has a market cap of $1.42 billion, a price-to-earnings ratio of 30.43 and a beta of 1.43. The stock has a 50 day moving average price of $32.39 and a 200-day moving average price of $34.67.
Restoration Hardware Holdings (NYSE:RH) last issued its quarterly earnings results on Thursday, September 8th. The company reported $0.44 EPS for the quarter, topping the Zacks’ consensus estimate of $0.29 by $0.15. The company earned $543.40 million during the quarter, compared to analysts’ expectations of $511.80 million. Restoration Hardware Holdings had a return on equity of 9.47% and a net margin of 2.18%. The firm’s revenue was up 7.2% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.85 EPS. On average, equities analysts predict that Restoration Hardware Holdings Inc. will post $1.65 EPS for the current year.

This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/15/analysts-weekly-ratings-updates-for-restoration-hardware-holdings-rh.html

In related news, CEO Gary G. Friedman bought 32,918 shares of the stock in a transaction dated Friday, July 15th. The shares were acquired at an average cost of $27.59 per share, for a total transaction of $908,207.62. Following the acquisition, the chief executive officer now directly owns 2,207,451 shares in the company, valued at approximately $60,903,573.09. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, Director Keith Belling bought 4,000 shares of the stock in a transaction dated Tuesday, June 28th. The shares were bought at an average price of $25.37 per share, for a total transaction of $101,480.00. Following the completion of the acquisition, the director now owns 18,608 shares in the company, valued at $472,084.96. The disclosure for this purchase can be found here. 16.40% of the stock is owned by corporate insiders.
Restoration Hardware Holdings, Inc (RH) is a luxury retailer in the home furnishings marketplace. The Company offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings. RH classifies its sales into furniture, including both indoor and outdoor furniture, and non-furniture, including lighting, textiles, accessories and home decor, product lines.

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.

Leave a comment

XHTML: You can use these html tags: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>