Brokerages Set Restoration Hardware Holdings, Inc (RH) PT at $150.06

Shares of Restoration Hardware Holdings, Inc (NYSE:RH) have received an average rating of “Hold” from the twenty-two brokerages that are covering the stock, MarketBeat Ratings reports. One analyst has rated the stock with a sell rating, twelve have assigned a hold rating and eight have assigned a buy rating to the company. The average 12-month price target among brokers that have issued a report on the stock in the last year is $150.06.

Several research firms have weighed in on RH. Zacks Investment Research cut Restoration Hardware from a “buy” rating to a “hold” rating in a research note on Monday, April 1st. Stifel Nicolaus cut their target price on Restoration Hardware from $180.00 to $145.00 and set a “buy” rating for the company in a research note on Friday, March 29th. Bank of America restated an “underperform” rating and set a $85.00 target price on shares of Restoration Hardware in a research note on Friday, March 29th. Deutsche Bank cut Restoration Hardware from a “buy” rating to a “hold” rating and cut their target price for the stock from $185.00 to $124.00 in a research note on Friday, March 29th. Finally, Loop Capital cut their target price on Restoration Hardware to $140.00 and set a “buy” rating for the company in a research note on Friday, March 29th. They noted that the move was a valuation call.

An institutional investor recently bought a new position in Restoration Hardware stock. Hodges Capital Management Inc. purchased a new stake in Restoration Hardware Holdings, Inc (NYSE:RH) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 3,807 shares of the company’s stock, valued at approximately $456,000.

Shares of RH stock traded down $1.19 during trading on Thursday, hitting $105.92. The company had a trading volume of 613,963 shares, compared to its average volume of 2,273,940. The company has a current ratio of 0.74, a quick ratio of 0.16 and a debt-to-equity ratio of 26.22. The stock has a market cap of $2.17 billion, a P/E ratio of 13.06, a price-to-earnings-growth ratio of 1.01 and a beta of 1.54. Restoration Hardware has a one year low of $87.14 and a one year high of $164.49.

Restoration Hardware (NYSE:RH) last issued its quarterly earnings results on Thursday, March 28th. The company reported $3.00 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.83 by $0.17. Restoration Hardware had a return on equity of 522.94% and a net margin of 6.01%. The business had revenue of $671.00 million during the quarter, compared to analysts’ expectations of $686.44 million. During the same period in the previous year, the company posted $1.69 earnings per share. The firm’s revenue for the quarter was up .1% compared to the same quarter last year. Analysts forecast that Restoration Hardware will post 8.39 EPS for the current year.

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.

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Analyst Recommendations for Restoration Hardware (NYSE:RH)

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