Restoration Hardware Holdings, Inc (NYSE:RH) Receives Consensus Recommendation of “Hold” from Brokerages

Restoration Hardware Holdings, Inc (NYSE:RH) has been assigned a consensus rating of “Hold” from the twenty-one brokerages that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell rating, eleven have assigned a hold rating and seven have issued a buy rating on the company. The average 1-year target price among brokers that have issued a report on the stock in the last year is $138.03.

A number of brokerages have weighed in on RH. ValuEngine downgraded shares of Zumiez from a “hold” rating to a “sell” rating in a report on Monday, May 13th. Goldman Sachs Group raised shares of Altria Group from a “neutral” rating to a “buy” rating and set a $59.00 price target for the company in a report on Thursday. Raymond James began coverage on shares of Tradeweb Markets in a report on Monday, June 17th. They issued a “market perform” rating and a $41.82 price target for the company. Citigroup cut their price target on shares of GrafTech International from $21.00 to $17.00 and set a “buy” rating for the company in a report on Monday, April 1st. Finally, Cowen reissued a “buy” rating on shares of G1 Therapeutics in a report on Tuesday, June 18th.

NYSE RH traded up $1.27 on Tuesday, reaching $122.25. The company’s stock had a trading volume of 498,085 shares, compared to its average volume of 814,890. Restoration Hardware has a twelve month low of $84.11 and a twelve month high of $162.10. The company has a current ratio of 0.81, a quick ratio of 0.29 and a debt-to-equity ratio of 26.22. The company has a market capitalization of $2.25 billion, a PE ratio of 14.17, a PEG ratio of 1.43 and a beta of 1.78. The business has a 50 day moving average price of $105.56.

Restoration Hardware (NYSE:RH) last issued its quarterly earnings results on Wednesday, June 12th. The company reported $1.85 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.54 by $0.31. Restoration Hardware had a net margin of 6.22% and a negative return on equity of 979.13%. The company had revenue of $598.42 million during the quarter, compared to the consensus estimate of $583.69 million. During the same period in the prior year, the company earned $1.33 EPS. Restoration Hardware’s revenue was up 7.4% on a year-over-year basis. As a group, sell-side analysts anticipate that Restoration Hardware will post 9.04 EPS for the current fiscal year.

A hedge fund recently raised its stake in Restoration Hardware stock. Mason Street Advisors LLC boosted its stake in shares of Restoration Hardware Holdings, Inc (NYSE:RH) by 3.4% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 5,996 shares of the company’s stock after buying an additional 198 shares during the period. Mason Street Advisors LLC’s holdings in Restoration Hardware were worth $617,000 at the end of the most recent reporting period.

About Restoration Hardware

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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