Restoration Hardware Holdings, Inc (NYSE:RH) Receives $225.88 Consensus Price Target from Analysts

Shares of Restoration Hardware Holdings, Inc (NYSE:RH) have received a consensus recommendation of “Buy” from the nineteen ratings firms that are currently covering the company, Marketbeat Ratings reports. Eight research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is $225.88.

A number of analysts recently issued reports on the stock. ValuEngine raised shares of Restoration Hardware from a “sell” rating to a “hold” rating in a research report on Thursday, April 9th. JPMorgan Chase & Co. increased their target price on shares of Restoration Hardware from $135.00 to $270.00 and gave the stock an “overweight” rating in a research report on Tuesday, June 2nd. Goldman Sachs Group increased their target price on shares of Restoration Hardware from $120.00 to $232.00 and gave the stock a “neutral” rating in a research report on Tuesday, June 16th. Telsey Advisory Group increased their target price on shares of Restoration Hardware from $110.00 to $255.00 and gave the stock a “market perform” rating in a research report on Wednesday, June 3rd. Finally, Cowen dropped their target price on shares of Restoration Hardware from $238.00 to $110.00 in a research report on Tuesday, March 31st.

An institutional investor recently bought a new position in Restoration Hardware stock. Archer Investment Corp bought a new stake in Restoration Hardware Holdings, Inc (NYSE:RH) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 156 shares of the company’s stock, valued at approximately $33,000.

NYSE:RH traded down $1.30 on Tuesday, reaching $252.94. The stock had a trading volume of 540,800 shares, compared to its average volume of 1,325,442. The company has a market cap of $4.80 billion, a price-to-earnings ratio of 33.64, a P/E/G ratio of 2.41 and a beta of 2.52. Restoration Hardware has a 12-month low of $73.14 and a 12-month high of $265.87. The company has a debt-to-equity ratio of 73.90, a current ratio of 0.65 and a quick ratio of 0.14. The firm’s fifty day moving average is $220.11 and its two-hundred day moving average is $187.87.

Restoration Hardware (NYSE:RH) last announced its quarterly earnings data on Thursday, June 4th. The company reported $1.27 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.32 by $0.95. The business had revenue of $482.90 million for the quarter, compared to analyst estimates of $481.52 million. Restoration Hardware had a net margin of 7.17% and a negative return on equity of 507.50%. The company’s revenue was down 19.2% on a year-over-year basis. During the same period in the prior year, the firm posted $1.85 EPS. As a group, research analysts forecast that Restoration Hardware will post 11.45 earnings per share for the current fiscal 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, d├ęcor, 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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