Telsey Advisory Group reaffirmed a "market perform" rating on shares of Restoration Hardware in a report on Thursday, November 16th. The business's revenue was up 7.9% on a year-over-year basis. analysts anticipate that Restoration Hardware will post 2.9 earnings per share for the current fiscal year.
Equity research analysts at Moffett Nathanson has started coverage Restoration Hardware Holdings (NYSE:RH) shares in a research report published on 4 December, IR.net reports. The company reported $1.04 EPS for the quarter, hitting the Zacks' consensus estimate of $1.04. The business had revenue of $615.30 million during the quarter, compared to analyst estimates of $606.38 million. During the same quarter a year ago, the business earned $0.20 EPS. The business's revenue for the quarter was up 7.9% compared to the same quarter previous year. Three research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the company. Citigroup upgraded shares of Restoration Hardware from a neutral rating to a buy rating in a research report on Thursday, November 16th. Buckingham Research reiterated a buy rating on shares of Restoration Hardware in a research note on Wednesday, November 15th. The firm earned "Buy" rating on Friday, June 23 by Deutsche Bank. The stock has "Hold" rating by Loop Capital on Tuesday, June 20. Phocas Fincl holds 0% of its portfolio in RH (NYSE:RH) for 200 shares. Restoration Hardware has a fifty-two week low of $24.41 and a fifty-two week high of $107.48. The company has a market capitalization of $2,165.75, a P/E ratio of 65.22, a price-to-earnings-growth ratio of 1.21 and a beta of 1.71. 1 funds opened positions while 0 raised stakes. The stock was bought at an average price of $70.94 per share, with a total value of $993,160.00. Following the transaction, the chief executive officer now directly owns 2,212,051 shares in the company, valued at $156,922,897.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.
In other Restoration Hardware news, CEO Gary G. Friedman purchased 13,959 shares of Restoration Hardware stock in a transaction that occurred on Tuesday, September 26th. The shares were acquired at an average price of $71.64 per share, with a total value of $1,000,022.76. Following the transaction, the chief executive officer now owns 2,235,410 shares of the company's stock, valued at approximately $160,144,772.40. The disclosure for this purchase can be found here. Institutional investors own 95.71% of the company's stock. Restoration Hardware Holdings had 90 analyst reports since July 31, 2015 according to SRatingsIntel.
The stock increased 0.41% or $0.42 during the last trading session, reaching $102.39. Cornerstone Capital Management Holdings LLC. purchased a new position in Restoration Hardware during the 3rd quarter valued at about $274,000. Riverhead Capital Management LLC now owns 1,898 shares of the company's stock valued at $122,000 after acquiring an additional 698 shares during the period. Public Employees Retirement System of OH boosted its stake in Restoration Hardware by 12.6% in the 1st quarter. Public Employees Retirement System of OH now owns 2,286 shares of the company's stock valued at $106,000 after buying an additional 255 shares in the last quarter. Finally, Teachers Retirement System of The State of Kentucky grew its stake in shares of Restoration Hardware by 24.3% during the 1st quarter. Corporate insiders own 18.80% of the company's stock.
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RH, formerly Restoration Hardware Holdings, Inc, is a retailer in the home furnishings marketplace.