Brokerages Expect Restoration Hardware Holdings, Inc common stock (RH) to Announce $1.26 Earnings Per Share

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Wall Street analysts expect Restoration Hardware Holdings, Inc common stock (NYSE:RH) to announce earnings per share (EPS) of $1.26 for the current fiscal quarter, Zacks Investment Research reports. Seven analysts have issued estimates for Restoration Hardware Holdings, Inc common stock’s earnings. The lowest EPS estimate is $1.20 and the highest is $1.30. Restoration Hardware Holdings, Inc common stock posted earnings of $1.04 per share during the same quarter last year, which suggests a positive year-over-year growth rate of 21.2%. The firm is expected to issue its next quarterly earnings results on Tuesday, December 4th.

According to Zacks, analysts expect that Restoration Hardware Holdings, Inc common stock will report full-year earnings of $7.62 per share for the current financial year, with EPS estimates ranging from $7.52 to $7.70. For the next financial year, analysts anticipate that the firm will report earnings of $8.11 per share, with EPS estimates ranging from $6.64 to $8.85. Zacks Investment Research’s earnings per share calculations are a mean average based on a survey of analysts that follow Restoration Hardware Holdings, Inc common stock.

Restoration Hardware Holdings, Inc common stock (NYSE:RH) last issued its quarterly earnings results on Tuesday, September 4th. The company reported $2.05 EPS for the quarter, beating the Zacks’ consensus estimate of $1.75 by $0.30. The business had revenue of $642.00 million for the quarter, compared to analysts’ expectations of $660.89 million. Restoration Hardware Holdings, Inc common stock had a net margin of 4.29% and a return on equity of 520.85%. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.65 earnings per share.

A number of analysts have commented on the stock. Citigroup upped their price target on shares of Restoration Hardware Holdings, Inc common stock from $140.00 to $170.00 and gave the company a “buy” rating in a research report on Tuesday, June 12th. Stifel Nicolaus increased their price objective on shares of Restoration Hardware Holdings, Inc common stock from $100.00 to $125.00 and gave the stock a “hold” rating in a research report on Tuesday, June 12th. Loop Capital increased their price objective on shares of Restoration Hardware Holdings, Inc common stock from $160.00 to $175.00 and gave the stock a “buy” rating in a research report on Tuesday, July 3rd. William Blair reissued an “outperform” rating on shares of Restoration Hardware Holdings, Inc common stock in a research report on Tuesday, August 14th. Finally, ValuEngine raised shares of Restoration Hardware Holdings, Inc common stock from a “hold” rating to a “buy” rating in a research report on Tuesday, June 5th. One analyst has rated the stock with a sell rating, twelve have given a hold rating and eight have assigned a buy rating to the company’s stock. Restoration Hardware Holdings, Inc common stock has a consensus rating of “Hold” and an average price target of $127.50.

In related news, Director Keith Belling sold 4,000 shares of the company’s stock in a transaction dated Monday, June 18th. The shares were sold at an average price of $156.41, for a total value of $625,640.00. Following the sale, the director now owns 16,586 shares in the company, valued at approximately $2,594,216.26. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Demonty Price sold 7,777 shares of the company’s stock in a transaction dated Tuesday, June 19th. The stock was sold at an average price of $152.01, for a total transaction of $1,182,181.77. Following the completion of the sale, the insider now owns 39,507 shares in the company, valued at approximately $6,005,459.07. The disclosure for this sale can be found here. Insiders have sold a total of 14,801 shares of company stock worth $2,199,974 in the last three months. Insiders own 29.70% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of RH. SG Americas Securities LLC raised its holdings in shares of Restoration Hardware Holdings, Inc common stock by 100.7% in the 1st quarter. SG Americas Securities LLC now owns 1,602 shares of the company’s stock worth $153,000 after acquiring an additional 224,707 shares during the last quarter. Jump Trading LLC acquired a new stake in shares of Restoration Hardware Holdings, Inc common stock in the 1st quarter worth about $202,000. Koch Industries Inc. acquired a new stake in shares of Restoration Hardware Holdings, Inc common stock in the 1st quarter worth about $205,000. WINTON GROUP Ltd acquired a new stake in shares of Restoration Hardware Holdings, Inc common stock in the 1st quarter worth about $272,000. Finally, Systematic Financial Management LP acquired a new stake in shares of Restoration Hardware Holdings, Inc common stock in the 1st quarter worth about $369,000.

RH traded up $1.42 during trading on Thursday, reaching $136.70. 1,794,674 shares of the stock traded hands, compared to its average volume of 1,493,998. The company has a current ratio of 0.83, a quick ratio of 0.17 and a debt-to-equity ratio of 4.99. The stock has a market capitalization of $2.83 billion, a P/E ratio of 44.82, a price-to-earnings-growth ratio of 0.72 and a beta of 2.00. Restoration Hardware Holdings, Inc common stock has a 12 month low of $68.39 and a 12 month high of $164.49.

Restoration Hardware Holdings, Inc common stock 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, bath ware, 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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