Restoration Hardware Holdings, Inc common stock (RH) PT Raised to $178.00

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Restoration Hardware Holdings, Inc common stock (NYSE:RH) had its price objective hoisted by stock analysts at Deutsche Bank from $160.00 to $178.00 in a research report issued to clients and investors on Wednesday, The Fly reports. The brokerage currently has a “buy” rating on the stock. Deutsche Bank’s target price would suggest a potential upside of 37.38% from the stock’s previous close.

Several other research analysts have also weighed in on the company. William Blair reissued an “outperform” rating on shares of Restoration Hardware Holdings, Inc common stock in a research report on Tuesday, August 14th. Gordon Haskett raised Restoration Hardware Holdings, Inc common stock from a “hold” rating to an “accumulate” rating and lowered their price objective for the stock from $135.00 to $58.00 in a research report on Tuesday, August 28th. Zacks Investment Research raised Restoration Hardware Holdings, Inc common stock from a “hold” rating to a “buy” rating and set a $113.00 price objective for the company in a research report on Tuesday, June 5th. ValuEngine raised Restoration Hardware Holdings, Inc common stock from a “hold” rating to a “buy” rating in a research report on Monday, May 28th. Finally, Citigroup lifted their price objective on Restoration Hardware Holdings, Inc common stock from $170.00 to $176.00 and gave the stock a “buy” rating in a research report on Monday, July 9th. One investment analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $125.50.

Shares of RH opened at $129.57 on Wednesday. The stock has a market cap of $3.44 billion, a price-to-earnings ratio of 42.48, a P/E/G ratio of 1.00 and a beta of 2.00. Restoration Hardware Holdings, Inc common stock has a 12 month low of $67.72 and a 12 month high of $164.49. The company has a debt-to-equity ratio of 129.12, a quick ratio of 0.24 and a current ratio of 1.31.

Restoration Hardware Holdings, Inc common stock (NYSE:RH) last announced its earnings results on Tuesday, September 4th. The company reported $2.05 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.75 by $0.30. Restoration Hardware Holdings, Inc common stock had a negative return on equity of 683.40% and a net margin of 1.38%. The firm had revenue of $642.00 million for the quarter, compared to the consensus estimate of $660.89 million. During the same period in the previous year, the business earned $0.65 EPS. The business’s quarterly revenue was up 3.7% compared to the same quarter last year. equities research analysts forecast that Restoration Hardware Holdings, Inc common stock will post 6.64 EPS for the current year.

In related news, insider Karen Boone sold 29,876 shares of the business’s stock in a transaction dated Tuesday, June 12th. The stock was sold at an average price of $152.19, for a total value of $4,546,828.44. Following the completion of the sale, the insider now directly owns 43,087 shares of the company’s stock, valued at approximately $6,557,410.53. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, Director Keith Belling sold 4,000 shares of the business’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 completion of the sale, the director now directly owns 16,586 shares of the company’s stock, valued at $2,594,216.26. The disclosure for this sale can be found here. Insiders sold a total of 41,653 shares of company stock valued at $6,354,650 over the last ninety days. 29.70% of the stock is currently owned by corporate insiders.

Institutional investors have recently modified their holdings of the stock. Adams Diversified Equity Fund Inc. acquired a new position in Restoration Hardware Holdings, Inc common stock during the 2nd quarter valued at about $838,000. BNP Paribas Arbitrage SA boosted its stake in Restoration Hardware Holdings, Inc common stock by 24.6% during the 2nd quarter. BNP Paribas Arbitrage SA now owns 17,238 shares of the company’s stock valued at $2,408,000 after purchasing an additional 3,403 shares during the last quarter. Principal Financial Group Inc. boosted its stake in Restoration Hardware Holdings, Inc common stock by 2.9% during the 1st quarter. Principal Financial Group Inc. now owns 148,574 shares of the company’s stock valued at $14,156,000 after purchasing an additional 4,237 shares during the last quarter. WINTON GROUP Ltd acquired a new position in Restoration Hardware Holdings, Inc common stock during the 1st quarter valued at about $272,000. Finally, Legal & General Group Plc boosted its stake in Restoration Hardware Holdings, Inc common stock by 2.9% during the 1st quarter. Legal & General Group Plc now owns 39,362 shares of the company’s stock valued at $3,710,000 after purchasing an additional 1,101 shares during the last quarter.

About Restoration Hardware Holdings, Inc common stock

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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