Restoration Hardware Holdings, Inc common stock (RH) Price Target Raised to $142.00 at Stifel Nicolaus

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Restoration Hardware Holdings, Inc common stock (NYSE:RH) had its price target raised by Stifel Nicolaus from $125.00 to $142.00 in a report released on Wednesday. They currently have a hold rating on the stock.

Several other analysts have also issued reports on RH. ValuEngine lowered Restoration Hardware Holdings, Inc common stock from a strong-buy rating to a buy rating in a report on Monday, July 2nd. Barclays boosted their price target on Restoration Hardware Holdings, Inc common stock from $120.00 to $160.00 and gave the company an equal weight rating in a report on Tuesday, June 12th. Piper Jaffray Companies boosted their price target on Restoration Hardware Holdings, Inc common stock to $153.00 and gave the company a neutral rating in a report on Tuesday, June 12th. Deutsche Bank boosted their price target on Restoration Hardware Holdings, Inc common stock from $125.00 to $160.00 and gave the company a buy rating in a report on Tuesday, June 12th. Finally, Buckingham Research boosted their price target on Restoration Hardware Holdings, Inc common stock from $135.00 to $200.00 and gave the company a buy rating in a report on Tuesday, June 12th. One equities research analyst has rated the stock with a sell rating, eleven have assigned a hold rating and nine have issued a buy rating to the company. The company presently has a consensus rating of Hold and a consensus target price of $127.50.

NYSE:RH opened at $126.15 on Wednesday. Restoration Hardware Holdings, Inc common stock has a 52-week low of $67.72 and a 52-week high of $164.49. The company has a debt-to-equity ratio of 4.99, a current ratio of 0.83 and a quick ratio of 0.24. The stock has a market cap of $2.85 billion, a price-to-earnings ratio of 41.36, a P/E/G ratio of 0.70 and a beta of 2.00.

Restoration Hardware Holdings, Inc common stock (NYSE:RH) last released its quarterly earnings results on Tuesday, September 4th. The company reported $2.05 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $1.75 by $0.30. Restoration Hardware Holdings, Inc common stock had a return on equity of 520.85% and a net margin of 4.29%. The business had revenue of $642.00 million during the quarter, compared to analyst estimates of $660.89 million. During the same quarter in the previous year, the company posted $0.65 earnings per share. Restoration Hardware Holdings, Inc common stock’s revenue for the quarter was up 3.7% on a year-over-year basis. equities research analysts predict that Restoration Hardware Holdings, Inc common stock will post 7.55 EPS for the current year.

In other 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 transaction, the insider now directly owns 43,087 shares in the company, valued at $6,557,410.53. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. 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 transaction, the director now owns 16,586 shares in the company, valued at $2,594,216.26. The disclosure for this sale can be found here. Insiders sold 41,653 shares of company stock worth $6,354,650 over the last 90 days. Company insiders own 29.70% of the company’s stock.

Institutional investors have recently made changes to their positions in the company. BNP Paribas Arbitrage SA lifted its position in shares of Restoration Hardware Holdings, Inc common stock by 24.6% in the second quarter. BNP Paribas Arbitrage SA now owns 17,238 shares of the company’s stock valued at $2,408,000 after acquiring an additional 3,403 shares in the last quarter. Rhumbline Advisers lifted its position in shares of Restoration Hardware Holdings, Inc common stock by 1.5% in the first quarter. Rhumbline Advisers now owns 44,624 shares of the company’s stock valued at $4,252,000 after acquiring an additional 673 shares in the last quarter. American Century Companies Inc. purchased a new position in shares of Restoration Hardware Holdings, Inc common stock in the first quarter valued at about $4,560,000. Aperio Group LLC lifted its position in shares of Restoration Hardware Holdings, Inc common stock by 10.3% in the first quarter. Aperio Group LLC now owns 8,532 shares of the company’s stock valued at $813,000 after acquiring an additional 799 shares in the last quarter. Finally, Principal Financial Group Inc. lifted its position in shares of Restoration Hardware Holdings, Inc common stock by 2.9% in the first quarter. Principal Financial Group Inc. now owns 148,574 shares of the company’s stock worth $14,156,000 after buying an additional 4,237 shares in the last quarter.

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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