Restoration Hardware Holdings, Inc common stock (RH) Trading 5.4% Higher

Restoration Hardware Holdings, Inc common stock (NYSE:RH)’s share price traded up 5.4% during trading on Wednesday . The company traded as high as $132.16 and last traded at $130.85. 1,886,982 shares traded hands during mid-day trading, an increase of 73% from the average session volume of 1,092,758 shares. The stock had previously closed at $124.12.

A number of equities analysts have recently commented on the stock. Barclays raised their target price on shares of Restoration Hardware Holdings, Inc common stock from $120.00 to $160.00 and gave the company an “equal weight” rating in a research note on Tuesday, June 12th. ValuEngine downgraded shares of Restoration Hardware Holdings, Inc common stock from a “buy” rating to a “hold” rating in a research note on Thursday, September 6th. Stifel Nicolaus raised their target price on shares of Restoration Hardware Holdings, Inc common stock from $125.00 to $142.00 and gave the company a “hold” rating in a research note on Wednesday, September 5th. Piper Jaffray Companies lifted their price target on shares of Restoration Hardware Holdings, Inc common stock to $153.00 and gave the stock a “neutral” rating in a research note on Tuesday, June 12th. Finally, Bank of America lifted their price target on shares of Restoration Hardware Holdings, Inc common stock from $65.00 to $77.00 and gave the stock an “underperform” rating in a research note on Tuesday, June 12th. One investment analyst has rated the stock with a sell rating, eleven have assigned a hold rating and nine have assigned a buy rating to the stock. Restoration Hardware Holdings, Inc common stock presently has an average rating of “Hold” and an average price target of $127.50.

The company has a market capitalization of $2.73 billion, a PE ratio of 42.92, a price-to-earnings-growth ratio of 0.66 and a beta of 2.00. The company has a debt-to-equity ratio of 4.99, a quick ratio of 0.17 and a current ratio of 0.83.

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, topping the Thomson Reuters’ consensus estimate of $1.75 by $0.30. Restoration Hardware Holdings, Inc common stock had a net margin of 4.29% and a return on equity of 520.85%. The firm had revenue of $642.00 million for the quarter, compared to the consensus estimate of $660.89 million. During the same quarter in the previous year, the firm posted $0.65 EPS. The firm’s quarterly revenue was up 3.7% on a year-over-year basis. analysts predict that Restoration Hardware Holdings, Inc common stock will post 7.59 earnings per share for the current year.

In other Restoration Hardware Holdings, Inc common stock news, Director Keith Belling sold 4,000 shares of the firm’s stock in a transaction on Monday, June 18th. The shares were sold at an average price of $156.41, for a total transaction of $625,640.00. Following the completion of the transaction, the director now directly owns 16,586 shares of the company’s stock, valued at approximately $2,594,216.26. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, insider Demonty Price sold 7,777 shares of the firm’s stock in a transaction on 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 transaction, the insider now directly owns 39,507 shares of the company’s stock, valued at $6,005,459.07. The disclosure for this sale can be found here. 29.70% of the stock is owned by company insiders.

Hedge funds and other institutional investors have recently bought and sold shares of the company. BNP Paribas Arbitrage SA boosted its holdings in shares of Restoration Hardware Holdings, Inc common stock by 24.6% in the 2nd quarter. BNP Paribas Arbitrage SA now owns 17,238 shares of the company’s stock valued at $2,408,000 after buying an additional 3,403 shares during the period. Rhumbline Advisers boosted its holdings in shares of Restoration Hardware Holdings, Inc common stock by 1.5% in the 1st quarter. Rhumbline Advisers now owns 44,624 shares of the company’s stock valued at $4,252,000 after buying an additional 673 shares during the period. American Century Companies Inc. acquired a new position in shares of Restoration Hardware Holdings, Inc common stock in the 1st quarter valued at about $4,560,000. Aperio Group LLC boosted its holdings in shares of Restoration Hardware Holdings, Inc common stock by 10.3% in the 1st quarter. Aperio Group LLC now owns 8,532 shares of the company’s stock valued at $813,000 after buying an additional 799 shares during the period. Finally, Principal Financial Group Inc. boosted its holdings in shares of Restoration Hardware Holdings, Inc common stock by 2.9% in the 1st quarter. Principal Financial Group Inc. now owns 148,574 shares of the company’s stock valued at $14,156,000 after buying an additional 4,237 shares during the period.

About Restoration Hardware Holdings, Inc common stock (NYSE:RH)

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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