Restoration Hardware Holdings Inc. (NYSE:RH) – Analysts at KeyCorp raised their Q3 2018 earnings per share (EPS) estimates for shares of Restoration Hardware Holdings in a note issued to investors on Wednesday. KeyCorp analyst B. Thomas now expects that the company will post earnings of $1.04 per share for the quarter, up from their prior estimate of $0.80. KeyCorp also issued estimates for Restoration Hardware Holdings’ FY2019 earnings at $4.82 EPS.

Restoration Hardware Holdings (NYSE:RH) last posted its quarterly earnings results on Wednesday, September 6th. The company reported $0.65 EPS for the quarter, beating the consensus estimate of $0.47 by $0.18. The company had revenue of $615.30 million for the quarter, compared to analysts’ expectations of $606.38 million. During the same quarter in the prior year, the firm earned $0.44 earnings per share. The company’s revenue was up 13.2% on a year-over-year basis.

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A number of other brokerages have also commented on RH. Loop Capital upped their price objective on shares of Restoration Hardware Holdings to $101.00 and gave the company a “hold” rating in a research report on Friday, November 17th. Bank of America Corporation upped their target price on shares of Restoration Hardware Holdings from $50.00 to $60.00 and gave the company an “underperform” rating in a research note on Monday. Zacks Investment Research raised shares of Restoration Hardware Holdings from a “hold” rating to a “buy” rating and set a $117.00 target price on the stock in a research note on Monday. Cowen and Company reissued a “hold” rating and issued a $115.00 target price on shares of Restoration Hardware Holdings in a research note on Wednesday. Finally, Buckingham Research reaffirmed a “buy” rating on shares of Restoration Hardware Holdings in a research note on Wednesday, November 15th. Three investment analysts have rated the stock with a sell rating, twelve have given a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average target price of $72.91.

Restoration Hardware Holdings (NYSE:RH) traded up $2.02 during trading on Monday, hitting $99.87. 243,674 shares of the stock traded hands, compared to its average volume of 2,020,831. The company has a debt-to-equity ratio of -26.72, a quick ratio of 0.27 and a current ratio of 1.50. Restoration Hardware Holdings has a fifty-two week low of $24.41 and a fifty-two week high of $107.48. The stock has a market cap of $2,096.59, a PE ratio of 63.13, a P/E/G ratio of 1.22 and a beta of 1.68.

Several large investors have recently bought and sold shares of the company. Flinton Capital Management LLC raised its holdings in Restoration Hardware Holdings by 41.4% during the second quarter. Flinton Capital Management LLC now owns 1,584 shares of the company’s stock worth $102,000 after buying an additional 464 shares during the last quarter. Public Employees Retirement System of Ohio grew its stake in shares of Restoration Hardware Holdings by 12.6% in the 1st quarter. Public Employees Retirement System of Ohio now owns 2,286 shares of the company’s stock worth $106,000 after acquiring an additional 255 shares in the last quarter. Riverhead Capital Management LLC grew its stake in shares of Restoration Hardware Holdings by 58.2% in the 2nd quarter. Riverhead Capital Management LLC now owns 1,898 shares of the company’s stock worth $122,000 after acquiring an additional 698 shares in the last quarter. PNC Financial Services Group Inc. grew its stake in shares of Restoration Hardware Holdings by 59.1% in the 1st quarter. PNC Financial Services Group Inc. now owns 3,575 shares of the company’s stock worth $166,000 after acquiring an additional 1,328 shares in the last quarter. Finally, HighTower Advisors LLC bought a new stake in shares of Restoration Hardware Holdings in the 1st quarter worth $204,000. 95.71% of the stock is currently owned by institutional investors.

In related news, CEO Gary G. Friedman purchased 14,000 shares of the firm’s stock in a transaction that occurred on Thursday, September 14th. The shares were bought at an average cost of $70.94 per share, with a total value of $993,160.00. Following the acquisition, the chief executive officer now owns 2,212,051 shares of the company’s stock, valued at approximately $156,922,897.94. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CEO Gary G. Friedman purchased 13,959 shares of the firm’s stock in a transaction that occurred on Tuesday, September 26th. The shares were bought at an average cost of $71.64 per share, for a total transaction of $1,000,022.76. Following the completion of the acquisition, the chief executive officer now directly owns 2,235,410 shares in the company, valued at approximately $160,144,772.40. The disclosure for this purchase can be found here. 18.80% of the stock is owned by insiders.

About Restoration Hardware Holdings

RH, formerly Restoration Hardware Holdings, Inc, is a retailer in the home furnishings marketplace. As of January 28, 2017, the Company had two segments: RH Segment and Waterworks. It offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings.

Earnings History and Estimates for Restoration Hardware Holdings (NYSE:RH)

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