$1.27 EPS Expected for Restoration Hardware Holdings, Inc (RH) This Quarter
Equities analysts predict that Restoration Hardware Holdings, Inc (NYSE:RH) will announce earnings per share (EPS) of $1.27 for the current fiscal quarter, Zacks Investment Research reports. Ten analysts have provided estimates for Restoration Hardware’s earnings, with estimates ranging from $1.22 to $1.30. Restoration Hardware reported earnings of $1.04 per share in the same quarter last year, which suggests a positive year-over-year growth rate of 22.1%. The firm is scheduled to issue its next quarterly earnings report on Tuesday, December 4th.
On average, analysts expect that Restoration Hardware will report full year earnings of $7.63 per share for the current financial year, with EPS estimates ranging from $7.52 to $7.70. For the next fiscal year, analysts anticipate that the firm will report earnings of $8.25 per share, with EPS estimates ranging from $6.64 to $8.85. Zacks Investment Research’s earnings per share averages are a mean average based on a survey of sell-side research firms that that provide coverage for Restoration Hardware.
Restoration Hardware (NYSE:RH) last posted its quarterly earnings data on Tuesday, September 4th. The company reported $2.05 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.75 by $0.30. Restoration Hardware had a net margin of 4.29% and a return on equity of 520.85%. The company 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 business’s revenue was up 3.7% compared to the same quarter last year.
Shares of NYSE:RH traded down $0.91 on Friday, hitting $122.95. 15,825 shares of the company were exchanged, compared to its average volume of 1,075,413. Restoration Hardware has a one year low of $74.50 and a one year high of $164.49. The company has a debt-to-equity ratio of 4.99, a quick ratio of 0.17 and a current ratio of 0.83. The company has a market cap of $2.66 billion, a price-to-earnings ratio of 40.14, a PEG ratio of 0.68 and a beta of 2.06.
In other Restoration Hardware news, Director Ali Rowghani sold 3,024 shares of the business’s stock in a transaction dated Wednesday, September 12th. The shares were sold at an average price of $129.68, for a total value of $392,152.32. Following the transaction, the director now directly owns 6,953 shares in the company, valued at $901,665.04. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, CEO Gary G. Friedman purchased 7,622 shares of Restoration Hardware stock in a transaction on Thursday, September 13th. The stock was purchased at an average price of $131.19 per share, for a total transaction of $999,930.18. Following the completion of the transaction, the chief executive officer now owns 2,253,332 shares of the company’s stock, valued at $295,614,625.08. The disclosure for this purchase can be found here. Insiders own 29.70% of the company’s stock.
A number of large investors have recently added to or reduced their stakes in the business. Guggenheim Capital LLC boosted its position in Restoration Hardware by 4.9% in the first quarter. Guggenheim Capital LLC now owns 20,818 shares of the company’s stock valued at $1,983,000 after buying an additional 963 shares in the last quarter. Legal & General Group Plc boosted its position in Restoration Hardware by 2.9% in the first quarter. Legal & General Group Plc now owns 39,362 shares of the company’s stock valued at $3,710,000 after buying an additional 1,101 shares in the last quarter. BNP Paribas Arbitrage SA boosted its position in Restoration Hardware 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 buying an additional 3,403 shares in the last quarter. Principal Financial Group Inc. boosted its position in Restoration Hardware by 2.9% in the first 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 in the last quarter. Finally, Adams Diversified Equity Fund Inc. acquired a new position in Restoration Hardware in the second quarter valued at about $838,000.
Restoration Hardware 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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