The Restoration Hardware Holdings Inc. (RH) Releases FY18 Earnings Guidance

These are 1 Sell Rating, 13 Hold Ratings, 3 Buy Ratings. (RH) reported earning per shares for the quarter ending Sep 06 AMC at 0.65, whereas, 17 number of analysts estimated the mean EPS at 0.4.

The consensus recommendation, according to Zacks Investment research, is 2.92. Core RH Business, excluding outlet and Waterworks acquisition, increased 10% year over year. Revenue was expected to be between $2.42 billion and $2.46 billion. The company significantly raised its FY 2017 net income and sales outlook.

Bank of America “Maintained” Restoration Hardware Holdings (NYSE:RH) in a research note issued to investors on 9/07/17 to Underperform with price target of $50.

Restoration Hardware Holdings (NYSE:RH) shares traded 44.76% up during most recent session to reach at the closing price of $71.54. They noted that the move was a valuation call. Finally, Telsey Advisory Group lifted their target price on Restoration Hardware Holdings from $48.00 to $60.00 and gave the company a “market perform” rating in a research report on Friday, July 14th. The bumped up target suggests a potential upside of 0.78% based on the company’s last stock close price. For the current quarter Restoration Hardware Holdings (NYSE:RH) has high EPS estimates of $0.69 in contradiction of low EPS estimates of $0.22. 8,882,320 shares of the company’s stock were exchanged. The 50 day SMA of the stock is of $57.22 and a two hundred SMA of $51.19. The company has market cap of $1.46 billion.

RH has a 1-year high price of $ 79.91 and 1-year low price of $24.41. Restoration Hardware Holdings also saw unusually large options trading activity on Thursday.

Among 22 analysts covering Restoration Hardware Holdings (NYSE:RH), 5 have Buy rating, 0 Sell and 17 Hold. The consensus mean EPS for the current quarter is at $0.73 derived from a total of 20 estimates from the analysts who have weighed in on projected earnings. The business had revenue of $615.30 million for the quarter, compared to analysts’ expectations of $606.38 million. RH generated revenue of $597.2 Million in the same quarter, one year ago.

TRADEMARK VIOLATION WARNING: This piece was first published by BBNS and is the property of of BBNS. If you are reading this news story on another website, it was illegally stolen and reposted in violation of USA and global copyright laws. The correct version of this piece of content can be read at https://www.dispatchtribunal.com/2017/09/07/analysts-set-restoration-hardware-holdings-inc-rh-target-price-at-52-91.html. Flinton Capital Management LLC grew its holdings in Restoration Hardware Holdings by 41.4% in the 2nd quarter. Flinton Capital Management LLC now owns 1,584 shares of the company’s stock valued at $102,000 after purchasing an additional 464 shares during the period. Public Employees Retirement System of OH boosted its stake in Restoration Hardware Holdings by 12.6% in the 1st quarter. Public Employees Retirement System of OH now owns 2,286 shares of the company’s stock valued at $106,000 after buying an additional 255 shares during the period. Sei Investments grew its holdings in Restoration Hardware Holdings by 36.7% in the 1st period. Riverhead Capital Management LLC now owns 1,898 shares of the company’s stock worth $122,000 after buying an additional 698 shares in the last quarter. Past 5 years growth of Restoration Hardware Holdings (NYSE:RH) observed at 7.63%, looking forward for the next 5 years it has a strong prediction of 40% over growth. Finally, Ameritas Investment Partners Inc. purchased a new stake in Restoration Hardware Holdings in the 1st quarter valued at about $155,000. However the six-month change in the insider ownership was recorded 0%, as well as three-month change in the institutional ownership was recorded 0%.

On the other hand the company has Relative Strength Index (RSI 14) of 75.92 along with Average True Range (ATR 14) of 4.02, Consequently Restoration Hardware Holdings (NYSE:RH)’s weekly and monthly volatility is 5.93%, 4.87% respectively.

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