Restoration Hardware (NYSE:RH) had its price target raised by KeyCorp from $166.00 to $180.00 in a research report released on Tuesday, The Fly reports. They currently have an overweight rating on the stock. KeyCorp also issued estimates for Restoration Hardware’s Q4 2019 earnings at $2.80 EPS, FY2019 earnings at $7.94 EPS and FY2020 earnings at $10.20 EPS.

Several other equities research analysts have also commented on RH. William Blair reissued an outperform rating on shares of Restoration Hardware in a research note on Tuesday. Wedbush reissued an outperform rating and set a $160.00 price target (up previously from $145.00) on shares of Restoration Hardware in a research note on Tuesday. Citigroup boosted their price target on Restoration Hardware from $181.00 to $200.00 and gave the stock a buy rating in a research note on Tuesday. Stifel Nicolaus boosted their price target on Restoration Hardware from $150.00 to $180.00 and gave the stock a buy rating in a research note on Tuesday. Finally, Telsey Advisory Group boosted their price target on Restoration Hardware from $140.00 to $160.00 and gave the stock a market perform rating in a research note on Tuesday. One equities research analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the company’s stock. The stock currently has a consensus rating of Buy and an average price target of $152.28.

Shares of RH opened at $142.39 on Tuesday. Restoration Hardware has a twelve month low of $74.50 and a twelve month high of $164.49. The company has a market capitalization of $2.91 billion, a price-to-earnings ratio of 20.17, a price-to-earnings-growth ratio of 0.79 and a beta of 2.04. The company has a debt-to-equity ratio of 26.22, a quick ratio of 0.17 and a current ratio of 0.80.

Restoration Hardware (NYSE:RH) last announced its quarterly earnings results on Monday, December 3rd. The company reported $1.73 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.27 by $0.46. The business had revenue of $636.60 million for the quarter, compared to analyst estimates of $632.25 million. Restoration Hardware had a return on equity of 404.46% and a net margin of 4.58%. The company’s quarterly revenue was up 7.4% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.04 EPS. Analysts expect that Restoration Hardware will post 7.96 EPS for the current year.

In related news, Director Ali Rowghani sold 3,024 shares of Restoration Hardware stock in a transaction that occurred on Wednesday, September 12th. The stock was sold at an average price of $129.68, for a total transaction of $392,152.32. Following the completion of the transaction, the director now directly owns 6,953 shares in the company, valued at approximately $901,665.04. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gary G. Friedman acquired 7,622 shares of the business’s stock in a transaction that occurred on Thursday, September 13th. The shares were bought at an average price of $131.19 per share, with a total value of $999,930.18. Following the completion of the transaction, the chief executive officer now directly owns 2,253,332 shares in the company, valued at $295,614,625.08. The disclosure for this purchase can be found here. Insiders own 29.70% of the company’s stock.

An institutional investor recently raised its position in Restoration Hardware stock. BNP Paribas Arbitrage SA increased its stake in shares of Restoration Hardware Holdings, Inc (NYSE:RH) by 24.6% in the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,238 shares of the company’s stock after purchasing an additional 3,403 shares during the period. BNP Paribas Arbitrage SA owned 0.08% of Restoration Hardware worth $2,408,000 as of its most recent SEC filing.

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, d├ęcor, 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.

Further Reading: Market Capitalization

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Analyst Recommendations for Restoration Hardware (NYSE:RH)

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