Restoration Hardware Holdings, Inc (NYSE:RH) – Equities researchers at Piper Jaffray Companies increased their Q1 2020 earnings per share (EPS) estimates for shares of Restoration Hardware in a note issued to investors on Monday, December 3rd. Piper Jaffray Companies analyst P. Keith now anticipates that the company will earn $1.73 per share for the quarter, up from their previous estimate of $1.56. Piper Jaffray Companies currently has a “Neutral” rating and a $165.00 target price on the stock. Piper Jaffray Companies also issued estimates for Restoration Hardware’s Q2 2020 earnings at $2.58 EPS.

Other analysts have also issued research reports about the company. JPMorgan Chase & Co. upped their target price on Restoration Hardware to $180.00 in a report on Tuesday. They noted that the move was a valuation call. Gordon Haskett raised Restoration Hardware from a “hold” rating to an “accumulate” rating and decreased their price objective for the company from $135.00 to $58.00 in a research note on Tuesday, August 28th. Loop Capital increased their price objective on Restoration Hardware to $200.00 and gave the company an “average” rating in a research note on Tuesday. Stifel Nicolaus raised Restoration Hardware from a “hold” rating to a “buy” rating and increased their price objective for the company from $142.00 to $150.00 in a research note on Friday, October 12th. Finally, Zacks Investment Research raised Restoration Hardware from a “hold” rating to a “buy” rating and set a $152.00 price objective on the stock in a research note on Wednesday, September 26th. One investment analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus target price of $152.28.

Restoration Hardware stock opened at $142.39 on Wednesday. The company has a current ratio of 0.80, a quick ratio of 0.17 and a debt-to-equity ratio of 26.22. The firm has a market capitalization of $2.97 billion, a price-to-earnings ratio of 46.69, a PEG ratio of 0.75 and a beta of 2.04. Restoration Hardware has a fifty-two week low of $74.50 and a fifty-two week high of $164.49.

Restoration Hardware (NYSE:RH) last posted its earnings results on Monday, December 3rd. The company reported $1.73 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $1.27 by $0.46. The company 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%. Restoration Hardware’s revenue was up 7.4% compared to the same quarter last year. During the same quarter in the prior year, the company earned $1.04 earnings per share.

An institutional investor recently raised its position in Restoration Hardware stock. Principal Financial Group Inc. increased its holdings in shares of Restoration Hardware Holdings, Inc (NYSE:RH) by 2.9% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 148,574 shares of the company’s stock after buying an additional 4,237 shares during the quarter. Principal Financial Group Inc. owned about 0.70% of Restoration Hardware worth $14,156,000 as of its most recent filing with the Securities and Exchange Commission.

In related news, Director Ali Rowghani sold 3,024 shares of the stock in a transaction dated Wednesday, September 12th. The stock was sold at an average price of $129.68, for a total transaction 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 Securities & Exchange Commission, which is accessible through this link. Also, CEO Gary G. Friedman bought 7,622 shares of Restoration Hardware stock in a transaction that occurred on Thursday, September 13th. The shares were acquired 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 directly owns 2,253,332 shares of the company’s stock, valued at approximately $295,614,625.08. The disclosure for this purchase can be found here. 29.70% of the stock is owned by company insiders.

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.

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

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