Restoration Hardware Holdings, Inc common stock (NYSE:RH) issued an update on its third quarter earnings guidance on Tuesday morning. The company provided EPS guidance of $1.15-1.33 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.20. The company issued revenue guidance of $624-636 million, compared to the consensus revenue estimate of $647.33 million.Restoration Hardware Holdings, Inc common stock also updated its FY19 guidance to $7.35-7.75 EPS.

NYSE RH traded down $7.72 during trading on Tuesday, hitting $151.28. 4,229,076 shares of the company’s stock were exchanged, compared to its average volume of 1,032,562. The company has a current ratio of 1.31, a quick ratio of 0.24 and a debt-to-equity ratio of 129.12. The company has a market cap of $3.44 billion, a price-to-earnings ratio of 49.60, a PEG ratio of 1.00 and a beta of 2.00. Restoration Hardware Holdings, Inc common stock has a fifty-two week low of $47.50 and a fifty-two week high of $164.49.

Restoration Hardware Holdings, Inc common stock (NYSE:RH) last issued its earnings results on Monday, June 11th. The company reported $1.33 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $1.01 by $0.32. The firm had revenue of $557.41 million during the quarter, compared to the consensus estimate of $563.24 million. Restoration Hardware Holdings, Inc common stock had a negative return on equity of 683.40% and a net margin of 1.38%. The business’s quarterly revenue was down .8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.05 earnings per share. sell-side analysts predict that Restoration Hardware Holdings, Inc common stock will post 6.66 earnings per share for the current year.

Several research analysts have commented on RH shares. Zacks Investment Research raised Restoration Hardware Holdings, Inc common stock from a hold rating to a buy rating and set a $113.00 target price for the company in a research note on Tuesday, June 5th. Raymond James downgraded Restoration Hardware Holdings, Inc common stock from an outperform rating to a market perform rating in a research note on Tuesday, June 12th. They noted that the move was a valuation call. William Blair reaffirmed an outperform rating on shares of Restoration Hardware Holdings, Inc common stock in a research note on Tuesday, August 14th. Citigroup upped their price objective on Restoration Hardware Holdings, Inc common stock from $140.00 to $170.00 and gave the company a buy rating in a research note on Tuesday, June 12th. Finally, Loop Capital upped their price objective on Restoration Hardware Holdings, Inc common stock to $160.00 and gave the company a buy rating in a research note on Tuesday, June 12th. One research analyst has rated the stock with a sell rating, ten have given a hold rating and ten have issued a buy rating to the company. The company has an average rating of Hold and a consensus price target of $122.56.

In related news, insider Karen Boone sold 29,876 shares of the company’s stock in a transaction that occurred on Tuesday, June 12th. The stock was sold at an average price of $152.19, for a total value of $4,546,828.44. Following the sale, the insider now directly owns 43,087 shares in the company, valued at $6,557,410.53. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Demonty Price sold 7,777 shares of the company’s stock in a transaction that occurred on Tuesday, June 19th. The shares were sold at an average price of $152.01, for a total value of $1,182,181.77. Following the completion of the sale, the insider now owns 39,507 shares in the company, valued at $6,005,459.07. The disclosure for this sale can be found here. Insiders sold 41,653 shares of company stock valued at $6,354,650 in the last ninety days. 29.70% of the stock is currently owned by insiders.

Restoration Hardware Holdings, Inc common stock 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 Holdings, Inc common stock (NYSE:RH)

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