Wall Street analysts forecast that Restoration Hardware Holdings Inc. (NYSE:RH) will post earnings of $0.79 per share for the current fiscal quarter, according to Zacks Investment Research. Six analysts have made estimates for Restoration Hardware Holdings’ earnings, with the highest EPS estimate coming in at $0.89 and the lowest estimate coming in at $0.73. Restoration Hardware Holdings reported earnings per share of $0.19 during the same quarter last year, which would indicate a positive year-over-year growth rate of 315.8%. The firm is scheduled to announce its next quarterly earnings results on Thursday, December 14th.

On average, analysts expect that Restoration Hardware Holdings will report full-year earnings of $2.55 per share for the current financial year, with EPS estimates ranging from $2.15 to $2.75. For the next financial year, analysts expect that the firm will report earnings of $3.62 per share, with EPS estimates ranging from $2.97 to $4.06. Zacks Investment Research’s EPS averages are an average based on a survey of research firms that cover Restoration Hardware Holdings.

Restoration Hardware Holdings (NYSE:RH) last announced its earnings results on Wednesday, September 6th. The company reported $0.65 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.47 by $0.18. The business had revenue of $615.30 million for the quarter, compared to analysts’ expectations of $606.38 million. During the same period in the previous year, the firm posted $0.44 earnings per share. The firm’s revenue was up 13.2% compared to the same quarter last year.

A number of research firms recently commented on RH. BidaskClub downgraded Restoration Hardware Holdings from a “buy” rating to a “hold” rating in a research note on Thursday, August 3rd. Barclays PLC set a $65.00 price target on Restoration Hardware Holdings and gave the stock a “hold” rating in a research note on Sunday, July 16th. Loop Capital reiterated a “hold” rating and issued a $55.00 price target on shares of Restoration Hardware Holdings in a research note on Friday, September 8th. Telsey Advisory Group lifted their price target on Restoration Hardware Holdings from $48.00 to $60.00 and gave the stock a “market perform” rating in a research note on Friday, July 14th. Finally, Guggenheim reiterated a “buy” rating and issued a $75.00 price target (up from $60.00) on shares of Restoration Hardware Holdings in a research note on Monday, July 17th. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have given a buy rating to the company. The company presently has an average rating of “Hold” and a consensus price target of $63.42.

In other Restoration Hardware Holdings news, CEO Gary G. Friedman acquired 13,959 shares of Restoration Hardware Holdings stock in a transaction dated Tuesday, September 26th. The stock was acquired at an average cost of $71.64 per share, for a total transaction of $1,000,022.76. Following the completion of the transaction, the chief executive officer now owns 2,235,410 shares in the company, valued at approximately $160,144,772.40. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CEO Gary G. Friedman acquired 14,000 shares of Restoration Hardware Holdings stock in a transaction dated Thursday, September 14th. The shares were acquired at an average price of $70.94 per share, with a total value of $993,160.00. Following the completion of the transaction, the chief executive officer now owns 2,212,051 shares of the company’s stock, valued at approximately $156,922,897.94. The disclosure for this purchase can be found here. Insiders own 18.80% of the company’s stock.

Several hedge funds and other institutional investors have recently modified their holdings of the company. BlackRock Inc. boosted its position in shares of Restoration Hardware Holdings by 18,735.0% during the first quarter. BlackRock Inc. now owns 4,680,693 shares of the company’s stock worth $216,529,000 after buying an additional 4,655,842 shares during the period. Vanguard Group Inc. boosted its position in shares of Restoration Hardware Holdings by 14.5% during the first quarter. Vanguard Group Inc. now owns 3,352,950 shares of the company’s stock worth $155,107,000 after buying an additional 423,925 shares during the period. Credit Suisse AG acquired a new position in shares of Restoration Hardware Holdings during the first quarter worth approximately $15,995,000. Geode Capital Management LLC boosted its position in shares of Restoration Hardware Holdings by 9.9% during the first quarter. Geode Capital Management LLC now owns 309,328 shares of the company’s stock worth $14,309,000 after buying an additional 27,821 shares during the period. Finally, Schwab Charles Investment Management Inc. boosted its position in shares of Restoration Hardware Holdings by 12.3% during the first quarter. Schwab Charles Investment Management Inc. now owns 215,848 shares of the company’s stock worth $9,986,000 after buying an additional 23,707 shares during the period. Institutional investors and hedge funds own 95.71% of the company’s stock.

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Shares of Restoration Hardware Holdings (NYSE RH) opened at $86.79 on Monday. Restoration Hardware Holdings has a 52-week low of $24.41 and a 52-week high of $93.64. The stock has a market capitalization of $1,835.78, a PE ratio of 55.28, a PEG ratio of 1.12 and a beta of 1.68. The company has a debt-to-equity ratio of -26.72, a quick ratio of 0.27 and a current ratio of 1.50.

About Restoration Hardware Holdings

RH, formerly Restoration Hardware Holdings, Inc, is a retailer in the home furnishings marketplace. As of January 28, 2017, the Company had two segments: RH Segment and Waterworks. It offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings.

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

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