Restoration Hardware (RH) Getting Somewhat Positive News Coverage, Study Shows
News coverage about Restoration Hardware (NYSE:RH) has trended somewhat positive recently, according to Accern Sentiment Analysis. Accern identifies negative and positive press coverage by monitoring more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. Restoration Hardware earned a coverage optimism score of 0.15 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.3910511240318 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the company’s share price in the near term.
These are some of the headlines that may have impacted Accern Sentiment’s scoring:
- Is the Options Market Predicting a Spike in Restoration Hardware (RH) Stock? – Nasdaq (nasdaq.com)
- Restoration Hardware Holdings Inc. (RH) Expected to Post FY2019 Earnings of $5.90 Per Share (americanbankingnews.com)
- What Does MACD Oscillator Analysis predict about Restoration Hardware Holdings, Inc. (NYSE:RH)? – The Oracle Examiner (oracleexaminer.com)
- Stock to Watch: Restoration Hardware Holdings Inc. (NYSE:RH) – Clawson News (clawsonnews.com)
Several equities analysts have recently commented on RH shares. Citigroup raised Restoration Hardware from a “neutral” rating to a “buy” rating in a research note on Thursday, November 16th. Buckingham Research reaffirmed a “buy” rating on shares of Restoration Hardware in a research note on Wednesday, November 15th. Stifel Nicolaus decreased their price target on Restoration Hardware from $100.00 to $75.00 and set a “hold” rating on the stock in a research note on Wednesday, December 6th. Telsey Advisory Group reaffirmed a “market perform” rating on shares of Restoration Hardware in a research note on Thursday, November 16th. Finally, Moffett Nathanson started coverage on Restoration Hardware in a research note on Monday, December 4th. They issued a “neutral” rating on the stock. Three investment analysts have rated the stock with a sell rating, thirteen have issued a hold rating, four have given a buy rating and one has assigned a strong buy rating to the stock. Restoration Hardware has an average rating of “Hold” and an average price target of $79.07.
Shares of Restoration Hardware (RH) opened at $91.48 on Thursday. The company has a quick ratio of 0.28, a current ratio of 1.47 and a debt-to-equity ratio of -48.40. The stock has a market capitalization of $1,950.00, a price-to-earnings ratio of 217.81, a P/E/G ratio of 0.92 and a beta of 1.70. Restoration Hardware has a 1-year low of $24.41 and a 1-year high of $109.53.
Restoration Hardware (NYSE:RH) last posted its quarterly earnings data on Tuesday, December 5th. The company reported $1.04 earnings per share (EPS) for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.04. The firm had revenue of $592.50 million for the quarter, compared to the consensus estimate of $592.46 million. Restoration Hardware had a return on equity of 20.04% and a net margin of 0.45%. The company’s quarterly revenue was up 7.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.20 EPS. research analysts forecast that Restoration Hardware will post 2.92 earnings per share for the current fiscal year.
In other Restoration Hardware news, insider Karen Boone sold 22,000 shares of the company’s stock in a transaction dated Thursday, December 14th. The stock was sold at an average price of $99.60, for a total transaction of $2,191,200.00. Following the sale, the insider now owns 25,430 shares in the company, valued at approximately $2,532,828. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, CEO Gary G. Friedman purchased 10,300 shares of the business’s stock in a transaction on Tuesday, December 12th. The shares were bought at an average price of $97.09 per share, for a total transaction of $1,000,027.00. Following the acquisition, the chief executive officer now owns 2,245,710 shares in the company, valued at $218,035,983.90. The disclosure for this purchase can be found here. 18.80% of the stock is currently owned by insiders.
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About Restoration Hardware
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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