Restoration Hardware (NYSE:RH) updated its first quarter 2019 earnings guidance on Thursday. The company provided EPS guidance of $1.58-1.70 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.80. The company issued revenue guidance of $582-588 million, compared to the consensus revenue estimate of $609.69 million.Restoration Hardware also updated its FY 2019 guidance to $8.41-9.08 EPS.

Several equities analysts have recently issued reports on the company. Evercore ISI assumed coverage on Restoration Hardware in a research report on Wednesday, March 20th. They issued an in-line rating and a $145.00 price target for the company. Wedbush reaffirmed an outperform rating and issued a $160.00 price target (up previously from $145.00) on shares of Restoration Hardware in a research report on Tuesday, December 4th. Wells Fargo & Co reiterated a buy rating and issued a $175.00 price objective on shares of Restoration Hardware in a report on Thursday, March 21st. ValuEngine downgraded Restoration Hardware from a hold rating to a sell rating in a report on Friday, December 21st. Finally, Zacks Investment Research downgraded Restoration Hardware from a buy rating to a hold rating in a report on Tuesday, February 12th. One analyst has rated the stock with a sell rating, nine have issued a hold rating and eleven have issued a buy rating to the company. The company presently has an average rating of Hold and a consensus target price of $155.56.

Shares of RH stock traded up $2.53 during trading hours on Thursday, reaching $131.93. 2,414,982 shares of the company traded hands, compared to its average volume of 838,791. Restoration Hardware has a 12-month low of $84.19 and a 12-month high of $164.49. The company has a quick ratio of 0.15, a current ratio of 0.80 and a debt-to-equity ratio of 26.22. The stock has a market cap of $2.78 billion, a P/E ratio of 43.26, a PEG ratio of 0.75 and a beta of 1.60.

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About Restoration Hardware

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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