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.
RH has been the topic of a number of recent analyst reports. Evercore ISI initiated coverage on shares of Restoration Hardware in a research note on Wednesday, March 20th. They issued an in-line rating and a $145.00 target price on the stock. Bank of America restated an underperform rating and issued a $85.00 target price on shares of Restoration Hardware in a research note on Friday, March 29th. Robert W. Baird cut their target price on shares of Restoration Hardware from $135.00 to $120.00 and set a neutral rating on the stock in a research note on Friday, March 29th. Wells Fargo & Co restated a buy rating and issued a $175.00 target price on shares of Restoration Hardware in a research note on Thursday, March 21st. Finally, Stifel Nicolaus cut their target price on shares of Restoration Hardware from $180.00 to $145.00 and set a buy rating on the stock in a research note on Friday, March 29th. One research analyst has rated the stock with a sell rating, twelve have given a hold rating and nine have issued a buy rating to the company’s stock. Restoration Hardware has an average rating of Hold and a consensus target price of $145.56.
RH traded down $4.12 on Friday, hitting $107.42. 1,635,949 shares of the company’s stock were exchanged, compared to its average volume of 2,421,343. The firm has a market cap of $2.20 billion, a price-to-earnings ratio of 12.58, a price-to-earnings-growth ratio of 1.02 and a beta of 1.54. Restoration Hardware has a twelve month low of $85.25 and a twelve month high of $164.49. The company has a quick ratio of 0.16, a current ratio of 0.74 and a debt-to-equity ratio of 26.22.
COPYRIGHT VIOLATION WARNING: This article was posted by Baseball Daily News and is the sole property of of Baseball Daily News. If you are accessing this article on another domain, it was copied illegally and reposted in violation of U.S. & international trademark & copyright laws. The legal version of this article can be accessed at https://www.baseballdailydigest.com/news/2019/04/21/restoration-hardware-rh-releases-q1-2019-earnings-guidance.html.
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, bathware, décor, 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.
Featured Article: Understanding Stock Ratings
Receive News & Ratings for Restoration Hardware Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Restoration Hardware and related companies with MarketBeat.com's FREE daily email newsletter.