Restoration Hardware (NYSE:RH) Lifted to Hold at ValuEngine

ValuEngine upgraded shares of Restoration Hardware (NYSE:RH) from a sell rating to a hold rating in a report published on Tuesday morning, ValuEngine reports.

Other equities analysts have also recently issued research reports about the stock. Robert W. Baird increased their price objective on shares of Total System Services from $98.00 to $110.00 and gave the stock an outperform rating in a research report on Friday, March 29th. Goldman Sachs Group raised shares of Altria Group from a neutral rating to a buy rating and set a $59.00 price objective for the company in a research report on Thursday, July 11th. Deutsche Bank increased their price objective on shares of Welltower from $61.00 to $71.00 and gave the stock a hold rating in a research report on Friday, March 29th. Gordon Haskett raised shares of Restoration Hardware from a reduce rating to a hold rating and set a $86.50 price objective for the company in a research report on Tuesday, June 4th. Finally, Evercore ISI began coverage on shares of Polarityte in a research report on Wednesday, March 20th. They set an outperform rating and a $26.00 price objective for the company. One analyst has rated the stock with a sell rating, twelve have given a hold rating and eight have given a buy rating to the stock. Restoration Hardware currently has a consensus rating of Hold and an average price target of $138.03.

Shares of NYSE RH opened at $126.40 on Tuesday. The business’s 50 day moving average price is $109.74. The firm has a market cap of $2.29 billion, a P/E ratio of 14.80, a P/E/G ratio of 1.46 and a beta of 1.78. The company has a debt-to-equity ratio of 26.22, a current ratio of 0.81 and a quick ratio of 0.29. Restoration Hardware has a 1 year low of $84.11 and a 1 year high of $162.10.

Restoration Hardware (NYSE:RH) last announced its quarterly earnings results on Wednesday, June 12th. The company reported $1.85 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $1.54 by $0.31. The business had revenue of $598.42 million during the quarter, compared to the consensus estimate of $583.69 million. Restoration Hardware had a net margin of 6.22% and a negative return on equity of 979.13%. The business’s revenue was up 7.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.33 EPS. As a group, equities research analysts forecast that Restoration Hardware will post 9.04 earnings per share for the current fiscal year.

A hedge fund recently raised its stake in Restoration Hardware stock. Mason Street Advisors LLC raised its holdings in Restoration Hardware Holdings, Inc (NYSE:RH) by 3.4% in the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 5,996 shares of the company’s stock after buying an additional 198 shares during the period. Mason Street Advisors LLC’s holdings in Restoration Hardware were worth $617,000 as of its most recent SEC filing.

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, 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.

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Analyst Recommendations for Restoration Hardware (NYSE:RH)

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