Restoration Hardware (NYSE:RH) Earns Market Perform Rating from Telsey Advisory Group

Telsey Advisory Group reiterated their market perform rating on shares of Restoration Hardware (NYSE:RH) in a report published on Tuesday, Briefing.com Automated Import reports. Telsey Advisory Group currently has a $140.00 price objective on the stock, up from their prior price objective of $130.00.

Other analysts also recently issued reports about the stock. Zacks Investment Research upgraded shares of Restoration Hardware from a sell rating to a hold rating and set a $115.00 price target on the stock in a research report on Friday, June 14th. Wells Fargo & Co reiterated a buy rating and issued a $150.00 price target (down from $160.00) on shares of Restoration Hardware in a research report on Wednesday, June 12th. Gordon Haskett upgraded shares of Restoration Hardware from a reduce rating to a hold rating and set a $86.50 target price on the stock in a report on Tuesday, June 4th. Cowen restated a hold rating and set a $120.00 target price on shares of Restoration Hardware in a report on Tuesday, June 18th. Finally, Stifel Nicolaus raised their target price on shares of Restoration Hardware from $120.00 to $140.00 and gave the stock a buy rating in a report on Thursday, June 13th. They noted that the move was a valuation call. Fourteen investment analysts have rated the stock with a hold rating and eight have issued a buy rating to the company’s stock. The stock currently has a consensus rating of Hold and a consensus target price of $143.53.

Shares of NYSE:RH traded down $0.27 during mid-day trading on Tuesday, reaching $135.81. The stock had a trading volume of 135,703 shares, compared to its average volume of 596,831. The company has a market cap of $2.50 billion, a price-to-earnings ratio of 15.90, a PEG ratio of 1.58 and a beta of 1.78. The stock has a 50 day moving average of $121.26. The company has a debt-to-equity ratio of 26.22, a quick ratio of 0.29 and a current ratio of 0.81. Restoration Hardware has a twelve month low of $84.11 and a twelve month 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 for the quarter, beating analysts’ consensus estimates of $1.54 by $0.31. The business had revenue of $598.42 million for 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%. Restoration Hardware’s revenue for the quarter was up 7.4% on a year-over-year basis. During the same period last year, the company posted $1.33 EPS. On average, equities research analysts expect that Restoration Hardware will post 9.4 EPS for the current fiscal year.

An institutional investor recently raised its position in Restoration Hardware stock. Mason Street Advisors LLC raised its holdings in shares of Restoration Hardware Holdings, Inc (NYSE:RH) by 3.4% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,996 shares of the company’s stock after acquiring an additional 198 shares during the quarter. Mason Street Advisors LLC’s holdings in Restoration Hardware were worth $617,000 at the end of the most recent reporting period.

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 Story: Different Options Trading Strategies

Analyst Recommendations for Restoration Hardware (NYSE:RH)

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.