Restoration Hardware Holdings, Inc common stock (RH) Issues Earnings Results

Restoration Hardware Holdings, Inc common stock (NYSE:RH) released its earnings results on Monday. The company reported $1.33 earnings per share for the quarter, beating the Zacks’ consensus estimate of $1.01 by $0.32, Briefing.com reports. The firm had revenue of $557.41 million for the quarter, compared to analysts’ expectations of $563.24 million. Restoration Hardware Holdings, Inc common stock had a net margin of 0.09% and a return on equity of 65.66%. The company’s quarterly revenue was down .8% on a year-over-year basis. During the same period in the previous year, the company earned $0.05 earnings per share. Restoration Hardware Holdings, Inc common stock updated its Q2 guidance to $1.70-1.77 EPS and its FY19 guidance to $6.34-6.83 EPS.

Restoration Hardware Holdings, Inc common stock opened at $118.73 on Tuesday, Marketbeat reports. The company has a debt-to-equity ratio of -148.64, a quick ratio of 0.23 and a current ratio of 1.24. The company has a market cap of $2.45 billion, a P/E ratio of 38.93, a PEG ratio of 0.88 and a beta of 1.61. Restoration Hardware Holdings, Inc common stock has a 1-year low of $44.00 and a 1-year high of $119.75.

A number of analysts recently commented on RH shares. UBS Group upgraded shares of Restoration Hardware Holdings, Inc common stock from a “market perform” rating to an “outperform” rating in a research note on Wednesday, March 14th. Telsey Advisory Group dropped their price target on shares of Restoration Hardware Holdings, Inc common stock from $118.00 to $100.00 and set a “market perform” rating on the stock in a research note on Wednesday, March 28th. ValuEngine cut shares of Restoration Hardware Holdings, Inc common stock from a “buy” rating to a “hold” rating in a research note on Tuesday, May 22nd. Deutsche Bank dropped their price target on shares of Restoration Hardware Holdings, Inc common stock from $140.00 to $125.00 and set a “buy” rating on the stock in a research note on Wednesday, March 28th. Finally, Piper Jaffray Companies restated a “hold” rating and set a $103.00 price target on shares of Restoration Hardware Holdings, Inc common stock in a research note on Tuesday, March 27th. Two research analysts have rated the stock with a sell rating, eight have issued a hold rating and ten have assigned a buy rating to the company. Restoration Hardware Holdings, Inc common stock presently has an average rating of “Hold” and a consensus price target of $94.62.

In other news, Director Mark S. Demilio sold 11,100 shares of the stock in a transaction on Monday, April 2nd. The shares were sold at an average price of $95.46, for a total value of $1,059,606.00. Following the transaction, the director now owns 9,766 shares of the company’s stock, valued at approximately $932,262.36. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. Also, insider Karen Boone sold 15,000 shares of the stock in a transaction on Monday, May 21st. The stock was sold at an average price of $104.12, for a total transaction of $1,561,800.00. Following the completion of the transaction, the insider now directly owns 28,211 shares in the company, valued at approximately $2,937,329.32. The disclosure for this sale can be found here. Insiders have sold a total of 66,100 shares of company stock worth $6,338,306 in the last ninety days. 29.70% of the stock is currently owned by insiders.

Restoration Hardware Holdings, Inc common stock 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, bath ware, 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.

Earnings History for Restoration Hardware Holdings, Inc common stock (NYSE:RH)

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