Restoration Hardware Holdings Inc. (NYSE:RH) – Equities researchers at KeyCorp lifted their Q3 2018 EPS estimates for Restoration Hardware Holdings in a research note issued to investors on Wednesday. KeyCorp analyst B. Thomas now anticipates that the company will post earnings of $0.78 per share for the quarter, up from their prior forecast of $0.48. KeyCorp has a “Sector Weight” rating on the stock. KeyCorp also issued estimates for Restoration Hardware Holdings’ Q4 2018 earnings at $1.46 EPS.

Several other analysts have also recently weighed in on the company. Deutsche Bank AG cut Restoration Hardware Holdings from a “buy” rating to a “hold” rating and set a $80.00 price target on the stock. in a report on Friday, July 21st. BidaskClub cut Restoration Hardware Holdings from a “strong-buy” rating to a “buy” rating in a report on Tuesday, July 25th. Citigroup Inc. cut Restoration Hardware Holdings from a “buy” rating to a “neutral” rating and boosted their price target for the stock from $63.00 to $76.00 in a report on Monday, July 24th. Cowen and Company restated a “market perform” rating and set a $61.00 price target (up from $44.00) on shares of Restoration Hardware Holdings in a report on Thursday, September 7th. Finally, Piper Jaffray Companies boosted their price target on Restoration Hardware Holdings from $43.00 to $71.00 and gave the stock a “neutral” rating in a report on Thursday, September 7th. Two analysts have rated the stock with a sell rating, thirteen have issued a hold rating and six have given a buy rating to the company. Restoration Hardware Holdings has a consensus rating of “Hold” and a consensus price target of $59.55.

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Shares of Restoration Hardware Holdings (NYSE RH) traded up 2.53% during midday trading on Monday, reaching $72.96. 948,408 shares of the company’s stock were exchanged. The stock has a market cap of $2.42 billion, a PE ratio of 190.99 and a beta of 1.53. The company’s 50 day moving average is $56.72 and its 200-day moving average is $52.15. Restoration Hardware Holdings has a 12 month low of $24.41 and a 12 month high of $79.91.

Restoration Hardware Holdings (NYSE:RH) last issued its quarterly earnings data on Wednesday, September 6th. The company reported $0.65 EPS for the quarter, topping analysts’ consensus estimates of $0.47 by $0.18. The company had revenue of $615.30 million for the quarter, compared to the consensus estimate of $606.38 million. During the same period in the prior year, the company earned $0.44 EPS. The firm’s revenue was up 13.2% compared to the same quarter last year.

Hedge funds have recently made changes to their positions in the stock. Public Employees Retirement System of Ohio lifted its stake in Restoration Hardware Holdings by 12.6% in the first quarter. Public Employees Retirement System of Ohio now owns 2,286 shares of the company’s stock valued at $106,000 after buying an additional 255 shares during the period. Flinton Capital Management LLC lifted its stake in Restoration Hardware Holdings by 41.4% in the second quarter. Flinton Capital Management LLC now owns 1,584 shares of the company’s stock valued at $102,000 after buying an additional 464 shares during the period. Riverhead Capital Management LLC lifted its stake in Restoration Hardware Holdings by 58.2% in the second quarter. Riverhead Capital Management LLC now owns 1,898 shares of the company’s stock valued at $122,000 after buying an additional 698 shares during the period. Sei Investments Co. lifted its stake in Restoration Hardware Holdings by 36.7% in the first quarter. Sei Investments Co. now owns 2,720 shares of the company’s stock valued at $126,000 after buying an additional 730 shares during the period. Finally, PNC Financial Services Group Inc. lifted its stake in Restoration Hardware Holdings by 59.1% in the first quarter. PNC Financial Services Group Inc. now owns 3,575 shares of the company’s stock valued at $166,000 after buying an additional 1,328 shares during the period. Institutional investors and hedge funds own 95.53% of the company’s stock.

About Restoration Hardware Holdings

RH, formerly Restoration Hardware Holdings, Inc, is a retailer in the home furnishings marketplace. As of January 28, 2017, the Company had two segments: RH Segment and Waterworks. It offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings.

Earnings History and Estimates for Restoration Hardware Holdings (NYSE:RH)

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