Shares of Restoration Hardware Holdings, Inc (NYSE:RH) were up 10.1% during trading on Thursday . The stock traded as high as $120.16 and last traded at $118.62. Approximately 2,273,773 shares changed hands during mid-day trading, an increase of 109% from the average daily volume of 1,089,663 shares. The stock had previously closed at $107.75.

Several analysts have recently commented on RH shares. ValuEngine cut Restoration Hardware from a “strong-buy” rating to a “buy” rating in a research report on Monday, July 2nd. Loop Capital raised their target price on Restoration Hardware from $160.00 to $175.00 and gave the stock a “buy” rating in a research report on Tuesday, July 3rd. Citigroup raised their target price on Restoration Hardware from $170.00 to $176.00 and gave the stock a “buy” rating in a research report on Monday, July 9th. William Blair reaffirmed an “outperform” rating on shares of Restoration Hardware in a research report on Tuesday, August 14th. Finally, Gordon Haskett raised Restoration Hardware from a “hold” rating to an “accumulate” rating and decreased their target price for the stock from $135.00 to $58.00 in a research report on Tuesday, August 28th. One equities research analyst has rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the stock. The stock has a consensus rating of “Hold” and a consensus price target of $130.67.

The company has a debt-to-equity ratio of 4.99, a current ratio of 0.83 and a quick ratio of 0.17. The firm has a market capitalization of $2.83 billion, a PE ratio of 40.75, a price-to-earnings-growth ratio of 0.72 and a beta of 2.10.

Restoration Hardware (NYSE:RH) last announced its quarterly earnings data on Tuesday, September 4th. The company reported $2.05 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $1.75 by $0.30. Restoration Hardware had a return on equity of 520.85% and a net margin of 4.29%. The business had revenue of $642.00 million during the quarter, compared to analyst estimates of $660.89 million. During the same period last year, the company earned $0.65 earnings per share. Restoration Hardware’s quarterly revenue was up 3.7% compared to the same quarter last year. Sell-side analysts expect that Restoration Hardware Holdings, Inc will post 7.19 EPS for the current fiscal year.

In related news, CEO Gary G. Friedman bought 7,622 shares of the business’s stock in a transaction on Thursday, September 13th. The shares were bought at an average cost of $131.19 per share, for a total transaction of $999,930.18. Following the completion of the acquisition, the chief executive officer now directly owns 2,253,332 shares in the company, valued at $295,614,625.08. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Ali Rowghani sold 3,024 shares of the firm’s stock in a transaction dated Wednesday, September 12th. The shares were sold at an average price of $129.68, for a total value of $392,152.32. Following the transaction, the director now owns 6,953 shares in the company, valued at $901,665.04. The disclosure for this sale can be found here. 29.70% of the stock is currently owned by company insiders.

A number of hedge funds and other institutional investors have recently bought and sold shares of RH. Verition Fund Management LLC increased its stake in shares of Restoration Hardware by 16.2% in the first quarter. Verition Fund Management LLC now owns 3,926 shares of the company’s stock worth $374,000 after purchasing an additional 547 shares during the period. Profund Advisors LLC increased its stake in shares of Restoration Hardware by 24.6% in the first quarter. Profund Advisors LLC now owns 4,109 shares of the company’s stock worth $392,000 after purchasing an additional 810 shares during the period. Guggenheim Capital LLC increased its stake in shares of Restoration Hardware by 4.9% in the first quarter. Guggenheim Capital LLC now owns 20,818 shares of the company’s stock worth $1,983,000 after purchasing an additional 963 shares during the period. Legal & General Group Plc increased its stake in shares of Restoration Hardware by 2.9% in the first quarter. Legal & General Group Plc now owns 39,362 shares of the company’s stock worth $3,710,000 after purchasing an additional 1,101 shares during the period. Finally, Hancock Holding Co. increased its stake in shares of Restoration Hardware by 14.7% in the first quarter. Hancock Holding Co. now owns 11,726 shares of the company’s stock worth $1,117,000 after purchasing an additional 1,501 shares during the period.

About Restoration Hardware (NYSE:RH)

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, d├ęcor, 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: Penny Stocks

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.