Restoration Hardware (NYSE:RH) issued an update on its FY 2019 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $8.76-9.27 for the period, compared to the Thomson Reuters consensus estimate of $8.40. The company issued revenue guidance of $2.643-2.663 billion, compared to the consensus revenue estimate of $2.61 billion.

Shares of RH stock traded up $1.64 on Wednesday, reaching $94.89. The stock had a trading volume of 1,443,045 shares, compared to its average volume of 1,101,168. The company has a debt-to-equity ratio of 26.22, a quick ratio of 0.16 and a current ratio of 0.74. The stock has a market cap of $1.72 billion, a price-to-earnings ratio of 11.11, a PEG ratio of 0.85 and a beta of 1.64. Restoration Hardware has a 12 month low of $84.11 and a 12 month high of $162.10.

Restoration Hardware (NYSE:RH) last issued its earnings results on Thursday, March 28th. The company reported $3.00 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.83 by $0.17. The company had revenue of $671.00 million for the quarter, compared to analysts’ expectations of $686.44 million. Restoration Hardware had a net margin of 6.01% and a return on equity of 522.94%. Restoration Hardware’s quarterly revenue was up .1% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.69 EPS. Sell-side analysts predict that Restoration Hardware will post 8.33 EPS for the current fiscal year.

RH has been the topic of a number of research analyst reports. Zacks Investment Research cut shares of Restoration Hardware from a buy rating to a hold rating in a report on Tuesday, February 12th. Wedbush reaffirmed an outperform rating and issued a $160.00 target price on shares of Restoration Hardware in a report on Monday, March 18th. Evercore ISI began coverage on shares of Restoration Hardware in a report on Wednesday, March 20th. They issued an in-line rating and a $145.00 target price on the stock. Wells Fargo & Co reiterated a buy rating and issued a $175.00 price target on shares of Restoration Hardware in a research note on Thursday, March 21st. Finally, Deutsche Bank lowered shares of Restoration Hardware from a buy rating to a hold rating and decreased their price target for the company from $185.00 to $124.00 in a research note on Friday, March 29th. Three equities research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have issued a buy rating to the company’s stock. The company currently has an average rating of Hold and an average price target of $142.75.

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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, 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.

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

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