Brokerages predict that Restoration Hardware Holdings, Inc (NYSE:RH) will report sales of $694.11 million for the current fiscal quarter, according to Zacks. Nine analysts have provided estimates for Restoration Hardware’s earnings. The lowest sales estimate is $682.29 million and the highest is $750.94 million. Restoration Hardware posted sales of $670.30 million in the same quarter last year, which suggests a positive year over year growth rate of 3.6%. The company is expected to issue its next quarterly earnings results on Tuesday, March 26th.

According to Zacks, analysts expect that Restoration Hardware will report full year sales of $2.56 billion for the current fiscal year, with estimates ranging from $2.52 billion to $2.76 billion. For the next financial year, analysts anticipate that the business will post sales of $2.75 billion, with estimates ranging from $2.68 billion to $2.80 billion. Zacks’ sales averages are a mean average based on a survey of research analysts that follow Restoration Hardware.

Restoration Hardware (NYSE:RH) last announced its earnings results on Monday, December 3rd. The company reported $1.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.27 by $0.46. The firm had revenue of $636.60 million during the quarter, compared to analysts’ expectations of $632.25 million. Restoration Hardware had a return on equity of 404.46% and a net margin of 4.58%. The company’s revenue was up 7.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.04 earnings per share.

A number of equities research analysts have issued reports on the company. 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. William Blair reaffirmed an “outperform” rating on shares of Restoration Hardware in a research report on Tuesday, August 14th. Piper Jaffray Companies upped their target price on Restoration Hardware to $165.00 and gave the stock a “neutral” rating in a research report on Wednesday, September 5th. Stifel Nicolaus increased their price objective on Restoration Hardware from $125.00 to $142.00 and gave the company a “hold” rating in a research report on Wednesday, September 5th. Finally, Deutsche Bank increased their price objective on Restoration Hardware from $160.00 to $178.00 and gave the company a “buy” rating in a research report on Wednesday, September 5th. One research analyst has rated the stock with a sell rating, eight have given a hold rating and twelve have assigned a buy rating to the company’s stock. Restoration Hardware has an average rating of “Buy” and an average target price of $152.28.

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

An institutional investor recently raised its position in Restoration Hardware stock. Principal Financial Group Inc. lifted its position in Restoration Hardware Holdings, Inc (NYSE:RH) by 2.9% in the first quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 148,574 shares of the company’s stock after purchasing an additional 4,237 shares during the quarter. Principal Financial Group Inc. owned 0.70% of Restoration Hardware worth $14,156,000 at the end of the most recent reporting period.

Shares of Restoration Hardware stock opened at $137.01 on Wednesday. The company has a market cap of $3.02 billion, a price-to-earnings ratio of 44.92, a P/E/G ratio of 0.81 and a beta of 2.04. The company has a debt-to-equity ratio of 26.22, a current ratio of 0.80 and a quick ratio of 0.17. Restoration Hardware has a 12-month low of $74.50 and a 12-month high of $164.49.

About Restoration Hardware

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.

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

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