Restoration Hardware (NYSE:RH) had its price objective hoisted by Wells Fargo & Co from $145.00 to $175.00 in a report issued on Tuesday morning, The Fly reports. Wells Fargo & Co currently has an outperform rating on the stock.

Other analysts have also recently issued reports about the stock. JPMorgan Chase & Co. raised their price target on shares of Restoration Hardware to $180.00 in a report on Tuesday. They noted that the move was a valuation call. Gordon Haskett upgraded shares of Restoration Hardware from a hold rating to an accumulate rating and lowered their price target for the company from $135.00 to $58.00 in a report on Tuesday, August 28th. Loop Capital lifted their target price on shares of Restoration Hardware to $200.00 and gave the stock an average rating in a research note on Tuesday. Stifel Nicolaus upgraded shares of Restoration Hardware from a hold rating to a buy rating and lifted their target price for the stock from $142.00 to $150.00 in a research note on Friday, October 12th. Finally, Zacks Investment Research upgraded shares of Restoration Hardware from a hold rating to a buy rating and set a $152.00 target price for the company in a research note on Wednesday, September 26th. One analyst has rated the stock with a sell rating, eight have issued a hold rating and twelve have given a buy rating to the company’s stock. The company presently has a consensus rating of Buy and a consensus target price of $152.28.

NYSE:RH opened at $137.01 on Tuesday. Restoration Hardware has a fifty-two week low of $74.50 and a fifty-two week high of $164.49. The stock has a market capitalization of $3.02 billion, a PE ratio of 44.92, a PEG ratio of 0.81 and a beta of 2.04. The company has a current ratio of 0.80, a quick ratio of 0.17 and a debt-to-equity ratio of 26.22.

Restoration Hardware (NYSE:RH) last released its quarterly earnings results on Monday, December 3rd. The company reported $1.73 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.46. Restoration Hardware had a net margin of 4.58% and a return on equity of 404.46%. The business had revenue of $636.60 million for the quarter, compared to analysts’ expectations of $632.25 million. During the same period last year, the business earned $1.04 EPS. The company’s revenue was up 7.4% compared to the same quarter last year. As a group, equities research analysts forecast that Restoration Hardware will post 8.01 EPS for the current year.

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

A hedge fund recently raised its stake in Restoration Hardware stock. BNP Paribas Arbitrage SA raised its holdings in shares of Restoration Hardware Holdings, Inc (NYSE:RH) by 24.6% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 17,238 shares of the company’s stock after acquiring an additional 3,403 shares during the period. BNP Paribas Arbitrage SA owned approximately 0.08% of Restoration Hardware worth $2,408,000 at the end of the most recent quarter.

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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Analyst Recommendations for Restoration Hardware (NYSE:RH)

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