Wall Street analysts predict that Restoration Hardware Holdings, Inc (NYSE:RH) will announce $582.95 million in sales for the current quarter, according to Zacks Investment Research. Nine analysts have issued estimates for Restoration Hardware’s earnings. The highest sales estimate is $586.40 million and the lowest is $574.13 million. Restoration Hardware reported sales of $557.41 million in the same quarter last year, which would suggest a positive year over year growth rate of 4.6%. The firm is expected to announce its next earnings report after the market closes on Wednesday, June 12th.

On average, analysts expect that Restoration Hardware will report full-year sales of $2.61 billion for the current fiscal year, with estimates ranging from $2.59 billion to $2.63 billion. For the next year, analysts forecast that the business will post sales of $2.82 billion, with estimates ranging from $2.77 billion to $2.95 billion. Zacks Investment Research’s sales calculations are an average based on a survey of sell-side analysts that that provide coverage for Restoration Hardware.

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, topping the consensus estimate of $2.83 by $0.17. Restoration Hardware had a net margin of 6.01% and a return on equity of 522.94%. The firm had revenue of $671.00 million for the quarter, compared to analysts’ expectations of $686.44 million. During the same quarter last year, the business earned $1.69 earnings per share. The business’s revenue was up .1% on a year-over-year basis.

Several research analysts have recently issued reports on the stock. Gordon Haskett upgraded shares of Restoration Hardware from a “reduce” rating to a “hold” rating and set a $86.50 target price on the stock in a report on Tuesday, June 4th. Zacks Investment Research cut shares of Restoration Hardware from a “hold” rating to a “sell” rating and set a $92.00 target price on the stock. in a report on Thursday, May 30th. Bank of America cut their target price on shares of Restoration Hardware from $85.00 to $75.00 and set an “underperform” rating on the stock in a report on Tuesday, May 28th. ValuEngine cut shares of Restoration Hardware from a “hold” rating to a “sell” rating in a report on Monday, May 13th. Finally, Wolfe Research lowered Restoration Hardware from an “outperform” rating to a “market perform” rating in a research note on Monday, April 1st. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and nine have given a buy rating to the stock. The company has a consensus rating of “Hold” and a consensus target price of $142.75.

Shares of Restoration Hardware stock traded up $1.64 on Friday, hitting $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. Restoration Hardware has a one year low of $84.11 and a one year high of $162.10. The stock has a market capitalization of $1.72 billion, a price-to-earnings ratio of 11.11, a P/E/G ratio of 0.85 and a beta of 1.64.

A hedge fund recently bought a new stake in Restoration Hardware stock. Hodges Capital Management Inc. acquired a new stake in shares of Restoration Hardware Holdings, Inc (NYSE:RH) in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 3,807 shares of the company’s stock, valued at approximately $456,000.

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, 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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