ValuEngine Lowers Restoration Hardware (RH) to Sell

ValuEngine cut shares of Restoration Hardware (NYSE:RH) from a hold rating to a sell rating in a report published on Monday morning, ValuEngine reports.

Several other analysts also recently commented on RH. Wedbush reaffirmed an outperform rating and issued a $160.00 price objective on shares of Restoration Hardware in a report on Monday, March 18th. Cowen reaffirmed a market perform rating and issued a $120.00 price objective (down from $150.00) on shares of Restoration Hardware in a report on Friday, March 29th. Wolfe Research downgraded shares of Restoration Hardware from an outperform rating to a market perform rating in a report on Monday, April 1st. Evercore ISI started coverage on shares of Restoration Hardware in a report on Wednesday, March 20th. They issued an in-line rating and a $145.00 price objective on the stock. Finally, Citigroup dropped their price objective on shares of Restoration Hardware from $200.00 to $157.00 and set a buy rating on the stock in a report on Monday, April 1st. Three investment analysts have rated the stock with a sell rating, ten have given a hold rating and nine have assigned a buy rating to the company. The stock presently has a consensus rating of Hold and an average price target of $147.22.

NYSE RH opened at $98.94 on Monday. The company has a debt-to-equity ratio of 26.22, a current ratio of 0.74 and a quick ratio of 0.16. The company has a market cap of $2.00 billion, a P/E ratio of 11.59, a PEG ratio of 0.91 and a beta of 1.52. Restoration Hardware has a 52 week low of $94.31 and a 52 week high of $164.49.

Restoration Hardware (NYSE:RH) last posted its quarterly earnings data on Thursday, March 28th. The company reported $3.00 EPS for the quarter, topping the consensus estimate of $2.83 by $0.17. The firm had revenue of $671.00 million during the quarter, compared to analyst estimates of $686.44 million. Restoration Hardware had a net margin of 6.01% and a return on equity of 522.94%. Restoration Hardware’s revenue was up .1% on a year-over-year basis. During the same quarter in the previous year, the business posted $1.69 EPS. Research analysts forecast that Restoration Hardware will post 8.39 earnings per share for the current fiscal year.

A number of institutional investors have recently added to or reduced their stakes in the stock. Boston Advisors LLC increased its position in Restoration Hardware by 13.1% during the fourth quarter. Boston Advisors LLC now owns 34,103 shares of the company’s stock worth $4,087,000 after purchasing an additional 3,945 shares during the last quarter. Mason Street Advisors LLC increased its position in Restoration Hardware by 3.4% during the first quarter. Mason Street Advisors LLC now owns 5,996 shares of the company’s stock worth $617,000 after purchasing an additional 198 shares during the last quarter. Finally, Hodges Capital Management Inc. acquired a new stake in Restoration Hardware during the fourth quarter worth about $456,000.

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, décor, 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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