December 1, 2016 - By Louis Casey · 0 Comments
Restoration Hardware Holdings Inc (NYSE:RH) institutional sentiment increased to 1.3 in 2016 Q2. Its up 0.21, from 1.09 in 2016Q1. The ratio is positive, as 111 institutional investors started new and increased equity positions, while 102 cut down and sold holdings in Restoration Hardware Holdings Inc. The institutional investors in our partner’s database now possess: 41.77 million shares, up from 38.87 million shares in 2016Q1. Also, the number of institutional investors holding Restoration Hardware Holdings Inc in their top 10 equity positions increased from 0 to 1 for an increase of 1. Sold All: 57 Reduced: 45 Increased: 55 New Position: 56.
Restoration Hardware Holdings, Inc. is a luxury retailer in the home furnishings marketplace. The company has a market cap of $1.45 billion. The Firm offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings. It has a 32.68 P/E ratio. RH classifies its sales into furniture, including both indoor and outdoor furniture, and non-furniture, including lighting, textiles, accessories and home decor, product lines.
About 115,107 shares traded hands. Restoration Hardware Holdings Inc (NYSE:RH) has declined 18.18% since April 28, 2016 and is downtrending. It has underperformed by 24.11% the S&P500.
Analysts await Restoration Hardware Holdings Inc (NYSE:RH) to report earnings on December, 8. They expect $0.16 EPS, down 75.38% or $0.49 from last year’s $0.65 per share. RH’s profit will be $6.38 million for 56.86 P/E if the $0.16 EPS becomes a reality. After $0.38 actual EPS reported by Restoration Hardware Holdings Inc for the previous quarter, Wall Street now forecasts -57.89% negative EPS growth.
According to Zacks Investment Research, “Restoration Hardware Holdings, Inc. is a luxury brand in the home furnishings marketplace, offering product assortments across a number of categories, including furniture, lighting, textiles, bathware, dÃ©cor, outdoor and garden, as well as baby and child products. The Company’s business is integrated across its multiple channels of distribution, consists of its stores, catalogs and Websites. Restoration Hardware Holdings, Inc. is based in Corte Madera, California.”
Miura Global Management Llc holds 4.16% of its portfolio in Restoration Hardware Holdings Inc for 1.35 million shares. Hhr Asset Management Llc owns 1.65 million shares or 2.4% of their US portfolio. Moreover, Armistice Capital Llc has 1.4% invested in the company for 128,000 shares. The New York-based Ems Capital Lp has invested 1.37% in the stock. Cheyne Capital Management (Uk) Llp, a United Kingdom-based fund reported 56,000 shares.#img1#
Insider Transactions: Since January 1, 0001, the stock had 1 insider buy, and 0 sales for $908,208 net activity.
Ratings analysis reveals 29% of Restoration Hardware Holdings’s analysts are positive. Out of 17 Wall Street analysts rating Restoration Hardware Holdings, 5 give it “Buy”, 0 “Sell” rating, while 12 recommend “Hold”. The lowest target is $28 while the high is $119. The stock’s average target of $52.67 is 44.74% above today’s ($36.39) share price. RH was included in 41 notes of analysts from July 31, 2015. The company was upgraded on Friday, October 7 by Buckingham Research. The rating was initiated by Evercore with “Hold” on Friday, July 31. The stock of Restoration Hardware Holdings Inc (NYSE:RH) has “Outperform” rating given on Friday, October 16 by Telsey Advisory Group. The firm earned “Strong Buy” rating on Friday, February 26 by Raymond James. The firm has “Market Perform” rating by Telsey Advisory Group given on Thursday, June 9. The firm has “Buy” rating given on Tuesday, September 1 by Zacks. The rating was maintained by Telsey Advisory Group with “Market Perform” on Thursday, September 1. The firm earned “Buy” rating on Tuesday, May 10 by Longbow. The firm has “Neutral” rating by Robert W. Baird given on Thursday, February 25. As per Thursday, June 9, the company rating was downgraded by Deutsche Bank.
Restoration Hardware Holdings, Inc. (RH), incorporated on August 18, 2011, is a luxury retailer in the home furnishings marketplace. The Firm offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings. RH classifies its sales into furniture and non-furniture product lines. The Furniture category includes both indoor and outdoor furniture. The Non-furniture category includes lighting, textiles, accessories and home decor. The Firm produces a series of catalogs (Source Books), to showcase its merchandise assortment. The Company’s business is integrated across its channels of distribution, consisting of its stores, catalogs, including its Source Books, and Websites. The Firm operates a total of approximately 69 retail galleries, including 53 legacy Galleries, six larger format Design Galleries, four next generation Design Galleries, one RH Modern Gallery and five RH Baby & Child Galleries, as well as 17 outlet stores, across the United States and Canada.
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By Louis Casey