RH (NYSE:RH) – Stock analysts at Oppenheimer Holdings raised their Q3 2018 earnings per share (EPS) estimates for RH in a research note issued on Thursday. Oppenheimer Holdings analyst B. Nagel now expects that the brokerage will earn $0.36 per share for the quarter, up from their prior forecast of $0.32. Oppenheimer Holdings has a “Hold” rating on the stock. Oppenheimer Holdings also issued estimates for RH’s Q4 2018 earnings at $0.88 EPS and FY2018 earnings at $1.78 EPS.
A number of other equities analysts also recently issued reports on RH. CIBC reiterated a “hold” rating on shares of RH in a research note on Friday. Guggenheim reiterated a “buy” rating and set a $45.00 price objective on shares of RH in a research note on Thursday. Vetr downgraded shares of RH from a “hold” rating to a “sell” rating and set a $33.50 price objective on the stock. in a research note on Monday, March 20th. Deutsche Bank AG reiterated a “hold” rating on shares of RH in a research note on Saturday, March 11th. Finally, Piper Jaffray Companies assumed coverage on shares of RH in a research note on Friday, March 3rd. They set a “neutral” rating and a $35.00 price objective on the stock. Two analysts have rated the stock with a sell rating, twelve have issued a hold rating and five have issued a buy rating to the stock. The stock has a consensus rating of “Hold” and an average price target of $38.09.
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RH (NYSE:RH) opened at 36.93 on Friday. RH has a one year low of $24.41 and a one year high of $46.87. The stock has a market capitalization of $1.51 billion, a price-to-earnings ratio of 51.72 and a beta of 1.57. The company has a 50-day moving average of $30.75 and a 200-day moving average of $31.58.
RH (NYSE:RH) last announced its quarterly earnings data on Thursday, February 23rd. The company reported $0.68 earnings per share for the quarter, topping analysts’ consensus estimates of $0.66 by $0.02. RH had a net margin of 1.33% and a return on equity of 7.09%.
A number of large investors have recently made changes to their positions in RH. Advisory Services Network LLC increased its stake in shares of RH by 7.6% in the third quarter. Advisory Services Network LLC now owns 4,250 shares of the company’s stock valued at $147,000 after buying an additional 300 shares during the period. Advisor Group Inc. increased its stake in shares of RH by 12.8% in the third quarter. Advisor Group Inc. now owns 5,908 shares of the company’s stock valued at $203,000 after buying an additional 672 shares during the period. Spears Abacus Advisors LLC purchased a new stake in shares of RH during the third quarter valued at $213,000. Cipher Capital LP purchased a new stake in shares of RH during the fourth quarter valued at $214,000. Finally, Fiera Capital Corp purchased a new stake in shares of RH during the fourth quarter valued at $236,000.
RH Company Profile
RH, formerly Restoration Hardware Holdings, Inc, is a luxury retailer in the home furnishings marketplace. The Company offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings. The Company classifies its sales into furniture and non-furniture product lines.
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