Media coverage about Restoration Hardware Holdings (NYSE:RH) has trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Restoration Hardware Holdings earned a coverage optimism score of 0.22 on Accern’s scale. Accern also gave media coverage about the company an impact score of 46.9224672622167 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock’s share price in the next few days.
These are some of the headlines that may have effected Accern’s scoring:
- Restoration Hardware Holdings Inc. (RH) Upgraded by Citigroup Inc. to Buy (americanbankingnews.com)
- Restoration Hardware Holdings Inc. (RH) Given Consensus Recommendation of “Hold” by Brokerages (americanbankingnews.com)
- Restoration Hardware Holdings Inc. (RH) Rating Reiterated by Telsey Advisory Group (americanbankingnews.com)
- Restoration Hardware Holdings Inc. (RH) Cut to Hold at Zacks Investment Research (americanbankingnews.com)
- MACD Oscillator Analysis for Restoration Hardware Holdings, Inc. (NYSE:RH) – The Oracle Examiner (oracleexaminer.com)
A number of brokerages have recently issued reports on RH. Telsey Advisory Group restated a “market perform” rating on shares of Restoration Hardware Holdings in a research note on Thursday. Oppenheimer Holdings, Inc. reiterated a “hold” rating on shares of Restoration Hardware Holdings in a research note on Thursday. Citigroup Inc. upgraded shares of Restoration Hardware Holdings from a “neutral” rating to a “buy” rating in a research note on Thursday. Zacks Investment Research lowered shares of Restoration Hardware Holdings from a “buy” rating to a “hold” rating in a research note on Wednesday. Finally, Buckingham Research reiterated a “buy” rating on shares of Restoration Hardware Holdings in a research note on Wednesday. Two analysts have rated the stock with a sell rating, thirteen have given a hold rating and seven have issued a buy rating to the stock. Restoration Hardware Holdings has a consensus rating of “Hold” and a consensus price target of $64.22.
Restoration Hardware Holdings (NYSE:RH) traded up $21.51 during trading on Thursday, hitting $104.81. 7,088,758 shares of the stock traded hands, compared to its average volume of 2,029,240. The company has a quick ratio of 0.27, a current ratio of 1.50 and a debt-to-equity ratio of -26.72. The company has a market capitalization of $2,220.00, a PE ratio of 56.49, a PEG ratio of 1.14 and a beta of 1.68. Restoration Hardware Holdings has a twelve month low of $24.41 and a twelve month high of $105.99.
Restoration Hardware Holdings (NYSE:RH) last posted its quarterly earnings data on Wednesday, September 6th. The company reported $0.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.47 by $0.18. The company had revenue of $615.30 million during the quarter, compared to the consensus estimate of $606.38 million. The company’s revenue was up 13.2% on a year-over-year basis. During the same quarter last year, the business earned $0.44 earnings per share. equities research analysts forecast that Restoration Hardware Holdings will post 2.6 earnings per share for the current year.
In related news, CEO Gary G. Friedman acquired 13,959 shares of the firm’s stock in a transaction dated Tuesday, September 26th. The stock was acquired at an average cost of $71.64 per share, for a total transaction of $1,000,022.76. Following the completion of the acquisition, the chief executive officer now directly owns 2,235,410 shares of the company’s stock, valued at approximately $160,144,772.40. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Gary G. Friedman acquired 14,000 shares of the firm’s stock in a transaction dated Thursday, September 14th. The stock was bought at an average price of $70.94 per share, with a total value of $993,160.00. Following the completion of the acquisition, the chief executive officer now directly owns 2,212,051 shares of the company’s stock, valued at $156,922,897.94. The disclosure for this purchase can be found here. Company insiders own 18.80% of the company’s stock.
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About Restoration Hardware Holdings
RH, formerly Restoration Hardware Holdings, Inc, is a retailer in the home furnishings marketplace. As of January 28, 2017, the Company had two segments: RH Segment and Waterworks. It offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings.
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