What’s Restoration Hardware Holdings Inc Upside After Today’s Bullish Options Activity?

 What's Restoration Hardware Holdings Inc Upside After Today's Bullish Options Activity?

In today’s session Restoration Hardware Holdings Inc (RH) registered an unusually high (2,615) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the January, 2017 call, expecting serious RH increase. With 2,615 contracts traded and 19674 open interest for the Jan, 17 contract, it seems this is a quite bullish bet. The option with symbol: RH170120C00035000 closed last at: $1.25 or 13.6% up. About 261,576 shares traded hands. Restoration Hardware Holdings Inc (NYSE:RH) has declined 32.69% since April 1, 2016 and is downtrending. It has underperformed by 33.91% the S&P500.

Restoration Hardware Holdings Inc (NYSE:RH) Ratings Coverage

Out of 17 analysts covering Restoration Hardware Holdings (NYSE:RH), 5 rate it a “Buy”, 0 “Sell”, while 12 “Hold”. This means 29% are positive. $119 is the highest target while $28 is the lowest. The $52.67 average target is 84.48% above today’s ($28.55) stock price. Restoration Hardware Holdings has been the topic of 41 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The rating was downgraded by Zacks on Tuesday, September 1 to “Buy”. Deutsche Bank maintained Restoration Hardware Holdings Inc (NYSE:RH) on Wednesday, March 30 with “Buy” rating. The rating was maintained by Deutsche Bank on Thursday, February 4 with “Buy”. On Friday, October 7 the stock rating was upgraded by Buckingham Research to “Neutral”. The firm has “Outperform” rating by Telsey Advisory Group given on Thursday, February 25. The stock of Restoration Hardware Holdings Inc (NYSE:RH) has “Market Perform” rating given on Thursday, June 9 by Telsey Advisory Group. The stock of Restoration Hardware Holdings Inc (NYSE:RH) earned “Buy” rating by UBS on Monday, November 9. The firm earned “Neutral” rating on Thursday, June 9 by Goldman Sachs. The firm has “Hold” rating by Deutsche Bank given on Tuesday, June 28. The company was maintained on Wednesday, March 30 by Nomura.

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, décor, 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.”

Insitutional Activity: The institutional sentiment increased to 1.09 in Q2 2016. Its up 0.35, from 0.74 in 2016Q1. The ratio increased, as 57 funds sold all Restoration Hardware Holdings Inc shares owned while 45 reduced positions. 56 funds bought stakes while 55 increased positions. They now own 41.77 million shares or 7.46% more from 38.87 million shares in 2016Q1.
Douglass Winthrop Advsrs Limited Liability Co has invested 0.03% of its portfolio in Restoration Hardware Holdings Inc (NYSE:RH). Forward Mgmt Limited Liability Corp holds 0% of its portfolio in Restoration Hardware Holdings Inc (NYSE:RH) for 225 shares. Citadel Limited Com holds 0% or 113,540 shares in its portfolio. Nokota Mngmt Lp reported 576,488 shares or 0.62% of all its holdings. Joel Isaacson Limited Liability Com last reported 200 shares in the company. Royal Fincl Bank Of Canada reported 47,646 shares or 0% of all its holdings. Bnp Paribas Arbitrage reported 16,834 shares or 0% of all its holdings. Oakworth reported 295 shares or 0% of all its holdings. Waddell And Reed Inc accumulated 0.01% or 176,600 shares. Brandywine Lc last reported 0% of its portfolio in the stock. Capital Rech Invsts has 0% invested in the company for 198,000 shares. Granite Prtn Lc has 23,984 shares for 0.05% of their US portfolio. National Bank & Trust Of New York Mellon last reported 843,103 shares in the company. Barclays Public Limited Co has 0% invested in the company for 107,808 shares. Bluecrest Capital Mgmt Limited holds 16,569 shares or 0.02% of its portfolio.

Insider Transactions: Since July 15, 2016, the stock had 1 insider purchase, and 0 selling transactions for $908,208 net activity. The insider FRIEDMAN GARY G bought $908,208.

Restoration Hardware Holdings, Inc. is a luxury retailer in the home furnishings marketplace. The company has a market cap of $1.18 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 25.64 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.

RH Company Profile

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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