Stock of The Day: What Next for Restoration Hardware Holdings Inc Stock After Today’s Significant Increase?

Stock of The Day: What Next for Restoration Hardware Holdings Inc Stock After Today's Significant Increase?

The stock of Restoration Hardware Holdings Inc (NYSE:RH) is a huge mover today! About 912,473 shares traded hands. Restoration Hardware Holdings Inc (NYSE:RH) has declined 24.36% since April 14, 2016 and is downtrending. It has underperformed by 29.05% the S&P500.
The move comes after 8 months positive chart setup for the $1.34B company. It was reported on Nov, 16 by Barchart.com. We have $47.14 PT which if reached, will make NYSE:RH worth $509.20M more.

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. Restoration Hardware Holdings has been the topic of 41 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The rating was maintained by Nomura on Wednesday, March 30 with “Buy”. The stock has “Buy” rating given by Longbow on Tuesday, May 10. The stock of Restoration Hardware Holdings Inc (NYSE:RH) has “Neutral” rating given on Thursday, June 9 by Goldman Sachs. UBS maintained Restoration Hardware Holdings Inc (NYSE:RH) rating on Friday, September 9. UBS has “Neutral” rating and $38 price target. The stock of Restoration Hardware Holdings Inc (NYSE:RH) earned “Buy” rating by Deutsche Bank on Thursday, February 25. Evercore initiated it with “Hold” rating and $105 target price in Friday, July 31 report. The rating was maintained by Telsey Advisory Group on Thursday, September 1 with “Market Perform”. The stock of Restoration Hardware Holdings Inc (NYSE:RH) has “Buy” rating given on Thursday, December 17 by Guggenheim. The stock of Restoration Hardware Holdings Inc (NYSE:RH) has “Buy” rating given on Wednesday, March 30 by UBS. The company was downgraded on Thursday, February 25 by KeyBanc Capital Markets.

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 2016 Q2. 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.
Moreover, Nantahala Mngmt Ltd Liability Co has 0.85% invested in Restoration Hardware Holdings Inc (NYSE:RH) for 272,876 shares. Zurcher Kantonalbank (Zurich Cantonalbank) has 1,148 shares for 0% of their US portfolio. Fny Managed Accounts Ltd Limited Liability Company has 0% invested in the company for 2,500 shares. Schwab Charles Inv Management Inc reported 134,042 shares or 0% of all its holdings. Cheyne Capital (Uk) Llp holds 56,000 shares or 1.29% of its portfolio. Spot Trading Ltd Liability Corp last reported 0% of its portfolio in the stock. The Pennsylvania-based Smithfield Tru has invested 0% in Restoration Hardware Holdings Inc (NYSE:RH). Cim Inv Mangement, a Pennsylvania-based fund reported 14,704 shares. Ontario Teachers Pension Plan Board last reported 0% of its portfolio in the stock. Apriem Advsr has 0% invested in the company for 500 shares. Wellington Mngmt Ltd Liability Partnership, a Massachusetts-based fund reported 397,511 shares. Wolverine Asset Llc accumulated 130,000 shares or 0.06% of the stock. Raymond James Associates accumulated 14,127 shares or 0% of the stock. Teacher Retirement Of Texas has invested 0% of its portfolio in Restoration Hardware Holdings Inc (NYSE:RH). Hhr Asset Mgmt Ltd Liability holds 1.65 million shares or 2.4% of its portfolio.

Insider Transactions: Since July 15, 2016, the stock had 1 buying transaction, and 0 sales for $908,208 net activity. FRIEDMAN GARY G bought $908,208 worth of Restoration Hardware Holdings Inc (NYSE:RH) on Friday, July 15.

Another recent and important Restoration Hardware Holdings Inc (NYSE:RH) news was published by Businesswire.com which published an article titled: “RH Introduces a Fully Integrated Design Platform With the Launch of RH …” on November 07, 2016.

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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