In today’s session Restoration Hardware Holdings Inc (RH) registered an unusually high (631) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious RH increase. With 631 contracts traded and 204 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: RH161216C00038000 closed last at: $2.25 or 36.4% up. About 116,967 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 earnings per share, down 75.38% or $0.49 from last year’s $0.65 per share. RH’s profit will be $6.39 million for 56.77 P/E if the $0.16 EPS becomes a reality. After $0.38 actual earnings per share reported by Restoration Hardware Holdings Inc for the previous quarter, Wall Street now forecasts -57.89% negative EPS growth.
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 44.98% above today’s ($36.33) stock price. Restoration Hardware Holdings has been the topic of 41 analyst reports since July 31, 2015 according to StockzIntelligence Inc. The stock of Restoration Hardware Holdings Inc (NYSE:RH) earned “Neutral” rating by Goldman Sachs on Thursday, June 9. Telsey Advisory Group maintained Restoration Hardware Holdings Inc (NYSE:RH) on Friday, September 9 with “Market Perform” rating. On Monday, October 12 the stock rating was upgraded by Wolfe Research to “Outperform”. The firm has “Outperform” rating by Telsey Advisory Group given on Friday, October 16. The company was maintained on Thursday, September 1 by Telsey Advisory Group. The firm has “Buy” rating by Longbow given on Tuesday, May 10. The company was downgraded on Thursday, June 9 by Deutsche Bank. The firm has “Neutral” rating by Longbow given on Thursday, June 9. Nomura maintained the shares of RH in a report on Thursday, February 25 with “Buy” rating. The rating was maintained by Deutsche Bank on Friday, September 9 with “Hold”.
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.”
Insitutional Activity: The institutional sentiment increased to 1.3 in Q2 2016. Its up 0.21, from 1.09 in 2016Q1. The ratio is positive, 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.
The New York-based Metropolitan Life Communications Ny has invested 0.01% in Restoration Hardware Holdings Inc (NYSE:RH). Evercore Wealth Lc, a New York-based fund reported 670 shares. Tower Rech Capital Ltd Co (Trc) accumulated 12,585 shares or 0.03% of the stock. Jefferies Gp Lc reported 98,400 shares or 0.01% of all its holdings. Arizona State Retirement System accumulated 0.01% or 16,800 shares. The New York-based Fincl Bank Of New York Mellon has invested 0.01% in Restoration Hardware Holdings Inc (NYSE:RH). The New York-based State Common Retirement Fund has invested 0% in Restoration Hardware Holdings Inc (NYSE:RH). Adell Harriman Carpenter last reported 7,507 shares in the company. Citadel Advsr Llc holds 113,540 shares or 0% of its portfolio. Great West Life Assurance Can reported 111,723 shares or 0.02% of all its holdings. Hap Trading Ltd Llc has 49,325 shares for 0.08% of their US portfolio. Oregon Public Employees Retirement Fund accumulated 12,684 shares or 0.01% of the stock. Barrow Hanley Mewhinney And Strauss Limited Company accumulated 1.86M shares or 0.08% of the stock. Fny Managed Accounts Limited Liability Corp has 0% invested in the company for 2,500 shares. California State Teachers Retirement Sys holds 0.01% or 81,165 shares in its portfolio.
Insider Transactions: Since July 15, 2016, the stock had 1 buying transaction, and 0 insider sales for $908,208 net activity. FRIEDMAN GARY G bought $908,208 worth of Restoration Hardware Holdings Inc (NYSE:RH) on Friday, July 15.
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 32.63 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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