Restoration Hardware Holdings Company Profile (NYSE:RH)

Restoration Hardware Holdings trades on the New York Stock Exchange (NYSE) under the ticker symbol "RH."

Restoration Hardware Holdings announced that its Board of Directors has initiated a share repurchase program on Sunday, June 4th 2017, which permits the company to buyback $700,000,000.00 in shares, according to EventVestor. This buyback authorization permits the company to buy up to 37.6% of its stock through open market purchases. Stock buyback programs are generally a sign that the company's leadership believes its stock is undervalued.

Restoration Hardware Holdings Inc. (NYSE:RH) released its quarterly earnings data on Wednesday, September, 6th. The company reported $0.65 earnings per share for the quarter, topping the Thomson Reuters' consensus estimate of $0.47 by $0.18. The company earned $615.30 million during the quarter, compared to analyst estimates of $606.38 million. The firm's quarterly revenue was up 13.2% compared to the same quarter last year. During the same period last year, the firm posted $0.44 earnings per share. View Restoration Hardware Holdings' Earnings History.

Restoration Hardware Holdings is scheduled to release their next quarterly earnings announcement on Thursday, December, 14th 2017. View Earnings Estimates for Restoration Hardware Holdings.

Restoration Hardware Holdings issued an update on its FY18 earnings guidance on Wednesday, September, 6th. The company provided EPS guidance of $2.43-2.67 for the period, compared to the Thomson Reuters consensus estimate of $2.09. The company issued revenue guidance of $2.42-2.46 billion, compared to the consensus revenue estimate of $2.44 billion.Restoration Hardware Holdings also updated its Q3 guidance to $0.68-0.80 EPS.

17 equities research analysts have issued 1-year target prices for Restoration Hardware Holdings' shares. Their predictions range from $32.00 to $88.00. On average, they expect Restoration Hardware Holdings' share price to reach $62.30 in the next year. View Analyst Ratings for Restoration Hardware Holdings.

Here are some recent quotes from research analysts about Restoration Hardware Holdings stock:

• 1. According to Zacks Investment Research, "RH’s second-quarter fiscal 2017 earnings per share improved 47.7% from the prior-year quarter and surpassed the Zacks Consensus Estimate by 38.3%. Revenues increased 13.2%, beating the Zacks Consensus Estimate by 0.4%. Core RH Business, excluding outlet and Waterworks acquisition, increased 10% year over year. RH’s focus on executing its new business model, designing a new operating platform and maximizing cash flow by increasing revenues and earnings bode well. Adjusted operating margin expanded 30 basis points, and adjusted gross margin improved 40 basis points. The company’s efforts to redesign its supply chain network, rationalize product offerings and the Waterworks acquisition are expected to boost growth." (9/7/2017)
• 2. Guggenheim analysts commented, "Although RH announced preliminary 4Q results in late February ("RH-4Q 2016 Preliminary Results"), management plans to provide initial 2017 guidance on March 28, giving investors a first look into what we believe will represent a recovery year for the company. Importantly, despite the 21% YTD increase in RH shares (versus the S&P 500's 5% rise), we continue to view the risk/ reward as favorable given current valuation (7.4x our 2018E EBITDA) combined with our expectation for a return to 10%-plus secular EBITDA growth'a rare level of growth in today's challenging retail environment." (3/23/2017)

Some companies that are related to Restoration Hardware Holdings include Beacon Roofing Supply (BECN), Performance Food Group Company (PFGC), Lithia Motors (LAD), Five Below (FIVE), Jack In The Box (JACK), Aaron's, (AAN), PriceSmart (PSMT), Papa John's International (PZZA), Groupon (GRPN), Urban Outfitters (URBN), Sprouts Farmers Market (SFM), Rite Aid Corporation (RAD), Sally Beauty Holdings (SBH), American Eagle Outfitters (AEO), Office Depot (ODP), Dave & Buster's Entertainment (PLAY), Big Lots (BIG) and HSN (HSNI).

Restoration Hardware Holdings' management team includes the folowing people:

• Gary G. Friedman, Chairman of the Board, Chief Executive Officer
• Karen Boone, Co-President, Chief Financial Officer, Chief Administrative Officer
• Eri Chaya, Co-President, Director, Chief Creative and Merchandising Officer
• Mark S. Demilio, Lead Independent Director
• Keith C. Belling, Director
• Carlos E. Alberini, Independent Director
• Hilary K. Krane, Independent Director
• Kathleen C. Mitic, Independent Director

Restoration Hardware Holdings' stock is owned by many different of retail and institutional investors. Top institutional shareholders include LMM LLC (10.20%), Meeder Asset Management Inc. (0.08%), Blair William & Co. IL (0.06%), IFP Advisors Inc (0.01%), Riverhead Capital Management LLC (0.01%) and Flinton Capital Management LLC (0.00%). Company insiders that own Restoration Hardware Holdings stock include Carlos Alberini, Gary G Friedman, Karen Boone, Keith Belling and Kenneth J Dunaj. View Institutional Ownership Trends for Restoration Hardware Holdings.

Restoration Hardware Holdings' stock was sold by a variety of institutional investors in the last quarter, including Blair William & Co. IL, Meeder Asset Management Inc. and IFP Advisors Inc. View Insider Buying and Selling for Restoration Hardware Holdings.

Restoration Hardware Holdings' stock was acquired by a variety of institutional investors in the last quarter, including Riverhead Capital Management LLC and Flinton Capital Management LLC. Company insiders that have bought Restoration Hardware Holdings stock in the last two years include Gary G Friedman and Keith Belling. View Insider Buying and Selling for Restoration Hardware Holdings.

Shares of Restoration Hardware Holdings can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

One share of Restoration Hardware Holdings stock can currently be purchased for approximately $72.22.