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 has authorized a share buyback program on Sunday, June 4th 2017, which allows the company to buyback $700,000,000.00 in outstanding shares, according to EventVestor. This buyback authorization allows the company to reacquire up to 37.6% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

Restoration Hardware Holdings Inc. (NYSE:RH) announced its earnings results on Thursday, June, 1st. The company reported $0.05 EPS for the quarter, meeting the Zacks' consensus estimate of $0.05. The business earned $562.10 million during the quarter, compared to analyst estimates of $560.30 million. Restoration Hardware Holdings had a return on equity of 6.42% and a net margin of 0.66%. The business's revenue was up 23.4% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.05) EPS. View Restoration Hardware Holdings' Earnings History.

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

Restoration Hardware Holdings updated its second quarter earnings guidance on Friday, July, 14th. The company provided EPS guidance of $0.43-0.50 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.42. The company issued revenue guidance of $595-610 million, compared to the consensus revenue estimate of $604.73 million.

17 analysts have issued 1-year price targets for Restoration Hardware Holdings' shares. Their forecasts range from $32.00 to $80.00. On average, they expect Restoration Hardware Holdings' stock price to reach $54.87 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 shares widely outperformed the industry to which it belongs, year to date. The company’s efforts to redesign its supply chain network, rationalize product offerings and the Waterworks acquisition are expected to boost growth. Initiatives like RH Modern, RH Teen, RH Hospitality, the redesign of RH Interiors Source Book, the rollout of Design Ateliers across the company’s retail Galleries are expected to contribute to growth in 2017 and beyond. Though RH’s plans to rationalize product offering, reduce inventories and boost free cash flow will drive revenues and cash flow, it is expected to dent earnings in 2017. Also, higher dependence on imports makes it vulnerable to uncertain macro conditions." (8/16/2017)
• 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 Penske Automotive Group (PAG), Tempur Sealy International (TPX), Sprouts Farmers Market (SFM), Aaron's, (AAN), Dick's Sporting Goods (DKS), Jack In The Box (JACK), Papa John's International (PZZA), Performance Food Group Company (PFGC), Five Below (FIVE), Sally Beauty Holdings (SBH), Lithia Motors (LAD), Dave & Buster's Entertainment (PLAY), PriceSmart (PSMT), Beacon Roofing Supply (BECN), Rite Aid Corporation (RAD), Urban Outfitters (URBN), Big Lots (BIG) and Office Depot (ODP).

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 investors 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, Eri Chaya, 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 purchased 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 $49.65.