Restoration Hardware Holdings Inc (NYSE:RH)‘s stock had its “buy” rating reissued by Guggenheim in a research note issued to investors on Monday, Marketbeat reports. They presently have a $100.00 target price on the stock. Guggenheim’s price target would suggest a potential upside of 61.81% from the company’s previous close.

Other institutional investors have recently modified their holdings of the company. Eagle Asset Management purchased a new position in shares of Restoration Hardware Holdings during the third quarter valued at about $43,740,000. Contravisory Investment Management purchased a new position in shares of Restoration Hardware Holdings during the fourth quarter valued at about $6,501,000. Harvey Capital Management Inc. boosted its position in shares of Restoration Hardware Holdings by 117.0% in the fourth quarter. Harvey Capital Management Inc. now owns 67,255 shares of the company’s stock valued at $5,343,000 after buying an additional 36,265 shares in the last quarter. Searle & Company purchased a new position in shares of Restoration Hardware Holdings during the fourth quarter valued at about $332,000. Finally, New England Research & Management purchased a new position in shares of Restoration Hardware Holdings during the fourth quarter valued at about $296,000.

Shares of Restoration Hardware Holdings (NYSE:RH) traded up 0.10% on Monday, reaching $61.86. The company’s stock had a trading volume of 1,012,936 shares. The company has a market capitalization of $2.50 billion and a price-to-earnings ratio of 26.05. Restoration Hardware Holdings has a 1-year low of $56.90 and a 1-year high of $106.49. The stock has a 50-day moving average price of $74.85 and a 200-day moving average price of $92.22.

Restoration Hardware Holdings (NYSE:RH) last issued its earnings results on Thursday, December 10th. The company reported $0.65 earnings per share for the quarter, topping the consensus estimate of $0.63 by $0.02. The business had revenue of $532.40 million for the quarter, compared to analyst estimates of $539.71 million. During the same period last year, the business posted $0.49 EPS. Restoration Hardware Holdings’s revenue was up 9.8% on a year-over-year basis. On average, equities research analysts forecast that Restoration Hardware Holdings will post $3.20 EPS for the current year.

Other equities research analysts have also issued research reports about the company. Nomura reissued a “buy” rating and set a $115.00 target price on shares of Restoration Hardware Holdings in a research report on Friday, December 11th. Sterne Agee CRT reissued a “buy” rating and set a $115.00 target price on shares of Restoration Hardware Holdings in a research report on Friday, December 11th. Goldman Sachs lowered Restoration Hardware Holdings from a “buy” rating to a “neutral” rating and set a $120.00 target price on the stock. in a research report on Friday, November 20th. Deutsche Bank restated a “hold” rating on shares of Restoration Hardware Holdings in a research note on Wednesday, December 9th. Finally, Piper Jaffray restated a “neutral” rating and set a $91.00 price target (down previously from $109.00) on shares of Restoration Hardware Holdings in a research note on Friday, December 11th. Six research analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company currently has an average rating of “Buy” and an average target price of $108.58.

In other news, COO Kenneth J. Dunaj sold 23,900 shares of the firm’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $103.04, for a total value of $2,462,656.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link.

Restoration Hardware Holdings, Inc. (NYSE:RH) is a holding company. The Company, together with its subsidiaries, is a luxury home furnishings retailer that offers various categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware and children’s furnishings. These products are sold through the Company’s stores, catalogs and Websites. The Company operated a total of approximately 67 retail stores and over 17 outlet stores in approximately 29 states, the District of Columbia and Canada, and had sourcing operations in Shanghai and Hong Kong. The Company’s retail stores are located primarily in upscale malls and street locations. The Company operates stores in Alabama, Arizona, California, Colorado, Connecticut, Florida, Massachusetts, Michigan, New York, Pennsylvania, Texas, Tennessee and British Columbia, among others. Its Websites, www.restorationhardware.com and www.rh.com, provide its customers to purchase its merchandise online.

12 Month Chart for NYSE:RH

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