Restoration Hardware (NYSE:RH) Receiving Somewhat Positive Media Coverage, Analysis Finds

Media coverage about Restoration Hardware (NYSE:RH) has been trending somewhat positive on Thursday, according to Accern. The research firm ranks the sentiment of media coverage by reviewing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Restoration Hardware earned a media sentiment score of 0.10 on Accern’s scale. Accern also gave news coverage about the company an impact score of 46.1740890025391 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.

Here are some of the media stories that may have impacted Accern’s rankings:

Restoration Hardware (NYSE RH) traded up $3.91 during trading hours on Thursday, reaching $95.39. 1,262,467 shares of the company were exchanged, compared to its average volume of 1,080,000. Restoration Hardware has a 52 week low of $24.41 and a 52 week high of $109.53. The company has a quick ratio of 0.28, a current ratio of 1.47 and a debt-to-equity ratio of -48.40. The company has a market cap of $2,030.00, a price-to-earnings ratio of 227.12, a P/E/G ratio of 0.92 and a beta of 1.70.

Restoration Hardware (NYSE:RH) last posted its quarterly earnings results on Tuesday, December 5th. The company reported $1.04 EPS for the quarter, meeting the Zacks’ consensus estimate of $1.04. Restoration Hardware had a net margin of 0.45% and a return on equity of 20.04%. The company had revenue of $592.50 million during the quarter, compared to analyst estimates of $592.46 million. During the same period in the prior year, the business posted $0.20 EPS. The firm’s revenue was up 7.9% compared to the same quarter last year. research analysts predict that Restoration Hardware will post 2.92 EPS for the current fiscal year.

Several equities research analysts have issued reports on RH shares. Zacks Investment Research lowered shares of Restoration Hardware from a “buy” rating to a “hold” rating in a report on Wednesday, November 15th. Deutsche Bank boosted their price objective on shares of Restoration Hardware from $100.00 to $100.00 and gave the stock a “buy” rating in a report on Tuesday, November 14th. Loop Capital boosted their price objective on shares of Restoration Hardware from $55.00 to $65.00 and gave the stock a “hold” rating in a report on Wednesday, October 11th. Barclays boosted their price objective on shares of Restoration Hardware from $65.00 to $120.00 and gave the stock an “equal weight” rating in a report on Wednesday, December 6th. Finally, Moffett Nathanson started coverage on shares of Restoration Hardware in a report on Monday, December 4th. They issued a “neutral” rating for the company. Three research analysts have rated the stock with a sell rating, twelve have given a hold rating, five have given a buy rating and one has issued a strong buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus price target of $77.18.

In other Restoration Hardware news, insider Karen Boone sold 22,000 shares of the business’s stock in a transaction on Thursday, December 14th. The shares were sold at an average price of $99.60, for a total transaction of $2,191,200.00. Following the transaction, the insider now directly owns 25,430 shares of the company’s stock, valued at approximately $2,532,828. The sale was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Gary G. Friedman acquired 10,300 shares of Restoration Hardware stock in a transaction on Tuesday, December 12th. The shares were bought at an average cost of $97.09 per share, for a total transaction of $1,000,027.00. Following the completion of the transaction, the chief executive officer now owns 2,245,710 shares in the company, valued at approximately $218,035,983.90. The disclosure for this purchase can be found here. Corporate insiders own 18.80% of the company’s stock.

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About Restoration Hardware

RH, formerly Restoration Hardware Holdings, Inc, is a retailer in the home furnishings marketplace. As of January 28, 2017, the Company had two segments: RH Segment and Waterworks. It offers merchandise assortments across a range of categories, including furniture, lighting, textiles, bathware, decor, outdoor and garden, tableware, and child and teen furnishings.

Insider Buying and Selling by Quarter for Restoration Hardware (NYSE:RH)

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