Live Stock Coverage: Could Restoration Hardware Holdings Inc See a Reversal After This Very Weak Session?

Live Stock Coverage: Could Restoration Hardware Holdings Inc See a Reversal After This Very Weak Session?

The stock of Restoration Hardware Holdings Inc (NYSE:RH) is a huge mover today! About 1.65 million shares traded hands. Restoration Hardware Holdings Inc (NYSE:RH) has declined 12.48% since March 8, 2016 and is downtrending. It has underperformed by 21.80% the S&P500.
The move comes after 5 months negative chart setup for the $1.29 billion company. It was reported on Oct, 11 by Barchart.com. We have $29.33 PT which if reached, will make NYSE:RH worth $103.20M less.

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. 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) has “Sector Weight” rating given on Thursday, February 25 by KeyBanc Capital Markets. UBS maintained it with “Buy” rating and $50 target price in Wednesday, March 30 report. The stock of Restoration Hardware Holdings Inc (NYSE:RH) earned “Outperform” rating by Telsey Advisory Group on Thursday, February 25. On Thursday, June 9 the stock rating was downgraded by Raymond James to “Market Perform”. The firm has “Hold” rating by BB&T Capital given on Thursday, March 17. The firm earned “Outperform” rating on Friday, October 16 by Telsey Advisory Group. Telsey Advisory Group maintained it with “Market Perform” rating and $41 target price in Friday, September 9 report. The firm earned “Strong Buy” rating on Friday, February 26 by Raymond James. Longbow initiated the stock with “Buy” rating in Tuesday, May 10 report. The firm has “Underperform” rating given on Friday, March 18 by Buckingham Research.

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, décor, 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 1.09 in Q2 2016. Its up 0.35, from 0.74 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.
Pnc Financial Svcs Gp has 521 shares for 0% of their US portfolio. Holland Capital Mngmt Ltd Llc has invested 0.03% of its portfolio in Restoration Hardware Holdings Inc (NYSE:RH). Rhumbline Advisers holds 0.01% or 72,589 shares in its portfolio. Price T Rowe Assoc Md holds 4.96M shares or 0.03% of its portfolio. Prudential Financial holds 0% or 69,330 shares in its portfolio. Architects Incorporated accumulated 0.06% or 7,655 shares. Moreover, Envestnet Asset Mgmt has 0% invested in Restoration Hardware Holdings Inc (NYSE:RH) for 3,711 shares. Alliancebernstein L P holds 53,929 shares or 0% of its portfolio. Goldman Sachs Grp Incorporated, a New York-based fund reported 723,383 shares. Moreover, Joel Isaacson Company Limited Liability has 0% invested in Restoration Hardware Holdings Inc (NYSE:RH) for 200 shares. Nuveen Asset reported 17,681 shares or 0% of all its holdings. Wolverine Asset Limited Liability has 130,000 shares for 0.06% of their US portfolio. Moreover, Blackrock has 0% invested in Restoration Hardware Holdings Inc (NYSE:RH) for 22,344 shares. Putnam Invs Ltd reported 61,239 shares or 0% of all its holdings. Empyrean Cap Prtnrs Limited Partnership holds 700,000 shares or 0.91% of its portfolio.

Insider Transactions: Since July 15, 2016, the stock had 1 buying transaction, and 0 selling transactions for $908,208 net activity. Another trade for 32,918 shares valued at $908,208 was made by FRIEDMAN GARY G on Friday, July 15.

Another recent and important Restoration Hardware Holdings Inc (NYSE:RH) news was published by Investorplace.com which published an article titled: “Restoration Hardware Holdings Inc (RH) Pops on Williams-Sonoma, Inc. (WSM …” on September 29, 2016.

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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