Why Restoration Hardware Holdings Inc. (NYSE:RH) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $40.07 on Restoration Hardware Holdings Inc. (NYSE:RH) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.67 for the next fiscal and $N/A for underway quarter. Valuation Estimates Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Restoration Hardware Holdings Inc. (NYSE:RH) stands at 15.40. Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Restoration Hardware Holdings I, the PEG ratio for coming 3-5 years is 0.80. Technical Analysis The technical analysis highlights that Restoration Hardware Holdings I current price is trading $-7.49 points away -22.37% from $33.48, which stands as the 50-day moving average of the firm. The stock’s 200-day MA is $50.83 and, for now, the stock price is trading $-24.84 or -48.87% away from that point. The 52-week high of Restoration Hardware Holdings Inc. (NYSE:RH) was $106.49 while lowest point recorded in 52-week was $24.75. It implies if stock price makes a movement of over $-80.50, it will record a new 52-week high. In the case of $+5.01% points drop, it will touch a new 52-week low.

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