|Bid||0.00 x 100|
|Ask||0.00 x 100|
|Day's Range||110.02 - 117.29|
|52 Week Range||74.50 - 164.49|
|Beta (3Y Monthly)||2.59|
|PE Ratio (TTM)||26.44|
|Earnings Date||Dec 3, 2018 - Dec 7, 2018|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||154.83|
Restoration Hardware (RH) closed the most recent trading day at $125.39, moving +0.24% from the previous trading session.
Lowe's Cos. and RH were both downgraded to hold from accumulate at Gordon Haskett Research Advisors on concerns about the slowing housing market. On Lowe's, analysts emphasize that they view the home improvement retailer's third-quarter results and new chief executive, Marvin Ellison, "positively." However, there's "uncertainty around the housing backdrop/expectation for slowing remodeling activity in the near term," the report said. Gordon Haskett prefers Home Depot Inc. , which they say is "investing offensively and better positioned to navigate a potentially choppy backdrop." In addition to the slowing housing market, analysts led by Chuck Grom say that the RH customer is likely to be impacted by market volatility. RH is a luxury furniture seller and Gordon Haskett has "a hard time envisioning a high-end backdrop that improves from current levels." Lowe's shares have gained nearly 8% for the year to date while RH shares have rallied 49.3% for the period. Gordon Haskett also downgraded Nordstrom Inc. to reduce based on valuation. Nordstrom shares are up 41.6% for 2018 to date. The S&P 500 index is up 5.3% for the year so far.
NEW YORK , Nov. 7, 2018 /PRNewswire/ -- Purcell Julie & Lefkowitz LLP, a class action law firm dedicated to representing shareholders nationwide, is investigating a potential breach of fiduciary duty claim ...
The Zacks Analyst Blog Highlights: AVX, RH, Herbalife Nutrition, Lumentum Holdings and Methanex
Restoration Hardware (RH) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
"Most retail stores are archaic windowless boxes that lack any sense of humanity," said RH CEO Gary Friedman. "That’s why we don’t build retail stores."
Trumpeter Roy Hargrove, a prolific player who provided his jazz sound to records across a vast range of styles and won two Grammys, has died at age 49.
Wayfair (W) announced its third-quarter results on November 1. The third-quarter adjusted EPS of -$1.28 were lower than the -$1.09 analysts projected as well as Wayfair’s adjusted EPS of -$0.65 reported in the same quarter last year. Ongoing investments including logistics and international expansion could continue to dent the company’s profitability and bottom line in the near term. On a reported basis, adjusted EPS were -$1.69 as against -$0.88 reported in the third quarter of 2017.
On November 1, Wayfair (W) stock fell 12.8% to $96.16 following its third-quarter results. The adjusted EPS of -$1.28 were lower than the consensus estimate of -$1.09 and the -$0.65 reported in the corresponding quarter last year. The bottom line remains pressured due to higher costs. Wayfair’s costs are unlikely to come down in the near term, as the company is still in the investment phase.
Moody's Investors Service, ("Moody's") has affirmed the ratings on seven classes in Morgan Stanley Bank of America Merrill Lynch Trust 2017-C34 as follows: Cl. A-1, Affirmed Aaa (sf); previously ...
The Zacks Analyst Blog Highlights: Archer-Daniels-Midland, Best Buy, Heidrick & Struggles International, Amedisys and RH
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
The Zacks Analyst Blog Highlights: RH, Tilly's, Movado Group, Boot Barn Holdings and Casey's General Stores
Online furniture retailer Wayfair’s (W) stock price has risen 44.1% YTD (year-to-date) to $115.66 as of October 25. In comparison, home decor retailers RH (RH) and Williams-Sonoma (WSM) have risen 27.4% and ~10.0%, respectively, this year. Wayfair is scheduled to report its third-quarter earnings results on November 1.
Wall Street analysts expect Wayfair (W) to report revenue of $1.67 billion in the third quarter, representing a 39.0% YoY (year-over-year) rise. On a YoY basis, its direct retail revenue is expected to reach $1.61 billion–$1.645 billion, reflecting 36.0%–39.0% growth. By segment, International direct retail revenue growth is expected to be 50.0%–60.0%, and US direct retail revenue growth is expected to be 34.0%–36.0%.
Ahead of Wayfair’s (W) upcoming third-quarter results, the majority of analysts remain on the sidelines in terms of its stock. On October 11, Morgan Stanley increased its price target for Wayfair to $125.00 from $105.00. Currently, analysts’ 12-month average target price for Wayfair stock is $129.52, which reflects a potential 12% upside to its stock price on October 25.
Moody's Investors Service ("Moody's") has affirmed the ratings on eight classes in Citigroup Commercial Mortgage Trust 2017-P8, Commercial Mortgage Pass-Through Certificates, Series 2017-P8 as ...