Brokerages expect At Home Group Inc (NYSE:HOME) to post $351.28 million in sales for the current fiscal quarter, according to Zacks Investment Research. Four analysts have provided estimates for At Home Group’s earnings, with the highest sales estimate coming in at $353.00 million and the lowest estimate coming in at $349.40 million. At Home Group posted sales of $293.67 million during the same quarter last year, which suggests a positive year-over-year growth rate of 19.6%. The company is scheduled to report its next earnings report on Thursday, March 28th.
On average, analysts expect that At Home Group will report full-year sales of $1.16 billion for the current year, with estimates ranging from $1.16 billion to $1.17 billion. For the next year, analysts expect that the business will report sales of $1.41 billion, with estimates ranging from $1.37 billion to $1.42 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that that provide coverage for At Home Group.
At Home Group (NYSE:HOME) last announced its earnings results on Thursday, December 6th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.15 by $0.03. At Home Group had a net margin of 2.64% and a return on equity of 7.27%. The company had revenue of $267.20 million for the quarter, compared to the consensus estimate of $265.38 million. During the same period in the previous year, the business earned $0.07 EPS. The company’s revenue was up 25.4% on a year-over-year basis.
Several analysts have issued reports on the stock. ValuEngine raised shares of At Home Group from a “sell” rating to a “hold” rating in a research note on Wednesday, December 12th. Zacks Investment Research downgraded shares of At Home Group from a “hold” rating to a “sell” rating in a research note on Wednesday, December 12th. Wells Fargo & Co dropped their price target on shares of At Home Group from $42.00 to $30.00 and set an “outperform” rating on the stock in a research note on Friday, December 7th. TheStreet downgraded shares of At Home Group from a “b-” rating to a “c+” rating in a research note on Tuesday, September 4th. Finally, Bank of America set a $43.00 price target on shares of At Home Group and gave the stock a “buy” rating in a research note on Thursday, September 20th. One research analyst has rated the stock with a sell rating, one has assigned a hold rating and eight have issued a buy rating to the company. The company has an average rating of “Buy” and an average target price of $37.44.
In other At Home Group news, Director Philip L. Francis acquired 10,883 shares of the firm’s stock in a transaction that occurred on Monday, December 10th. The stock was purchased at an average cost of $21.05 per share, for a total transaction of $229,087.15. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CFO Jeffrey R. Knudson acquired 4,993 shares of the firm’s stock in a transaction that occurred on Monday, December 10th. The stock was acquired at an average price of $20.28 per share, with a total value of $101,258.04. The disclosure for this purchase can be found here. Insiders bought 25,876 shares of company stock worth $595,345 over the last ninety days. 7.25% of the stock is currently owned by company insiders.
A number of large investors have recently modified their holdings of the stock. US Bancorp DE boosted its holdings in At Home Group by 116.1% during the second quarter. US Bancorp DE now owns 3,015 shares of the financial services provider’s stock valued at $118,000 after acquiring an additional 1,620 shares during the period. NumerixS Investment Technologies Inc bought a new stake in shares of At Home Group in the second quarter valued at about $156,000. Glenmede Trust Co. NA lifted its stake in shares of At Home Group by 56.4% in the third quarter. Glenmede Trust Co. NA now owns 4,980 shares of the financial services provider’s stock valued at $156,000 after buying an additional 1,795 shares during the period. Legal & General Group Plc lifted its stake in shares of At Home Group by 123.8% in the second quarter. Legal & General Group Plc now owns 4,311 shares of the financial services provider’s stock valued at $169,000 after buying an additional 2,385 shares during the period. Finally, Virtu Financial LLC acquired a new position in At Home Group in the third quarter worth about $210,000. Hedge funds and other institutional investors own 80.68% of the company’s stock.
Shares of NYSE:HOME opened at $16.68 on Wednesday. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.10 and a current ratio of 0.85. At Home Group has a 12-month low of $15.89 and a 12-month high of $40.97. The firm has a market cap of $1.06 billion, a price-to-earnings ratio of 21.95, a PEG ratio of 0.93 and a beta of 1.44.
At Home Group Company Profile
At Home Group Inc operates home decor superstores in the United States. The company’s stores offer approximately 50,000 items, such as accent furniture, mirrors, patio cushions, rugs and wall arts, artificial flowers and trees, bedding and bath products, candles, garden and outdoor décors, holiday accessories, home organization products, pillows, pottery, vases, and window treatments.
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