At Home Group Inc (HOME) Given Average Recommendation of “Buy” by Brokerages

Shares of At Home Group Inc (NYSE:HOME) have received a consensus rating of “Buy” from the eleven analysts that are covering the stock, MarketBeat.com reports. One analyst has rated the stock with a sell recommendation, one has given a hold recommendation and eight have assigned a buy recommendation to the company. The average 12 month price objective among brokerages that have covered the stock in the last year is $38.38.

A number of analysts recently commented on HOME shares. Goldman Sachs Group upgraded shares of At Home Group from a “neutral” rating to a “buy” rating and lowered their target price for the stock from $41.00 to $39.00 in a research note on Monday, October 1st. Zacks Investment Research cut shares of At Home Group from a “hold” rating to a “strong sell” rating in a research note on Wednesday, September 5th. TheStreet cut shares of At Home Group from a “b-” rating to a “c+” rating in a research note on Tuesday, September 4th. Bank of America set a $43.00 target price on shares of At Home Group and gave the stock a “buy” rating in a research note on Thursday, September 20th. Finally, Buckingham Research lowered their target price on shares of At Home Group from $43.00 to $37.00 and set a “buy” rating for the company in a research note on Wednesday, November 14th.

- Advertisement -

In other At Home Group news, CFO Jeffrey R. Knudson acquired 4,993 shares of the firm’s stock in a transaction on Monday, December 10th. The stock was acquired at an average cost of $20.28 per share, for a total transaction of $101,258.04. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, Director Philip L. Francis bought 3,875 shares of the firm’s stock in a transaction that occurred on Wednesday, December 26th. The stock was purchased at an average price of $17.20 per share, with a total value of $66,650.00. The disclosure for this purchase can be found here. Over the last 90 days, insiders have acquired 29,751 shares of company stock valued at $661,995. Company insiders own 7.25% of the company’s stock.

Several institutional investors and hedge funds have recently bought and sold shares of the stock. US Bancorp DE lifted its stake in shares of At Home Group by 116.1% in the 2nd quarter. US Bancorp DE now owns 3,015 shares of the financial services provider’s stock valued at $118,000 after purchasing an additional 1,620 shares during the period. Glenmede Trust Co. NA lifted its stake in shares of At Home Group by 56.4% in the 3rd quarter. Glenmede Trust Co. NA now owns 4,980 shares of the financial services provider’s stock valued at $156,000 after purchasing an additional 1,795 shares during the period. Metropolitan Life Insurance Co. NY lifted its stake in shares of At Home Group by 29.2% in the 2nd quarter. Metropolitan Life Insurance Co. NY now owns 8,763 shares of the financial services provider’s stock valued at $343,000 after purchasing an additional 1,980 shares during the period. Legal & General Group Plc lifted its stake in shares of At Home Group by 123.8% in the 2nd quarter. Legal & General Group Plc now owns 4,311 shares of the financial services provider’s stock valued at $169,000 after purchasing an additional 2,385 shares during the period. Finally, Brown Advisory Inc. lifted its stake in shares of At Home Group by 25.5% in the 3rd quarter. Brown Advisory Inc. now owns 13,219 shares of the financial services provider’s stock valued at $417,000 after purchasing an additional 2,686 shares during the period. Hedge funds and other institutional investors own 80.68% of the company’s stock.

HOME stock traded up $0.12 during trading on Monday, reaching $18.44. The company had a trading volume of 961,067 shares, compared to its average volume of 1,760,238. The stock has a market capitalization of $1.16 billion, a PE ratio of 24.26, a price-to-earnings-growth ratio of 1.02 and a beta of 1.44. The company has a quick ratio of 0.10, a current ratio of 0.85 and a debt-to-equity ratio of 0.47. At Home Group has a twelve month low of $15.89 and a twelve month high of $40.97.

At Home Group (NYSE:HOME) last released its earnings results on Thursday, December 6th. The financial services provider reported $0.18 EPS for the quarter, topping analysts’ consensus estimates of $0.15 by $0.03. The company had revenue of $267.20 million during the quarter, compared to analysts’ expectations of $265.38 million. At Home Group had a net margin of 2.64% and a return on equity of 7.27%. At Home Group’s revenue for the quarter was up 25.4% on a year-over-year basis. During the same period last year, the business earned $0.07 EPS. On average, equities research analysts expect that At Home Group will post 0.77 earnings per share for the current year.

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.

Further Reading: What is the Rule of 72?

Analyst Recommendations for At Home Group (NYSE:HOME)

Receive News & Ratings for At Home Group Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for At Home Group and related companies with MarketBeat.com’s FREE daily email newsletter.

Source

- Advertisement -