ValuEngine downgraded shares of At Home Group (NYSE:HOME) from a hold rating to a sell rating in a research report report published on Thursday, December 6th.
Other equities research analysts have also issued reports about the company. Zacks Investment Research lowered At Home Group from a buy rating to a hold rating in a report on Thursday, August 9th. Jefferies Financial Group assumed coverage on At Home Group in a report on Tuesday, August 21st. They set a buy rating and a $45.00 price target for the company. TheStreet lowered At Home Group from a b- rating to a c+ rating in a report on Tuesday, September 4th. Bank of America set a $43.00 price target on At Home Group and gave the company a buy rating in a report on Thursday, September 20th. Finally, Wells Fargo & Co reiterated a buy rating and set a $42.00 price target on shares of At Home Group in a report on Thursday, August 30th. One investment analyst has rated the stock with a sell rating, one has issued a hold rating and eight have issued a buy rating to the stock. The company has an average rating of Buy and a consensus price target of $37.44.
NYSE:HOME traded up $0.12 during mid-day trading on Thursday, reaching $18.44. 961,067 shares of the stock were exchanged, compared to its average volume of 1,760,238. 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 1-year low of $15.89 and a 1-year high of $40.97. The firm has a market cap of $1.17 billion, a P/E ratio of 24.26, a PEG ratio of 1.03 and a beta of 1.44.
At Home Group (NYSE:HOME) last released its quarterly earnings results on Thursday, December 6th. The financial services provider reported $0.18 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.15 by $0.03. At Home Group had a return on equity of 7.27% and a net margin of 2.64%. The business had revenue of $267.20 million during the quarter, compared to analyst estimates of $265.38 million. During the same quarter last year, the company posted $0.07 EPS. At Home Group’s revenue for the quarter was up 25.4% on a year-over-year basis. Sell-side analysts expect that At Home Group will post 0.77 EPS for the current year.
In related news, Director Philip L. Francis purchased 10,883 shares of the firm’s stock in a transaction that occurred on Monday, December 10th. The shares were acquired at an average price of $21.05 per share, with a total value of $229,087.15. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Jeffrey R. Knudson purchased 4,993 shares of the firm’s stock in a transaction that occurred on Monday, December 10th. The stock was bought at an average cost of $20.28 per share, for a total transaction of $101,258.04. The disclosure for this purchase can be found here. Over the last 90 days, insiders have bought 29,751 shares of company stock worth $661,995. 7.25% of the stock is currently owned by company insiders.
A number of institutional investors have recently bought and sold shares of HOME. Raymond James Financial Services Advisors Inc. acquired a new position in At Home Group in the second quarter worth $681,000. Los Angeles Capital Management & Equity Research Inc. acquired a new position in At Home Group in the second quarter worth $882,000. Victory Capital Management Inc. boosted its stake in At Home Group by 114.0% in the second quarter. Victory Capital Management Inc. now owns 1,709,221 shares of the financial services provider’s stock worth $66,916,000 after purchasing an additional 910,649 shares in the last quarter. State of Wisconsin Investment Board acquired a new position in At Home Group in the second quarter worth $7,830,000. Finally, Sei Investments Co. boosted its stake in At Home Group by 5,373.4% in the second quarter. Sei Investments Co. now owns 35,577 shares of the financial services provider’s stock worth $1,392,000 after purchasing an additional 34,927 shares in the last quarter. 80.68% of the stock is currently owned by institutional investors.
About At Home Group
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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