Wall Street analysts expect that At Home Group Inc (NYSE:HOME) will report sales of $265.48 million for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for At Home Group’s earnings. The highest sales estimate is $266.50 million and the lowest is $265.00 million. At Home Group reported sales of $212.95 million in the same quarter last year, which indicates a positive year-over-year growth rate of 24.7%. The company is scheduled to report its next earnings results on Wednesday, December 5th.
On average, analysts expect that At Home Group will report full-year sales of $1.17 billion for the current year, with estimates ranging from $1.16 billion to $1.17 billion. For the next year, analysts anticipate that the company will post sales of $1.42 billion, with estimates ranging from $1.41 billion to $1.43 billion. Zacks’ sales averages are an average based on a survey of research firms that cover At Home Group.
At Home Group (NYSE:HOME) last issued its quarterly earnings results on Wednesday, August 29th. The financial services provider reported $0.34 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.33 by $0.01. The firm had revenue of $288.50 million for the quarter, compared to analyst estimates of $286.50 million. At Home Group had a return on equity of 6.26% and a net margin of 1.95%. The business’s revenue was up 24.3% on a year-over-year basis. During the same period in the previous year, the company posted $0.18 earnings per share.
A number of brokerages have recently issued reports on HOME. Zacks Investment Research raised At Home Group from a “hold” rating to a “buy” rating and set a $43.00 price target on the stock in a research note on Wednesday, June 13th. Wells Fargo & Co reaffirmed a “buy” rating and issued a $42.00 price target on shares of At Home Group in a research note on Thursday, August 30th. Bank of America boosted their price objective on At Home Group from $37.00 to $43.00 and gave the stock a “buy” rating in a research note on Friday, June 8th. ValuEngine lowered At Home Group from a “strong-buy” rating to a “buy” rating in a research note on Thursday, June 21st. Finally, Morgan Stanley raised At Home Group from an “equal weight” rating to an “overweight” rating and boosted their price objective for the stock from $35.00 to $47.00 in a research note on Tuesday, June 26th. One analyst has rated the stock with a sell rating, two have issued a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $42.44.
In other At Home Group news, insider Norman E. Mcleod sold 13,239 shares of At Home Group stock in a transaction on Friday, July 20th. The stock was sold at an average price of $37.93, for a total value of $502,155.27. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, major shareholder Starr Investment Holdings, Llc sold 4,591,824 shares of At Home Group stock in a transaction on Tuesday, September 11th. The shares were sold at an average price of $33.11, for a total value of $152,035,292.64. The disclosure for this sale can be found here. Insiders have sold 4,899,755 shares of company stock worth $163,126,294 in the last three months. 7.25% of the stock is currently owned by corporate insiders.
A number of large investors have recently bought and sold shares of HOME. US Bancorp DE raised its position in At Home Group by 116.1% in the second 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. NumerixS Investment Technologies Inc purchased a new stake in At Home Group in the second quarter valued at $156,000. Princeton Capital Management LLC purchased a new stake in At Home Group in the second quarter valued at $157,000. Legal & General Group Plc raised its position in 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 purchasing an additional 2,385 shares during the period. Finally, Fortaleza Asset Management Inc. purchased a new stake in At Home Group in the second quarter valued at $172,000. Institutional investors own 61.44% of the company’s stock.
Shares of NYSE:HOME opened at $31.44 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.08 and a debt-to-equity ratio of 0.48. The company has a market capitalization of $1.96 billion, a PE ratio of 41.36, a PEG ratio of 1.54 and a beta of 0.97. At Home Group has a 1 year low of $20.07 and a 1 year high of $40.97.
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 décor, holiday accessories, home organization, pillows, pottery, vases, and window treatments.
See Also: Return on Equity (ROE)
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