At Home Group Inc. (NYSE:HOME) Expected to Announce Earnings of $0.60 Per Share

Analysts predict that At Home Group Inc. (NYSE:HOME) will report $0.60 earnings per share (EPS) for the current quarter, according to Zacks Investment Research. Two analysts have made estimates for At Home Group’s earnings, with estimates ranging from $0.54 to $0.64. At Home Group posted earnings of ($0.61) per share in the same quarter last year, which suggests a positive year-over-year growth rate of 198.4%. The business is scheduled to issue its next quarterly earnings results on Thursday, June 17th.

According to Zacks, analysts expect that At Home Group will report full year earnings of $1.61 per share for the current year, with EPS estimates ranging from $1.55 to $1.74. For the next financial year, analysts expect that the firm will post earnings of $1.88 per share, with EPS estimates ranging from $1.75 to $1.95. Zacks’ earnings per share calculations are an average based on a survey of research firms that follow At Home Group.

At Home Group (NYSE:HOME) last announced its quarterly earnings data on Monday, March 22nd. The financial services provider reported $1.08 EPS for the quarter, beating the Thomson Reuters’ consensus estimate of $0.69 by $0.39. At Home Group had a negative net margin of 28.39% and a positive return on equity of 31.15%. The company had revenue of $561.99 million for the quarter, compared to the consensus estimate of $525.81 million. During the same period in the prior year, the firm posted $0.37 EPS. At Home Group’s revenue for the quarter was up 41.3% on a year-over-year basis.

HOME has been the topic of several recent analyst reports. TheStreet raised shares of At Home Group from a “d” rating to a “c” rating in a research report on Tuesday, March 23rd. Monness Crespi & Hardt raised their price target on shares of At Home Group from $28.00 to $33.00 and gave the company a “buy” rating in a report on Friday, March 12th. Morgan Stanley raised their price target on shares of At Home Group from $23.00 to $30.00 and gave the company an “equal weight” rating in a report on Thursday, April 1st. Wells Fargo & Company raised their price target on shares of At Home Group from $25.00 to $30.00 and gave the company an “equal weight” rating in a report on Tuesday, March 30th. Finally, Loop Capital raised their price target on shares of At Home Group from $20.00 to $27.00 and gave the company a “hold” rating in a report on Thursday, March 25th. Five equities research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. The stock currently has an average rating of “Hold” and an average price target of $22.83.

HOME stock traded up $0.29 during trading on Friday, hitting $26.46. 11,176 shares of the stock traded hands, compared to its average volume of 2,098,669. At Home Group has a 1 year low of $1.55 and a 1 year high of $34.42. The firm’s 50 day moving average is $27.53 and its two-hundred day moving average is $20.95. The stock has a market cap of $1.73 billion, a price-to-earnings ratio of -3.74, a price-to-earnings-growth ratio of 0.21 and a beta of 2.70. The company has a debt-to-equity ratio of 0.79, a current ratio of 1.18 and a quick ratio of 0.20.

In other At Home Group news, COO Peter Sg Corsa sold 1,002 shares of the firm’s stock in a transaction that occurred on Monday, April 5th. The shares were sold at an average price of $27.96, for a total transaction of $28,015.92. Following the sale, the chief operating officer now owns 13,903 shares in the company, valued at approximately $388,727.88. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, CAO Laura L. Bracken sold 2,906 shares of the firm’s stock in a transaction that occurred on Thursday, April 1st. The stock was sold at an average price of $29.00, for a total transaction of $84,274.00. Insiders sold a total of 217,876 shares of company stock worth $5,864,666 in the last quarter. Company insiders own 6.30% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Strs Ohio bought a new stake in At Home Group during the 3rd quarter worth approximately $38,000. Sowell Financial Services LLC raised its stake in At Home Group by 24.0% during the 4th quarter. Sowell Financial Services LLC now owns 3,825 shares of the financial services provider’s stock worth $59,000 after acquiring an additional 740 shares during the period. Public Employees Retirement System of Ohio raised its stake in At Home Group by 12.6% during the 4th quarter. Public Employees Retirement System of Ohio now owns 4,277 shares of the financial services provider’s stock worth $66,000 after acquiring an additional 477 shares during the period. New York State Teachers Retirement System raised its position in shares of At Home Group by 200.0% during the fourth quarter. New York State Teachers Retirement System now owns 4,500 shares of the financial services provider’s stock valued at $70,000 after buying an additional 3,000 shares during the last quarter. Finally, Point72 Hong Kong Ltd bought a new stake in shares of At Home Group during the third quarter valued at approximately $90,000. Institutional investors own 81.98% of the company’s stock.

At Home Group Company Profile

At Home Group Inc operates home decor superstores in the United States. The company's stores offer home furnishings, including accent furniture, furniture, mirrors, patio cushions, rugs, and wall art; and accent décor, such as artificial flowers and trees, bath, bedding, candles, garden and outdoor decor, holiday accessories, home organization, pillows, pottery, vases, and window treatments.

Further Reading: Dead Cat Bounce

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Earnings History and Estimates for At Home Group (NYSE:HOME)

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