At Home Group Inc (NYSE:HOME) – Investment analysts at William Blair raised their Q1 2019 earnings estimates for At Home Group in a research note issued to investors on Tuesday, according to Zacks Investment Research. William Blair analyst D. Hofkin now expects that the financial services provider will post earnings per share of $0.28 for the quarter, up from their prior estimate of $0.24. William Blair also issued estimates for At Home Group’s Q2 2019 earnings at $0.26 EPS, Q3 2019 earnings at $0.11 EPS, Q4 2019 earnings at $0.50 EPS and FY2019 earnings at $1.15 EPS.
At Home Group (NYSE:HOME) last released its earnings results on Wednesday, November 29th. The financial services provider reported $0.07 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $0.04 by $0.03. At Home Group had a return on equity of 7.53% and a net margin of 4.18%. The firm had revenue of $213.00 million during the quarter, compared to analyst estimates of $201.29 million. During the same period last year, the business posted $0.03 earnings per share. At Home Group’s revenue was up 24.8% compared to the same quarter last year.
Several other equities analysts have also recently issued reports on the company. Zacks Investment Research cut At Home Group from a “buy” rating to a “hold” rating in a research report on Tuesday, October 24th. Guggenheim restated a “buy” rating and issued a $35.00 price target on shares of At Home Group in a research report on Thursday, December 21st. Jefferies Group restated a “buy” rating and issued a $35.00 price target (up previously from $30.00) on shares of At Home Group in a research report on Thursday, November 30th. KeyCorp restated a “buy” rating on shares of At Home Group in a research report on Thursday, December 21st. Finally, Barclays initiated coverage on At Home Group in a report on Thursday, January 25th. They issued an “overweight” rating and a $40.00 price objective on the stock. Three analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating to the company’s stock. At Home Group has an average rating of “Buy” and an average target price of $30.61.
At Home Group (HOME) traded down $0.35 on Wednesday, hitting $31.05. The stock had a trading volume of 13,108 shares, compared to its average volume of 273,501. The firm has a market capitalization of $1,918.22 and a PE ratio of 46.59. At Home Group has a twelve month low of $13.97 and a twelve month high of $34.01. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.85 and a quick ratio of 0.06.
Several large investors have recently made changes to their positions in the company. Capital World Investors purchased a new stake in shares of At Home Group during the 2nd quarter worth approximately $42,643,000. Peregrine Capital Management LLC boosted its stake in shares of At Home Group by 14.7% during the 3rd quarter. Peregrine Capital Management LLC now owns 672,391 shares of the financial services provider’s stock worth $15,357,000 after acquiring an additional 85,922 shares in the last quarter. Gilder Gagnon Howe & Co. LLC boosted its stake in shares of At Home Group by 414.4% during the 4th quarter. Gilder Gagnon Howe & Co. LLC now owns 423,918 shares of the financial services provider’s stock worth $12,883,000 after acquiring an additional 341,509 shares in the last quarter. Vanguard Group Inc. boosted its stake in shares of At Home Group by 9.1% during the 2nd quarter. Vanguard Group Inc. now owns 406,885 shares of the financial services provider’s stock worth $9,477,000 after acquiring an additional 34,040 shares in the last quarter. Finally, New York State Common Retirement Fund boosted its stake in shares of At Home Group by 14.6% during the 2nd quarter. New York State Common Retirement Fund now owns 239,730 shares of the financial services provider’s stock worth $5,583,000 after acquiring an additional 30,564 shares in the last quarter. 24.72% of the stock is currently owned by institutional investors and hedge funds.
In other news, CFO Judd T. Nystrom sold 3,030 shares of the business’s stock in a transaction that occurred on Tuesday, January 30th. The stock was sold at an average price of $31.97, for a total transaction of $96,869.10. Following the sale, the chief financial officer now owns 43,030 shares of the company’s stock, valued at approximately $1,375,669.10. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, major shareholder Aea Management (Cayman) Ltd sold 3,109,701 shares of the business’s stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $24.50, for a total value of $76,187,674.50. The disclosure for this sale can be found here. Insiders sold a total of 6,439,046 shares of company stock worth $159,525,332 in the last ninety days. 7.14% of the stock is owned by corporate insiders.
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About At Home Group
At Home Group, Inc is a home decor superstore. The Company is focused on providing a range of assortment of products for any room, in any style, for any budget. As of July 30, 2016, the Company offered over 50,000 stock keeping units (SKUs) throughout its stores. As of July 30, 2016, the Company’s store base is consisted of 115 format stores across 29 states and 65 markets, averaging approximately 120,000 square feet per store.
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