Zacks Investment Research upgraded shares of At Home Group (NYSE:HOME) from a hold rating to a buy rating in a report released on Wednesday, January 10th. Zacks Investment Research currently has $36.00 target price on the financial services provider’s stock.
According to Zacks, “At Home Group Inc. owns and operates home-decorating accessories stores primarily in the United States. It offers furniture, home furnishings, wall decor and decorative accents, rugs and housewares. At Home Group Inc. is headquartered in Plano, Texas. “
Several other analysts have also commented on the company. Guggenheim reaffirmed a buy rating and set a $35.00 target price on shares of At Home Group in a report on Thursday, December 21st. SunTrust Banks reissued a buy rating on shares of At Home Group in a report on Monday, September 18th. Jefferies Group reissued a buy rating and issued a $35.00 price objective (up from $30.00) on shares of At Home Group in a report on Thursday, November 30th. KeyCorp reissued a buy rating on shares of At Home Group in a report on Thursday, December 21st. Finally, BidaskClub lowered At Home Group from a buy rating to a hold rating in a report on Thursday, October 12th. Three analysts have rated the stock with a hold rating, six have assigned a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of $30.61.
At Home Group (NYSE:HOME) traded down $0.87 during trading on Wednesday, reaching $29.93. The company had a trading volume of 262,538 shares, compared to its average volume of 280,231. The firm has a market capitalization of $1,810.00 and a price-to-earnings ratio of 49.88. At Home Group has a 12-month low of $13.97 and a 12-month high of $34.01. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.06 and a current ratio of 0.85.
At Home Group (NYSE:HOME) last posted its earnings results on Wednesday, November 29th. The financial services provider reported $0.07 EPS for the quarter, topping the consensus estimate of $0.04 by $0.03. The firm had revenue of $213.00 million for the quarter, compared to analyst estimates of $201.29 million. At Home Group had a return on equity of 7.53% and a net margin of 4.18%. At Home Group’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same period last year, the company earned $0.03 earnings per share. sell-side analysts anticipate that At Home Group will post 0.79 earnings per share for the current fiscal year.
In other news, Director Geoffrey G. Clark sold 2,640,299 shares of At Home Group stock in a transaction that occurred on Monday, December 11th. The stock was sold at an average price of $23.46, for a total value of $61,941,414.54. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, CFO Judd T. Nystrom sold 3,030 shares of At Home Group stock in a transaction that occurred on Tuesday, January 30th. The stock was sold at an average price of $31.97, for a total value of $96,869.10. Following the completion of the sale, the chief financial officer now directly owns 43,030 shares in the company, valued at $1,375,669.10. The disclosure for this sale can be found here. Over the last three months, insiders sold 6,439,046 shares of company stock worth $159,525,332. 7.30% of the stock is owned by corporate insiders.
Several large investors have recently modified their holdings of HOME. D.A. Davidson & CO. acquired a new stake in shares of At Home Group in the second quarter worth approximately $235,000. Dimensional Fund Advisors LP purchased a new position in At Home Group during the third quarter worth approximately $245,000. Citadel Advisors LLC purchased a new position in At Home Group during the third quarter worth approximately $254,000. Syntal Capital Partners LLC purchased a new position in At Home Group during the fourth quarter worth approximately $273,000. Finally, Neuberger Berman Group LLC purchased a new position in At Home Group during the second quarter worth approximately $293,000. 24.75% of the stock is currently owned by hedge funds and other institutional investors.
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At Home Group Company Profile
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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