Wall Street brokerages expect At Home Group Inc (NYSE:HOME) to announce sales of $265.48 million for the current quarter, according to Zacks. 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 during the same quarter last year, which would suggest a positive year over year growth rate of 24.7%. The business is scheduled to announce its next quarterly earnings results after the market closes on Tuesday, December 4th.
On average, analysts expect that At Home Group will report full year sales of $1.17 billion for the current fiscal year, with estimates ranging from $1.16 billion to $1.17 billion. For the next financial year, analysts expect that the firm 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 sell-side analysts that that provide coverage for At Home Group.
Several research analysts have issued reports on HOME shares. Zacks Investment Research cut At Home Group from a “buy” rating to a “hold” rating in a research report on Thursday, August 9th. Jefferies Financial Group began coverage on At Home Group in a report on Tuesday, August 21st. They issued a “buy” rating and a $45.00 target price on the stock. TheStreet lowered At Home Group from a “b-” rating to a “c+” rating in a report on Tuesday, September 4th. Buckingham Research lowered their target price on At Home Group from $43.00 to $37.00 and set a “buy” rating on the stock in a report on Wednesday, November 14th. Finally, Bank of America set a $43.00 target price on At Home Group and gave the company a “buy” rating in a report on Thursday, September 20th. Two research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $40.20.
In related news, insider Norman E. Mcleod sold 2,592 shares of the stock in a transaction on Thursday, September 6th. The stock was sold at an average price of $35.50, for a total transaction of $92,016.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Director Philip L. Francis acquired 10,000 shares of the firm’s stock in a transaction that occurred on Wednesday, October 24th. The shares were bought at an average cost of $26.50 per share, for a total transaction of $265,000.00. The disclosure for this purchase can be found here. Insiders sold 4,599,600 shares of company stock worth $152,299,469 in the last three months. 7.25% of the stock is owned by corporate insiders.
Several institutional investors and hedge funds have recently bought and sold shares of HOME. US Bancorp DE raised its holdings in shares of At Home Group by 116.1% during the 2nd quarter. US Bancorp DE now owns 3,015 shares of the financial services provider’s stock valued at $118,000 after buying an additional 1,620 shares during the period. NumerixS Investment Technologies Inc purchased a new position in shares of At Home Group during the second quarter valued at $156,000. Princeton Capital Management LLC purchased a new position in shares of At Home Group during the second quarter valued at $157,000. Legal & General Group Plc grew its holdings in shares of At Home Group by 123.8% during the second quarter. Legal & General Group Plc now owns 4,311 shares of the financial services provider’s stock valued at $169,000 after buying an additional 2,385 shares in the last quarter. Finally, Glenmede Trust Co. NA grew its holdings in shares of At Home Group by 56.4% during the third quarter. Glenmede Trust Co. NA now owns 4,980 shares of the financial services provider’s stock valued at $156,000 after buying an additional 1,795 shares in the last quarter. 80.80% of the stock is currently owned by institutional investors and hedge funds.
NYSE:HOME traded down $1.34 during trading hours on Friday, hitting $27.81. The company’s stock had a trading volume of 2,072,545 shares, compared to its average volume of 821,870. The stock has a market capitalization of $1.81 billion, a price-to-earnings ratio of 36.59, a PEG ratio of 1.56 and a beta of 1.44. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.08 and a current ratio of 0.89. At Home Group has a 52-week low of $24.30 and a 52-week high of $40.97.
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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