Gordon Haskett assumed coverage on shares of At Home Group (NYSE:HOME) in a research note issued to investors on Thursday morning, Marketbeat Ratings reports. The brokerage issued a hold rating and a $22.00 target price on the financial services provider’s stock.
Other research analysts also recently issued reports about the company. ValuEngine raised At Home Group from a sell rating to a hold rating in a research note on Wednesday, December 12th. Zacks Investment Research downgraded At Home Group from a hold rating to a sell rating in a research note on Wednesday, December 12th. Wells Fargo & Co reissued a buy rating and issued a $25.00 price objective (down from $30.00) on shares of At Home Group in a research note on Tuesday, January 15th. Jefferies Financial Group dropped their price objective on At Home Group to $33.00 and set a buy rating on the stock in a research note on Tuesday, January 15th. Finally, Monness Crespi & Hardt assumed coverage on At Home Group in a research note on Tuesday, January 8th. They issued a buy rating and a $30.00 price objective on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and eight have assigned a buy rating to the company’s stock. The company presently has a consensus rating of Buy and an average price target of $31.80.
Shares of HOME opened at $22.72 on Thursday. The stock has a market cap of $1.44 billion, a price-to-earnings ratio of 29.89, a P/E/G ratio of 1.47 and a beta of 2.28. At Home Group has a 12 month low of $15.89 and a 12 month high of $40.97. The company has a debt-to-equity ratio of 0.47, a quick ratio of 0.10 and a current ratio of 0.85.
At Home Group (NYSE:HOME) last announced its quarterly earnings data on Thursday, December 6th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.03. The company had revenue of $267.20 million for the quarter, compared to the consensus estimate of $265.38 million. At Home Group had a return on equity of 7.27% and a net margin of 2.64%. The firm’s revenue was up 25.4% compared to the same quarter last year. During the same period in the previous year, the business earned $0.07 EPS. On average, equities research analysts forecast that At Home Group will post 0.77 EPS for the current year.
In other news, Director Philip L. Francis bought 10,883 shares of the firm’s stock in a transaction that occurred on Monday, December 10th. The stock was acquired at an average cost of $21.05 per share, with a total value of $229,087.15. The purchase was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Jeffrey R. Knudson bought 4,993 shares of the firm’s stock in a transaction that occurred on Monday, December 10th. The stock was purchased at an average cost of $20.28 per share, with a total value of $101,258.04. The disclosure for this purchase can be found here. Insiders purchased a total of 19,751 shares of company stock valued at $396,995 over the last ninety days. 7.25% of the stock is currently owned by corporate insiders.
A number of institutional investors and hedge funds have recently modified their holdings of HOME. FMR LLC increased its holdings in At Home Group by 21,066.0% during the 3rd quarter. FMR LLC now owns 2,222,425 shares of the financial services provider’s stock worth $70,074,000 after purchasing an additional 2,211,925 shares in the last quarter. Vanguard Group Inc boosted its stake in shares of At Home Group by 85.2% in the 3rd quarter. Vanguard Group Inc now owns 3,644,307 shares of the financial services provider’s stock worth $114,905,000 after buying an additional 1,676,694 shares during the last quarter. Vanguard Group Inc. boosted its stake in shares of At Home Group by 85.2% in the 3rd quarter. Vanguard Group Inc. now owns 3,644,307 shares of the financial services provider’s stock worth $114,905,000 after buying an additional 1,676,694 shares during the last quarter. Eagle Asset Management Inc. purchased a new position in shares of At Home Group in the 3rd quarter worth approximately $48,414,000. Finally, Carillon Tower Advisers Inc. purchased a new position in shares of At Home Group in the 3rd quarter worth approximately $42,141,000. 80.94% of the stock is owned by hedge funds and other institutional investors.
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.
Featured Story: How is Preferred Stock Different from Common Stock?
Receive News & Ratings for At Home Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for At Home Group and related companies with MarketBeat.com's FREE daily email newsletter.