At Home Group (NYSE:HOME) had its price target reduced by Bank of America from $8.00 to $5.00 in a research report released on Tuesday, The Fly reports. Bank of America currently has an underperform rating on the financial services provider’s stock.
HOME has been the topic of a number of other research reports. Morgan Stanley downgraded At Home Group from an overweight rating to an equal weight rating and lowered their price target for the company from $30.00 to $8.00 in a research report on Monday, June 10th. Loop Capital raised their price target on At Home Group to $8.00 and gave the company a hold rating in a research report on Friday, June 7th. ValuEngine downgraded At Home Group from a hold rating to a sell rating in a research report on Monday, June 3rd. Gordon Haskett upgraded At Home Group from a hold rating to an accumulate rating in a research report on Friday, June 7th. Finally, Jefferies Financial Group lowered their price target on At Home Group from $25.00 to $10.00 and set a buy rating on the stock in a research report on Thursday, June 6th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company. The stock currently has a consensus rating of Hold and an average price target of $17.42.
NYSE:HOME opened at $6.57 on Tuesday. The firm has a market capitalization of $344.54 million, a price-to-earnings ratio of 8.03, a P/E/G ratio of 0.52 and a beta of 1.33. At Home Group has a 52-week low of $4.58 and a 52-week high of $37.81. The stock has a fifty day moving average of $5.87 and a 200 day moving average of $15.98. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.06 and a current ratio of 0.82.
At Home Group (NYSE:HOME) last released its quarterly earnings results on Thursday, June 6th. The financial services provider reported $0.03 earnings per share for the quarter, beating the Zacks’ consensus estimate of $0.02 by $0.01. At Home Group had a return on equity of 6.17% and a net margin of 3.66%. The business had revenue of $306.30 million for the quarter, compared to the consensus estimate of $305.43 million. During the same quarter last year, the business posted $0.31 earnings per share. The company’s revenue for the quarter was up 19.6% on a year-over-year basis. Equities analysts forecast that At Home Group will post 0.59 earnings per share for the current fiscal year.
Several institutional investors and hedge funds have recently added to or reduced their stakes in HOME. FNY Investment Advisers LLC purchased a new position in At Home Group during the 2nd quarter valued at about $40,000. US Bancorp DE increased its holdings in At Home Group by 178.0% during the 2nd quarter. US Bancorp DE now owns 6,598 shares of the financial services provider’s stock valued at $44,000 after purchasing an additional 4,225 shares during the period. Aperio Group LLC purchased a new position in At Home Group during the 2nd quarter valued at about $64,000. Ladenburg Thalmann Financial Services Inc. increased its holdings in At Home Group by 47.0% during the 2nd quarter. Ladenburg Thalmann Financial Services Inc. now owns 26,135 shares of the financial services provider’s stock valued at $177,000 after purchasing an additional 8,359 shares during the period. Finally, BNP Paribas Arbitrage SA increased its holdings in At Home Group by 1,116.2% during the 1st quarter. BNP Paribas Arbitrage SA now owns 10,107 shares of the financial services provider’s stock valued at $181,000 after purchasing an additional 9,276 shares during the period. Hedge funds and other institutional investors own 74.75% 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 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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