Equities analysts predict that At Home Group Inc. (NYSE:HOME) will report $465.55 million in sales for the current fiscal quarter, according to Zacks. Two analysts have issued estimates for At Home Group’s earnings. The highest sales estimate is $466.00 million and the lowest is $465.10 million. At Home Group posted sales of $189.85 million during the same quarter last year, which suggests a positive year-over-year growth rate of 145.2%. The business is expected to announce its next quarterly earnings report on Thursday, June 17th.
On average, analysts expect that At Home Group will report full year sales of $1.76 billion for the current fiscal year, with estimates ranging from $1.67 billion to $1.84 billion. For the next year, analysts expect that the company will post sales of $1.97 billion, with estimates ranging from $1.86 billion to $2.05 billion. Zacks Investment Research’s sales averages are a mean average based on a survey of sell-side research firms that cover At Home Group.
At Home Group (NYSE:HOME) last released its quarterly earnings results on Monday, March 22nd. The financial services provider reported $1.08 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.69 by $0.39. At Home Group had a positive return on equity of 31.15% and a negative net margin of 28.39%. The business had revenue of $561.99 million during the quarter, compared to analyst estimates of $525.81 million. During the same quarter in the previous year, the company posted $0.37 earnings per share. At Home Group’s revenue for the quarter was up 41.3% on a year-over-year basis.
A number of research firms have recently weighed in on HOME. Morgan Stanley upped their price objective on At Home Group from $23.00 to $30.00 and gave the stock an “equal weight” rating in a research note on Thursday, April 1st. TheStreet raised At Home Group from a “d” rating to a “c” rating in a research note on Tuesday, March 23rd. Wells Fargo & Company upped their price objective on At Home Group from $25.00 to $30.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 30th. Loop Capital upped their price objective on At Home Group from $20.00 to $27.00 and gave the stock a “hold” rating in a research note on Thursday, March 25th. Finally, Monness Crespi & Hardt upped their price objective on At Home Group from $28.00 to $33.00 and gave the stock a “buy” rating in a research note on Friday, March 12th. Five research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of $22.83.
In related news, CFO Jeffrey R. Knudson sold 21,849 shares of the stock in a transaction that occurred on Thursday, January 21st. The stock was sold at an average price of $24.83, for a total transaction of $542,510.67. Following the completion of the transaction, the chief financial officer now directly owns 45,475 shares of the company’s stock, valued at $1,129,144.25. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Chad C. Stauffer sold 26,927 shares of the stock in a transaction that occurred on Friday, March 12th. The shares were sold at an average price of $30.00, for a total value of $807,810.00. Following the transaction, the insider now directly owns 44,239 shares of the company’s stock, valued at $1,327,170. The disclosure for this sale can be found here. Over the last three months, insiders have sold 217,876 shares of company stock valued at $5,864,666. 6.30% of the stock is owned by corporate insiders.
Hedge funds have recently modified their holdings of the business. Strs Ohio purchased a new stake in At Home Group during the third quarter valued at approximately $38,000. Sowell Financial Services LLC raised its position in At Home Group by 24.0% during the fourth quarter. Sowell Financial Services LLC now owns 3,825 shares of the financial services provider’s stock valued at $59,000 after purchasing an additional 740 shares during the period. Public Employees Retirement System of Ohio raised its position in At Home Group by 12.6% during the fourth quarter. Public Employees Retirement System of Ohio now owns 4,277 shares of the financial services provider’s stock valued at $66,000 after purchasing an additional 477 shares during the period. New York State Teachers Retirement System raised its position in At Home Group by 200.0% during the fourth quarter. New York State Teachers Retirement System now owns 4,500 shares of the financial services provider’s stock valued at $70,000 after purchasing an additional 3,000 shares during the period. Finally, Point72 Hong Kong Ltd purchased a new stake in At Home Group during the third quarter valued at approximately $90,000. Institutional investors and hedge funds own 81.98% of the company’s stock.
NYSE:HOME traded up $0.29 during mid-day trading on Monday, hitting $26.46. 11,176 shares of the company traded hands, compared to its average volume of 2,098,669. The stock’s fifty day moving average price is $27.53 and its 200-day moving average price is $20.95. At Home Group has a one year low of $1.55 and a one year high of $34.42. The company has a quick ratio of 0.20, a current ratio of 1.18 and a debt-to-equity ratio of 0.79. The firm has a market cap of $1.73 billion, a price-to-earnings ratio of -3.74, a price-to-earnings-growth ratio of 0.21 and a beta of 2.70.
About At Home Group
At Home Group Inc operates home decor superstores in the United States. The company's stores offer home furnishings, including accent furniture, furniture, mirrors, patio cushions, rugs, and wall art; and accent dÃ©cor, such as artificial flowers and trees, bath, bedding, candles, garden and outdoor decor, holiday accessories, home organization, pillows, pottery, vases, and window treatments.
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