$0.33 EPS Expected for At Home Group Inc (HOME) This Quarter

Equities research analysts predict that At Home Group Inc (NYSE:HOME) will post earnings per share of $0.33 for the current quarter, Zacks reports. Three analysts have provided estimates for At Home Group’s earnings, with estimates ranging from $0.32 to $0.34. At Home Group reported earnings per share of $0.18 in the same quarter last year, which suggests a positive year over year growth rate of 83.3%. The business is scheduled to announce its next quarterly earnings results on Tuesday, September 4th.

According to Zacks, analysts expect that At Home Group will report full year earnings of $1.30 per share for the current fiscal year, with EPS estimates ranging from $1.28 to $1.32. For the next year, analysts anticipate that the firm will report earnings of $1.51 per share, with EPS estimates ranging from $1.49 to $1.56. Zacks Investment Research’s earnings per share averages are an average based on a survey of research analysts that cover At Home Group.

At Home Group (NYSE:HOME) last posted its quarterly earnings data on Thursday, June 7th. The financial services provider reported $0.31 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.28 by $0.03. The business had revenue of $256.20 million during the quarter, compared to analysts’ expectations of $256.47 million. At Home Group had a net margin of 4.03% and a return on equity of 10.15%. The business’s revenue was up 21.0% on a year-over-year basis. During the same period last year, the firm posted $0.19 earnings per share.

Several research analysts have recently issued reports on HOME shares. Bank of America increased their price objective on shares of At Home Group from $37.00 to $43.00 and gave the company a “buy” rating in a report on Friday, June 8th. Morgan Stanley upgraded shares of At Home Group from an “equal weight” rating to an “overweight” rating and increased their price objective for the company from $35.00 to $47.00 in a report on Tuesday, June 26th. ValuEngine cut shares of At Home Group from a “strong-buy” rating to a “buy” rating in a report on Thursday, June 21st. Wells Fargo & Co started coverage on shares of At Home Group in a report on Monday, April 23rd. They set an “outperform” rating and a $42.00 target price for the company. Finally, Zacks Investment Research upgraded shares of At Home Group from a “hold” rating to a “buy” rating and set a $39.00 target price for the company in a report on Wednesday, April 18th. Three research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. At Home Group currently has an average rating of “Buy” and a consensus price target of $41.11.

In related news, CFO Judd T. Nystrom sold 18,939 shares of the firm’s stock in a transaction that occurred on Tuesday, May 15th. The shares were sold at an average price of $35.64, for a total transaction of $674,985.96. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, major shareholder Investors Lp Aea sold 4,569,909 shares of the firm’s stock in a transaction that occurred on Friday, June 15th. The stock was sold at an average price of $37.81, for a total transaction of $172,788,259.29. The disclosure for this sale can be found here. Insiders have sold 8,770,851 shares of company stock valued at $331,094,870 over the last 90 days. 7.25% of the stock is currently owned by insiders.

A number of large investors have recently modified their holdings of HOME. Victory Capital Management Inc. boosted its stake in At Home Group by 114.0% in the 2nd quarter. Victory Capital Management Inc. now owns 1,709,221 shares of the financial services provider’s stock worth $66,916,000 after purchasing an additional 910,649 shares during the period. Lord Abbett & CO. LLC boosted its stake in At Home Group by 44.4% in the 1st quarter. Lord Abbett & CO. LLC now owns 1,541,651 shares of the financial services provider’s stock worth $49,395,000 after purchasing an additional 473,780 shares during the period. Loomis Sayles & Co. L P boosted its stake in At Home Group by 61.5% in the 1st quarter. Loomis Sayles & Co. L P now owns 728,610 shares of the financial services provider’s stock worth $23,345,000 after purchasing an additional 277,418 shares during the period. Copper Rock Capital Partners LLC acquired a new position in At Home Group in the 2nd quarter worth approximately $23,846,000. Finally, Columbus Circle Investors boosted its stake in At Home Group by 198.3% in the 2nd quarter. Columbus Circle Investors now owns 601,143 shares of the financial services provider’s stock worth $23,535,000 after purchasing an additional 399,651 shares during the period. Hedge funds and other institutional investors own 46.53% of the company’s stock.

At Home Group stock opened at $34.47 on Monday. The company has a quick ratio of 0.09, a current ratio of 0.86 and a debt-to-equity ratio of 0.51. The company has a market capitalization of $2.09 billion, a PE ratio of 35.78, a P/E/G ratio of 1.04 and a beta of 1.18. At Home Group has a 12-month low of $20.07 and a 12-month 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 décor, holiday accessories, home organization, pillows, pottery, vases, and window treatments.

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