At Home Group (HOME) Given New $24.00 Price Target at Buckingham Research

At Home Group (NYSE:HOME) had its price target lowered by investment analysts at Buckingham Research from $28.00 to $24.00 in a note issued to investors on Thursday, March 28th, BenzingaRatingsTable reports. The firm presently has a “buy” rating on the financial services provider’s stock. Buckingham Research’s price target suggests a potential upside of 3.90% from the company’s previous close.

Other research analysts have also issued reports about the company. Zacks Investment Research upgraded At Home Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 20th. Morgan Stanley cut their price target on At Home Group from $47.00 to $33.00 and set an “overweight” rating for the company in a report on Tuesday, December 11th. ValuEngine cut At Home Group from a “hold” rating to a “sell” rating in a report on Tuesday, January 15th. Wells Fargo & Co cut their price target on At Home Group from $42.00 to $30.00 and set an “outperform” rating for the company in a report on Friday, December 7th. Finally, Monness Crespi & Hardt began coverage on At Home Group in a report on Tuesday, January 8th. They issued a “buy” rating and a $30.00 price target for the company. Four investment analysts have rated the stock with a hold rating and eight have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $29.36.

Shares of HOME traded up $0.42 during trading hours on Thursday, reaching $23.10. The company’s stock had a trading volume of 1,750,243 shares, compared to its average volume of 2,492,681. The company has a market capitalization of $1.47 billion, a price-to-earnings ratio of 31.22, a P/E/G ratio of 1.27 and a beta of 2.21. At Home Group has a 1-year low of $15.89 and a 1-year high of $40.97. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.07.

At Home Group (NYSE:HOME) last announced its quarterly earnings results on Wednesday, March 27th. The financial services provider reported $0.47 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by ($0.01). The firm had revenue of $354.07 million during the quarter, compared to the consensus estimate of $351.72 million. At Home Group had a net margin of 4.20% and a return on equity of 7.40%. The company’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.50 EPS. Equities research analysts expect that At Home Group will post 0.99 earnings per share for the current fiscal year.

Several hedge funds have recently bought and sold shares of HOME. FMR LLC grew its holdings in At Home Group by 21,066.0% in the 3rd quarter. FMR LLC now owns 2,222,425 shares of the financial services provider’s stock valued at $70,074,000 after buying an additional 2,211,925 shares in the last quarter. Vanguard Group Inc grew its holdings in 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 valued at $114,905,000 after buying an additional 1,676,694 shares in the last quarter. Vanguard Group Inc. grew its holdings in 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 valued at $114,905,000 after buying an additional 1,676,694 shares in the last quarter. Owl Creek Asset Management L.P. acquired a new position in At Home Group in the 4th quarter valued at $23,798,000. Finally, BlackRock Inc. grew its holdings in At Home Group by 50.8% in the 3rd quarter. BlackRock Inc. now owns 2,602,401 shares of the financial services provider’s stock valued at $82,053,000 after buying an additional 876,101 shares in the last quarter. 86.22% of the stock is currently owned by institutional investors and hedge funds.

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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Analyst Recommendations for At Home Group (NYSE:HOME)

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