At Home Group (NYSE:HOME) Shares Gap Up to $5.15

At Home Group Inc (NYSE:HOME)’s stock price gapped up before the market opened on Monday . The stock had previously closed at $5.03, but opened at $5.15. At Home Group shares last traded at $5.42, with a volume of 3,208,672 shares trading hands.

A number of equities research analysts recently commented on the stock. Bank of America cut shares of At Home Group from a “buy” rating to an “underperform” rating and decreased their target price for the company from $24.00 to $8.00 in a research report on Thursday, June 6th. KeyCorp decreased their price target on shares of At Home Group from $35.00 to $14.00 and set an “overweight” rating for the company in a report on Friday, June 7th. They noted that the move was a valuation call. Monness Crespi & Hardt reaffirmed a “buy” rating and issued a $10.00 price target (down previously from $30.00) on shares of At Home Group in a report on Friday, June 7th. Wells Fargo & Co cut shares of At Home Group from an “outperform” rating to a “market perform” rating and set a $9.00 price target for the company. in a report on Thursday, June 6th. Finally, Jefferies Financial Group decreased their price target on shares of At Home Group from $25.00 to $10.00 and set a “buy” rating for the company in a report on Thursday, June 6th. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Hold” and a consensus price target of $17.67.

The stock’s fifty day simple moving average is $5.93 and its 200-day simple moving average is $16.22. The firm has a market cap of $298.43 million, a PE ratio of 7.32, a PEG ratio of 0.45 and a beta of 1.33. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.82 and a quick ratio of 0.06.

At Home Group (NYSE:HOME) last posted its quarterly earnings results on Thursday, June 6th. The financial services provider reported $0.03 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.02 by $0.01. The business had revenue of $306.30 million during the quarter, compared to analysts’ expectations of $305.43 million. At Home Group had a net margin of 3.66% and a return on equity of 6.17%. The business’s quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter last year, the company posted $0.31 earnings per share. Analysts expect that At Home Group Inc will post 0.59 earnings per share for the current year.

Several large investors have recently added to or reduced their stakes in HOME. Ladenburg Thalmann Financial Services Inc. increased its position in shares of At Home Group by 47.0% during the second quarter. Ladenburg Thalmann Financial Services Inc. now owns 26,135 shares of the financial services provider’s stock valued at $177,000 after acquiring an additional 8,359 shares during the last quarter. Equitable Trust Co. increased its position in shares of At Home Group by 7.0% during the second quarter. Equitable Trust Co. now owns 66,765 shares of the financial services provider’s stock valued at $445,000 after acquiring an additional 4,340 shares during the last quarter. Voloridge Investment Management LLC grew its holdings in shares of At Home Group by 357.5% in the second quarter. Voloridge Investment Management LLC now owns 309,571 shares of the financial services provider’s stock valued at $2,062,000 after purchasing an additional 241,910 shares in the last quarter. UBS Asset Management Americas Inc. grew its holdings in shares of At Home Group by 75.5% in the second quarter. UBS Asset Management Americas Inc. now owns 36,597 shares of the financial services provider’s stock valued at $244,000 after purchasing an additional 15,741 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. acquired a new position in shares of At Home Group in the second quarter valued at approximately $208,000. Hedge funds and other institutional investors own 74.75% of the company’s stock.

At Home Group Company Profile (NYSE:HOME)

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: What is a balanced fund?

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.