Analysts Expect At Home Group Inc (NYSE:HOME) Will Post Quarterly Sales of $387.87 Million

Equities analysts expect that At Home Group Inc (NYSE:HOME) will post sales of $387.87 million for the current quarter, according to Zacks. Three analysts have issued estimates for At Home Group’s earnings, with the highest sales estimate coming in at $389.00 million and the lowest estimate coming in at $386.90 million. At Home Group posted sales of $354.07 million in the same quarter last year, which suggests a positive year-over-year growth rate of 9.5%. The firm is scheduled to announce its next quarterly earnings report on Wednesday, March 25th.

On average, analysts expect that At Home Group will report full year sales of $0.00 for the current year. For the next year, analysts anticipate that the business will post sales of $1.54 billion, with estimates ranging from $1.52 billion to $1.58 billion. Zacks Investment Research’s sales calculations are a mean average based on a survey of research analysts that cover At Home Group.

At Home Group (NYSE:HOME) last posted its quarterly earnings results on Wednesday, September 4th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.14 by $0.04. At Home Group had a return on equity of 6.87% and a net margin of 2.97%. The company had revenue of $342.32 million for the quarter, compared to analysts’ expectations of $343.45 million.

A number of equities analysts recently issued reports on HOME shares. KeyCorp decreased their target price on At Home Group from $14.00 to $10.00 and set an “overweight” rating on the stock in a report on Thursday. William Blair lowered At Home Group from an “outperform” rating to a “market perform” rating in a research report on Thursday. Morgan Stanley dropped their price target on At Home Group from $8.00 to $6.00 and set an “equal weight” rating on the stock in a research note on Friday, September 6th. ValuEngine upgraded At Home Group from a “buy” rating to a “strong-buy” rating in a report on Tuesday, December 3rd. Finally, TheStreet raised shares of At Home Group from a “d+” rating to a “c-” rating in a research note on Monday, September 30th. Two research analysts have rated the stock with a sell rating, seven have assigned a hold rating, three have issued a buy rating and one has given a strong buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of $10.98.

In other At Home Group news, CEO Lewis L. Bird III bought 64,005 shares of the company’s stock in a transaction dated Monday, September 9th. The shares were bought at an average price of $7.81 per share, for a total transaction of $499,879.05. Following the acquisition, the chief executive officer now directly owns 33,000 shares of the company’s stock, valued at $257,730. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Peter Sg Corsa bought 6,393 shares of the company’s stock in a transaction dated Monday, September 9th. The stock was acquired at an average price of $7.86 per share, for a total transaction of $50,248.98. The disclosure for this purchase can be found here. In the last ninety days, insiders bought 375,629 shares of company stock valued at $3,503,358. 9.25% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently made changes to their positions in the stock. FNY Investment Advisers LLC increased its stake in At Home Group by 156.5% in the 3rd quarter. FNY Investment Advisers LLC now owns 15,754 shares of the financial services provider’s stock valued at $151,000 after buying an additional 9,611 shares during the period. First Trust Advisors LP purchased a new position in shares of At Home Group during the 2nd quarter valued at $501,000. Cubist Systematic Strategies LLC grew its holdings in shares of At Home Group by 837.8% during the 2nd quarter. Cubist Systematic Strategies LLC now owns 458,171 shares of the financial services provider’s stock valued at $3,051,000 after acquiring an additional 409,317 shares in the last quarter. UBS Asset Management Americas Inc. grew its holdings in shares of At Home Group by 75.5% during the 2nd quarter. UBS Asset Management Americas Inc. now owns 36,597 shares of the financial services provider’s stock valued at $244,000 after acquiring an additional 15,741 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in shares of At Home Group by 2.0% in the second quarter. Vanguard Group Inc. now owns 4,103,960 shares of the financial services provider’s stock worth $27,332,000 after acquiring an additional 79,162 shares during the last quarter. 80.62% of the stock is currently owned by hedge funds and other institutional investors.

Shares of HOME traded up $0.19 during trading hours on Tuesday, hitting $5.67. 6,336,567 shares of the company were exchanged, compared to its average volume of 2,011,493. The company has a market capitalization of $351.15 million, a PE ratio of 6.52, a PEG ratio of 0.59 and a beta of 1.25. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.80 and a quick ratio of 0.07. The firm has a fifty day simple moving average of $8.84 and a 200-day simple moving average of $8.81. At Home Group has a one year low of $4.58 and a one year high of $25.00.

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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Earnings History and Estimates for At Home Group (NYSE:HOME)

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