Equities research analysts expect that At Home Group Inc (NASDAQ:HOME) will announce sales of $226.40 million for the current fiscal quarter, Zacks reports. Two analysts have provided estimates for At Home Group’s earnings, with estimates ranging from $225.00 million to $227.80 million. At Home Group reported sales of $188.36 million during the same quarter last year, which indicates a positive year-over-year growth rate of 20.2%. The firm is expected to issue its next quarterly earnings results on Tuesday, September 12th.
On average, analysts expect that At Home Group will report full year sales of $226.40 million for the current fiscal year, with estimates ranging from $911.60 million to $916.00 million. For the next fiscal year, analysts expect that the business will post sales of $1.08 billion per share, with estimates ranging from $1.08 billion to $1.09 billion. Zacks’ sales calculations are a mean average based on a survey of analysts that that provide coverage for At Home Group.
At Home Group (NASDAQ:HOME) last announced its earnings results on Wednesday, June 7th. The financial services provider reported $0.19 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.19. The firm had revenue of $211.84 million during the quarter, compared to analysts’ expectations of $208.90 million. At Home Group had a return on equity of 7.44% and a net margin of 4.74%. The company’s revenue was up 23.1% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.15 earnings per share.
Several brokerages have recently commented on HOME. Morgan Stanley lifted their target price on At Home Group from $17.00 to $20.00 and gave the stock an “equal weight” rating in a research note on Friday, June 9th. Guggenheim lifted their target price on At Home Group from $19.00 to $23.00 and gave the stock a “buy” rating in a research note on Thursday, June 8th. Zacks Investment Research downgraded At Home Group from a “hold” rating to a “sell” rating in a research note on Thursday, March 30th. SunTrust Banks, Inc. began coverage on At Home Group in a research note on Thursday. They set a “buy” rating and a $28.00 target price for the company. Finally, Bank of America Corporation lifted their target price on At Home Group from $18.50 to $24.50 and gave the stock a “buy” rating in a research note on Friday, June 9th. Three analysts have rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. The company has a consensus rating of “Buy” and an average price target of $22.07.
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Shares of At Home Group (NASDAQ HOME) opened at 23.12 on Friday. The firm’s 50-day moving average price is $20.60 and its 200-day moving average price is $16.74. The company has a market cap of $1.40 billion and a PE ratio of 45.87. At Home Group has a 12 month low of $10.19 and a 12 month high of $24.45.
A number of hedge funds have recently added to or reduced their stakes in the stock. Pegasus Partners Ltd. purchased a new stake in At Home Group during the fourth quarter valued at about $2,200,000. Point72 Asset Management L.P. increased its stake in At Home Group by 137.1% in the first quarter. Point72 Asset Management L.P. now owns 918,000 shares of the financial services provider’s stock valued at $13,917,000 after buying an additional 530,774 shares during the period. Systematic Financial Management LP purchased a new stake in At Home Group during the first quarter valued at about $3,593,000. Scopus Asset Management L.P. purchased a new stake in At Home Group during the first quarter valued at about $2,964,000. Finally, 1060 Capital LLC purchased a new stake in At Home Group during the first quarter valued at about $2,353,000.
About At Home Group
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