At Home Group Inc (HOME) Issues Earnings Results, Beats Expectations By $0.01 EPS
At Home Group Inc (NASDAQ:HOME) announced its quarterly earnings results on Tuesday. The financial services provider reported $0.18 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.01, Briefing.com reports. At Home Group had a net margin of 4.74% and a return on equity of 7.44%. The firm had revenue of $232.07 million for the quarter, compared to the consensus estimate of $227.06 million. During the same period in the prior year, the firm posted $0.13 earnings per share. The firm’s quarterly revenue was up 23.2% compared to the same quarter last year. At Home Group updated its FY18 guidance to $0.73-0.75 EPS.
At Home Group (NASDAQ HOME) traded up 0.99% during trading on Tuesday, reaching $25.63. 603,749 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $23.06 and its 200-day moving average price is $19.35. The stock has a market cap of $1.55 billion and a P/E ratio of 50.85. At Home Group has a one year low of $10.19 and a one year high of $26.40.
HOME has been the topic of a number of recent analyst reports. Jefferies Group LLC set a $26.00 price target on shares of At Home Group and gave the stock a “buy” rating in a report on Wednesday, August 23rd. Guggenheim increased their price target on shares of At Home Group from $19.00 to $23.00 and gave the stock a “buy” rating in a report on Thursday, June 8th. SunTrust Banks, Inc. initiated coverage on shares of At Home Group in a report on Thursday, July 6th. They set a “buy” rating and a $28.00 price target on the stock. Bank of America Corporation increased their price target on shares of At Home Group from $18.50 to $24.50 and gave the stock a “buy” rating in a report on Friday, June 9th. Finally, Morgan Stanley increased their price target on shares of At Home Group from $17.00 to $20.00 and gave the stock an “equal weight” rating in a report on Friday, June 9th. One investment analyst has rated the stock with a sell rating, three have issued a hold rating and six have issued a buy rating to the company. At Home Group has a consensus rating of “Buy” and a consensus price target of $23.81.
An institutional investor recently raised its position in At Home Group stock. State Street Corp increased its holdings in At Home Group Inc (NASDAQ:HOME) by 18.8% during the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 128,935 shares of the financial services provider’s stock after buying an additional 20,449 shares during the period. State Street Corp owned about 0.21% of At Home Group worth $3,002,000 as of its most recent SEC filing.
At Home Group Company Profile
Receive News & Ratings for At Home Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for At Home Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.