At Home Group’s (HOME) “Equal Weight” Rating Reiterated at Morgan Stanley
At Home Group Inc (NASDAQ:HOME)‘s stock had its “equal weight” rating reaffirmed by equities researchers at Morgan Stanley in a research note issued to investors on Thursday. They currently have a $24.00 price objective on the financial services provider’s stock, up from their previous price objective of $20.00. Morgan Stanley’s target price would indicate a potential upside of 0.21% from the stock’s previous close.
Several other equities research analysts also recently weighed in on the company. Zacks Investment Research downgraded At Home Group from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. Goldman Sachs Group, Inc. (The) downgraded At Home Group from a “buy” rating to a “neutral” rating and increased their price target for the stock from $22.50 to $24.00 in a report on Friday, July 14th. SunTrust Banks, Inc. started coverage on At Home Group in a report on Thursday, July 6th. They issued a “buy” rating and a $28.00 price target on the stock. Jefferies Group LLC reiterated a “buy” rating and issued a $24.00 price target on shares of At Home Group in a report on Friday, July 14th. Finally, Bank of America Corporation increased their price target on At Home Group from $18.50 to $24.50 and gave the stock a “buy” rating in a report on Friday, June 9th. One equities research analyst has rated the stock with a sell rating, three have assigned a hold rating and six have issued a buy rating to the stock. At Home Group has a consensus rating of “Buy” and an average price target of $24.94.
Shares of At Home Group (HOME) traded up 3.95% during midday trading on Thursday, hitting $23.95. The stock had a trading volume of 612,384 shares. The company’s 50 day moving average is $23.18 and its 200 day moving average is $19.53. At Home Group has a 52-week low of $10.19 and a 52-week high of $26.40. The company has a market cap of $1.45 billion and a PE ratio of 47.52.
At Home Group (NASDAQ:HOME) last issued its quarterly earnings results on Tuesday, September 5th. The financial services provider reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.17 by $0.01. At Home Group had a return on equity of 7.44% and a net margin of 4.74%. 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 business posted $0.13 earnings per share. The company’s revenue for the quarter was up 23.2% on a year-over-year basis. On average, analysts anticipate that At Home Group will post $0.75 earnings per share for the current year.
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Institutional investors and hedge funds have recently added to or reduced their stakes in the business. D.A. Davidson & CO. purchased a new position in At Home Group during the 2nd quarter worth $235,000. Renaissance Technologies LLC purchased a new position in At Home Group during the 1st quarter worth $252,000. Teachers Advisors LLC increased its holdings in At Home Group by 97.1% during the 4th quarter. Teachers Advisors LLC now owns 17,416 shares of the financial services provider’s stock worth $255,000 after purchasing an additional 8,578 shares during the period. Neuberger Berman Group LLC purchased a new position in At Home Group during the 2nd quarter worth $293,000. Finally, 1st Global Advisors Inc. increased its holdings in At Home Group by 13.6% during the 1st quarter. 1st Global Advisors Inc. now owns 19,618 shares of the financial services provider’s stock worth $297,000 after purchasing an additional 2,346 shares during the period.
At Home Group Company Profile
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