Brokers Issue Forecasts for At Home Group Inc’s Q3 2018 Earnings (HOME)
At Home Group Inc (NASDAQ:HOME) – William Blair reduced their Q3 2018 earnings per share estimates for At Home Group in a note issued to investors on Wednesday. William Blair analyst D. Hofkin now expects that the financial services provider will earn $0.04 per share for the quarter, down from their previous estimate of $0.06.
At Home Group (NASDAQ:HOME) last released its quarterly earnings results on Tuesday, September 5th. The financial services provider reported $0.18 EPS for the quarter, topping the consensus estimate of $0.17 by $0.01. The firm had revenue of $232.07 million for the quarter, compared to analyst estimates of $227.06 million. At Home Group had a return on equity of 7.44% and a net margin of 4.74%. At Home Group’s revenue for the quarter was up 23.2% on a year-over-year basis. During the same period in the previous year, the company posted $0.13 EPS.
TRADEMARK VIOLATION WARNING: “Brokers Issue Forecasts for At Home Group Inc’s Q3 2018 Earnings (HOME)” was originally posted by American Banking News and is the sole property of of American Banking News. If you are accessing this report on another domain, it was illegally stolen and reposted in violation of US & international trademark & copyright law. The correct version of this report can be accessed at https://www.americanbankingnews.com/2017/09/07/brokers-issue-forecasts-for-at-home-group-incs-q3-2018-earnings-home.html.
A number of other brokerages also recently weighed in on HOME. Guggenheim reiterated a “buy” rating and set a $28.00 price target (up from $23.00) on shares of At Home Group in a report on Wednesday. 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. began coverage on At Home Group in a report on Thursday, July 6th. They set a “buy” rating and a $28.00 price target for the company. Zacks Investment Research downgraded At Home Group from a “hold” rating to a “sell” rating in a report on Tuesday, July 18th. 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 analyst has rated the stock with a sell rating, three have issued a hold rating and six have given a buy rating to the company. The company presently has a consensus rating of “Buy” and a consensus price target of $24.44.
At Home Group (HOME) traded down 0.39% during trading on Thursday, reaching $22.95. The company had a trading volume of 221,015 shares. The stock has a 50 day moving average of $23.18 and a 200-day moving average of $19.53. The company has a market capitalization of $1.39 billion and a P/E ratio of 45.54. At Home Group has a 12 month low of $10.19 and a 12 month high of $26.40.
Several institutional investors and hedge funds have recently modified their holdings of the company. Capital World Investors acquired a new stake in shares of At Home Group in the 2nd quarter valued at about $42,643,000. Point72 Asset Management L.P. grew its stake in shares of At Home Group by 137.1% in the 1st 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. Principal Financial Group Inc. grew its stake in shares of At Home Group by 0.8% in the 1st quarter. Principal Financial Group Inc. now owns 663,997 shares of the financial services provider’s stock valued at $10,066,000 after buying an additional 5,108 shares during the period. 1060 Capital LLC grew its stake in shares of At Home Group by 225.2% in the 2nd quarter. 1060 Capital LLC now owns 504,802 shares of the financial services provider’s stock valued at $11,757,000 after buying an additional 349,572 shares during the period. Finally, William Blair Investment Management LLC acquired a new stake in shares of At Home Group in the 2nd quarter valued at about $10,798,000.
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.