SunTrust Banks Research Analysts Lower Earnings Estimates for At Home Group Inc (HOME)
At Home Group Inc (NASDAQ:HOME) – Equities research analysts at SunTrust Banks dropped their Q3 2018 earnings per share estimates for shares of At Home Group in a research note issued on Tuesday. SunTrust Banks analyst D. Magee now anticipates that the financial services provider will post earnings of $0.04 per share for the quarter, down from their prior forecast of $0.05. SunTrust Banks has a “Buy” rating and a $28.00 price target on the stock. SunTrust Banks also issued estimates for At Home Group’s Q4 2018 earnings at $0.34 EPS, FY2018 earnings at $0.75 EPS and FY2020 earnings at $1.15 EPS.
A number of other analysts have also recently issued reports on the company. Zacks Investment Research cut At Home Group from a “hold” rating to a “sell” rating in a research report on Tuesday, July 18th. Goldman Sachs Group, Inc. (The) cut At Home Group from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $22.50 to $24.00 in a report on Friday, July 14th. Jefferies Group LLC reissued a “buy” rating and set a $24.00 price target on shares of At Home Group in a report on Friday, July 14th. Bank of America Corporation lifted 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. Finally, Morgan Stanley lifted their price target on 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 equities research analyst has rated the stock with a sell rating, three have given a hold rating and six have assigned a buy rating to the company’s stock. At Home Group presently has an average rating of “Buy” and an average price target of $24.44.
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Shares of At Home Group (NASDAQ:HOME) traded down 0.543% on Thursday, hitting $22.915. The stock had a trading volume of 222,053 shares. At Home Group has a 52 week low of $10.19 and a 52 week high of $26.40. The stock’s 50-day moving average price is $23.18 and its 200 day moving average price is $19.53. The company has a market cap of $1.38 billion and a PE ratio of 45.466.
At Home Group (NASDAQ:HOME) last issued its quarterly earnings results on Tuesday, September 5th. The financial services provider reported $0.18 EPS for the quarter, topping analysts’ consensus estimates 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 company had revenue of $232.07 million during the quarter, compared to analyst estimates of $227.06 million. During the same period in the previous year, the company earned $0.13 earnings per share. The company’s quarterly revenue was up 23.2% compared to the same quarter last year.
A number of large investors have recently added to or reduced their stakes in HOME. Teachers Advisors LLC lifted 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 last quarter. Wells Fargo & Company MN lifted its holdings in At Home Group by 2.6% during the 1st quarter. Wells Fargo & Company MN now owns 40,684 shares of the financial services provider’s stock worth $618,000 after purchasing an additional 1,021 shares during the last quarter. Bank of New York Mellon Corp lifted its holdings in At Home Group by 13.2% during the 1st quarter. Bank of New York Mellon Corp now owns 29,404 shares of the financial services provider’s stock worth $445,000 after purchasing an additional 3,425 shares during the last quarter. 1st Global Advisors Inc. lifted 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 last quarter. Finally, 1060 Capital LLC acquired a new stake in At Home Group during the 1st quarter worth approximately $2,353,000.
About At Home Group
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