At Home Group’s (HOME) “Buy” Rating Reiterated at Guggenheim
At Home Group Inc (NASDAQ:HOME)‘s stock had its “buy” rating reiterated by investment analysts at Guggenheim in a note issued to investors on Wednesday. They currently have a $28.00 target price on the financial services provider’s stock, up from their previous target price of $23.00. Guggenheim’s price objective would suggest a potential upside of 22.00% from the stock’s previous close.
HOME has been the topic of a number of other research reports. KeyCorp started coverage on At Home Group in a research note on Monday, August 21st. They set an “overweight” rating and a $29.00 target price on the stock. Goldman Sachs Group, Inc. (The) lowered At Home Group from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $22.50 to $24.00 in a research note on Friday, July 14th. Zacks Investment Research lowered At Home Group from a “hold” rating to a “sell” rating in a research note on Tuesday, July 18th. SunTrust Banks, Inc. initiated coverage on At Home Group in a research note on Thursday, July 6th. They set a “buy” rating and a $28.00 price objective on the stock. Finally, Bank of America Corporation raised their price objective 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. One analyst has rated the stock with a sell rating, two have assigned a hold rating and six have issued a buy rating to the company. At Home Group currently has an average rating of “Buy” and an average target price of $24.94.
Shares of At Home Group (NASDAQ:HOME) traded down 4.18% during mid-day trading on Wednesday, hitting $22.95. The stock had a trading volume of 258,126 shares. The stock has a market capitalization of $1.39 billion and a P/E ratio of 45.54. At Home Group has a 52 week low of $10.19 and a 52 week high of $26.40. The stock has a 50 day moving average of $23.20 and a 200-day moving average of $19.58.
At Home Group (NASDAQ:HOME) last announced its earnings results on Tuesday, September 5th. The financial services provider reported $0.18 earnings per share for the quarter, topping the Zacks’ consensus estimate of $0.17 by $0.01. The company 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%. The firm’s quarterly revenue was up 23.2% compared to the same quarter last year. During the same quarter last year, the company earned $0.13 earnings per share. On average, equities research analysts predict that At Home Group will post $0.78 earnings per share for the current year.
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A number of institutional investors have recently bought and sold shares of the business. Capital World Investors bought a new position in At Home Group during the 2nd quarter worth $42,643,000. Point72 Asset Management L.P. increased its stake in At Home Group by 137.1% during the 1st quarter. Point72 Asset Management L.P. now owns 918,000 shares of the financial services provider’s stock worth $13,917,000 after acquiring an additional 530,774 shares during the period. Principal Financial Group Inc. increased its stake in At Home Group by 0.8% during the 1st quarter. Principal Financial Group Inc. now owns 663,997 shares of the financial services provider’s stock worth $10,066,000 after acquiring an additional 5,108 shares during the period. 1060 Capital LLC increased its stake in At Home Group by 225.2% during the 2nd quarter. 1060 Capital LLC now owns 504,802 shares of the financial services provider’s stock worth $11,757,000 after acquiring an additional 349,572 shares during the period. Finally, William Blair Investment Management LLC bought a new position in At Home Group during the 2nd quarter worth $10,798,000.
About At Home Group
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