At Home Group Inc (HOME) Receives Consensus Recommendation of “Buy” from Analysts
At Home Group Inc (NASDAQ:HOME) has earned a consensus recommendation of “Buy” from the nine brokerages that are covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among brokerages that have covered the stock in the last year is $25.92.
Several equities analysts have recently issued reports on the company. Zacks Investment Research lowered At Home Group from a “buy” rating to a “hold” rating in a report on Tuesday. Jefferies Group LLC reaffirmed a “buy” rating and issued a $24.00 target price on shares of At Home Group in a report on Friday, July 14th. BidaskClub lowered At Home Group from a “buy” rating to a “hold” rating in a report on Thursday, October 12th. SunTrust Banks, Inc. reaffirmed a “buy” rating on shares of At Home Group in a report on Monday, September 18th. Finally, Morgan Stanley reaffirmed an “equal weight” rating and issued a $24.00 target price (up from $20.00) on shares of At Home Group in a report on Thursday, September 7th.
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A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Capital World Investors bought a new position in At Home Group in the second quarter valued at $42,643,000. Point72 Asset Management L.P. increased its stake in At Home Group by 137.1% in the first quarter. Point72 Asset Management L.P. now owns 918,000 shares of the financial services provider’s stock valued at $13,917,000 after acquiring an additional 530,774 shares during the last quarter. Principal Financial Group Inc. increased its stake in At Home Group by 0.8% in the first quarter. Principal Financial Group Inc. now owns 663,997 shares of the financial services provider’s stock valued at $10,066,000 after acquiring an additional 5,108 shares during the last quarter. 1060 Capital LLC increased its stake in At Home Group by 225.2% in the second quarter. 1060 Capital LLC now owns 504,802 shares of the financial services provider’s stock valued at $11,757,000 after acquiring an additional 349,572 shares during the last quarter. Finally, William Blair Investment Management LLC bought a new position in At Home Group in the second quarter valued at $10,798,000.
Shares of At Home Group (HOME) opened at 21.54 on Wednesday. The stock has a 50 day moving average price of $22.45 and a 200-day moving average price of $22.45. The firm has a market capitalization of $1.30 billion and a PE ratio of 40.34. At Home Group has a 52-week low of $10.19 and a 52-week high of $26.40.
At Home Group (NASDAQ:HOME) last released its earnings results on Tuesday, September 5th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.01. The company had revenue of $232.07 million during the quarter, compared to analyst estimates of $227.06 million. At Home Group had a return on equity of 6.89% and a net margin of 4.11%. At Home Group’s quarterly revenue was up 23.2% on a year-over-year basis. During the same period in the prior year, the company posted $0.13 earnings per share. Equities analysts forecast that At Home Group will post $0.75 EPS for the current year.
At Home Group Company Profile
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