At Home Group Inc (HOME) Expected to Announce Quarterly Sales of $201.53 Million
Equities analysts expect At Home Group Inc (NASDAQ:HOME) to report sales of $201.53 million for the current quarter, Zacks Investment Research reports. Four analysts have issued estimates for At Home Group’s earnings, with the highest sales estimate coming in at $203.30 million and the lowest estimate coming in at $200.30 million. At Home Group reported sales of $170.68 million in the same quarter last year, which would indicate a positive year over year growth rate of 18.1%. The company is expected to report its next earnings results on Tuesday, December 5th.
On average, analysts expect that At Home Group will report full year sales of $201.53 million for the current fiscal year, with estimates ranging from $916.60 million to $929.63 million. For the next fiscal year, analysts forecast that the company will post sales of $1.10 billion per share, with estimates ranging from $1.09 billion to $1.11 billion. Zacks’ sales averages are a mean average based on a survey of research analysts that cover At Home Group.
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, beating the Zacks’ 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 net margin of 4.11% and a return on equity of 6.89%. The company’s revenue for the quarter was up 23.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.13 earnings per share.
HOME has been the subject of a number of research reports. SunTrust Banks, Inc. started coverage on At Home Group in a research note on Thursday, July 6th. They set a “buy” rating and a $28.00 target price for the company. Goldman Sachs Group, Inc. (The) cut At Home Group from a “buy” rating to a “neutral” rating and boosted their target price for the stock from $22.50 to $24.00 in a research note on Friday, July 14th. Jefferies Group LLC reissued a “buy” rating and set a $24.00 target price on shares of At Home Group in a research note on Friday, July 14th. Zacks Investment Research cut At Home Group from a “hold” rating to a “sell” rating in a research note on Tuesday, July 18th. Finally, 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 for the company. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. At Home Group currently has a consensus rating of “Buy” and a consensus target price of $25.94.
A number of hedge funds and other institutional investors have recently made changes to their positions in HOME. Capital World Investors purchased a new stake in shares of At Home Group in the 2nd quarter valued at about $42,643,000. William Blair Investment Management LLC purchased a new stake in shares of At Home Group in the 2nd quarter valued at about $10,798,000. 1060 Capital LLC lifted its holdings 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 purchasing an additional 349,572 shares during the last quarter. American Century Companies Inc. lifted its holdings in shares of At Home Group by 349.7% in the 3rd quarter. American Century Companies Inc. now owns 199,593 shares of the financial services provider’s stock valued at $4,559,000 after purchasing an additional 155,205 shares during the last quarter. Finally, Lord Abbett & CO. LLC purchased a new stake in shares of At Home Group in the 2nd quarter valued at about $3,320,000.
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