Brokers Issue Forecasts for At Home Group Inc’s FY2018 Earnings (HOME)

At Home Group Inc (NYSE:HOME) – KeyCorp raised their FY2018 earnings per share estimates for At Home Group in a research note issued on Wednesday. KeyCorp analyst B. Thomas now expects that the financial services provider will post earnings per share of $0.79 for the year, up from their prior estimate of $0.75. KeyCorp has a “Overweight” rating and a $29.00 price target on the stock. KeyCorp also issued estimates for At Home Group’s Q4 2018 earnings at $0.35 EPS and FY2019 earnings at $0.98 EPS.

At Home Group (NYSE:HOME) last posted its earnings results on Wednesday, November 29th. The financial services provider reported $0.07 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.03. At Home Group had a net margin of 3.88% and a return on equity of 7.52%. The firm had revenue of $213.00 million during the quarter, compared to analyst estimates of $201.29 million. During the same quarter in the prior year, the business posted $0.03 EPS. The business’s revenue was up 24.8% compared to the same quarter last year.

Several other research firms have also issued reports on HOME. Guggenheim reiterated a “buy” rating and issued a $28.00 target price (up previously from $23.00) on shares of At Home Group in a research note on Wednesday, September 6th. Morgan Stanley reiterated an “equal weight” rating and issued a $24.00 target price (up previously from $20.00) on shares of At Home Group in a research note on Thursday, September 7th. Jefferies Group reiterated a “buy” rating and issued a $35.00 target price (up previously from $30.00) on shares of At Home Group in a research note on Thursday. SunTrust Banks reiterated a “buy” rating on shares of At Home Group in a research note on Monday, September 18th. Finally, BidaskClub lowered shares of At Home Group from a “buy” rating to a “hold” rating in a research note on Thursday, October 12th. Four research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and an average target price of $27.06.

At Home Group (NYSE:HOME) traded up $0.62 during midday trading on Friday, hitting $28.25. 1,246,386 shares of the stock traded hands, compared to its average volume of 190,306. At Home Group has a 12-month low of $12.40 and a 12-month high of $28.89. The company has a debt-to-equity ratio of 0.57, a quick ratio of 0.06 and a current ratio of 0.82. The company has a market cap of $1,710.00 and a price-to-earnings ratio of 33.74.

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. GSA Capital Partners LLP bought a new position in At Home Group during the third quarter valued at about $295,000. Neuberger Berman Group LLC lifted its holdings in At Home Group by 34.9% during the third quarter. Neuberger Berman Group LLC now owns 17,000 shares of the financial services provider’s stock valued at $388,000 after purchasing an additional 4,400 shares during the last quarter. PEAK6 Investments L.P. purchased a new stake in At Home Group during the third quarter valued at about $1,956,000. Dimensional Fund Advisors LP purchased a new stake in At Home Group during the third quarter valued at about $245,000. Finally, Citadel Advisors LLC purchased a new stake in At Home Group during the third quarter valued at about $254,000. Institutional investors own 24.75% of the company’s stock.

In related news, CEO Lewis L. Bird III sold 79,764 shares of the stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $27.50, for a total transaction of $2,193,510.00. Following the completion of the transaction, the chief executive officer now owns 52,882 shares in the company, valued at $1,454,255. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, insider Alissa M. Ahlman sold 30,702 shares of the stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $26.60, for a total transaction of $816,673.20. Following the transaction, the insider now owns 19,104 shares of the company’s stock, valued at approximately $508,166.40. The disclosure for this sale can be found here. 7.30% of the stock is currently owned by corporate insiders.

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