Jefferies Group Comments on At Home Group Inc’s Q1 2019 Earnings (HOME)

At Home Group Inc (NYSE:HOME) – Jefferies Group issued their Q1 2019 earnings per share (EPS) estimates for shares of At Home Group in a research report issued to clients and investors on Thursday. Jefferies Group analyst D. Binder anticipates that the financial services provider will post earnings of $0.27 per share for the quarter. Jefferies Group currently has a “Buy” rating and a $35.00 target price on the stock. Jefferies Group also issued estimates for At Home Group’s Q2 2019 earnings at $0.28 EPS, Q3 2019 earnings at $0.09 EPS, Q4 2019 earnings at $0.40 EPS and FY2019 earnings at $1.04 EPS.

At Home Group (NYSE:HOME) last announced its quarterly earnings results on Wednesday, November 29th. The financial services provider reported $0.07 EPS for the quarter, beating 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 the consensus estimate of $201.29 million. During the same period last year, the firm earned $0.03 EPS. The business’s quarterly revenue was up 24.8% compared to the same quarter last year.

Other analysts have also recently issued research reports about the stock. BidaskClub cut shares of At Home Group from a “buy” rating to a “hold” rating in a research report on Thursday, October 12th. SunTrust Banks reiterated a “buy” rating on shares of At Home Group in a research report on Monday, September 18th. 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 report on Thursday, September 7th. 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 report on Wednesday, September 6th. Finally, Zacks Investment Research upgraded shares of At Home Group from a “hold” rating to a “buy” rating and set a $24.00 target price on the stock in a research report on Thursday, October 19th. Four equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The company has a consensus rating of “Buy” and an average target price of $27.06.

At Home Group (NYSE:HOME) traded up $0.62 during trading on Friday, hitting $28.25. 1,246,386 shares of the stock traded hands, compared to its average volume of 190,306. 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 stock has a market cap of $1,710.00 and a PE ratio of 33.74. At Home Group has a 12-month low of $12.40 and a 12-month high of $28.89.

Institutional investors have recently modified their holdings of the business. D.A. Davidson & CO. purchased a new position in At Home Group in the second quarter worth about $235,000. Dimensional Fund Advisors LP purchased a new position in At Home Group in the third quarter worth about $245,000. Citadel Advisors LLC purchased a new position in shares of At Home Group during the third quarter valued at approximately $254,000. Neuberger Berman Group LLC purchased a new position in shares of At Home Group during the second quarter valued at approximately $293,000. Finally, GSA Capital Partners LLP purchased a new position in shares of At Home Group during the third quarter valued at approximately $295,000. 24.75% of the stock is owned by institutional investors and hedge funds.

In related news, CEO Lewis L. Bird III sold 79,764 shares of the business’s 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 sale, the chief executive officer now owns 52,882 shares of the company’s stock, valued at $1,454,255. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Alissa M. Ahlman sold 30,702 shares of the business’s stock in a transaction dated Friday, December 1st. The stock was sold at an average price of $26.60, for a total transaction of $816,673.20. Following the sale, the insider now directly owns 19,104 shares in the company, valued at approximately $508,166.40. The disclosure for this sale can be found here. Insiders own 7.30% of the company’s stock.

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At Home Group Company Profile

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