At Home Group Inc (HOME) Expected to Post Earnings of $0.35 Per Share

Brokerages forecast that At Home Group Inc (NYSE:HOME) will report earnings of $0.35 per share for the current fiscal quarter, according to Zacks. Three analysts have made estimates for At Home Group’s earnings, with estimates ranging from $0.35 to $0.36. At Home Group reported earnings of $0.28 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 25%. The company is expected to report its next earnings results on Tuesday, March 27th.

On average, analysts expect that At Home Group will report full year earnings of $0.79 per share for the current year, with EPS estimates ranging from $0.79 to $0.80. For the next year, analysts expect that the firm will report earnings of $1.20 per share, with EPS estimates ranging from $1.14 to $1.26. Zacks’ EPS calculations are an average based on a survey of analysts that cover At Home Group.

At Home Group (NYSE:HOME) last posted its quarterly earnings data on Wednesday, November 29th. The financial services provider reported $0.07 EPS for the quarter, topping the consensus estimate of $0.04 by $0.03. The company had revenue of $213.00 million during the quarter, compared to analyst estimates of $201.29 million. At Home Group had a net margin of 4.18% and a return on equity of 7.53%. At Home Group’s quarterly revenue was up 24.8% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.03 earnings per share.

Several research firms have commented on HOME. Zacks Investment Research lowered shares of At Home Group from a “buy” rating to a “hold” rating and set a $35.00 price objective for the company. in a research note on Wednesday, January 3rd. Jefferies Group reaffirmed a “buy” rating and set a $35.00 price objective (up from $30.00) on shares of At Home Group in a research note on Thursday, November 30th. Barclays began coverage on shares of At Home Group in a research note on Thursday. They set an “overweight” rating and a $40.00 price objective for the company. KeyCorp reaffirmed a “buy” rating on shares of At Home Group in a research note on Thursday, December 21st. Finally, BidaskClub lowered shares of At Home Group from a “buy” rating to a “hold” rating in a research note on Thursday, October 12th. Three investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $30.61.

At Home Group (HOME) traded down $1.37 during midday trading on Monday, reaching $32.36. 84,077 shares of the company’s stock traded hands, compared to its average volume of 288,406. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.85 and a quick ratio of 0.06. The stock has a market capitalization of $2,042.35, a price-to-earnings ratio of 53.80, a price-to-earnings-growth ratio of 1.77 and a beta of 3.77. At Home Group has a 52 week low of $13.97 and a 52 week high of $34.01.

In other news, COO Peter Sg Corsa sold 17,250 shares of the business’s stock in a transaction on Monday, December 4th. The shares were sold at an average price of $29.00, for a total transaction of $500,250.00. Following the completion of the sale, the chief operating officer now directly owns 17,250 shares of the company’s stock, valued at $500,250. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, insider Alissa M. Ahlman sold 30,702 shares of the business’s stock in a transaction on Friday, December 1st. The shares were 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 of the company’s stock, valued at $508,166.40. The disclosure for this sale can be found here. Insiders have sold 6,300,740 shares of company stock valued at $154,962,358 over the last three months. Insiders own 7.30% of the company’s stock.

Several institutional investors and hedge funds have recently modified their holdings of the company. Macquarie Group Ltd. boosted its stake in shares of At Home Group by 0.8% during the second quarter. Macquarie Group Ltd. now owns 47,030 shares of the financial services provider’s stock valued at $1,095,000 after purchasing an additional 357 shares during the period. Neuberger Berman Group LLC boosted its stake in shares of 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 period. Goldman Sachs Group Inc. boosted its stake in shares of At Home Group by 5.8% during the second quarter. Goldman Sachs Group Inc. now owns 108,879 shares of the financial services provider’s stock valued at $2,536,000 after purchasing an additional 6,009 shares during the period. Syntal Capital Partners LLC purchased a new stake in shares of At Home Group during the fourth quarter valued at $273,000. Finally, D.A. Davidson & CO. purchased a new stake in shares of At Home Group during the second quarter valued at $235,000. 24.72% of the stock is owned by hedge funds and other institutional investors.

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At Home Group Company Profile

At Home Group, Inc is a home decor superstore. The Company is focused on providing a range of assortment of products for any room, in any style, for any budget. As of July 30, 2016, the Company offered over 50,000 stock keeping units (SKUs) throughout its stores. As of July 30, 2016, the Company’s store base is consisted of 115 format stores across 29 states and 65 markets, averaging approximately 120,000 square feet per store.

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Earnings History and Estimates for At Home Group (NYSE:HOME)

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