Zacks: Analysts Anticipate At Home Group Inc (HOME) to Post $0.35 EPS

Brokerages expect At Home Group Inc (NYSE:HOME) to report $0.35 earnings per share for the current quarter, according to Zacks Investment Research. Three analysts have provided estimates for At Home Group’s earnings. The highest EPS estimate is $0.36 and the lowest is $0.35. 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 quarterly earnings report 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 financial year, with EPS estimates ranging from $0.79 to $0.80. For the next year, analysts expect that the business will post earnings of $1.19 per share, with EPS estimates ranging from $1.10 to $1.26. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research analysts that follow At Home Group.

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

HOME has been the topic of a number of recent analyst reports. Zacks Investment Research upgraded shares of At Home Group from a “hold” rating to a “buy” rating and set a $36.00 price target on the stock in a research report on Wednesday, January 10th. Guggenheim restated a “buy” rating and issued a $35.00 price target on shares of At Home Group in a research report on Thursday, December 21st. KeyCorp restated a “buy” rating on shares of At Home Group in a research report on Thursday, December 21st. Jefferies Group restated a “buy” rating and issued a $35.00 price target (up previously from $30.00) on shares of At Home Group in a research report on Thursday, November 30th. Finally, Barclays initiated coverage on shares of At Home Group in a research report on Thursday, January 25th. They issued an “overweight” rating and a $40.00 price target on the stock. Four analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. At Home Group currently has an average rating of “Buy” and an average target price of $30.61.

Shares of At Home Group (HOME) traded down $0.11 during midday trading on Thursday, hitting $29.95. 37,137 shares of the stock were exchanged, compared to its average volume of 256,583. The firm has a market cap of $1,822.56, a P/E ratio of 49.77, a P/E/G ratio of 1.06 and a beta of 2.40. At Home Group has a 1 year low of $13.97 and a 1 year high of $34.01. The company has a quick ratio of 0.06, a current ratio of 0.85 and a debt-to-equity ratio of 0.56.

In related news, CFO Judd T. Nystrom sold 84,854 shares of the business’s stock in a transaction on Thursday, January 25th. The shares were sold at an average price of $33.99, for a total transaction of $2,884,187.46. Following the transaction, the chief financial officer now owns 124,854 shares in the company, valued at approximately $4,243,787.46. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, 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 transaction, the chief operating officer now owns 17,250 shares in the company, valued at approximately $500,250. The disclosure for this sale can be found here. Insiders have sold a total of 6,439,046 shares of company stock worth $159,525,332 in the last quarter. 7.14% of the stock is owned by corporate insiders.

A number of hedge funds have recently made changes to their positions in the business. Peregrine Capital Management LLC increased its stake in At Home Group by 14.7% during the 3rd quarter. Peregrine Capital Management LLC now owns 672,391 shares of the financial services provider’s stock valued at $15,357,000 after purchasing an additional 85,922 shares in the last quarter. Shellback Capital LP bought a new stake in At Home Group during the 4th quarter valued at $18,264,000. CI Investments Inc. bought a new stake in At Home Group during the 4th quarter valued at $13,353,000. Gilder Gagnon Howe & Co. LLC increased its stake in At Home Group by 414.4% during the 4th quarter. Gilder Gagnon Howe & Co. LLC now owns 423,918 shares of the financial services provider’s stock valued at $12,883,000 after purchasing an additional 341,509 shares in the last quarter. Finally, Vanguard Group Inc. increased its stake in At Home Group by 9.1% during the 2nd quarter. Vanguard Group Inc. now owns 406,885 shares of the financial services provider’s stock valued at $9,477,000 after purchasing an additional 34,040 shares in the last quarter. Institutional investors and hedge funds own 25.44% of the company’s stock.

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About At Home Group

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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