Jefferies Group Research Analysts Lift Earnings Estimates for At Home Group Inc (HOME)

At Home Group Inc (NYSE:HOME) – Research analysts at Jefferies Group boosted their Q1 2019 earnings estimates for shares of At Home Group in a report released on Friday. Jefferies Group analyst D. Binder now anticipates that the financial services provider will post earnings of $0.32 per share for the quarter, up from their prior estimate of $0.27. Jefferies Group has a “Buy” rating and a $35.00 price objective on the stock. Jefferies Group also issued estimates for At Home Group’s Q2 2019 earnings at $0.34 EPS, Q3 2019 earnings at $0.11 EPS and Q4 2019 earnings at $0.49 EPS.

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

Several other equities analysts have also recently weighed in on the stock. Zacks Investment Research cut shares of At Home Group from a “buy” rating to a “hold” rating in a research note on Tuesday. Guggenheim reiterated a “buy” rating and issued a $35.00 price objective on shares of At Home Group in a research note on Thursday, December 21st. KeyCorp reiterated a “buy” rating on shares of At Home Group in a research note on Thursday, December 21st. BidaskClub cut shares of At Home Group from a “buy” rating to a “hold” rating in a research note on Thursday, October 12th. Finally, SunTrust Banks reissued a “buy” rating on shares of At Home Group in a report on Monday, September 18th. Four analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $29.31.

Shares of At Home Group (NYSE HOME) traded up $0.27 during trading hours on Monday, hitting $32.02. 278,097 shares of the stock traded hands, compared to its average volume of 378,683. At Home Group has a 52-week low of $13.97 and a 52-week high of $32.32. The company has a quick ratio of 0.06, a current ratio of 0.85 and a debt-to-equity ratio of 0.56. The company has a market cap of $1,920.00 and a PE ratio of 53.37.

In related news, CEO Lewis L. Bird III sold 79,764 shares of the stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $27.50, for a total value of $2,193,510.00. Following the completion of the sale, the chief executive officer now directly owns 52,882 shares of the company’s stock, valued at approximately $1,454,255. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Peter Sg Corsa sold 13,600 shares of the stock in a transaction that occurred on Wednesday, January 3rd. The stock was sold at an average price of $30.96, for a total transaction of $421,056.00. Following the completion of the sale, the chief operating officer now directly owns 13,600 shares of the company’s stock, valued at $421,056. The disclosure for this sale can be found here. Insiders sold a total of 6,059,123 shares of company stock valued at $147,115,802 over the last three months. 7.30% of the stock is currently owned by insiders.

Institutional investors and hedge funds have recently made changes to their positions in the business. D.A. Davidson & CO. purchased a new stake in At Home Group during the 2nd quarter valued at approximately $235,000. Dimensional Fund Advisors LP purchased a new stake in At Home Group during the 3rd quarter valued at approximately $245,000. Citadel Advisors LLC purchased a new stake in At Home Group during the 3rd quarter valued at approximately $254,000. Neuberger Berman Group LLC purchased a new stake in At Home Group during the 2nd quarter valued at approximately $293,000. Finally, GSA Capital Partners LLP purchased a new stake in At Home Group during the 3rd quarter valued at approximately $295,000. 24.72% of the stock is owned by institutional investors and hedge funds.

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At Home Group Company Profile

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

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