KeyCorp Weighs in on At Home Group Inc’s FY2019 Earnings (HOME)

At Home Group Inc (NYSE:HOME) – Analysts at KeyCorp lifted their FY2019 earnings estimates for At Home Group in a research report issued to clients and investors on Wednesday. KeyCorp analyst B. Thomas now expects that the financial services provider will earn $1.19 per share for the year, up from their previous estimate of $0.98. KeyCorp has a “Buy” rating on the stock.

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 4.18% and a return on equity of 7.53%. 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.

Other analysts have also issued research reports about the stock. Zacks Investment Research upgraded shares of At Home Group from a “hold” rating to a “buy” rating and set a $36.00 target price for the company in a research note on Wednesday. Guggenheim reiterated a “buy” rating and issued a $35.00 target price on shares of At Home Group in a research note on Thursday, December 21st. BidaskClub lowered shares of At Home Group from a “buy” rating to a “hold” rating in a research note on Thursday, October 12th. SunTrust Banks reiterated a “buy” rating on shares of At Home Group in a research note on Monday, September 18th. Finally, 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, November 30th. Three research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. The company has a consensus rating of “Buy” and a consensus price target of $29.44.

At Home Group (NYSE:HOME) traded down $0.06 during midday trading on Monday, hitting $31.96. 168,200 shares of the stock traded hands, compared to its average volume of 652,391. At Home Group has a 12-month low of $13.97 and a 12-month high of $32.32. The company has a debt-to-equity ratio of 0.56, a quick ratio of 0.06 and a current ratio of 0.85. The company has a market cap of $1,940.00 and a price-to-earnings ratio of 53.27.

A number of large investors have recently modified their holdings of the business. Macquarie Group Ltd. boosted its position in 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 worth $1,095,000 after purchasing an additional 357 shares during the period. Neuberger Berman Group LLC boosted its position 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 worth $388,000 after purchasing an additional 4,400 shares during the period. Goldman Sachs Group Inc. boosted its position in 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 worth $2,536,000 after purchasing an additional 6,009 shares during the period. D.A. Davidson & CO. bought a new position in At Home Group during the second quarter worth about $235,000. Finally, Swiss National Bank boosted its position in At Home Group by 51.8% during the second quarter. Swiss National Bank now owns 30,200 shares of the financial services provider’s stock worth $703,000 after purchasing an additional 10,300 shares during the period. Hedge funds and other institutional investors own 24.72% of the company’s stock.

In other At Home Group 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Judd T. Nystrom sold 29,719 shares of the stock in a transaction dated Tuesday, January 9th. The stock was sold at an average price of $31.76, for a total transaction of $943,875.44. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 6,098,842 shares of company stock valued at $148,379,677. 7.30% of the stock is owned by company insiders.

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At Home Group Company Profile

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

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