At Home Group (NYSE:HOME) Shares Down 7%

At Home Group Inc (NYSE:HOME) dropped 7% on Thursday . The company traded as low as $5.49 and last traded at $5.57, approximately 3,735,536 shares traded hands during trading. An increase of 45% from the average daily volume of 2,579,428 shares. The stock had previously closed at $5.99.

HOME has been the subject of a number of recent analyst reports. TheStreet lowered At Home Group from a “c-” rating to a “d+” rating in a research note on Thursday, June 27th. Loop Capital lifted their target price on At Home Group to $8.00 and gave the stock a “hold” rating in a research report on Friday, June 7th. KeyCorp decreased their target price on At Home Group from $35.00 to $14.00 and set an “overweight” rating for the company in a research report on Friday, June 7th. They noted that the move was a valuation call. ValuEngine lowered At Home Group from a “hold” rating to a “sell” rating in a research report on Monday, June 3rd. Finally, Gordon Haskett upgraded At Home Group from a “hold” rating to an “accumulate” rating in a research report on Friday, June 7th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company’s stock. At Home Group presently has an average rating of “Hold” and a consensus price target of $17.67.

The stock has a market cap of $383.61 million, a P/E ratio of 7.45, a price-to-earnings-growth ratio of 0.58 and a beta of 1.33. The company has a 50-day moving average of $6.69. The company has a current ratio of 0.82, a quick ratio of 0.06 and a debt-to-equity ratio of 1.67.

At Home Group (NYSE:HOME) last issued its earnings results on Thursday, June 6th. The financial services provider reported $0.03 EPS for the quarter, topping the consensus estimate of $0.02 by $0.01. At Home Group had a return on equity of 6.17% and a net margin of 3.66%. The company had revenue of $306.30 million during the quarter, compared to analyst estimates of $305.43 million. During the same quarter last year, the firm earned $0.31 EPS. The business’s revenue was up 19.6% on a year-over-year basis. As a group, sell-side analysts expect that At Home Group Inc will post 0.59 EPS for the current year.

A number of large investors have recently added to or reduced their stakes in HOME. Advisory Services Network LLC boosted its position in At Home Group by 80.0% during the 4th quarter. Advisory Services Network LLC now owns 1,800 shares of the financial services provider’s stock valued at $34,000 after purchasing an additional 800 shares during the period. FNY Investment Advisers LLC acquired a new position in At Home Group during the 2nd quarter valued at approximately $40,000. Aperio Group LLC acquired a new position in At Home Group during the 2nd quarter valued at approximately $64,000. Great West Life Assurance Co. Can boosted its position in At Home Group by 321.3% during the 4th quarter. Great West Life Assurance Co. Can now owns 5,898 shares of the financial services provider’s stock valued at $106,000 after purchasing an additional 4,498 shares during the period. Finally, BNP Paribas Arbitrage SA boosted its position in At Home Group by 1,116.2% during the 1st quarter. BNP Paribas Arbitrage SA now owns 10,107 shares of the financial services provider’s stock valued at $181,000 after purchasing an additional 9,276 shares during the period. Institutional investors and hedge funds own 88.31% of the company’s stock.

About At Home Group (NYSE:HOME)

At Home Group Inc operates home decor superstores in the United States. The company's stores offer approximately 50,000 items, such as accent furniture, mirrors, patio cushions, rugs and wall arts, artificial flowers and trees, bedding and bath products, candles, garden and outdoor décors, holiday accessories, home organization products, pillows, pottery, vases, and window treatments.

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