Brokerages Anticipate At Home Group Inc (NYSE:HOME) Will Post Quarterly Sales of $315.10 Million

Equities research analysts expect At Home Group Inc (NYSE:HOME) to post sales of $315.10 million for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for At Home Group’s earnings, with the lowest sales estimate coming in at $314.00 million and the highest estimate coming in at $317.10 million. At Home Group posted sales of $267.18 million during the same quarter last year, which would indicate a positive year over year growth rate of 17.9%. The business is scheduled to report its next earnings report on Thursday, December 5th.

According to Zacks, analysts expect that At Home Group will report full year sales of $1.38 billion for the current year. For the next year, analysts expect that the business will post sales of $1.56 billion, with estimates ranging from $1.52 billion to $1.63 billion. Zacks’ sales calculations are an average based on a survey of sell-side research analysts that follow At Home Group.

At Home Group (NYSE:HOME) last posted its earnings results on Wednesday, September 4th. The financial services provider reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.04. The business had revenue of $342.32 million for the quarter, compared to analyst estimates of $343.45 million. At Home Group had a return on equity of 8.62% and a net margin of 5.12%.

HOME has been the topic of a number of recent analyst reports. ValuEngine lowered At Home Group from a “hold” rating to a “sell” rating in a report on Friday, November 1st. Wells Fargo & Co boosted their target price on At Home Group from $6.00 to $9.00 and gave the stock a “market perform” rating in a report on Monday, September 30th. Bank of America set a $6.00 target price on At Home Group and gave the stock a “sell” rating in a report on Thursday, September 5th. Morgan Stanley decreased their target price on At Home Group from $8.00 to $6.00 and set an “equal weight” rating on the stock in a report on Friday, September 6th. Finally, Buckingham Research set a $6.00 target price on At Home Group and gave the stock a “sell” rating in a report on Tuesday, September 10th. Three analysts have rated the stock with a sell rating, five have assigned a hold rating and four have issued a buy rating to the company’s stock. At Home Group has an average rating of “Hold” and a consensus price target of $12.10.

HOME stock opened at $8.71 on Friday. The company has a current ratio of 0.80, a quick ratio of 0.07 and a debt-to-equity ratio of 1.71. The firm has a market capitalization of $565.81 million, a PE ratio of 11.77, a PEG ratio of 0.73 and a beta of 1.27. At Home Group has a 1-year low of $4.58 and a 1-year high of $30.66. The business’s 50 day simple moving average is $9.50 and its 200 day simple moving average is $10.79.

In related news, CEO Lewis L. Bird III bought 64,005 shares of the business’s stock in a transaction dated Monday, September 9th. The stock was purchased at an average cost of $7.81 per share, for a total transaction of $499,879.05. Following the transaction, the chief executive officer now owns 33,000 shares in the company, valued at approximately $257,730. The acquisition was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, major shareholder Clifford Sosin bought 270,106 shares of the business’s stock in a transaction dated Tuesday, October 1st. The shares were bought at an average price of $9.91 per share, with a total value of $2,676,750.46. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 1,492,430 shares of company stock worth $9,732,008. Insiders own 9.25% of the company’s stock.

Several large investors have recently added to or reduced their stakes in HOME. Private Capital Management LLC lifted its position in shares of At Home Group by 1.6% during the 1st quarter. Private Capital Management LLC now owns 1,095,933 shares of the financial services provider’s stock valued at $19,573,000 after acquiring an additional 16,960 shares during the period. LGT Capital Partners LTD. lifted its position in shares of At Home Group by 204.6% during the 2nd quarter. LGT Capital Partners LTD. now owns 265,000 shares of the financial services provider’s stock valued at $1,765,000 after acquiring an additional 178,000 shares during the period. Fox Run Management L.L.C. bought a new stake in shares of At Home Group during the 2nd quarter valued at $241,000. FNY Investment Advisers LLC bought a new stake in shares of At Home Group during the 2nd quarter valued at $40,000. Finally, Skylands Capital LLC bought a new stake in shares of At Home Group during the 2nd quarter valued at $333,000. Hedge funds and other institutional investors own 67.59% of the company’s stock.

About At Home Group

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

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