Equities Analysts Offer Predictions for At Home Group Inc’s FY2021 Earnings (NYSE:HOME)

Equities Analysts Offer Predictions for At Home Group Inc’s FY2021 Earnings (NYSE:HOME)

At Home Group Inc (NYSE:HOME) – Investment analysts at Jefferies Financial Group dropped their FY2021 earnings per share estimates for shares of At Home Group in a research report issued to clients and investors on Thursday, December 5th. Jefferies Financial Group analyst J. Matuszewski now forecasts that the financial services provider will post earnings of $0.69 per share for the year, down from their prior forecast of $0.82. Jefferies Financial Group currently has a “Hold” rating and a $6.00 target price on the stock.

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

Several other equities analysts also recently weighed in on HOME. Buckingham Research reiterated an “underperform” rating and issued a $4.75 target price (down previously from $6.00) on shares of At Home Group in a research note on Friday. Wells Fargo & Co dropped their price target on shares of At Home Group from $9.00 to $7.00 and set a “market perform” rating on the stock in a research note on Thursday. TheStreet raised shares of At Home Group from a “d+” rating to a “c-” rating in a report on Monday, September 30th. Morgan Stanley cut their price objective on shares of At Home Group from $8.00 to $6.00 and set an “equal weight” rating for the company in a report on Friday, September 6th. Finally, Bank of America set a $6.00 price objective on shares of At Home Group and gave the company a “sell” rating in a research note on Thursday, September 5th. Two analysts have rated the stock with a sell rating, seven have given a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company. The company has a consensus rating of “Hold” and an average target price of $10.98.

Shares of NYSE:HOME opened at $5.67 on Friday. The company has a quick ratio of 0.07, a current ratio of 0.80 and a debt-to-equity ratio of 1.71. The firm has a market capitalization of $363.32 million, a PE ratio of 7.66, a P/E/G ratio of 0.71 and a beta of 1.25. At Home Group has a twelve month low of $4.58 and a twelve month high of $25.00. The company has a 50-day moving average price of $8.84 and a two-hundred day moving average price of $8.81.

In other news, insider Norman E. Mcleod bought 4,000 shares of the stock in a transaction on Tuesday, September 10th. The shares were acquired at an average cost of $7.99 per share, for a total transaction of $31,960.00. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, major shareholder Clifford Sosin purchased 270,106 shares of the business’s stock in a transaction on Tuesday, October 1st. The stock was purchased at an average cost of $9.91 per share, with a total value of $2,676,750.46. The disclosure for this purchase can be found here. Insiders have acquired a total of 375,629 shares of company stock valued at $3,503,358 in the last ninety days. Insiders own 9.25% of the company’s stock.

Several institutional investors and hedge funds have recently added to or reduced their stakes in HOME. Quadrant Capital Group LLC purchased a new stake in shares of At Home Group in the third quarter worth $33,000. US Bancorp DE grew its position in At Home Group by 178.0% during the second quarter. US Bancorp DE now owns 6,598 shares of the financial services provider’s stock worth $44,000 after buying an additional 4,225 shares in the last quarter. Equitable Trust Co. grew its position in At Home Group by 7.0% during the second quarter. Equitable Trust Co. now owns 66,765 shares of the financial services provider’s stock worth $445,000 after buying an additional 4,340 shares in the last quarter. Swiss National Bank increased its stake in At Home Group by 7.0% in the 2nd quarter. Swiss National Bank now owns 88,700 shares of the financial services provider’s stock worth $591,000 after acquiring an additional 5,800 shares during the last quarter. Finally, Rhumbline Advisers increased its stake in At Home Group by 10.0% in the 3rd quarter. Rhumbline Advisers now owns 72,972 shares of the financial services provider’s stock worth $702,000 after acquiring an additional 6,653 shares during the last quarter. Hedge funds and other institutional investors own 80.62% of the company’s stock.

At Home Group Company Profile

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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