Brokerages Expect At Home Group Inc (HOME) to Announce $0.15 EPS

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Brokerages predict that At Home Group Inc (NYSE:HOME) will report earnings of $0.15 per share for the current quarter, according to Zacks Investment Research. Four analysts have made estimates for At Home Group’s earnings. At Home Group reported earnings of $0.07 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 114.3%. The business is scheduled to issue its next earnings report on Wednesday, December 5th.

According to Zacks, analysts expect that At Home Group will report full-year earnings of $1.31 per share for the current fiscal year, with EPS estimates ranging from $1.30 to $1.32. For the next year, analysts expect that the firm will post earnings of $1.53 per share, with EPS estimates ranging from $1.48 to $1.65. Zacks’ earnings per share averages are a mean average based on a survey of sell-side analysts that follow At Home Group.

At Home Group (NYSE:HOME) last issued its earnings results on Wednesday, August 29th. The financial services provider reported $0.34 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.33 by $0.01. The firm had revenue of $288.50 million during the quarter, compared to the consensus estimate of $286.50 million. At Home Group had a return on equity of 6.26% and a net margin of 1.95%. The business’s quarterly revenue was up 24.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.18 earnings per share.

HOME has been the subject of several research analyst reports. Goldman Sachs Group raised At Home Group from a “neutral” rating to a “buy” rating and lowered their target price for the stock from $41.00 to $39.00 in a research note on Monday, October 1st. Zacks Investment Research downgraded At Home Group from a “buy” rating to a “hold” rating in a research note on Thursday, August 9th. Jefferies Financial Group began coverage on At Home Group in a research note on Tuesday, August 21st. They set a “buy” rating and a $45.00 target price for the company. ValuEngine cut At Home Group from a “buy” rating to a “hold” rating in a report on Tuesday, August 7th. Finally, TheStreet upgraded At Home Group from a “c” rating to a “b-” rating in a report on Friday, August 3rd. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating and nine have given a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $42.10.

In other news, major shareholder Starr Investment Holdings, Llc sold 4,591,824 shares of the business’s stock in a transaction dated Tuesday, September 11th. The stock was sold at an average price of $33.11, for a total transaction of $152,035,292.64. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Norman E. Mcleod sold 2,592 shares of the company’s stock in a transaction that occurred on Thursday, August 2nd. The shares were sold at an average price of $34.32, for a total value of $88,957.44. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 4,899,755 shares of company stock worth $163,126,294. Company insiders own 7.25% of the company’s stock.

Hedge funds have recently made changes to their positions in the stock. US Bancorp DE boosted its holdings in At Home Group by 116.1% in the second quarter. US Bancorp DE now owns 3,015 shares of the financial services provider’s stock valued at $118,000 after acquiring an additional 1,620 shares during the last quarter. NumerixS Investment Technologies Inc bought a new stake in At Home Group in the second quarter valued at approximately $156,000. Princeton Capital Management LLC bought a new stake in At Home Group in the second quarter valued at approximately $157,000. Legal & General Group Plc boosted its holdings in At Home Group by 123.8% in the second quarter. Legal & General Group Plc now owns 4,311 shares of the financial services provider’s stock valued at $169,000 after acquiring an additional 2,385 shares during the last quarter. Finally, Fortaleza Asset Management Inc. bought a new stake in At Home Group in the second quarter valued at approximately $172,000. Institutional investors and hedge funds own 61.44% of the company’s stock.

NYSE HOME traded up $0.13 during trading on Friday, hitting $27.33. 1,169,100 shares of the company’s stock were exchanged, compared to its average volume of 795,727. The company has a current ratio of 0.89, a quick ratio of 0.08 and a debt-to-equity ratio of 0.48. The company has a market cap of $2.00 billion, a price-to-earnings ratio of 35.96, a PEG ratio of 1.57 and a beta of 1.07. At Home Group has a fifty-two week low of $20.07 and a fifty-two week high of $40.97.

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 d├ęcor, holiday accessories, home organization, pillows, pottery, vases, and window treatments.

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

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