At Home Group (NYSE:HOME) released its earnings results on Thursday. The financial services provider reported $0.50 EPS for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.15, Bloomberg Earnings reports. At Home Group had a return on equity of 7.53% and a net margin of 4.18%. The firm had revenue of $293.67 million during the quarter, compared to the consensus estimate of $286.23 million. During the same quarter in the previous year, the company posted $0.28 earnings per share. The company’s revenue was up 25.2% compared to the same quarter last year. At Home Group updated its Q1 guidance to $0.25-0.27 EPS and its FY19 guidance to $1.18-1.24 EPS.
At Home Group (HOME) opened at $26.46 on Friday. At Home Group has a twelve month low of $14.80 and a twelve month high of $34.01. The stock has a market capitalization of $1,673.00, a P/E ratio of 44.10, a price-to-earnings-growth ratio of 0.97 and a beta of 2.32. The company has a debt-to-equity ratio of 0.56, a current ratio of 0.85 and a quick ratio of 0.06.
In other news, COO Peter Sg Corsa sold 5,750 shares of the company’s stock in a transaction that occurred on Wednesday, February 28th. The stock was sold at an average price of $29.50, for a total transaction of $169,625.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Lewis L. Bird III sold 26,588 shares of the company’s stock in a transaction that occurred on Wednesday, January 3rd. The stock was sold at an average price of $30.38, for a total value of $807,743.44. Following the transaction, the chief executive officer now directly owns 39,588 shares of the company’s stock, valued at $1,202,683.44. The disclosure for this sale can be found here. Insiders sold 532,434 shares of company stock valued at $17,026,337 over the last three months. 7.14% of the stock is currently owned by corporate insiders.
An institutional investor recently raised its position in At Home Group stock. State Street Corp lifted its holdings in shares of At Home Group Inc (NYSE:HOME) by 18.8% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 128,935 shares of the financial services provider’s stock after buying an additional 20,449 shares during the quarter. State Street Corp owned approximately 0.21% of At Home Group worth $3,002,000 as of its most recent SEC filing. Institutional investors own 32.79% of the company’s stock.
A number of research firms recently commented on HOME. Zacks Investment Research downgraded At Home Group from a “buy” rating to a “hold” rating in a report on Wednesday, January 31st. Barclays began coverage on At Home Group in a report on Thursday, January 25th. They set an “overweight” rating and a $40.00 target price for the company. Guggenheim reaffirmed a “buy” rating and set a $35.00 target price on shares of At Home Group in a report on Thursday, December 21st. KeyCorp reaffirmed a “buy” rating on shares of At Home Group in a report on Thursday, December 21st. Finally, Buckingham Research began coverage on At Home Group in a report on Friday, February 16th. They set a “buy” rating and a $43.00 target price for the company. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and seven have given a buy rating to the stock. The stock presently has a consensus rating of “Buy” and an average price target of $31.65.
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At Home Group Company Profile
At Home Group, Inc is a home decor superstore. The Company is focused on providing a range of assortment of products for any room, in any style, for any budget. As of July 30, 2016, the Company offered over 50,000 stock keeping units (SKUs) throughout its stores. As of July 30, 2016, the Company’s store base is consisted of 115 format stores across 29 states and 65 markets, averaging approximately 120,000 square feet per store.
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