At Home Group (NYSE:HOME) issued an update on its FY19 earnings guidance on Thursday morning. The company provided EPS guidance of $1.18-1.24 for the period, compared to the Thomson Reuters consensus EPS estimate of $1.15. The company issued revenue guidance of $1.154-1.161 billion, compared to the consensus revenue estimate of $1.13 billion.At Home Group also updated its Q1 guidance to $0.25-0.27 EPS.
Shares of HOME stock opened at $31.55 on Friday. The stock has a market cap of $1,602.15, a P/E ratio of 63.10, a price-to-earnings-growth ratio of 0.99 and a beta of 2.32. At Home Group has a fifty-two week low of $14.80 and a fifty-two week high of $34.01. The company has a current ratio of 0.85, a quick ratio of 0.06 and a debt-to-equity ratio of 0.56.
At Home Group (NYSE:HOME) last released its earnings results on Thursday, March 22nd. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.35 by $0.15. The company had revenue of $293.67 million for the quarter, compared to analyst estimates of $286.23 million. At Home Group had a net margin of 3.35% and a return on equity of 9.38%. The firm’s quarterly revenue was up 25.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.28 EPS. equities analysts predict that At Home Group will post 1.11 earnings per share for the current year.
HOME has been the topic of a number of research reports. Zacks Investment Research upgraded shares of At Home Group from a hold rating to a buy rating and set a $34.00 target price on the stock in a report on Saturday, February 17th. Buckingham Research began coverage on shares of At Home Group in a report on Friday, February 16th. They issued a buy rating and a $43.00 price objective on the stock. Guggenheim restated a buy rating and issued a $35.00 price objective on shares of At Home Group in a report on Thursday, December 21st. KeyCorp restated a buy rating on shares of At Home Group in a report on Thursday, December 21st. Finally, Jefferies Group restated a buy rating and issued a $35.00 price objective (up from $30.00) on shares of At Home Group in a report on Thursday, November 30th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have assigned a buy rating to the company. At Home Group currently has an average rating of Buy and an average price target of $31.65.
In related news, CFO Judd T. Nystrom sold 3,030 shares of At Home Group stock in a transaction on Tuesday, January 30th. The shares were sold at an average price of $31.97, for a total transaction of $96,869.10. Following the sale, the chief financial officer now directly owns 43,030 shares in the company, valued at approximately $1,375,669.10. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Judd T. Nystrom sold 84,854 shares of At Home Group stock in a transaction on Thursday, January 25th. The stock was sold at an average price of $33.99, for a total transaction of $2,884,187.46. Following the sale, the chief financial officer now owns 124,854 shares in the company, valued at $4,243,787.46. The disclosure for this sale can be found here. Insiders sold a total of 532,434 shares of company stock worth $17,026,337 over the last 90 days. Company insiders own 7.14% of the company’s stock.
A hedge fund recently raised its stake in At Home Group stock. State Street Corp increased its stake in shares of At Home Group Inc (NYSE:HOME) by 18.8% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 128,935 shares of the financial services provider’s stock after acquiring an additional 20,449 shares during the quarter. State Street Corp owned about 0.21% of At Home Group worth $3,002,000 at the end of the most recent quarter. 32.79% of the stock is currently owned by hedge funds and other institutional investors.
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About At Home Group
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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