At Home Group (HOME) Shares Gap Down to $19.89

Shares of At Home Group Inc (NYSE:HOME) gapped down before the market opened on Tuesday . The stock had previously closed at $16.76, but opened at $19.89. At Home Group shares last traded at $20.99, with a volume of 170783 shares changing hands.

A number of analysts recently commented on the company. Berenberg Bank assumed coverage on At Home Group in a research report on Thursday, May 9th. They set a “buy” rating and a $30.00 price objective for the company. Morgan Stanley set a $30.00 price target on At Home Group and gave the stock a “buy” rating in a research report on Thursday, March 28th. Loop Capital reduced their price target on At Home Group to $19.00 and set an “in-line” rating for the company in a research report on Thursday, March 28th. Buckingham Research reduced their price target on At Home Group from $28.00 to $24.00 and set a “buy” rating for the company in a research report on Thursday, March 28th. Finally, Zacks Investment Research upgraded At Home Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 20th. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $29.42.

The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.07. The stock has a market capitalization of $1.27 billion, a P/E ratio of 30.14, a PEG ratio of 1.09 and a beta of 2.41.

At Home Group (NYSE:HOME) last issued its quarterly earnings results on Wednesday, March 27th. The financial services provider reported $0.47 EPS for the quarter, missing analysts’ consensus estimates of $0.48 by ($0.01). The company had revenue of $354.07 million during the quarter, compared to analysts’ expectations of $351.72 million. At Home Group had a return on equity of 7.40% and a net margin of 4.20%. The business’s quarterly revenue was up 20.6% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.50 EPS. Analysts forecast that At Home Group Inc will post 0.99 earnings per share for the current fiscal year.

Several hedge funds and other institutional investors have recently added to or reduced their stakes in HOME. Bank of New York Mellon Corp boosted its stake in shares of At Home Group by 5.2% in the third quarter. Bank of New York Mellon Corp now owns 316,511 shares of the financial services provider’s stock worth $9,980,000 after acquiring an additional 15,573 shares during the period. Neuberger Berman Group LLC lifted its stake in shares of At Home Group by 11.7% in the 3rd quarter. Neuberger Berman Group LLC now owns 722,986 shares of the financial services provider’s stock valued at $22,796,000 after purchasing an additional 75,959 shares during the last quarter. TIAA CREF Investment Management LLC lifted its stake in shares of At Home Group by 9.3% in the 3rd quarter. TIAA CREF Investment Management LLC now owns 224,725 shares of the financial services provider’s stock valued at $7,086,000 after purchasing an additional 19,036 shares during the last quarter. Legal & General Group Plc lifted its stake in shares of At Home Group by 268.0% in the 3rd quarter. Legal & General Group Plc now owns 15,864 shares of the financial services provider’s stock valued at $500,000 after purchasing an additional 11,553 shares during the last quarter. Finally, Morgan Stanley lifted its stake in shares of At Home Group by 57.9% in the 3rd quarter. Morgan Stanley now owns 300,526 shares of the financial services provider’s stock valued at $9,476,000 after purchasing an additional 110,141 shares during the last quarter. 84.39% of the stock is owned by hedge funds and other institutional investors.

COPYRIGHT VIOLATION NOTICE: “At Home Group (HOME) Shares Gap Down to $19.89” was originally published by Mayfield Recorder and is owned by of Mayfield Recorder. If you are reading this article on another site, it was copied illegally and republished in violation of US and international copyright & trademark laws. The correct version of this article can be read at https://mayfieldrecorder.com/2019/05/16/at-home-group-home-shares-gap-down-to-19-89.html.

At Home Group Company Profile (NYSE:HOME)

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.

Further Reading: What is Blockchain?

Receive News & Ratings for At Home Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for At Home Group and related companies with MarketBeat.com's FREE daily email newsletter.