$343.45 Million in Sales Expected for At Home Group Inc (NYSE:HOME) This Quarter

Equities research analysts expect At Home Group Inc (NYSE:HOME) to post sales of $343.45 million for the current fiscal quarter, Zacks reports. Four analysts have provided estimates for At Home Group’s earnings, with the lowest sales estimate coming in at $341.90 million and the highest estimate coming in at $345.00 million. At Home Group posted sales of $288.49 million during the same quarter last year, which would indicate a positive year-over-year growth rate of 19.1%. The business is scheduled to issue its next earnings report on Wednesday, September 4th.

According to Zacks, analysts expect that At Home Group will report full-year sales of $1.38 billion for the current financial year, with estimates ranging from $1.38 billion to $1.40 billion. For the next fiscal year, analysts forecast that the business will post sales of $1.62 billion, with estimates ranging from $1.59 billion to $1.65 billion. Zacks Investment Research’s sales averages are an average based on a survey of research analysts that that provide coverage for At Home Group.

At Home Group (NYSE:HOME) last released its quarterly earnings data on Thursday, June 6th. The financial services provider reported $0.03 EPS for the quarter, beating the consensus estimate of $0.02 by $0.01. At Home Group had a return on equity of 6.17% and a net margin of 3.66%. The company had revenue of $306.30 million for the quarter, compared to analysts’ expectations of $305.43 million. During the same period last year, the firm posted $0.31 earnings per share. At Home Group’s revenue was up 19.6% compared to the same quarter last year.

Several equities research analysts recently commented on HOME shares. Gordon Haskett raised At Home Group from a “hold” rating to an “accumulate” rating in a research report on Friday, June 7th. Jefferies Financial Group dropped their price objective on At Home Group from $25.00 to $10.00 and set a “buy” rating on the stock in a research report on Thursday, June 6th. Wells Fargo & Co reaffirmed a “buy” rating and set a $27.00 price objective on shares of At Home Group in a research report on Friday, March 15th. Berenberg Bank started coverage on At Home Group in a research report on Thursday, May 9th. They set a “buy” rating and a $30.00 price objective on the stock. Finally, Morgan Stanley set a $30.00 price objective on At Home Group and gave the company a “buy” rating in a research report on Thursday, March 28th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the company. The stock has an average rating of “Hold” and a consensus price target of $17.67.

At Home Group stock opened at $6.61 on Wednesday. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.82 and a quick ratio of 0.06. At Home Group has a one year low of $6.59 and a one year high of $40.97. The stock has a market capitalization of $473.90 million, a PE ratio of 8.93, a PEG ratio of 0.71 and a beta of 2.47. The firm’s fifty day simple moving average is $15.70.

A number of large investors have recently made changes to their positions in the business. William Blair Investment Management LLC lifted its position in shares of At Home Group by 25.1% during the 1st quarter. William Blair Investment Management LLC now owns 519,816 shares of the financial services provider’s stock valued at $9,284,000 after buying an additional 104,177 shares in the last quarter. Blueshift Asset Management LLC bought a new stake in At Home Group during the 4th quarter valued at approximately $690,000. Millennium Management LLC raised its stake in At Home Group by 24.5% during the 4th quarter. Millennium Management LLC now owns 1,263,786 shares of the financial services provider’s stock valued at $23,582,000 after purchasing an additional 249,039 shares during the period. Northern Trust Corp raised its stake in At Home Group by 2.7% during the 4th quarter. Northern Trust Corp now owns 523,911 shares of the financial services provider’s stock valued at $9,777,000 after purchasing an additional 13,836 shares during the period. Finally, Pier Capital LLC raised its stake in At Home Group by 6.6% during the 1st quarter. Pier Capital LLC now owns 317,425 shares of the financial services provider’s stock valued at $5,669,000 after purchasing an additional 19,558 shares during the period. 88.60% of the stock is currently owned by institutional investors and hedge funds.

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

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