Wells Fargo & Co Downgrades At Home Group (NYSE:HOME) to Market Perform

Wells Fargo & Co cut shares of At Home Group (NYSE:HOME) from an outperform rating to a market perform rating in a research note released on Thursday, June 6th, Stock Target Advisor reports. They currently have $9.00 target price on the financial services provider’s stock.

Several other brokerages also recently weighed in on HOME. Loop Capital began coverage on At Home Group in a research report on Wednesday, February 20th. They set a hold rating and a $23.00 price target on the stock. Berenberg Bank initiated coverage on At Home Group in a research report on Thursday, May 9th. They set a buy rating and a $30.00 price target on the stock. Zacks Investment Research raised shares of At Home Group from a strong sell rating to a hold rating in a research note on Wednesday, March 20th. ValuEngine lowered shares of At Home Group from a hold rating to a sell rating in a research note on Monday, June 3rd. Finally, Buckingham Research decreased their price target on shares of At Home Group from $28.00 to $24.00 and set a buy rating on the stock in a research note on Thursday, March 28th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company. The company currently has an average rating of Hold and a consensus price target of $17.67.

Shares of NYSE HOME traded up $0.42 during trading hours on Thursday, reaching $7.08. The stock had a trading volume of 4,147,500 shares, compared to its average volume of 2,477,355. The company has a current ratio of 0.82, a quick ratio of 0.06 and a debt-to-equity ratio of 1.67. The firm has a market cap of $426.51 million, a price-to-earnings ratio of 9.57, a price-to-earnings-growth ratio of 0.64 and a beta of 1.36. The company has a fifty day moving average price of $14.72. At Home Group has a 52-week low of $6.37 and a 52-week high of $40.97.

At Home Group (NYSE:HOME) last announced its quarterly earnings results on Thursday, June 6th. The financial services provider reported $0.03 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.02 by $0.01. The firm had revenue of $306.30 million during the quarter, compared to analyst estimates of $305.43 million. At Home Group had a return on equity of 6.17% and a net margin of 3.66%. At Home Group’s quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.31 earnings per share. As a group, equities research analysts anticipate that At Home Group will post 0.59 EPS for the current year.

A number of institutional investors have recently bought and sold shares of HOME. Advisory Services Network LLC lifted its position in At Home Group by 80.0% in the fourth quarter. Advisory Services Network LLC now owns 1,800 shares of the financial services provider’s stock valued at $34,000 after acquiring an additional 800 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in At Home Group by 104.2% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 3,657 shares of the financial services provider’s stock valued at $68,000 after purchasing an additional 1,866 shares during the period. Great West Life Assurance Co. Can increased its stake in At Home Group by 321.3% in the fourth quarter. Great West Life Assurance Co. Can now owns 5,898 shares of the financial services provider’s stock valued at $106,000 after purchasing an additional 4,498 shares during the period. BNP Paribas Arbitrage SA increased its stake in At Home Group by 1,116.2% in the first quarter. BNP Paribas Arbitrage SA now owns 10,107 shares of the financial services provider’s stock valued at $181,000 after purchasing an additional 9,276 shares during the period. Finally, LPL Financial LLC acquired a new position in At Home Group in the fourth quarter valued at $246,000. Hedge funds and other institutional investors own 88.60% of the company’s stock.

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 décors, holiday accessories, home organization products, pillows, pottery, vases, and window treatments.

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Analyst Recommendations for At Home Group (NYSE:HOME)

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