Zacks: Analysts Anticipate At Home Group Inc (NYSE:HOME) Will Announce Quarterly Sales of $391.07 Million

Analysts forecast that At Home Group Inc (NYSE:HOME) will report $391.07 million in sales for the current fiscal quarter, according to Zacks. Three analysts have issued estimates for At Home Group’s earnings. The highest sales estimate is $391.20 million and the lowest is $391.00 million. At Home Group posted sales of $354.07 million in the same quarter last year, which would indicate a positive year-over-year growth rate of 10.4%. The firm is scheduled to issue its next earnings report on Wednesday, March 25th.

According to Zacks, analysts expect that At Home Group will report full-year sales of $1.36 billion for the current fiscal year. For the next financial year, analysts expect that the company will post sales of $1.51 billion, with estimates ranging from $1.49 billion to $1.54 billion. Zacks’ sales averages are a mean average based on a survey of research firms that follow At Home Group.

HOME has been the subject of a number of analyst reports. Jefferies Financial Group downgraded shares of At Home Group from a “buy” rating to a “hold” rating and set a $6.00 target price for the company. in a research note on Friday, December 6th. Buckingham Research reiterated an “underperform” rating and set a $4.75 target price (down previously from $6.00) on shares of At Home Group in a research note on Friday, December 6th. ValuEngine downgraded shares of At Home Group from a “buy” rating to a “hold” rating in a research note on Wednesday, December 18th. KeyCorp lowered their target price on shares of At Home Group from $14.00 to $10.00 and set an “overweight” rating for the company in a research note on Thursday, December 5th. Finally, Wells Fargo & Co reiterated a “hold” rating and set a $6.00 target price on shares of At Home Group in a research note on Wednesday, January 8th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of $9.64.

A number of institutional investors and hedge funds have recently made changes to their positions in the stock. CAS Investment Partners LLC lifted its position in At Home Group by 5.6% in the fourth quarter. CAS Investment Partners LLC now owns 8,815,320 shares of the financial services provider’s stock valued at $48,484,000 after acquiring an additional 470,106 shares during the last quarter. Vanguard Group Inc. lifted its position in At Home Group by 2.0% in the second quarter. Vanguard Group Inc. now owns 4,103,960 shares of the financial services provider’s stock valued at $27,332,000 after acquiring an additional 79,162 shares during the last quarter. Prentice Capital Management LP purchased a new stake in At Home Group in the fourth quarter valued at $21,569,000. BlackRock Inc. lifted its position in At Home Group by 6.4% in the second quarter. BlackRock Inc. now owns 2,816,592 shares of the financial services provider’s stock valued at $18,758,000 after acquiring an additional 170,645 shares during the last quarter. Finally, Morgan Stanley lifted its position in At Home Group by 48.5% in the second quarter. Morgan Stanley now owns 1,131,531 shares of the financial services provider’s stock valued at $7,536,000 after acquiring an additional 369,789 shares during the last quarter. 80.69% of the stock is owned by hedge funds and other institutional investors.

Shares of HOME stock traded down $0.19 on Friday, reaching $6.36. 1,099,900 shares of the stock were exchanged, compared to its average volume of 1,878,155. The company has a current ratio of 0.82, a quick ratio of 0.07 and a debt-to-equity ratio of 1.82. The business’s 50 day moving average price is $5.79 and its 200 day moving average price is $7.21. The company has a market capitalization of $398.10 million, a price-to-earnings ratio of 10.78, a PEG ratio of 0.67 and a beta of 1.08. At Home Group has a twelve month low of $4.58 and a twelve month high of $25.00.

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 d├ęcors, 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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