TheStreet Lowers At Home Group (HOME) to C+

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TheStreet lowered shares of At Home Group (NYSE:HOME) from a b- rating to a c+ rating in a research report report published on Tuesday.

Several other research firms also recently commented on HOME. Zacks Investment Research downgraded shares of At Home Group from a buy rating to a hold rating in a research report on Thursday, August 9th. Jefferies Financial Group initiated coverage on shares of At Home Group in a research report on Tuesday, August 21st. They set a buy rating and a $45.00 target price for the company. Morgan Stanley raised shares of At Home Group from an equal weight rating to an overweight rating and boosted their target price for the stock from $35.00 to $47.00 in a research report on Tuesday, June 26th. ValuEngine downgraded shares of At Home Group from a buy rating to a hold rating in a research report on Tuesday, August 7th. Finally, KeyCorp reissued an overweight rating and set a $42.00 target price (up from $35.00) on shares of At Home Group in a research report on Tuesday, May 8th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and nine have issued a buy rating to the stock. The stock presently has a consensus rating of Buy and a consensus target price of $42.44.

NYSE:HOME opened at $34.00 on Tuesday. The company has a quick ratio of 0.09, a current ratio of 0.89 and a debt-to-equity ratio of 0.48. The stock has a market cap of $2.18 billion, a PE ratio of 44.74, a price-to-earnings-growth ratio of 1.74 and a beta of 0.97. At Home Group has a one year low of $20.07 and a one year high of $40.97.

At Home Group (NYSE:HOME) last posted its earnings results on Wednesday, August 29th. The financial services provider reported $0.34 EPS for the quarter, topping the consensus estimate of $0.33 by $0.01. The company had revenue of $288.50 million during the quarter, compared to the consensus estimate of $286.50 million. At Home Group had a net margin of 1.95% and a return on equity of 6.26%. The firm’s revenue for the quarter was up 24.3% on a year-over-year basis. During the same period in the previous year, the firm posted $0.18 earnings per share. equities analysts predict that At Home Group will post 0.79 earnings per share for the current fiscal year.

In related news, CAO Becky Kay Haislip sold 7,194 shares of the business’s stock in a transaction dated Thursday, July 26th. The shares were sold at an average price of $38.28, for a total transaction of $275,386.32. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Also, CEO Lewis L. Bird III sold 30,435 shares of the business’s stock in a transaction dated Wednesday, September 5th. The stock was sold at an average price of $35.36, for a total transaction of $1,076,181.60. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 8,750,155 shares of company stock worth $330,321,325. 7.25% of the stock is owned by corporate insiders.

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. BlackRock Inc. boosted its stake in At Home Group by 187.2% in the second quarter. BlackRock Inc. now owns 1,726,300 shares of the financial services provider’s stock valued at $67,583,000 after acquiring an additional 1,125,296 shares during the last quarter. Victory Capital Management Inc. boosted its stake in At Home Group by 114.0% in the second quarter. Victory Capital Management Inc. now owns 1,709,221 shares of the financial services provider’s stock valued at $66,916,000 after acquiring an additional 910,649 shares during the last quarter. Lord Abbett & CO. LLC boosted its stake in At Home Group by 44.4% in the first quarter. Lord Abbett & CO. LLC now owns 1,541,651 shares of the financial services provider’s stock valued at $49,395,000 after acquiring an additional 473,780 shares during the last quarter. Waddell & Reed Financial Inc. boosted its stake in At Home Group by 9.8% in the second quarter. Waddell & Reed Financial Inc. now owns 1,329,500 shares of the financial services provider’s stock valued at $52,049,000 after acquiring an additional 118,240 shares during the last quarter. Finally, Voya Investment Management LLC boosted its stake in At Home Group by 1.2% in the second quarter. Voya Investment Management LLC now owns 917,499 shares of the financial services provider’s stock valued at $35,920,000 after acquiring an additional 10,444 shares during the last quarter. Hedge funds and other institutional investors own 62.06% of the company’s stock.

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

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Analyst Recommendations for At Home Group (NYSE:HOME)

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