Brokers expect At Home Group Inc. (NYSE: HOME) to post earnings per share (EPS) of $ 0.61 for the current quarter, Zacks reports. Three analysts made profit estimates for At Home Group. The lower estimate of EPS is $ 0.54 and the higher is $ 0.69. At Home Group reported earnings per share of ($ 0.61) for the same quarter last year, which would suggest a positive year-over-year growth rate of 200%. The company is expected to announce its next earnings report on Thursday, June 17.
On average, analysts expect At Home Group to report annual profit of $ 1.63 per share for the current year, with EPS estimates ranging from $ 1.56 to $ 1.74. For next year, analysts predict the company will report earnings of $ 1.88 per share, with EPS estimates ranging from $ 1.79 to $ 1.95. Zacks earnings per share averages are an average based on a survey of analysts who cover At Home Group.
At Home Group (NYSE: HOME) last released its quarterly earnings data on Monday, March 22. The financial services provider reported EPS of $ 1.08 for the quarter, beating the Zacks’ consensus estimate of $ 0.69 by $ 0.39. At Home Group recorded a positive return on equity of 46.94% and a negative net margin of 8.62%. The company posted revenue of $ 561.99 million for the quarter, compared to analysts’ estimates of $ 525.81 million. During the same period of the previous year, the company achieved earnings per share of $ 0.37. The company’s quarterly revenues increased 41.3% year over year.
HOME has been the subject of several recent analyst reports. TheStreet upgraded At Home Group shares from a âdâ rating to a âcâ rating in a report on Tuesday, March 23. Wells Fargo & Company raised its price target on At Home Group from $ 30.00 to $ 37.00 in a research report on Thursday, May 6. Morgan Stanley raised its price target on At Home Group from $ 23.00 to $ 30.00 and gave the stock an “equal weight” rating in a report on Thursday April 1. Craig Hallum reaffirmed a âholdâ rating and set a price target of $ 36.00 on At Home Group shares in a research report on Thursday, May 13. Finally, Compass Point reiterated a âneutralâ rating on At Home Group shares in a research note on Monday, May 17. Eight investment analysts rated the stock with a sustaining rating and two issued a buy rating to the company. At Home Group currently has a consensus rating of “Hold” and an average price target of $ 24.83.
NYSE: HOME shares traded up $ 0.25 in Wednesday’s session, to hit $ 36.69. The stock had a trading volume of 595,967 shares, compared to its average volume of 1,975,242 shares. At Home Group has a 52 week low of $ 4.37 and a 52 week high of $ 38.06. The company has a leverage ratio of 0.65, a quick ratio of 0.43, and a current ratio of 1.35. The company’s fifty-day moving average is $ 32.74 and its 200-day moving average is $ 24.57. The stock has a market cap of $ 2.40 billion, a price / earnings ratio of -15.16, a P / E / G ratio of 0.61, and a beta of 2.54.
Separately, insider Chad C. Stauffer sold 26,927 shares of At Home Group in a trade that took place on Friday, March 12. The stock was sold at an average price of $ 30.00, for a total trade of $ 807,810.00. As a result of the transaction, the insider now owns 44,239 shares of the company, valued at $ 1,327,170. The sale was disclosed in a legal file with the SEC, accessible through this link. In addition, COO Peter Sg Corsa sold 1,002 shares of the company in a trade on Monday, April 5. The stock was sold for an average price of $ 27.96, for a total value of $ 28,015.92. As a result of the sale, the COO now owns 13,903 shares of the company, valued at approximately $ 388,727.88. Disclosure of this sale can be found here. Insiders sold 106,573 shares of the company valued at $ 3,224,508 in the past 90 days. 5.90% of the stock is held by insiders.
Large investors have recently changed their holdings in the company. Ziegler Capital Management LLC acquired a new position in shares of At Home Group during the 4th quarter for a value of approximately $ 1,166,000. Sowell Financial Services LLC increased its stake in At Home Group by 24.0% in the fourth quarter. Sowell Financial Services LLC now owns 3,825 shares of the financial services provider valued at $ 59,000 after purchasing an additional 740 shares in the last quarter. Orion Capital Management LLC acquired a new position in At Home Group during the fourth quarter valued at $ 501,000. Virginia Retirement Systems ET AL acquired a new stake in At Home Group in the first quarter valued at $ 465,000. Finally, Schroder Investment Management Group increased its stake in At Home Group shares by 69.0% in the fourth quarter. Schroder Investment Management Group now owns 106,858 shares of the financial services provider valued at $ 1,652,000 after purchasing an additional 43,615 shares during the period. Institutional investors and hedge funds hold 90.48% of the company’s shares.
About the At Home group
At Home Group Inc operates large decorating outlets in the United States. The company’s stores carry home furnishings including accent furniture, furniture, mirrors, patio cushions, rugs and murals; and accent decors, such as artificial flowers and trees, bath, bedding, candles, garden and outdoor decors, vacation accessories, home organization, pillows, pottery, vases and window treatments.
Featured Story: Which Economic Reports Are Most Valuable To Investors?
Get a Free Copy of Zacks’ Research Report on At Home Group (HOME)
For more information on Zacks Investment Research’s research offerings, visit Zacks.com
This instant news alert was powered by storytelling technology and financial data from MarketBeat to provide readers with the fastest, most accurate reports. This story was reviewed by the MarketBeat editorial team prior to publication. Please send any questions or comments about this story to [emailÂ protected]
Featured article: What is a portfolio manager?
7 cheap dividend stocks under $ 10
Recent trading activity around low-cost stocks like GameStop (NYSE: GME) reminds investors of the high-risk nature of these stocks. Often times when a stock is trading below $ 10 (also called a penny stock) it is trading that low for a reason. The business may not be profitable, or in GameStop’s case, it ends up with a business model that no longer matches consumer trends.
But it’s not always the case. It is possible to find stocks at low prices, even penny stocks, which offer great value. This is especially true if the stock offers investors a dividend. Dividend paying stocks are a source of diversification for a consumer’s portfolio, especially if the dividend is reinvested. It is literally like paying yourself to own the stock.
And the stocks in this presentation also look set to generate further growth in the price of the stocks that can increase your total return.
Check out the â7 Cheap Dividend Stocks Under $ 10â.