At Home Group Inc (HOME) Upgraded to “Buy” by Goldman Sachs Group Inc.
At Home Group Inc (NASDAQ:HOME) was upgraded by equities researchers at Goldman Sachs Group Inc. from a “neutral” rating to a “buy” rating in a research report issued to clients and investors on Wednesday.
A number of other equities analysts also recently weighed in on HOME. Morgan Stanley set a $16.00 target price on At Home Group and gave the company a “hold” rating in a report on Thursday, September 15th. Jefferies Group set a $20.00 target price on At Home Group and gave the company a “buy” rating in a report on Wednesday, September 14th. William Blair started coverage on At Home Group in a report on Monday, August 29th. They issued an “outperform” rating on the stock. Bank of America Corp. started coverage on At Home Group in a report on Tuesday, August 30th. They issued a “buy” rating on the stock. Finally, Tigress Financial started coverage on At Home Group in a report on Tuesday, September 13th. They issued a “buy” rating on the stock. Three analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. The stock has an average rating of “Buy” and a consensus price target of $16.60.
At Home Group (NASDAQ:HOME) opened at 12.68 on Wednesday. At Home Group has a 12 month low of $10.19 and a 12 month high of $17.02. The firm’s 50-day moving average is $11.85 and its 200-day moving average is $13.37. The firm has a market capitalization of $765.44 million and a PE ratio of 0.25.
At Home Group (NASDAQ:HOME) last posted its quarterly earnings data on Tuesday, September 13th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.11 by $0.02. The company had revenue of $188.40 million for the quarter. The business’s quarterly revenue was up 20.8% on a year-over-year basis. On average, equities research analysts expect that At Home Group will post $0.20 EPS for the current year.
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In other news, CEO Lewis L. Bird III purchased 18,355 shares of the stock in a transaction that occurred on Tuesday, September 20th. The stock was acquired at an average price of $13.74 per share, with a total value of $252,197.70. The purchase was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Judd T. Nystrom purchased 30,000 shares of the stock in a transaction that occurred on Friday, September 16th. The stock was purchased at an average cost of $12.94 per share, with a total value of $388,200.00. Following the purchase, the chief financial officer now owns 30,000 shares in the company, valued at approximately $388,200. The disclosure for this purchase can be found here.
Large investors have recently made changes to their positions in the stock. Teachers Advisors LLC bought a new stake in shares of At Home Group during the third quarter worth about $134,000. BlackRock Inc. bought a new stake in shares of At Home Group during the third quarter worth about $500,000. BlackRock Investment Management LLC bought a new stake in shares of At Home Group during the third quarter worth about $445,000. BlackRock Advisors LLC bought a new stake in shares of At Home Group during the third quarter worth about $2,776,000. Finally, ClariVest Asset Management LLC bought a new stake in shares of At Home Group during the third quarter worth about $217,000.
At Home Group Company Profile
At Home Group Inc is a home decor superstore. The Company’s product offering includes accent furniture, frames, bar stools, garden decor, rugs and mats, bedding and bath products, Halloween decorations, sculptures, beds and mattresses, harvest decorations, silk flowers, candles, home organization, sofas, chairs, kitchenware, stands, Christmas decorations, lamps, storage, consumables, mirrors, tables, Easter decorations, patio, vases, floor plants and trees, pet items, wall art, food preparation items, pillows and cushions, and window treatments.
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