At Home Group Inc (HOME) Releases FY18 Earnings Guidance
At Home Group Inc (NASDAQ:HOME) issued an update on its FY18 earnings guidance on Tuesday morning. The company provided earnings per share (EPS) guidance of $0.73-0.75 for the period, compared to the Thomson Reuters consensus estimate of $0.75. The company issued revenue guidance of $916-923 million, compared to the consensus revenue estimate of $915.45 million.
Shares of At Home Group Inc (HOME) opened at 23.04 on Thursday. The stock has a market capitalization of $1.39 billion and a P/E ratio of 45.71. The stock has a 50 day moving average price of $23.18 and a 200 day moving average price of $19.53. At Home Group Inc has a 52 week low of $10.19 and a 52 week high of $26.40.
At Home Group (NASDAQ:HOME) last issued its quarterly earnings data on Tuesday, September 5th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.01. At Home Group had a net margin of 4.74% and a return on equity of 7.44%. The firm had revenue of $232.07 million during the quarter, compared to the consensus estimate of $227.06 million. During the same quarter in the previous year, the firm posted $0.13 EPS. The company’s revenue for the quarter was up 23.2% compared to the same quarter last year. On average, equities research analysts expect that At Home Group Inc will post $0.75 EPS for the current year.
Several research analysts recently weighed in on HOME shares. Guggenheim reaffirmed a buy rating and issued a $28.00 target price (up previously from $23.00) on shares of At Home Group in a report on Wednesday. Jefferies Group LLC set a $26.00 target price on shares of At Home Group and gave the stock a buy rating in a report on Wednesday, August 23rd. KeyCorp started coverage on shares of At Home Group in a report on Monday, August 21st. They issued an overweight rating and a $29.00 target price for the company. Morgan Stanley upped their target price on shares of At Home Group from $17.00 to $20.00 and gave the stock an equal weight rating in a report on Friday, June 9th. Finally, Bank of America Corporation upped their target price on shares of At Home Group from $18.50 to $24.50 and gave the stock a buy rating in a report on Friday, June 9th. One investment analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. At Home Group has an average rating of Buy and a consensus target price of $24.44.
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A hedge fund recently raised its stake in At Home Group stock. State Street Corp increased its position in At Home Group Inc (NASDAQ:HOME) by 18.8% in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm owned 128,935 shares of the financial services provider’s stock after buying an additional 20,449 shares during the period. State Street Corp owned about 0.21% of At Home Group worth $3,002,000 at the end of the most recent quarter.
About At Home Group
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