At Home Group Inc (HOME) Expected to Announce Quarterly Sales of $201.53 Million
Brokerages expect At Home Group Inc (NASDAQ:HOME) to post sales of $201.53 million for the current fiscal quarter, Zacks Investment Research reports. Four analysts have issued estimates for At Home Group’s earnings. The lowest sales estimate is $200.30 million and the highest is $203.30 million. At Home Group reported sales of $170.68 million during the same quarter last year, which would suggest a positive year-over-year growth rate of 18.1%. The firm is scheduled to announce its next earnings results on Tuesday, December 5th.
According to Zacks, analysts expect that At Home Group will report full-year sales of $201.53 million for the current year, with estimates ranging from $916.60 million to $929.63 million. For the next year, analysts expect that the company will post sales of $1.10 billion per share, with estimates ranging from $1.09 billion to $1.11 billion. Zacks’ sales calculations are an average based on a survey of research firms that cover At Home Group.
At Home Group (NASDAQ:HOME) last released its earnings results on Tuesday, September 5th. The financial services provider reported $0.18 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate 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 analyst estimates of $227.06 million. During the same period last year, the business earned $0.13 earnings per share. The business’s revenue was up 23.2% on a year-over-year basis.
Several research analysts recently issued reports on the stock. Guggenheim reissued a “buy” rating and set 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 price target on shares of At Home Group and gave the company a “buy” rating in a research report on Wednesday, August 23rd. SunTrust Banks, Inc. assumed coverage on shares of At Home Group in a research report on Thursday, July 6th. They set a “buy” rating and a $28.00 price target on the stock. Bank of America Corporation lifted their target price on shares of At Home Group from $18.50 to $24.50 and gave the company a “buy” rating in a research report on Friday, June 9th. Finally, Morgan Stanley reiterated an “equal weight” rating and issued a $24.00 target price (up previously from $20.00) on shares of At Home Group in a research report on Thursday. One investment analyst has rated the stock with a sell rating, two have given a hold rating and six have assigned a buy rating to the company. The company presently has a consensus rating of “Buy” and an average price target of $24.94.
Shares of At Home Group (NASDAQ HOME) traded down 4.18% during trading on Thursday, reaching $22.95. 258,126 shares of the company were exchanged. The firm has a market capitalization of $1.39 billion and a PE ratio of 43.30. At Home Group has a 1-year low of $10.19 and a 1-year high of $26.40. The company’s 50-day moving average is $23.20 and its 200 day moving average is $19.58.
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Institutional investors have recently made changes to their positions in the business. D.A. Davidson & CO. acquired a new position in shares of At Home Group during the 2nd quarter worth $235,000. Renaissance Technologies LLC acquired a new stake in shares of At Home Group during the 1st quarter worth about $252,000. Teachers Advisors LLC boosted its stake in shares of At Home Group by 97.1% during the 4th quarter. Teachers Advisors LLC now owns 17,416 shares of the financial services provider’s stock worth $255,000 after purchasing an additional 8,578 shares during the last quarter. Neuberger Berman Group LLC acquired a new stake in shares of At Home Group during the 2nd quarter worth about $293,000. Finally, 1st Global Advisors Inc. boosted its stake in shares of At Home Group by 13.6% during the 1st quarter. 1st Global Advisors Inc. now owns 19,618 shares of the financial services provider’s stock worth $297,000 after purchasing an additional 2,346 shares during the last quarter.
At Home Group Company Profile
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