Favorable News Coverage Somewhat Unlikely to Affect At Home Group (HOME) Stock Price
News coverage about At Home Group (NASDAQ:HOME) has been trending positive this week, according to Accern. Accern rates the sentiment of press coverage by monitoring more than twenty million news and blog sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to positive one, with scores closest to one being the most favorable. At Home Group earned a media sentiment score of 0.39 on Accern’s scale. Accern also assigned media stories about the financial services provider an impact score of 46.2679149733966 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company’s share price in the near future.
Here are some of the media stories that may have impacted Accern Sentiment’s rankings:
- Tinder Just Got Valued at $3 Billion. Here’s What It Teaches Us In 1 Sentence (inc.com)
- The Hanover Insurance Group Appoints John C. Roche Chief Executive Officer; Joseph M. Zubretsky to Pursue Healthcare Opportunity (nasdaq.com)
- OTC Markets Group Welcomes GrowGeneration to OTCQX (bizjournals.com)
- Unum Group recommends that stockholders reject below-market mini-tender offer by Baker Mills Inc. (businesswire.com)
- OFH Wisconsin team members receive highest honor from Operation FINALLY Home (prlog.org)
Several equities analysts have issued reports on HOME shares. Zacks Investment Research cut shares of At Home Group from a “hold” rating to a “sell” rating in a research report on Tuesday, July 18th. Goldman Sachs Group, Inc. (The) cut shares of At Home Group from a “buy” rating to a “neutral” rating and upped their price target for the company from $22.50 to $24.00 in a research report on Friday, July 14th. SunTrust Banks, Inc. started coverage on shares of At Home Group in a research report on Thursday, July 6th. They issued a “buy” rating and a $28.00 price target for the company. Jefferies Group LLC restated a “buy” rating and issued a $24.00 price target on shares of At Home Group in a research report on Friday, July 14th. Finally, Morgan Stanley restated an “equal weight” rating and issued a $24.00 price target (up from $20.00) on shares of At Home Group in a research report on Thursday, September 7th. One equities research analyst has rated the stock with a sell rating, two have given a hold rating and five have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of $26.21.
Shares of At Home Group (NASDAQ:HOME) traded down 0.54% during trading on Wednesday, reaching $22.16. 171,258 shares of the company’s stock traded hands. At Home Group has a 52-week low of $10.19 and a 52-week high of $26.40. The company’s 50-day moving average is $22.72 and its 200 day moving average is $22.72. The company has a market cap of $1.34 billion and a price-to-earnings ratio of 41.50.
At Home Group (NASDAQ:HOME) last issued its earnings results on Tuesday, September 5th. The financial services provider reported $0.18 EPS for the quarter, topping the consensus estimate of $0.17 by $0.01. At Home Group had a net margin of 4.11% and a return on equity of 6.89%. The company had revenue of $232.07 million for the quarter, compared to the consensus estimate of $227.06 million. During the same period in the previous year, the firm earned $0.13 earnings per share. The firm’s revenue for the quarter was up 23.2% on a year-over-year basis. Equities analysts forecast that At Home Group will post $0.75 EPS for the current year.
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