Zacks Investment Research downgraded shares of At Home Group Inc (NASDAQ:HOME) from a hold rating to a sell rating in a research report report published on Tuesday, July 18th.
According to Zacks, “At Home Group Inc. owns and operates home-decorating accessories stores primarily in the United States. It offers furniture, home furnishings, wall decor and decorative accents, rugs and housewares. At Home Group Inc. is headquartered in Plano, Texas. “
Several other research analysts also recently issued reports on HOME. Morgan Stanley boosted their price objective 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. Guggenheim lifted their target price on shares of At Home Group from $19.00 to $23.00 and gave the company a buy rating in a research report on Thursday, June 8th. 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. Jefferies Group LLC reiterated a buy rating and set a $24.00 target price on shares of At Home Group in a research report on Friday, July 14th. Finally, SunTrust Banks, Inc. started coverage on shares of At Home Group in a research note on Thursday, July 6th. They issued a buy rating and a $28.00 target price for the company. One investment analyst has rated the stock with a sell rating, three have assigned a hold rating and six have assigned a buy rating to the company’s stock. At Home Group has a consensus rating of Buy and a consensus price target of $22.79.
Shares of At Home Group (NASDAQ HOME) opened at 22.63 on Tuesday. The company has a 50 day moving average price of $22.98 and a 200 day moving average price of $18.52. The firm has a market cap of $1.37 billion and a PE ratio of 44.90. At Home Group has a 12-month low of $10.19 and a 12-month high of $26.40.
At Home Group (NASDAQ:HOME) last announced its earnings results on Wednesday, June 7th. The financial services provider reported $0.19 EPS for the quarter, hitting the consensus estimate of $0.19. The firm had revenue of $211.84 million for the quarter, compared to the consensus estimate of $208.90 million. At Home Group had a net margin of 4.74% and a return on equity of 7.44%. The business’s quarterly revenue was up 23.1% on a year-over-year basis. During the same quarter last year, the firm posted $0.15 EPS. On average, analysts forecast that At Home Group will post $0.75 earnings per share for the current fiscal year.
WARNING: “At Home Group Inc (NASDAQ:HOME) Stock Rating Lowered by Zacks Investment Research” was originally published by BNB Daily and is the sole property of of BNB Daily. If you are accessing this article on another website, it was illegally copied and republished in violation of US and international trademark and copyright legislation. The original version of this article can be read at https://www.baseball-news-blog.com/2017/08/13/at-home-group-inc-nasdaqhome-downgraded-to-sell-at-zacks-investment-research-updated-updated-updated.html.
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State Street Corp boosted its position in At Home Group by 45.5% in the fourth quarter. State Street Corp now owns 108,986 shares of the financial services provider’s stock valued at $1,593,000 after buying an additional 34,094 shares during the period. GSA Capital Partners LLP bought a new position in At Home Group during the fourth quarter valued at $178,000. Norges Bank bought a new position in At Home Group during the fourth quarter valued at $1,025,000. Pegasus Partners Ltd. bought a new position in At Home Group during the fourth quarter valued at $2,200,000. Finally, Teachers Advisors LLC boosted its position in At Home Group by 97.1% in the fourth quarter. Teachers Advisors LLC now owns 17,416 shares of the financial services provider’s stock valued at $255,000 after buying an additional 8,578 shares during the period.
About At Home Group
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for At Home Group Inc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for At Home Group Inc and related companies with MarketBeat.com's FREE daily email newsletter.