At Home Group Inc (NASDAQ:HOME) Stock Rating Lowered by Zacks Investment Research

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.

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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

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