At Home Group (HOME) Shares Gap Down to $19.89

Shares of At Home Group Inc (NYSE:HOME) gapped down before the market opened on Tuesday . The stock had previously closed at $16.76, but opened at $19.89. At Home Group shares last traded at $20.99, with a volume of 170783 shares traded.

Several equities analysts have commented on the stock. Wells Fargo & Co reiterated a “buy” rating and issued a $27.00 price target on shares of At Home Group in a research note on Friday, March 15th. Zacks Investment Research upgraded shares of At Home Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, March 20th. ValuEngine lowered shares of At Home Group from a “hold” rating to a “sell” rating in a research note on Tuesday, January 15th. Jefferies Financial Group dropped their price target on shares of At Home Group to $33.00 and set a “buy” rating on the stock in a research note on Tuesday, January 15th. Finally, Gordon Haskett assumed coverage on shares of At Home Group in a research note on Thursday, January 31st. They issued a “hold” rating and a $22.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. The stock currently has a consensus rating of “Buy” and an average target price of $29.42.

The firm has a market cap of $1.44 billion, a price-to-earnings ratio of 27.85, a P/E/G ratio of 1.29 and a beta of 2.41. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.07.



At Home Group (NYSE:HOME) last posted its quarterly earnings data on Wednesday, March 27th. The financial services provider reported $0.47 earnings per share for the quarter, missing the Thomson Reuters’ consensus estimate of $0.48 by ($0.01). The firm had revenue of $354.07 million during the quarter, compared to analyst estimates of $351.72 million. At Home Group had a net margin of 4.20% and a return on equity of 7.40%. At Home Group’s revenue was up 20.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.50 earnings per share. Research analysts anticipate that At Home Group Inc will post 0.99 EPS for the current fiscal year.

Hedge funds have recently bought and sold shares of the company. Primecap Management Co. CA acquired a new stake in At Home Group in the first quarter valued at $1,734,000. North Peak Capital Management LLC lifted its holdings in At Home Group by 19.4% in the first quarter. North Peak Capital Management LLC now owns 760,294 shares of the financial services provider’s stock valued at $13,579,000 after acquiring an additional 123,641 shares during the period. Group One Trading L.P. lifted its holdings in At Home Group by 102.4% in the first quarter. Group One Trading L.P. now owns 20,142 shares of the financial services provider’s stock valued at $360,000 after acquiring an additional 10,188 shares during the period. The Manufacturers Life Insurance Company lifted its holdings in At Home Group by 10.7% in the first quarter. The Manufacturers Life Insurance Company now owns 29,700 shares of the financial services provider’s stock valued at $530,000 after acquiring an additional 2,859 shares during the period. Finally, Citigroup Inc. lifted its holdings in At Home Group by 4.9% in the first quarter. Citigroup Inc. now owns 15,590 shares of the financial services provider’s stock valued at $279,000 after acquiring an additional 735 shares during the period. 86.29% of the stock is owned by institutional investors and hedge funds.

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About At Home Group (NYSE:HOME)

At Home Group Inc operates home decor superstores in the United States. The company's stores offer approximately 50,000 items, such as accent furniture, mirrors, patio cushions, rugs and wall arts, artificial flowers and trees, bedding and bath products, candles, garden and outdoor décors, holiday accessories, home organization products, pillows, pottery, vases, and window treatments.

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