At Home Group (NYSE:HOME) Stock Price Down 5.5%

Shares of At Home Group Inc (NYSE:HOME) fell 5.5% during mid-day trading on Thursday . The stock traded as low as $6.54 and last traded at $6.57, 1,823,708 shares changed hands during mid-day trading. A decline of 26% from the average session volume of 2,460,329 shares. The stock had previously closed at $6.95.

Several research firms have recently issued reports on HOME. ValuEngine lowered Intersect ENT from a “buy” rating to a “hold” rating in a report on Monday, June 3rd. Berenberg Bank upped their target price on Hiscox from GBX 1,569 ($20.50) to GBX 1,581 ($20.66) and gave the company a “hold” rating in a report on Thursday, May 9th. KeyCorp reduced their target price on At Home Group from $35.00 to $14.00 and set an “overweight” rating for the company in a report on Friday, June 7th. They noted that the move was a valuation call. Buckingham Research lowered At Home Group from a “buy” rating to an “underperform” rating in a report on Friday, June 7th. Finally, Zacks Investment Research lowered Garrett Motion from a “hold” rating to a “sell” rating in a report on Wednesday, March 20th. Three research analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. At Home Group currently has a consensus rating of “Hold” and a consensus price target of $17.67.

The stock’s fifty day simple moving average is $10.69. The stock has a market capitalization of $439.96 million, a price-to-earnings ratio of 8.88, a P/E/G ratio of 0.69 and a beta of 1.36. The company has a quick ratio of 0.06, a current ratio of 0.82 and a debt-to-equity ratio of 1.67.



At Home Group (NYSE:HOME) last announced its quarterly earnings data on Thursday, June 6th. The financial services provider reported $0.03 earnings per share for the quarter, beating the consensus estimate of $0.02 by $0.01. At Home Group had a return on equity of 6.17% and a net margin of 3.66%. The business had revenue of $306.30 million during the quarter, compared to analyst estimates of $305.43 million. During the same period in the prior year, the company earned $0.31 earnings per share. At Home Group’s revenue was up 19.6% compared to the same quarter last year. Sell-side analysts expect that At Home Group Inc will post 0.59 EPS for the current fiscal year.

A number of hedge funds and other institutional investors have recently made changes to their positions in HOME. Owl Creek Asset Management L.P. bought a new position in At Home Group during the fourth quarter valued at $23,798,000. FMR LLC grew its holdings in At Home Group by 53.8% during the fourth quarter. FMR LLC now owns 3,418,969 shares of the financial services provider’s stock valued at $63,798,000 after purchasing an additional 1,196,544 shares during the period. North Peak Capital Management LLC bought a new position in At Home Group during the fourth quarter valued at $11,880,000. Marshall Wace LLP grew its holdings in At Home Group by 153.9% during the first quarter. Marshall Wace LLP now owns 793,220 shares of the financial services provider’s stock valued at $14,167,000 after purchasing an additional 480,818 shares during the period. Finally, Frontier Capital Management Co. LLC bought a new position in At Home Group during the first quarter valued at $5,261,000. 88.60% of the stock is owned by institutional investors and hedge funds.

At Home Group Company Profile (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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