Analysts Expect At Home Group Inc (NYSE:HOME) to Post $0.07 Earnings Per Share

Analysts expect that At Home Group Inc (NYSE:HOME) will announce $0.07 earnings per share (EPS) for the current quarter, according to Zacks. Three analysts have provided estimates for At Home Group’s earnings, with the highest EPS estimate coming in at $0.27 and the lowest estimate coming in at ($0.16). At Home Group posted earnings per share of $0.18 in the same quarter last year, which would indicate a negative year over year growth rate of 61.1%. The company is scheduled to issue its next quarterly earnings report on Wednesday, September 2nd.

According to Zacks, analysts expect that At Home Group will report full-year earnings of ($0.33) per share for the current year, with EPS estimates ranging from ($1.22) to $0.11. For the next financial year, analysts expect that the business will post earnings of $0.36 per share, with EPS estimates ranging from $0.04 to $0.55. Zacks’ earnings per share calculations are a mean average based on a survey of research analysts that follow At Home Group.

At Home Group (NYSE:HOME) last announced its earnings results on Thursday, June 18th. The financial services provider reported ($0.61) EPS for the quarter, missing the Zacks’ consensus estimate of ($0.42) by ($0.19). At Home Group had a negative net margin of 47.03% and a negative return on equity of 0.66%. The business had revenue of $189.85 million for the quarter, compared to analysts’ expectations of $194.15 million. During the same period in the prior year, the company posted $0.03 earnings per share. The firm’s quarterly revenue was down 38.0% on a year-over-year basis.

A number of brokerages recently weighed in on HOME. ValuEngine lowered shares of At Home Group from a “buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Loop Capital upped their target price on shares of At Home Group from $3.00 to $7.00 and gave the stock a “hold” rating in a research report on Friday, June 19th. Zacks Investment Research lowered shares of At Home Group from a “hold” rating to a “sell” rating and set a $5.00 target price for the company. in a research report on Thursday, May 21st. Bank of America restated a “sell” rating and set a $5.00 target price on shares of At Home Group in a research report on Friday, June 19th. Finally, Morgan Stanley upped their target price on shares of At Home Group from $2.00 to $6.00 and gave the stock an “equal weight” rating in a research report on Monday, June 22nd. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and one has assigned a buy rating to the company. At Home Group currently has an average rating of “Hold” and a consensus target price of $6.22.

Shares of NYSE HOME traded down $0.13 during midday trading on Wednesday, reaching $6.91. The stock had a trading volume of 90,474 shares, compared to its average volume of 4,447,991. The company has a debt-to-equity ratio of 6.32, a quick ratio of 0.17 and a current ratio of 0.82. The stock has a 50-day moving average of $5.22 and a 200-day moving average of $4.59. At Home Group has a 12-month low of $1.20 and a 12-month high of $10.55. The company has a market capitalization of $451.90 million, a price-to-earnings ratio of -0.77 and a beta of 2.24.

A number of hedge funds have recently added to or reduced their stakes in the business. Swiss National Bank lifted its position in At Home Group by 3.6% during the fourth quarter. Swiss National Bank now owns 91,900 shares of the financial services provider’s stock valued at $505,000 after purchasing an additional 3,200 shares during the last quarter. Nuveen Asset Management LLC lifted its position in At Home Group by 2.8% during the fourth quarter. Nuveen Asset Management LLC now owns 171,373 shares of the financial services provider’s stock valued at $942,000 after purchasing an additional 4,730 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of At Home Group by 2.0% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 294,968 shares of the financial services provider’s stock worth $1,623,000 after acquiring an additional 5,858 shares during the last quarter. Citigroup Inc. lifted its holdings in shares of At Home Group by 68.8% in the 1st quarter. Citigroup Inc. now owns 16,589 shares of the financial services provider’s stock worth $33,000 after acquiring an additional 6,760 shares during the last quarter. Finally, Royal Bank of Canada lifted its holdings in shares of At Home Group by 38.4% in the 1st quarter. Royal Bank of Canada now owns 25,946 shares of the financial services provider’s stock worth $53,000 after acquiring an additional 7,201 shares during the last quarter. Institutional investors and hedge funds own 78.25% of the company’s stock.

At Home Group Company Profile

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 d├ęcors, holiday accessories, home organization products, pillows, pottery, vases, and window treatments.

Further Reading: How can investors invest in the S&P/TSX Index?

Get a free copy of the Zacks research report on At Home Group (HOME)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for At Home Group (NYSE:HOME)

Receive News & Ratings for At Home Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for At Home Group and related companies with MarketBeat.com's FREE daily email newsletter.