At Home Group Inc (NYSE:HOME) Expected to Announce Earnings of $0.07 Per Share

Analysts predict that At Home Group Inc (NYSE:HOME) will report earnings per share of $0.07 for the current quarter, Zacks reports. Three analysts have made estimates for At Home Group’s earnings. The highest EPS estimate is $0.27 and the lowest is ($0.16). At Home Group posted earnings of $0.18 per share in the same quarter last year, which would suggest a negative year over year growth rate of 61.1%. The business is expected to issue its next quarterly earnings results on Wednesday, September 2nd.

On average, analysts expect that At Home Group will report full year earnings of ($0.33) per share for the current fiscal year, with EPS estimates ranging from ($1.22) to $0.11. For the next fiscal year, analysts forecast that the firm will post earnings of $0.36 per share, with EPS estimates ranging from $0.04 to $0.55. Zacks Investment Research’s EPS averages are an average based on a survey of sell-side analysts that that provide coverage for At Home Group.

At Home Group (NYSE:HOME) last released its quarterly earnings data on Thursday, June 18th. The financial services provider reported ($0.61) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates 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 firm had revenue of $189.85 million during the quarter, compared to analysts’ expectations of $194.15 million. During the same quarter in the previous year, the firm posted $0.03 EPS. At Home Group’s revenue was down 38.0% compared to the same quarter last year.

A number of equities analysts have issued reports on the stock. Guggenheim cut shares of At Home Group from a “buy” rating to a “neutral” rating in a research report on Wednesday, March 25th. Loop Capital boosted their price target on shares of At Home Group from $3.00 to $7.00 and gave the company a “hold” rating in a research report on Friday, June 19th. ValuEngine cut shares of At Home Group from a “buy” rating to a “hold” rating in a research report on Tuesday, June 23rd. Bank of America reiterated a “sell” rating and set a $5.00 price target on shares of At Home Group in a research report on Friday, June 19th. Finally, Morgan Stanley boosted their price target on shares of At Home Group from $2.00 to $6.00 and gave the company 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 issued a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $6.22.

Shares of HOME stock traded down $0.13 during mid-day 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 stock’s 50-day moving average price is $5.22 and its two-hundred day moving average price is $4.59. At Home Group has a 52-week low of $1.20 and a 52-week high of $10.55. The firm has a market capitalization of $451.90 million, a PE ratio of -0.77 and a beta of 2.24. The company has a current ratio of 0.82, a quick ratio of 0.17 and a debt-to-equity ratio of 6.32.

A number of institutional investors and hedge funds have recently made changes to their positions in HOME. Prentice Capital Management LP bought a new position in shares of At Home Group in the fourth quarter worth approximately $21,569,000. Senvest Management LLC bought a new position in shares of At Home Group in the first quarter worth approximately $3,277,000. CAS Investment Partners LLC lifted its stake in shares of At Home Group by 18.4% in the first quarter. CAS Investment Partners LLC now owns 10,433,735 shares of the financial services provider’s stock worth $21,076,000 after buying an additional 1,618,415 shares in the last quarter. JPMorgan Chase & Co. lifted its stake in shares of At Home Group by 5,780.7% in the first quarter. JPMorgan Chase & Co. now owns 919,035 shares of the financial services provider’s stock worth $1,857,000 after buying an additional 903,407 shares in the last quarter. Finally, Private Advisors LLC bought a new position in shares of At Home Group in the first quarter worth approximately $1,077,000. 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.

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

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