At Home Group Inc. (NYSE: HOME) – KeyCorp analysts increased their estimates of third quarter 2022 EPS for At Home Group in a report released on Wednesday, June 2. KeyCorp analyst B. Thomas now expects the financial services provider to post earnings of $ 0.27 per share for the quarter, up from its previous estimate of $ 0.18. KeyCorp also released estimates for At Home Group earnings in the fourth quarter of 2022 at $ 0.55 EPS. At Home Group (NYSE: HOME) last released its results on Tuesday, June 1. The financial services provider reported earnings per share (EPS) of $ 0.87 for the quarter, beating Zacks’ consensus estimate of $ 0.60 by $ 0.27. The company posted revenue of $ 537.10 million for the quarter, compared to analysts’ estimates of $ 466.74 million. At Home Group had a negative net margin of 8.62% and a positive return on equity of 46.94%. The company’s quarterly revenue increased 183.0% year-over-year. During the same period of the previous year, the company made EPS ($ 0.61).
HOME has been the subject of several other reports. Loop Capital raised its price target for At Home Group shares from $ 20.00 to $ 27.00 and gave the stock a “hold” rating in a research report on Thursday, March 25. TheStreet downgraded At Home Group shares from a “d” rating to a “c” rating in a report released on Tuesday, March 23. Wells Fargo & Company raised its target price on At Home Group shares from $ 30.00 to $ 37.00 in a report released on Thursday, May 6. Craig Hallum reaffirmed a “hold” rating and published a target price of $ 36.00 on At Home Group shares in a report released on Thursday, May 13. Finally, Morgan Stanley raised its price target on At Home Group shares from $ 23.00 to $ 30.00 and gave the company an “equal weight” rating in a Friday March 26th research note. . Eight research analysts rated the stock with a conservation rating and two issued a buy rating for the company’s stock. At Home Group has an average “Hold” rating and an average target price of $ 24.83.
HOME shares opened at $ 37.02 on Friday. At Home Group has a twelve month low of $ 5.47 and a twelve month high of $ 38.06. The company has a fifty-day moving average price of $ 32.53. The company has a market cap of $ 2.42 billion, a price / earnings ratio of -15.30, a price / earnings-growth ratio of 0.63, and a beta of 2.54. The company has a leverage ratio of 0.65, a current ratio of 1.35 and a quick ratio of 0.43.
A number of institutional investors and hedge funds have recently changed their positions in HOME. Indaba Capital Management LP increased its position in At Home Group by 198.6% in the 4th quarter. Indaba Capital Management LP now owns 3,263,986 shares of the financial services provider valued at $ 50,461,000 after purchasing an additional 2,170,986 shares in the last quarter. Renaissance Technologies LLC increased its stake in At Home Group by 120.7% during the first quarter. Renaissance Technologies LLC now owns 2,400,800 shares of the financial services provider valued at $ 68,903,000 after purchasing an additional 1,312,900 shares in the last quarter. Impala Asset Management LLC purchased a new stake in At Home Group during the fourth quarter for a value of approximately $ 12,021,000. CAS Investment Partners LLC increased its position in At Home Group shares by 6.2% in the first quarter. CAS Investment Partners LLC now owns 11,078,735 shares of the financial services provider valued at $ 317,960,000 after purchasing an additional 645,000 shares in the last quarter. Finally, Intrinsic Edge Capital Management LLC purchased a new equity stake in At Home Group in the first quarter valued at approximately $ 16,866,000. Hedge funds and other institutional investors hold 89.50% of the company’s shares.
In other At Home Group news, COO Peter Sg Corsa sold 1,710 shares in a trade on Sunday March 28. The shares were sold at an average price of $ 28.42, for a total trade of $ 48,598.20. Following the sale, the COO now directly owns 14,905 shares of the company, valued at $ 423,600.10. The sale was disclosed in a file with the Securities & Exchange Commission, accessible through the SEC website. In addition, chief marketing officer Ashley F. Sheetz sold 13,656 shares of the company in a transaction dated Wednesday, March 10. The stock was sold for an average price of $ 29, for a total trade of $ 396,024.00. Insiders have sold 106,796 shares of the company valued at $ 3,232,880 in the past ninety days. 5.90% of the shares are currently held by company insiders.
At Home Group Company Profile
At Home Group Inc operates interior design hypermarkets in the United States. The company’s stores carry home furnishings including accent furniture, furniture, mirrors, patio cushions, rugs and wall art; and accent decorations, such as artificial flowers and trees, bathroom, bedding, candles, garden and outdoor decorations, vacation accessories, home organization, pillows , pottery, vases and window treatments.
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