At Home Group (NYSE:HOME) issued an update on its FY20 earnings guidance on Wednesday morning. The company provided earnings per share guidance of $0.67-0.74 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.68. The company issued revenue guidance of $1.372-1.387 billion (Prior $1.370-1.390 billion), compared to the consensus revenue estimate of $1.38 billion.At Home Group also updated its FY 2020 guidance to $0.67-0.74 EPS.
HOME traded up $0.21 during trading hours on Wednesday, hitting $6.91. 4,055,937 shares of the stock were exchanged, compared to its average volume of 2,685,393. The stock has a 50-day simple moving average of $5.76 and a 200-day simple moving average of $14.91. At Home Group has a 12 month low of $4.58 and a 12 month high of $35.90. The stock has a market cap of $431.64 million, a price-to-earnings ratio of 9.34, a price-to-earnings-growth ratio of 0.65 and a beta of 1.23. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.82 and a quick ratio of 0.06.
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 (EPS) for the quarter, topping the Thomson Reuters’ 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 firm had revenue of $306.30 million for the quarter, compared to analysts’ expectations of $305.43 million. During the same period last year, the business posted $0.31 earnings per share. The firm’s revenue for the quarter was up 19.6% on a year-over-year basis. Sell-side analysts expect that At Home Group will post 0.59 EPS for the current year.
A number of research firms have issued reports on HOME. Loop Capital raised their target price on At Home Group to $8.00 and gave the company a hold rating in a research note on Friday, June 7th. Jefferies Financial Group lowered their price target on At Home Group from $25.00 to $10.00 and set a buy rating on the stock in a report on Thursday, June 6th. Wells Fargo & Co lowered At Home Group from an outperform rating to a market perform rating and set a $9.00 price target on the stock. in a report on Thursday, June 6th. Gordon Haskett raised At Home Group from a hold rating to an accumulate rating in a report on Friday, June 7th. Finally, Monness Crespi & Hardt reissued a buy rating and set a $10.00 price target (down from $30.00) on shares of At Home Group in a report on Friday, June 7th. Three investment analysts have rated the stock with a sell rating, five have issued a hold rating and five have assigned a buy rating to the company’s stock. The company presently has an average rating of Hold and an average price target of $17.42.
In other news, major shareholder Clifford Sosin bought 43,044 shares of the stock in a transaction that occurred on Monday, August 26th. The shares were purchased at an average cost of $5.92 per share, with a total value of $254,820.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 9.25% of the stock is owned by insiders.
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 décors, holiday accessories, home organization products, pillows, pottery, vases, and window treatments.
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