At Home Group (NYSE:HOME) Releases Q3 Earnings Guidance

At Home Group (NYSE:HOME) issued an update on its third quarter earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of $(0.04)-(0.01) for the period, compared to the Thomson Reuters consensus estimate of $0.05. The company issued revenue guidance of $312-317 million, compared to the consensus revenue estimate of $316.88 million.At Home Group also updated its FY 2020 guidance to $0.67-0.74 EPS.

Shares of NYSE HOME traded down $0.57 during mid-day trading on Thursday, reaching $6.34. 208,788 shares of the company were exchanged, compared to its average volume of 3,226,152. At Home Group has a 52 week low of $4.58 and a 52 week high of $35.90. The company has a quick ratio of 0.06, a current ratio of 0.82 and a debt-to-equity ratio of 1.67. The stock has a market capitalization of $429.08 million, a PE ratio of 8.59, a PEG ratio of 0.65 and a beta of 1.23. The company’s 50 day moving average price is $5.76 and its 200 day moving average price is $14.91.

At Home Group (NYSE:HOME) last posted its quarterly earnings results on Wednesday, September 4th. The financial services provider reported $0.18 earnings per share for the quarter, topping the consensus estimate of $0.14 by $0.04. The business had revenue of $342.32 million during the quarter, compared to the consensus estimate of $343.45 million. At Home Group had a net margin of 3.66% and a return on equity of 6.17%. On average, sell-side analysts predict that At Home Group will post 0.59 earnings per share for the current year.

HOME has been the subject of several recent research reports. KeyCorp lowered their price target on shares of At Home Group from $35.00 to $14.00 and set an overweight rating for the company in a research note on Friday, June 7th. They noted that the move was a valuation call. Wells Fargo & Co lowered their price target on shares of At Home Group from $9.00 to $6.00 and set a market perform rating for the company in a research note on Thursday. Berenberg Bank initiated coverage on shares of At Home Group in a research note on Thursday, May 9th. They issued a buy rating and a $30.00 price target for the company. Monness Crespi & Hardt reissued a buy rating and issued a $10.00 price target (down from $30.00) on shares of At Home Group in a research note on Friday, June 7th. Finally, Gordon Haskett upgraded shares of At Home Group from a hold rating to an accumulate rating in a research report on Friday, June 7th. Three research analysts have rated the stock with a sell rating, five have issued a hold rating and five have given a buy rating to the company. At Home Group currently has an average rating of Hold and a consensus price target of $17.17.

In related news, major shareholder Clifford Sosin purchased 43,044 shares of At Home Group stock in a transaction that occurred on Monday, August 26th. The shares were bought at an average price of $5.92 per share, for a total transaction of $254,820.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 9.25% of the stock is currently 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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Earnings History and Estimates for At Home Group (NYSE:HOME)

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