At Home (HOME) Expected to Announce Quarterly Sales of $256.60 Million
Wall Street analysts expect that At Home (NYSE:HOME) will report sales of $256.60 million for the current quarter, according to Zacks Investment Research. Three analysts have made estimates for At Home’s earnings. The highest sales estimate is $256.80 million and the lowest is $256.30 million. At Home reported sales of $211.84 million in the same quarter last year, which indicates a positive year-over-year growth rate of 21.1%. The company is scheduled to report its next earnings results on Wednesday, June 6th.
On average, analysts expect that At Home will report full-year sales of $1.16 billion for the current year. For the next year, analysts anticipate that the company will post sales of $1.41 billion per share, with estimates ranging from $1.39 billion to $1.43 billion. Zacks’ sales averages are an average based on a survey of research firms that cover At Home.
At Home (NYSE:HOME) last issued its quarterly earnings data on Thursday, March 22nd. The financial services provider reported $0.50 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.35 by $0.15. The business had revenue of $293.67 million for the quarter, compared to analysts’ expectations of $286.23 million. At Home had a return on equity of 9.25% and a net margin of 3.35%. The company’s revenue for the quarter was up 25.2% on a year-over-year basis. During the same period in the prior year, the firm earned $0.28 EPS.
In related news, CEO Lewis L. Bird III sold 26,588 shares of the stock in a transaction on Wednesday, January 17th. The stock was sold at an average price of $31.89, for a total transaction of $847,891.32. Following the sale, the chief executive officer now owns 39,588 shares in the company, valued at approximately $1,262,461.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, COO Peter Sg Corsa sold 67,600 shares of the stock in a transaction on Wednesday, January 17th. The shares were sold at an average price of $32.78, for a total value of $2,215,928.00. Following the sale, the chief operating officer now owns 54,000 shares in the company, valued at approximately $1,770,120. The disclosure for this sale can be found here. Insiders have sold a total of 7,782,760 shares of company stock worth $227,259,080 in the last 90 days. 7.30% of the stock is currently owned by insiders.
A number of large investors have recently added to or reduced their stakes in the stock. Shellback Capital LP purchased a new stake in At Home during the 4th quarter valued at $18,264,000. CI Investments Inc. purchased a new stake in At Home during the 4th quarter valued at $13,353,000. Gilder Gagnon Howe & Co. LLC raised its holdings in At Home by 414.4% during the 4th quarter. Gilder Gagnon Howe & Co. LLC now owns 423,918 shares of the financial services provider’s stock valued at $12,883,000 after buying an additional 341,509 shares during the period. American Century Companies Inc. raised its holdings in At Home by 47.2% during the 4th quarter. American Century Companies Inc. now owns 293,761 shares of the financial services provider’s stock valued at $8,927,000 after buying an additional 94,168 shares during the period. Finally, Renaissance Technologies LLC increased its stake in At Home by 280.2% in the fourth quarter. Renaissance Technologies LLC now owns 174,500 shares of the financial services provider’s stock worth $5,303,000 after purchasing an additional 128,600 shares during the period. Institutional investors own 32.79% of the company’s stock.
Shares of HOME traded up $1.64 during mid-day trading on Monday, hitting $35.10. 800,667 shares of the stock were exchanged, compared to its average volume of 493,569. The stock has a market capitalization of $2,026.00, a price-to-earnings ratio of 46.18, a price-to-earnings-growth ratio of 1.14 and a beta of 1.77. At Home has a 52-week low of $14.81 and a 52-week high of $36.00. The company has a debt-to-equity ratio of 0.52, a current ratio of 0.88 and a quick ratio of 0.09.
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At Home 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, frames, pottery, bar stools, garden décor, rugs and mats, bedding and bath products, Halloween decorations, sculptures, beds and mattresses, harvest decorations, silk flowers, candles, home organization products, sofas, chairs, kitchenware, stands, Christmas decorations, lamps, storage products, consumables, mirrors, tables, Easter decorations, patio products, vases, floor plants and trees, pet items, wall arts, food preparation items, pillows and cushions, and window treatments.
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