At Home Group Inc (HOME) Expected to Post Earnings of $0.15 Per Share
Analysts predict that At Home Group Inc (NYSE:HOME) will report $0.15 earnings per share (EPS) for the current quarter, according to Zacks. Four analysts have made estimates for At Home Group’s earnings. At Home Group reported earnings of $0.07 per share in the same quarter last year, which suggests a positive year over year growth rate of 114.3%. The firm is expected to issue its next quarterly earnings report on Wednesday, December 5th.
According to Zacks, analysts expect that At Home Group will report full-year earnings of $1.31 per share for the current year, with EPS estimates ranging from $1.30 to $1.32. For the next fiscal year, analysts expect that the firm will report earnings of $1.53 per share, with EPS estimates ranging from $1.50 to $1.65. Zacks Investment Research’s earnings per share calculations are an average based on a survey of sell-side research analysts that that provide coverage for At Home Group.
At Home Group (NYSE:HOME) last released its quarterly earnings data on Wednesday, August 29th. The financial services provider reported $0.34 EPS for the quarter, beating analysts’ consensus estimates of $0.33 by $0.01. At Home Group had a return on equity of 6.26% and a net margin of 1.95%. The firm had revenue of $288.50 million for the quarter, compared to analysts’ expectations of $286.50 million. During the same period in the prior year, the firm posted $0.18 earnings per share. The firm’s quarterly revenue was up 24.3% on a year-over-year basis.
HOME traded up $0.10 during trading hours on Friday, reaching $33.06. The company’s stock had a trading volume of 23,593 shares, compared to its average volume of 1,306,274. At Home Group has a fifty-two week low of $20.07 and a fifty-two week high of $40.97. The stock has a market capitalization of $2.10 billion, a PE ratio of 43.44, a P/E/G ratio of 1.64 and a beta of 0.97. The company has a debt-to-equity ratio of 0.48, a quick ratio of 0.08 and a current ratio of 0.89.
In other news, major shareholder Starr Investment Holdings, Llc sold 4,591,824 shares of the company’s stock in a transaction on Tuesday, September 11th. The stock was sold at an average price of $33.11, for a total transaction of $152,035,292.64. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Lewis L. Bird III sold 30,435 shares of the company’s stock in a transaction on Wednesday, July 18th. The stock was sold at an average price of $36.16, for a total value of $1,100,529.60. Following the sale, the chief executive officer now directly owns 43,435 shares in the company, valued at approximately $1,570,609.60. The disclosure for this sale can be found here. In the last three months, insiders sold 4,894,571 shares of company stock worth $162,954,133. 7.25% of the stock is owned by corporate insiders.
Several institutional investors have recently bought and sold shares of the company. Moody Aldrich Partners LLC purchased a new stake in shares of At Home Group during the second quarter worth $3,010,000. Bank of New York Mellon Corp increased its holdings in At Home Group by 128.9% in the second quarter. Bank of New York Mellon Corp now owns 300,938 shares of the financial services provider’s stock valued at $11,782,000 after buying an additional 169,473 shares during the last quarter. Putnam Investments LLC increased its holdings in At Home Group by 37.9% in the second quarter. Putnam Investments LLC now owns 215,537 shares of the financial services provider’s stock valued at $8,438,000 after buying an additional 59,271 shares during the last quarter. Millennium Management LLC increased its holdings in At Home Group by 1,107.5% in the second quarter. Millennium Management LLC now owns 488,242 shares of the financial services provider’s stock valued at $19,115,000 after buying an additional 447,809 shares during the last quarter. Finally, Scopus Asset Management L.P. purchased a new position in At Home Group in the second quarter valued at $4,701,000. 61.45% of the stock is currently owned by institutional investors and hedge funds.
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 décor, holiday accessories, home organization, pillows, pottery, vases, and window treatments.
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