At Home Group (HOME) Upgraded to “Buy” by Zacks Investment Research

Zacks Investment Research upgraded shares of At Home Group (NYSE:HOME) from a hold rating to a buy rating in a research note issued to investors on Wednesday morning. Zacks Investment Research currently has $36.00 price target on the financial services provider’s stock.

According to Zacks, “At Home Group Inc. owns and operates home-decorating accessories stores primarily in the United States. It offers furniture, home furnishings, wall decor and decorative accents, rugs and housewares. At Home Group Inc. is headquartered in Plano, Texas. “

Several other equities research analysts have also weighed in on the stock. SunTrust Banks reiterated a buy rating on shares of At Home Group in a report on Monday, September 18th. Jefferies Group reiterated a buy rating and issued a $35.00 target price (up from $30.00) on shares of At Home Group in a report on Thursday, November 30th. Guggenheim reiterated a buy rating and issued a $35.00 target price on shares of At Home Group in a report on Thursday, December 21st. KeyCorp reiterated a buy rating on shares of At Home Group in a report on Thursday, December 21st. Finally, BidaskClub lowered shares of At Home Group from a buy rating to a hold rating in a report on Thursday, October 12th. Three equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. The company has an average rating of Buy and a consensus target price of $29.44.

Shares of At Home Group (HOME) opened at $32.74 on Wednesday. The company has a quick ratio of 0.06, a current ratio of 0.85 and a debt-to-equity ratio of 0.56. The firm has a market cap of $1,947.29, a price-to-earnings ratio of 54.57, a price-to-earnings-growth ratio of 1.69 and a beta of 3.77. At Home Group has a twelve month low of $13.97 and a twelve month high of $32.75.

At Home Group (NYSE:HOME) last posted its earnings results on Wednesday, November 29th. The financial services provider reported $0.07 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.04 by $0.03. The company had revenue of $213.00 million for the quarter, compared to analyst estimates of $201.29 million. At Home Group had a net margin of 4.18% and a return on equity of 7.53%. The business’s revenue for the quarter was up 24.8% compared to the same quarter last year. During the same period last year, the business posted $0.03 earnings per share. sell-side analysts anticipate that At Home Group will post 0.79 EPS for the current year.

In related news, insider Alissa M. Ahlman sold 3,184 shares of the firm’s stock in a transaction on Wednesday, December 6th. The shares were sold at an average price of $25.48, for a total transaction of $81,128.32. Following the sale, the insider now directly owns 3,184 shares in the company, valued at $81,128.32. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Mary Jane Broussard sold 10,000 shares of the firm’s stock in a transaction on Monday, January 8th. The stock was sold at an average price of $32.00, for a total transaction of $320,000.00. Following the sale, the insider now owns 33,417 shares in the company, valued at $1,069,344. The disclosure for this sale can be found here. Over the last 90 days, insiders have sold 6,098,842 shares of company stock worth $148,379,677. 7.14% of the stock is currently owned by company insiders.

Large investors have recently modified their holdings of the stock. D.A. Davidson & CO. acquired a new stake in shares of At Home Group during the second quarter worth $235,000. Dimensional Fund Advisors LP acquired a new stake in At Home Group in the 3rd quarter valued at $245,000. Citadel Advisors LLC acquired a new stake in At Home Group in the 3rd quarter valued at $254,000. Neuberger Berman Group LLC acquired a new stake in At Home Group in the 2nd quarter valued at $293,000. Finally, GSA Capital Partners LLP acquired a new stake in At Home Group in the 3rd quarter valued at $295,000. Institutional investors and hedge funds own 24.72% of the company’s stock.

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