At Home Group Inc. (NYSE:HOME) - Analysts at Jefferies Financial Group lowered their Q3 2022 earnings per share (EPS) estimates for At Home Group in a research report issued to clients and investors on Wednesday, June 2nd. Jefferies Financial Group analyst J. Matuszewski now forecasts that the financial services provider will post earnings per share of $0.20 for the quarter, down from their previous forecast of $0.21. Jefferies Financial Group also issued estimates for At Home Group's Q4 2022 earnings at $0.38 EPS. At Home Group (NYSE:HOME) last released its quarterly earnings results on Tuesday, June 1st. The financial services provider reported $0.87 earnings per share (EPS) for the quarter, beating the Zacks' consensus estimate of $0.60 by $0.27. The business had revenue of $537.10 million during the quarter, compared to the consensus estimate of $466.74 million. At Home Group had a return on equity of 66.86% and a net margin of 12.74%. The business's quarterly revenue was up 183.0% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.61) EPS.
A number of other brokerages also recently issued reports on HOME. Morgan Stanley boosted their price objective on At Home Group from $23.00 to $30.00 and gave the company an "equal weight" rating in a research note on Friday, March 26th. Wells Fargo & Company upped their price target on At Home Group from $30.00 to $37.00 in a research note on Thursday, May 6th. TheStreet upgraded At Home Group from a "d" rating to a "c" rating in a research note on Tuesday, March 23rd. Compass Point restated a "neutral" rating on shares of At Home Group in a research note on Monday, May 17th. Finally, Craig Hallum restated a "hold" rating and issued a $36.00 price target on shares of At Home Group in a research note on Thursday, May 13th. Eight equities research analysts have rated the stock with a hold rating and two have given a buy rating to the company's stock. At Home Group currently has a consensus rating of "Hold" and a consensus target price of $24.83.
Shares of NYSE:HOME opened at $37.10 on Monday. The company's 50 day moving average is $32.71. The company has a market cap of $2.43 billion, a P/E ratio of 9.30, a PEG ratio of 0.60 and a beta of 2.53. The company has a current ratio of 1.35, a quick ratio of 0.43 and a debt-to-equity ratio of 0.65. At Home Group has a 12-month low of $5.47 and a 12-month high of $38.06.
A number of hedge funds have recently modified their holdings of HOME. New York State Teachers Retirement System boosted its position in At Home Group by 200.0% during the fourth quarter. New York State Teachers Retirement System now owns 4,500 shares of the financial services provider's stock valued at $70,000 after purchasing an additional 3,000 shares in the last quarter. Strs Ohio raised its stake in At Home Group by 646.2% in the fourth quarter. Strs Ohio now owns 19,400 shares of the financial services provider's stock valued at $299,000 after buying an additional 16,800 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank purchased a new stake in At Home Group in the fourth quarter valued at about $132,000. Arizona State Retirement System purchased a new stake in At Home Group in the fourth quarter valued at about $216,000. Finally, Victory Capital Management Inc. purchased a new stake in At Home Group in the fourth quarter valued at about $331,000. 89.50% of the stock is currently owned by institutional investors.
In other news, insider Chad C. Stauffer sold 26,927 shares of the stock in a transaction on Friday, March 12th. The stock was sold at an average price of $30.00, for a total transaction of $807,810.00. Following the transaction, the insider now owns 44,239 shares of the company's stock, valued at approximately $1,327,170. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CFO Jeffrey R. Knudson sold 22,871 shares of the stock in a transaction on Thursday, May 6th. The stock was sold at an average price of $35.00, for a total value of $800,485.00. Following the transaction, the chief financial officer now directly owns 43,132 shares in the company, valued at approximately $1,509,620. The disclosure for this sale can be found here. In the last quarter, insiders sold 106,796 shares of company stock worth $3,232,880. Insiders own 5.90% of the company's stock.
About At Home Group
At Home Group Inc operates home decor superstores in the United States. The company's stores offer home furnishings, including accent furniture, furniture, mirrors, patio cushions, rugs, and wall art; and accent dÃ©cors, such as artificial flowers and trees, bath, bedding, candles, garden and outdoor decors, holiday accessories, home organization, pillows, pottery, vases, and window treatments.
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