At Home Group (NYSE:HOME) Issues Quarterly Earnings Results, Beats Estimates By $0.27 EPS

Last updated on Thursday, June 3, 2021 | 2021 MarketBeat

At Home Group (NYSE:HOME) announced its quarterly earnings results on Tuesday. The financial services provider reported $0.87 EPS for the quarter, beating analysts' consensus estimates of $0.60 by $0.27, reports. The firm had revenue of $537.10 million during the quarter, compared to analysts' expectations of $466.74 million. At Home Group had a negative net margin of 8.62% and a positive return on equity of 46.94%. The company's revenue for the quarter was up 183.0% compared to the same quarter last year. During the same quarter last year, the company posted ($0.61) earnings per share.

Shares of HOME stock traded up $0.03 during trading on Thursday, hitting $37.02. The company had a trading volume of 37,974 shares, compared to its average volume of 1,952,597. The company has a quick ratio of 0.43, a current ratio of 1.35 and a debt-to-equity ratio of 0.65. The company has a market cap of $2.42 billion, a price-to-earnings ratio of -15.30, a P/E/G ratio of 0.63 and a beta of 2.54. The stock's 50-day simple moving average is $32.34. At Home Group has a one year low of $5.05 and a one year high of $38.06.

A number of equities analysts recently commented on the company. Loop Capital lifted their price target on At Home Group from $20.00 to $27.00 and gave the stock a "hold" rating in a report on Thursday, March 25th. Wells Fargo & Company lifted their price target on At Home Group from $30.00 to $37.00 in a report on Thursday, May 6th. TheStreet upgraded At Home Group from a "d" rating to a "c" rating in a report on Tuesday, March 23rd. Compass Point reiterated a "neutral" rating on shares of At Home Group in a report on Monday, May 17th. Finally, Morgan Stanley lifted their price target on At Home Group from $23.00 to $30.00 and gave the stock an "equal weight" rating in a report on Friday, March 26th. Eight analysts have rated the stock with a hold rating and two have assigned a buy rating to the stock. The company presently has a consensus rating of "Hold" and a consensus price target of $24.83.

In related news, insider Chad C. Stauffer sold 2,426 shares of the business's stock in a transaction that occurred on Friday, March 19th. The stock was sold at an average price of $29.71, for a total value of $72,076.46. Following the completion of the sale, the insider now directly owns 19,738 shares in the company, valued at $586,415.98. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CMO Ashley F. Sheetz sold 13,656 shares of the business's stock in a transaction that occurred on Wednesday, March 10th. The shares were sold at an average price of $29.00, for a total value of $396,024.00. Over the last quarter, insiders sold 106,796 shares of company stock valued at $3,232,880. 5.90% of the stock is currently owned by corporate insiders.

At Home Group Company Profile

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 décors, 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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Earnings History for At Home Group (NYSE:HOME)

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