At Home Group (NYSE:HOME) Stock Price Down 5.3%

At Home Group Inc (NYSE:HOME)’s share price fell 5.3% during mid-day trading on Thursday . The company traded as low as $4.61 and last traded at $4.66, 2,123,200 shares changed hands during mid-day trading. A decline of 17% from the average session volume of 2,565,094 shares. The stock had previously closed at $4.92.

A number of brokerages recently issued reports on HOME. TheStreet lowered At Home Group from a “c-” rating to a “d+” rating in a research report on Thursday, June 27th. Buckingham Research lowered At Home Group from a “buy” rating to an “underperform” rating in a research report on Friday, June 7th. Loop Capital lifted their target price on At Home Group to $8.00 and gave the company a “hold” rating in a research report on Friday, June 7th. Berenberg Bank began coverage on At Home Group in a research report on Thursday, May 9th. They issued a “buy” rating and a $30.00 target price on the stock. Finally, KeyCorp dropped their target price on At Home Group from $35.00 to $14.00 and set an “overweight” rating on the stock in a research report on Friday, June 7th. They noted that the move was a valuation call. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and five have assigned a buy rating to the company. The company has an average rating of “Hold” and a consensus price target of $17.67.

The stock has a market cap of $316.36 million, a price-to-earnings ratio of 6.30, a price-to-earnings-growth ratio of 0.46 and a beta of 1.33. The company has a 50-day simple moving average of $6.04 and a two-hundred day simple moving average of $16.45. The company has a debt-to-equity ratio of 1.67, a quick ratio of 0.06 and a current ratio of 0.82.

At Home Group (NYSE:HOME) last posted its quarterly earnings results on Thursday, June 6th. The financial services provider reported $0.03 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.02 by $0.01. The firm had revenue of $306.30 million for the quarter, compared to analyst estimates of $305.43 million. At Home Group had a return on equity of 6.17% and a net margin of 3.66%. The business’s quarterly revenue was up 19.6% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.31 EPS. As a group, sell-side analysts predict that At Home Group Inc will post 0.59 earnings per share for the current fiscal year.

Several large investors have recently bought and sold shares of HOME. FNY Investment Advisers LLC acquired a new position in shares of At Home Group during the 2nd quarter worth approximately $40,000. US Bancorp DE increased its position in shares of At Home Group by 178.0% during the 2nd quarter. US Bancorp DE now owns 6,598 shares of the financial services provider’s stock worth $44,000 after purchasing an additional 4,225 shares during the last quarter. Aperio Group LLC acquired a new position in shares of At Home Group during the 2nd quarter worth approximately $64,000. BNP Paribas Arbitrage SA increased its holdings in shares of At Home Group by 1,116.2% during the 1st quarter. BNP Paribas Arbitrage SA now owns 10,107 shares of the financial services provider’s stock worth $181,000 after acquiring an additional 9,276 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. acquired a new position in shares of At Home Group during the 2nd quarter worth approximately $208,000. 83.95% of the stock is currently owned by hedge funds and other institutional investors.

About At Home Group (NYSE:HOME)

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 décors, holiday accessories, home organization products, pillows, pottery, vases, and window treatments.

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