At Home Group (NYSE:HOME) had its price target cut by research analysts at Bank of America from $8.00 to $5.00 in a research report issued to clients and investors on Tuesday, The Fly reports. The brokerage presently has an “underperform” rating on the financial services provider’s stock. Bank of America‘s price target would indicate a potential downside of 14.09% from the stock’s current price.

Other equities analysts have also recently issued reports about the stock. Buckingham Research cut shares of At Home Group from a “buy” rating to an “underperform” rating in a research report on Friday, June 7th. Monness Crespi & Hardt restated a “buy” rating and set a $10.00 price objective (down from $30.00) on shares of At Home Group in a research report on Friday, June 7th. Gordon Haskett upgraded shares of At Home Group from a “hold” rating to an “accumulate” rating in a research report on Friday, June 7th. TheStreet cut shares of At Home Group from a “c-” rating to a “d+” rating in a research report on Thursday, June 27th. Finally, Berenberg Bank began coverage on shares of At Home Group in a research report on Thursday, May 9th. They set a “buy” rating and a $30.00 price objective for the company. Three analysts have rated the stock with a sell rating, five have given a hold rating and five have issued a buy rating to the stock. The stock presently has an average rating of “Hold” and an average price target of $17.42.

HOME opened at $5.82 on Tuesday. The company has a debt-to-equity ratio of 1.67, a current ratio of 0.82 and a quick ratio of 0.06. The firm has a fifty day moving average price of $5.88 and a 200 day moving average price of $16.06. At Home Group has a 1 year low of $4.58 and a 1 year high of $37.81. The stock has a market cap of $329.81 million, a P/E ratio of 7.86, a P/E/G ratio of 0.50 and a beta of 1.33.

At Home Group (NYSE:HOME) last posted its earnings results on Thursday, June 6th. The financial services provider reported $0.03 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.02 by $0.01. The firm had revenue of $306.30 million during the quarter, compared to analysts’ expectations of $305.43 million. At Home Group had a net margin of 3.66% and a return on equity of 6.17%. The business’s revenue was up 19.6% compared to the same quarter last year. During the same period in the previous year, the business posted $0.31 EPS. Equities analysts expect that At Home Group will post 0.59 EPS for the current year.

Several hedge funds and other institutional investors have recently modified their holdings of HOME. Marshall Wace LLP raised its position in shares of At Home Group by 87.1% in the second quarter. Marshall Wace LLP now owns 1,484,406 shares of the financial services provider’s stock valued at $9,886,000 after buying an additional 691,186 shares during the last quarter. TIG Advisors LLC acquired a new stake in shares of At Home Group in the second quarter valued at about $4,129,000. Landscape Capital Management L.L.C. raised its position in shares of At Home Group by 2,273.5% in the second quarter. Landscape Capital Management L.L.C. now owns 536,947 shares of the financial services provider’s stock valued at $3,576,000 after buying an additional 514,324 shares during the last quarter. Cubist Systematic Strategies LLC raised its position in shares of At Home Group by 837.8% in the second quarter. Cubist Systematic Strategies LLC now owns 458,171 shares of the financial services provider’s stock valued at $3,051,000 after buying an additional 409,317 shares during the last quarter. Finally, Morgan Stanley raised its position in shares of At Home Group by 48.5% in the second quarter. Morgan Stanley now owns 1,131,531 shares of the financial services provider’s stock valued at $7,536,000 after buying an additional 369,789 shares during the last quarter. Institutional investors and hedge funds own 74.75% of the company’s stock.

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 d├ęcors, holiday accessories, home organization products, pillows, pottery, vases, and window treatments.

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Analyst Recommendations for At Home Group (NYSE:HOME)

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