At Home Group (NYSE:HOME) Given a $6.00 Price Target at Buckingham Research
Buckingham Research set a $6.00 target price on At Home Group (NYSE:HOME) in a report released on Tuesday, TipRanks reports. The brokerage currently has a sell rating on the financial services provider’s stock.
A number of other analysts also recently commented on HOME. Bank of America set a $6.00 price target on shares of At Home Group and gave the stock a sell rating in a research report on Thursday, September 5th. Monness Crespi & Hardt reiterated a buy rating and issued a $10.00 price target (down from $30.00) on shares of At Home Group in a research report on Friday, June 7th. Morgan Stanley cut their price target on shares of At Home Group from $8.00 to $6.00 and set an equal weight rating for the company in a report on Friday, September 6th. ValuEngine lowered shares of At Home Group from a hold rating to a sell rating in a research report on Monday, June 3rd. Finally, Wells Fargo & Co reduced their price objective on shares of At Home Group from $9.00 to $6.00 and set a market perform rating for the company in a research report on Thursday, September 5th. Three equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have issued a buy rating to the company. The company currently has an average rating of Hold and an average target price of $15.58.
NYSE HOME traded up $0.45 on Tuesday, hitting $9.01. 6,739,183 shares of the stock traded hands, compared to its average volume of 2,801,408. The company has a current ratio of 0.80, a quick ratio of 0.07 and a debt-to-equity ratio of 1.71. The stock has a 50-day moving average of $6.00 and a 200 day moving average of $14.35. At Home Group has a twelve month low of $4.58 and a twelve month high of $33.97. The company has a market capitalization of $510.06 million, a P/E ratio of 12.18, a price-to-earnings-growth ratio of 0.67 and a beta of 1.23.
In other news, Director Philip L. Francis bought 21,125 shares of the company’s stock in a transaction dated Monday, September 9th. The shares were acquired at an average cost of $7.84 per share, with a total value of $165,620.00. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, major shareholder Clifford Sosin bought 43,044 shares of the company’s stock in a transaction dated Monday, August 26th. The stock was purchased at an average cost of $5.92 per share, for a total transaction of $254,820.48. The disclosure for this purchase can be found here. Insiders have bought 1,222,324 shares of company stock worth $7,055,257 over the last ninety days. 9.25% of the stock is owned by insiders.
Large investors have recently modified their holdings of the stock. Dimensional Fund Advisors LP raised its position in At Home Group by 33.5% during the fourth quarter. Dimensional Fund Advisors LP now owns 960,560 shares of the financial services provider’s stock valued at $17,924,000 after buying an additional 241,273 shares during the period. BNP Paribas Arbitrage SA grew its stake in 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 valued at $181,000 after acquiring an additional 9,276 shares in the last quarter. SG Americas Securities LLC purchased a new position in At Home Group during the 1st quarter valued at about $252,000. Frontier Capital Management Co. LLC acquired a new position in shares of At Home Group in the 1st quarter valued at about $5,261,000. Finally, Laurion Capital Management LP acquired a new position in shares of At Home Group in the 1st quarter valued at about $645,000. Institutional investors and hedge funds own 68.87% 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 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.
Further Reading: Recession
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