BlackRock Fund Advisors has recently announced that it has increased stake in At Home Group Inc. (NYSE:HOME) by 3.53%. After grabbing 3.12 million shares, the institutional investor is now in possession of 0.11 million shares of the Consumer Cyclical Company. The new investment brought the stake of investor firm to 4.86% having worth around $38.73 million. Moreover, Brightlight Capital Management LP increased its share by 0.69 million to have a control over 1.82 million shares. And SSgA Funds Management, Inc. raised its holdings to 7004.0 shares by acquiring 1.37 million shares or 2.13% of the stake.
At Home Group Inc. (HOME) concluded trading on 08/27/20 at a closing price of $17.51, with 3.76 million shares of worth about $65.78 million changed hands on the day. Weekly performance of the stock remained negative as price took a plunge of -8.99% during that period and on Thursday the price saw a loss of about -7.06%. Currently the company’s common shares owned by public are about 64.13M shares, out of which, 52.50M shares are available for trading.
A deeper look into what the analysts at Wall Street are thinking about the price target of this stock provides us with the following: 9 analysts are covering the HOME stock and their offered price forecasts bring an average price target of $14.10. Over the next 12 months, analysts forecasted that the stock’s price could jump as high as $19.50 and could fall to a lowest price of $11.00. Analysts also issued an outlook of 2.80 for the At Home Group Inc. stock for next 12 months. The stock’s current price level is -24.18% below of average price target set by the analysts, while a dip to estimated low would result in loss of -59.18 for the stock. However, touching the estimated high of $19.50 would mean a gain of 10.21% for the stock.
According to filings with the U.S. Securities and Exchange Commission (SEC), insiders took part in trade of the company’s stock for 37 times over the past 12 months. They bought 2,226,916 shares in 21 of the transactions. In 16 selling transactions, insiders dumped 15,654 shares.
GMO Special Opportunities Fund, Vanguard Total Stock Market Index, and iShares Russell 2000 ETF are the top 3 mutual funds which are holding stakes in At Home Group Inc. GMO Special Opportunities Fund is currently holding 1.55 million shares of worth totaling $19.25 million. The company recently came selling -0.78 million shares which brought its stake up to 2.42% of the company’s outstanding shares. iShares Russell 2000 ETF, after selling 1.02 million shares, have now control over 1.59% of the stake in the company. It holds 47838.0 shares of worth $12.68 million.
At Home Group Inc. (NYSE: HOME) started trading at $18.88, above $0.04 from concluding price of the previous day. However, the stock finished the trading on the day at a closing price of $17.51, or with a loss of -7.06%. Stock saw a price change of -8.99% in past 5 days and over the past one month there was a price change of 85.49%. Year-to-date (YTD), HOME shares are showing a performance of 218.36% which increased to 171.47% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $1.20 but also hit the highest price of $19.79 during that period. While comparing its average daily trading volume of 3.89 million shares, we see that about 3.76 million changed hands on the day. The stock is currently trading 7.97% above its 20-day simple moving average (SMA20), while that difference is up 63.01% for SMA50 and it goes to 175.30% higher than SMA200.
BlackRock Fund Advisors acquired 3.12 million shares of At Home Group Inc. having value of about $38.73 million. Data submitted at the U.S SEC by BlackRock Fund Advisors revealed that the firm now holds 0.11 million shares in the company valued at close to $1860402.48, or have control over 3.53% stake in the company. Holding of mutual funds in the company is about 42.78% while other institutional holders and individual stake holders have control over 53.69% and 22.85% of the stake respectively.
The stock has a current market capitalization of $1.12B and its 3Y-monthly beta is at 2.82. It has posted earnings per share of -$9.30 in the same period. It has Quick Ratio of 0.20 while making debt-to-equity ratio of 2.71. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for HOME, volatility over the week remained 6.46% while standing at 8.03% over the month.
Analysts are in expectations that At Home Group Inc. (HOME) stock would likely to be making an EPS of $1.31 in the current quarter, while forecast for next quarter ESPS is $0.24 and it is $1.25 for next year. For the current quarter EPS, analysts have given the company a lowest target $1.25 which is $1.49 at the higher side of the target for the same. When we compare those targets with actual EPS, we find that company posted an EPS of $0.18 in the same quarter a year ago. Stock’s fiscal year EPS is expected to drop by -558.50% while it is estimated to decrease by -13.25% in next year. EPS is likely to shrink at an annualized rate of -14.60% for next 5-years, compared to annual growth of 15.67% made by the stock over the past 5-years.
Analysts at 9 brokerage firms have issued recommendations for the At Home Group Inc. (HOME)’s stock and average of those rates the stock at a “Moderate Buy” and assign it a score of 2.80. Out of those 9 Wall Street analysts, 1 recommended a “Buy” rating, while 8 were in favor recommending the stock as a “Hold” and 0 analyst recommended the stock as “Sell”.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by BofA Securities on July 31, 2020 offering a Buy rating for the stock and assigned a target price range of between $5 and $16.50 to it. Coverage by Guggenheim stated At Home Group Inc. (HOME) stock as a Neutral in their note to investors on March 25, 2020, suggesting a price target of for the stock. On January 21, 2020, KeyBanc Capital Markets Downgrade their recommendations, while on December 05, 2019, William Blair Downgrade their ratings for the stock with a price target of. Stock get an Underperform rating from BofA/Merrill on August 20, 2019.