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Insider Buying Report: At Home Group Inc. [HOME]’s 10%, Sosin Clifford, Buys 200,000 Shares

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On Jan. 04, Sosin Clifford invested U.S. $3,136,540 in shares of At Home Group Inc.. The 10% acquired 200,000 shares at a cost per share of $15.68. The transaction increased this specific insider’s holdings to 10,633,735 shares worth around $185.03 million at present.

Craig Hallum launched its At Home Group Inc. [HOME] rating to the equivalent of a Buy, in a research note dated October 12, 2020. Some new analysts also started their coverage, with Craig Hallum’s analysts assigning the shares to “a Buy” rating in a research note to investors issued in mid October. Meanwhile, Wolfe Research had launched its coverage on HOME with “an Outperform”, in a research note produced for clients September 30, 2020. In addition, there was an upgrade from Monness Crespi & Hardt on September 08, 2020. The rater changed HOME from “a Neutral” to “a Buy”.

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Is At Home Group Inc. [NYSE:HOME] a Good Buy Right Now?

It should be noted that HOME technical indicators for short, intermediate as well as long term progress have placed an overall average of 48% as Buy. The average signal changed from 8% Sell in the last week and compares with 64% Buy in the past month. Data from At Home Group Inc.’s Trend Spotter indicated that the signals were Bearish. The stock current average is 2.43 million shares in the past 20 days and the short term average signal indicates a Hold. In the last 50 days, the average trading volume was 2.74 million shares while the medium term average advocated for 50% Buy. The average long-term signal stands at 100% Buy and the 100-day average volume stands at 3.04 million shares.

HOME Price Performance

On Wall Street, At Home Group Inc. [NYSE:HOME] finished Wednesday’s session up 4.88% at $17.40. The stock went up to $18.12 at the same session while its lowest single day price was $16.34. In the last five days, it saw a rise of about 14.85%, At Home Group Inc. shares gained by almost 12.55% since the beginning of the year. However, the share price has dropped to as low as -27.26% below its one year high. On 01/06/21, the company shares recorded $18.12, the highest single-day price it has got to in the last 52-weeks and a 52-week low was seen on 01/04/21, the same year at $15.23. The company’s shares have inclined by 211.83% in the past year. The 50-day SMA achieved is $16.54 while the 200-day SMA is $11.41. Volume gained to 3.46 million from 2.65 million in the previous session.

At Home Group Inc. [HOME] Valuation Measures

Notably, At Home Group Inc. [HOME] stock can be helpful for investors to consider historical price-sales ratio, more specifically, a 0.71 PS value ratio is reported for the last one year of reported earnings. That is lower than the industry average of 0.73.

HOME Stock Support And Resistance Levels

On the 24-hour scale, the immediate backing is perceived around 16.45 level, and in case of violation of this particular level, it will cause more drop to 15.51 level. On the upper level, 19.07 is still the key resistance. The stock may increase to the subsequent resistance at 18.23. The Relative Strength Index (RSI) pinned on the 14-day chart is 59.38, implying a neutral technical stance while the MACD stands at 0.65, meaning price will decrease in the next trading period. Percent R indicator moved to 21.95%, implying bullish price movement. Stochastic %K at 66.99% suggest holding the stock.

What is the short interest in At Home Group Inc.?

Short interest in the At Home Group Inc. stock has plunged, decreasing by -2.34 million shares to total 10.48 million shares on Dec 14, 2020. The interest had seen shares on Nov 12, 2020 stand at 8.14 million, data from Yahoo Finance shows. The increase of 22.33% suggests the stock saw some increased bearish sentiment. The stock’s days to cover (short ratio) moved to while the shorted shares account for just 23.85% of the overall float for the stock.

At Home Group Inc.’s Biggest Shareholders: Who Owns At Home Group Inc. [HOME]?

Filings by CAS Investment Partners LLC showed that the firm now holds a total of 10,433,735 shares or roughly 16.23% of the outstanding HOME shares. This means their shares have reduced by 0 from the 10,433,735 the investor reportedly held in its prior 13-F filing. With the conclusion of the sale, North Peak Capital Management LLC updated stake is worth $83,029,267. Details in the latest 13F filings reveal that The Vanguard Group, Inc. acquired their 12.94% stake valued at $78,769,130 while BlackRock Fund Advisors added theirs at $64,691,672. During the last quarter, The Vanguard Group, Inc. raised 476,650 of its shares in At Home Group Inc. while BlackRock Fund Advisors bought 297,400 shares. The Fidelity’s holdings currently number 2,570,705 shares at $44730267.0. According to the firm’s last 13F report, Dimensional Fund Advisors LP shares in the company at filing stood at 2,228,955 shares, roughly $42,216,408.

HOME Earnings Forecast For The Current Quarter

At Home Group Inc. [HOME] is expected to report strong earnings results for the quarter ending on Jan 2021. Consensus estimates give the company expected revenues of $499.53M and an earnings per share of $0.58 for Jan 2021. Looking further ahead, the company is expected to report revenue of $348.8M at an EPS of $0.21 for Apr 2021. The estimates represent upside of -1.90% and -28.76% in the company’s revenue and earnings per share, respectively, on a year-on-year basis.

HOME Earnings Estimates For The Current Year

For the financial year, At Home Group Inc. [NYSE:HOME] is expected to bring in revenue of $1.68B. The returns are nearly $310.0 million higher than the company’s actual revenue recorded in the fiscal year 2020. In terms of EPS for the 2021, estimate put it at 2.13, higher than that of FY20 by $1.56. Estimates put this year’s earnings growth at 273.70%, -28.60% for the next, and at an annual 24.30% over the next 5-year period. As for sales, forecasts are for an increase of 22.70% in the current fiscal year and a further -1.90% over the following year.

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What are analyst thoughts on At Home Group Inc.?

Looking forward to the At Home Group Inc. share price prediction, we can see that analysts, surveyed by FactSet, offer the mean price target for At Home Group Inc. stock at $19.50 within the next 12 months, which represents almost 10.77 per cent growth from its previous closing price of $17.40. The highest analysts’ target for At Home Group Inc. stock projections is $30.00 and the lowest one is $18.00. Still, 11 analysts sharing their consensus rating for HOME stock in 2021 agree that it is an Overweight.