About At Home Group Inc.
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 décor, holiday accessories, home organization, pillows, pottery, vases, and window treatments.
What's Happening With HOME
Home goods retailer At Home (HOME) reports third-quarter earnings December 4. The retailer is forecast to post earnings of 15 cents per share, up from 7 cents during the same period last year. HOME stock is down 9% on the year.
HOME was recently trading at $27.71 down $13.26 from its 12-month high and $3.56 above its 12-month low. InvestorsObserver’s Stock Score Report gives HOME a 49 long-term technical score and a 59 short-term technical score. The stock has recent support above $25 and recent resistance below $30. Of the 8 analysts who cover the stock 7 rate it Strong Buy, 1 rate it Buy, 0 rate it Hold, 0 rate it Sell, and 0 rate it Strong Sell, HOME gets a score of 69 from InvestorsObserver’s Stock Score Report.
HOME has lost ground over the last six months in sympathy to weakness in the overall housing market. Rising interest rates have spooked traders on housing stocks, and a lot of housing-related stocks such as At Home have lost ground as well. HOME enjoyed major gains after going public in 2017 but the stock’s fortunes began to reverse over the summer and shares are currently in the lower end of their 52-week range. The company has a good earnings track record and the street is expecting a one penny beat this quarter with a whisper number of 16 cents. Home Depot (HD) and Lowe’s (LOW) both rallied after recent earnings beats which is a bullish indicator for HOME. The stock trades at $27.71 with an average price target of $42.57.