At Home Group Inc’s (HOME) Quiet Period Will End on September 13th
At Home Group’s (NASDAQ:HOME) quiet period will end on Tuesday, September 13th. At Home Group had issued 8,667,000 shares in its public offering on August 4th. The total size of the offering was $130,005,000 based on an initial share price of $15.00. During the company’s quiet period, insiders and underwriters that worked on the IPO are restricted from issuing any earnings forecasts or research reports for the company because of SEC regulations. Following the end of the company’s quiet period, it’s expected that the brokerages that served as underwriters on the stock will initiate research coverage on the company.
HOME has been the topic of several recent research reports. William Blair initiated coverage on At Home Group in a research note on Monday, August 29th. They issued an “outperform” rating on the stock. Jefferies Group initiated coverage on At Home Group in a research report on Monday, August 29th. They issued a “buy” rating and a $20.00 price objective on the stock. Goldman Sachs Group initiated coverage on At Home Group in a research report on Monday, August 29th. They issued a “neutral” rating and a $17.00 price objective on the stock. Morgan Stanley initiated coverage on At Home Group in a research report on Monday, August 29th. They issued an “equal weight” rating and a $17.00 price objective on the stock. Finally, Bank of America Corp. initiated coverage on At Home Group in a research report on Tuesday, August 30th. They issued a “buy” rating on the stock. Three investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the stock. At Home Group currently has a consensus rating of “Buy” and a consensus price target of $20.75.
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At Home Group (NASDAQ:HOME) opened at 15.37 on Tuesday. The company has a market capitalization of $6.09 million and a PE ratio of 0.68. At Home Group has a 12-month low of $14.49 and a 12-month high of $17.02. The stock’s 50 day moving average price is $15.45 and its 200 day moving average price is $15.45.
At Home Group Inc is a home decor superstore. The Company’s product offering includes accent furniture, frames, bar stools, garden decor, rugs and mats, bedding and bath products, Halloween decorations, sculptures, beds and mattresses, harvest decorations, silk flowers, candles, home organization, sofas, chairs, kitchenware, stands, Christmas decorations, lamps, storage, consumables, mirrors, tables, Easter decorations, patio, vases, floor plants and trees, pet items, wall art, food preparation items, pillows and cushions, and window treatments.
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