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At Home Group Inc

Consumer


Presented:05/17/2018
Price:$35.99
Cap:$2.34B
Current Price:$36.99
Cap:$2.37B

Presented

Date05/17/2018
Price$35.99
Market Cap$2.34B
Ent Value$2.66B
P/E Ratio71.98x
Book Value$9.62
Div Yield0%
Shares O/S65.04M
Ave Daily Vol580,089
Short Int24.25%

Current

Price$36.99
Market Cap$2.37B
At Home Group, Inc. operates home decor superstores. Its products include accent furniture, bar stools, bedding and bath products, beds and mattresses, candles, Christmas decoration, consumables, Easter decorations, floor plants and trees, food preparation items, frames, garden decor, Halloween decorations, home organization, kitchenware, lamps, mirrors, patio, pet items, pillows and cushions, pottery, rugs and mats, sculptures, silk flowers, sofas, stands, storage, tables, vases, wall art, and window treatments. The company was founded in 1979 and is headquartered in Plano, TX.

Publicly traded companies mentioned herein: At Home Group Inc (HOME), Bed Bath & Beyond Inc (BBBY), Five Below Inc (FIVE), The Home Depot Inc (HD), Lowe’s Cos Inc (LOW), National Vision Holdings Inc (EYE), Ollie’s Bargain Outlet Holdings Inc (OLLI), Sears Holding Co (SHLD), Target Corp (TGT), Walmart Inc (WMT), Wayfair Inc (W), Williams-Sonoma Inc (WSM)

Highlights

The presenter is long shares of At Home Group (HOME) and feels it is one of the better growth names in retail, with high teen store growth, and improving comp trends from low-single to mid-single digits. HOME is a low priced big box retail chain in the home goods space, with prices ~30-50% below competitors like Walmart, Wayfair, and Target. The presenter is forecasting EPS of $1.80 next year, ahead of consensus $1.50, using the current 30x multiple, he sees the stock moving to $50 over the next 9-12 months, or 40% upside from current levels.

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Idea Discussion

Commentor 1 - 2 weeks ago

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