Shares of $HOME have gotten hammered due to the Trump China trade war.
Tariff and inventory headwinds have hit At Home this year, with shares peeling off about 70% over the last 90 days.
We see the stock as a speculative value play more than anything and a possible takeover candidate.
$HOME is trading at just 10x earnings and 0.52x book value.
At Home Group Inc. operates home decor superstores in the United States. The company’s stores offer home furnishings, including accent furniture, furniture, mirrors, patio cushions, rugs, and wall art; and accent décor, such as artificial flowers and trees, bath, bedding, candles, garden and outdoor décor, holiday accessories, home organization, pillows, pottery, vases, and window treatments. As of August 21, 2019, it operated 205 stores in 39 states. The company was founded in 1979 and is headquartered in Plano, Texas.
As always, use protective stops and good luck to all!
Tariff and inventory headwinds have hit At Home this year, with shares peeling off about 70% over the last 90 days.
We see the stock as a speculative value play more than anything and a possible takeover candidate.
$HOME is trading at just 10x earnings and 0.52x book value.
At Home Group Inc. operates home decor superstores in the United States. The company’s stores offer home furnishings, including accent furniture, furniture, mirrors, patio cushions, rugs, and wall art; and accent décor, such as artificial flowers and trees, bath, bedding, candles, garden and outdoor décor, holiday accessories, home organization, pillows, pottery, vases, and window treatments. As of August 21, 2019, it operated 205 stores in 39 states. The company was founded in 1979 and is headquartered in Plano, Texas.
As always, use protective stops and good luck to all!
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We are not financial advisors. Always conduct your own research and read our full disclaimer at insiderfinancial.com/disclaimer/