Can This Home Furnishing Stock Stay Hot in 2021?

HOME traded as low as $1.20 a year ago

facebook X logo linkedin

Home decor retailer At Home Group Inc. (NYSE:HOME) has experienced incredible growth over the past year. At Home Group stock hit a three-year high of $31.60 earlier today, and is up a jaw-dropping 2400% from its March 18 bottom of $1.20. Along the channel of higher highs carved out by HOME, the shares' 40-day moving average has contained pullbacks in 2021. 

The company steps into the earnings confessional after the market closes on Tuesday, March 23. It will be hoping to reverse its recent ugly history of post-earnings drops. The stock averages a negative post-earnings move of 22.3% in the last eight quarters, including a 26% plummet back in September. In fact, December's post-earnings gain of 1% was its only positive move in the last eight quarters.

HOME Stock Chart

From a fundamental perspective, At Home Group stock doesn’t offer much security but it does have key factors that make it an interesting speculative play. Aside from the company claiming that it has potential to expand to 600 stores over time, At Home Group also had an impressive growth rate prior to the pandemic. In the span of two years, the retailer grew revenues by more than $300 million. In the past 12 months alone HOME has seen its top line decrease by about $1 million, bringing its revenues total to $1.25 billion. However, that figure is expected to increase to $1.7 billion for fiscal 2021, which would be a massive 36% increase.

On the bottom-line, things aren’t looking quite as promising with net income decreasing by $636 million since fiscal 2019. At Home Group's net losses in the past 12 months total $587 million. The company also has a relatively unsightly balance sheet. At Home Group's total debt currently stands at $1.71 billion, which heavily outweighs its cash balance of $33.86 million, making HOME definitely one of the riskier growth investments at this time.


Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on calls
238.5% GAIN on Oracle calls



Rainmaker Ads CGI