Arhaus, Inc. (NASDAQ:ARHS) Receives Average Rating of “Hold” from Analysts

Arhaus, Inc. (NASDAQ:ARHS) has been assigned a consensus rating of “Hold” from the fourteen ratings firms that are currently covering the stock, Marketbeat reports. Eleven investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month target price among brokers that have covered the stock in the last year is $11.1111.

A number of analysts recently commented on ARHS shares. Wall Street Zen cut Arhaus from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Telsey Advisory Group reiterated a “market perform” rating and set a $12.00 price target on shares of Arhaus in a report on Thursday, November 6th. Zacks Research lowered shares of Arhaus from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 7th. Weiss Ratings restated a “hold (c)” rating on shares of Arhaus in a research report on Monday, December 29th. Finally, Gordon Haskett initiated coverage on shares of Arhaus in a research note on Thursday, September 18th. They issued a “hold” rating and a $12.00 target price for the company.

Arhaus Trading Up 4.0%

Shares of Arhaus stock opened at $11.06 on Wednesday. The business has a 50 day moving average price of $10.43 and a 200 day moving average price of $10.41. The company has a market capitalization of $1.56 billion, a P/E ratio of 21.27, a P/E/G ratio of 5.49 and a beta of 2.51. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.34 and a quick ratio of 0.64. Arhaus has a 1 year low of $6.61 and a 1 year high of $13.02.

Arhaus (NASDAQ:ARHS) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.01. Arhaus had a return on equity of 19.62% and a net margin of 5.40%.The company had revenue of $344.57 million during the quarter, compared to the consensus estimate of $338.26 million. During the same quarter last year, the business posted $0.07 earnings per share. Arhaus’s revenue was up 8.0% compared to the same quarter last year. Sell-side analysts anticipate that Arhaus will post 0.46 EPS for the current fiscal year.

Hedge Funds Weigh In On Arhaus

Institutional investors have recently added to or reduced their stakes in the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Arhaus by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,478 shares of the company’s stock worth $265,000 after buying an additional 1,326 shares during the period. Millennium Management LLC lifted its holdings in shares of Arhaus by 83.8% during the 1st quarter. Millennium Management LLC now owns 696,690 shares of the company’s stock worth $6,061,000 after acquiring an additional 317,631 shares during the period. Goldman Sachs Group Inc. lifted its holdings in shares of Arhaus by 24.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 620,508 shares of the company’s stock worth $5,398,000 after acquiring an additional 120,314 shares during the period. Rhumbline Advisers boosted its position in shares of Arhaus by 3.2% in the first quarter. Rhumbline Advisers now owns 73,761 shares of the company’s stock worth $642,000 after acquiring an additional 2,255 shares during the last quarter. Finally, GAMMA Investing LLC grew its holdings in Arhaus by 185.1% in the second quarter. GAMMA Investing LLC now owns 3,150 shares of the company’s stock valued at $27,000 after purchasing an additional 2,045 shares during the period. 27.88% of the stock is currently owned by institutional investors and hedge funds.

Arhaus Company Profile

Arhaus (NASDAQ:ARHS) is a U.S.-based retailer specializing in high-end home furnishings and décor. Since its founding in 1986 in northeastern Ohio, the company has built a reputation for curating unique, design-forward products that blend contemporary aesthetics with artisanal craftsmanship. Headquartered in Boston Heights, Ohio, Arhaus operates a network of brick-and-mortar galleries across the United States alongside a robust e-commerce platform, serving customers from coastal metropolitan areas to interior regions.

The company’s product portfolio encompasses a wide range of furniture categories—including sofas, dining tables, bedroom pieces and storage solutions—complemented by lighting fixtures, rugs, pillows, wall art and decorative accessories.