Arhaus (NASDAQ:ARHS) Stock Rating Upgraded by Wall Street Zen

Arhaus (NASDAQ:ARHS) was upgraded by equities research analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research report issued on Saturday.

A number of other brokerages have also weighed in on ARHS. Jefferies Financial Group decreased their price target on shares of Arhaus from $9.50 to $7.25 and set a “hold” rating on the stock in a research note on Tuesday, April 7th. Robert W. Baird set a $8.00 price target on shares of Arhaus in a research note on Friday, May 8th. TD Cowen decreased their price target on shares of Arhaus from $9.00 to $8.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Piper Sandler decreased their price target on shares of Arhaus from $11.00 to $8.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Finally, Telsey Advisory Group set a $8.00 price target on shares of Arhaus and gave the company a “market perform” rating in a research note on Friday, May 8th. Three equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $9.58.

Arhaus Stock Down 4.7%

ARHS opened at $6.33 on Friday. The company has a market cap of $895.95 million, a PE ratio of 13.47, a price-to-earnings-growth ratio of 1.48 and a beta of 2.33. Arhaus has a twelve month low of $5.57 and a twelve month high of $12.98. The company has a 50-day moving average price of $6.75 and a 200 day moving average price of $8.73. The company has a quick ratio of 0.46, a current ratio of 1.25 and a debt-to-equity ratio of 0.14.

Arhaus (NASDAQ:ARHS) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.02 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.02. The firm had revenue of $314.28 million for the quarter, compared to analyst estimates of $313.97 million. Arhaus had a net margin of 4.67% and a return on equity of 16.39%. Arhaus’s quarterly revenue was up .9% compared to the same quarter last year. During the same period last year, the company posted $0.03 EPS. Sell-side analysts expect that Arhaus will post 0.47 earnings per share for the current fiscal year.

Institutional Trading of Arhaus

A number of hedge funds have recently bought and sold shares of the business. Bank of America Corp DE raised its holdings in Arhaus by 2.1% in the 1st quarter. Bank of America Corp DE now owns 2,337,340 shares of the company’s stock valued at $15,847,000 after acquiring an additional 49,036 shares during the last quarter. Quantinno Capital Management LP raised its holdings in Arhaus by 151.7% in the 1st quarter. Quantinno Capital Management LP now owns 57,595 shares of the company’s stock valued at $390,000 after acquiring an additional 34,714 shares during the last quarter. Punch & Associates Investment Management Inc. raised its holdings in Arhaus by 2.1% in the 1st quarter. Punch & Associates Investment Management Inc. now owns 1,115,665 shares of the company’s stock valued at $7,564,000 after acquiring an additional 22,580 shares during the last quarter. Entropy Technologies LP raised its holdings in Arhaus by 7.0% in the 1st quarter. Entropy Technologies LP now owns 31,451 shares of the company’s stock valued at $213,000 after acquiring an additional 2,049 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its holdings in Arhaus by 95.1% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 459,025 shares of the company’s stock valued at $3,112,000 after acquiring an additional 223,692 shares during the last quarter. Institutional investors and hedge funds own 27.88% of the company’s stock.

About Arhaus

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.