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

Arhaus (NASDAQ:ARHSGet Free Report) was upgraded by stock analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a report issued on Monday.

Several other brokerages also recently commented on ARHS. Weiss Ratings reissued a “hold (c-)” rating on shares of Arhaus in a research note on Wednesday. Jefferies Financial Group lowered their target price on Arhaus from $9.50 to $7.25 and set a “hold” rating for the company in a report on Tuesday, April 7th. Robert W. Baird set a $8.00 target price on Arhaus in a research report on Friday, May 8th. Telsey Advisory Group set a $8.00 price target on Arhaus and gave the company a “market perform” rating in a research note on Friday, May 8th. Finally, Stifel Nicolaus reduced their price target on Arhaus from $12.00 to $11.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Three investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $9.58.

Read Our Latest Report on Arhaus

Arhaus Stock Performance

NASDAQ:ARHS opened at $7.26 on Monday. Arhaus has a twelve month low of $5.57 and a twelve month high of $12.98. The company has a quick ratio of 0.46, a current ratio of 1.25 and a debt-to-equity ratio of 0.14. The stock’s 50-day simple moving average is $6.84 and its 200 day simple moving average is $8.54. The firm has a market capitalization of $1.03 billion, a PE ratio of 15.45, a price-to-earnings-growth ratio of 1.62 and a beta of 2.33.

Arhaus (NASDAQ:ARHSGet Free Report) last issued its earnings results on Thursday, May 7th. The company reported $0.02 EPS for the quarter, hitting the consensus estimate of $0.02. The firm had revenue of $314.28 million during the quarter, compared to the consensus estimate of $313.97 million. Arhaus had a return on equity of 16.39% and a net margin of 4.67%.The business’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.03 earnings per share. On average, analysts anticipate that Arhaus will post 0.47 EPS for the current fiscal year.

Institutional Trading of Arhaus

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Larson Financial Group LLC boosted its stake in Arhaus by 89.8% during the third quarter. Larson Financial Group LLC now owns 2,780 shares of the company’s stock worth $30,000 after acquiring an additional 1,315 shares in the last quarter. Caitong International Asset Management Co. Ltd acquired a new position in shares of Arhaus during the third quarter valued at about $30,000. Global Retirement Partners LLC acquired a new position in shares of Arhaus during the fourth quarter valued at about $39,000. Fifth Third Bancorp bought a new position in shares of Arhaus during the 1st quarter worth about $40,000. Finally, New York State Teachers Retirement System bought a new position in shares of Arhaus during the 4th quarter worth about $52,000. Institutional investors and hedge funds own 27.88% of the company’s stock.

Arhaus Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Arhaus (NASDAQ:ARHS)

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