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

Shares of Arhaus, Inc. (NASDAQ:ARHS) have received a consensus recommendation of “Hold” from the ten ratings firms that are currently covering the firm, Marketbeat.com reports. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $9.5833.

ARHS has been the subject of a number of recent research reports. Stifel Nicolaus dropped their price objective on shares of Arhaus from $12.00 to $11.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Robert W. Baird set a $8.00 price objective on shares of Arhaus in a report on Friday, May 8th. Weiss Ratings reiterated a “hold (c-)” rating on shares of Arhaus in a research report on Wednesday, June 17th. Wall Street Zen raised shares of Arhaus from a “sell” rating to a “hold” rating in a research note on Monday, July 20th. Finally, Piper Sandler dropped their price target on shares of Arhaus from $11.00 to $8.00 and set a “neutral” rating for the company in a research report on Monday, May 11th.

Institutional Investors Weigh In On Arhaus

Large investors have recently modified their holdings of the stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in shares of Arhaus by 4.5% in the 1st 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 in the last quarter. Millennium Management LLC boosted its stake in Arhaus by 83.8% in the 1st quarter. Millennium Management LLC now owns 696,690 shares of the company’s stock valued at $6,061,000 after buying an additional 317,631 shares in the last quarter. Goldman Sachs Group Inc. boosted its stake in Arhaus by 24.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 620,508 shares of the company’s stock valued at $5,398,000 after buying an additional 120,314 shares in the last quarter. Hsbc Holdings PLC grew its position in Arhaus by 73.3% in the second quarter. Hsbc Holdings PLC now owns 35,299 shares of the company’s stock valued at $308,000 after acquiring an additional 14,927 shares during the period. Finally, Quantbot Technologies LP bought a new stake in Arhaus in the second quarter valued at $424,000. 27.88% of the stock is currently owned by institutional investors.

Arhaus Stock Performance

ARHS opened at $7.91 on Friday. The stock’s 50 day simple moving average is $7.27 and its 200-day simple moving average is $7.98. The company has a current ratio of 1.25, a quick ratio of 0.46 and a debt-to-equity ratio of 0.14. The stock has a market cap of $1.12 billion, a PE ratio of 16.83, a P/E/G ratio of 3.19 and a beta of 2.28. Arhaus has a 1 year low of $5.57 and a 1 year high of $12.98.

Arhaus (NASDAQ:ARHS) 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. Arhaus had a return on equity of 16.39% and a net margin of 4.67%.The firm had revenue of $314.28 million during the quarter, compared to analysts’ expectations of $313.97 million. During the same period last year, the business earned $0.03 earnings per share. Arhaus’s quarterly revenue was up .9% compared to the same quarter last year. Sell-side analysts forecast that Arhaus will post 0.47 EPS for the current year.

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.