Arhaus (NASDAQ:ARHS) Cut to “Sell” at Wall Street Zen

Arhaus (NASDAQ:ARHS) was downgraded by research analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Sunday.

A number of other equities research analysts have also commented on the company. Stifel Nicolaus dropped their target price on Arhaus from $12.00 to $11.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Guggenheim dropped their target price on Arhaus from $14.00 to $12.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Jefferies Financial Group dropped their target price on Arhaus from $9.50 to $7.25 and set a “hold” rating on the stock in a research report on Tuesday, April 7th. TD Cowen dropped their target price on Arhaus from $9.00 to $8.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Finally, Piper Sandler dropped their target price on Arhaus from $11.00 to $8.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th. Three investment analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company’s stock. According to data from MarketBeat, Arhaus currently has a consensus rating of “Hold” and an average target price of $9.58.

Arhaus Price Performance

Shares of NASDAQ ARHS opened at $7.17 on Friday. The business’s 50 day moving average price is $6.76 and its 200 day moving average price is $8.65. The firm has a market cap of $1.01 billion, a P/E ratio of 15.26, a P/E/G ratio of 1.60 and a beta of 2.33. Arhaus has a 52 week low of $5.57 and a 52 week 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.

Arhaus (NASDAQ:ARHS) last issued its earnings results on Thursday, May 7th. The company reported $0.02 EPS 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 return on equity of 16.39% and a net margin of 4.67%.Arhaus’s revenue for the quarter was up .9% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.03 earnings per share. On average, sell-side analysts expect that Arhaus will post 0.47 earnings per share for the current year.

Institutional Investors Weigh In On Arhaus

Several hedge funds have recently bought and sold shares of the stock. Wasatch Advisors LP boosted its position in Arhaus by 6.8% in the 2nd quarter. Wasatch Advisors LP now owns 12,703,259 shares of the company’s stock worth $110,137,000 after purchasing an additional 811,337 shares in the last quarter. Vanguard Group Inc. boosted its position in Arhaus by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 5,143,024 shares of the company’s stock worth $57,653,000 after purchasing an additional 72,346 shares in the last quarter. Bank of America Corp DE boosted its position in Arhaus by 9.4% in the 2nd quarter. Bank of America Corp DE now owns 3,213,288 shares of the company’s stock worth $27,859,000 after purchasing an additional 275,835 shares in the last quarter. Renaissance Technologies LLC boosted its position in Arhaus by 10.7% in the 4th quarter. Renaissance Technologies LLC now owns 1,754,000 shares of the company’s stock worth $19,662,000 after purchasing an additional 169,200 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its position in Arhaus by 18.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,179,268 shares of the company’s stock worth $7,994,000 after purchasing an additional 185,208 shares in the last quarter. Hedge funds and other institutional investors own 27.88% of the company’s stock.

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.