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

Shares of Arhaus, Inc. (NASDAQ:ARHSGet Free Report) have earned a consensus rating of “Hold” from the ten research firms that are covering the company, Marketbeat Ratings reports. Seven research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $9.5833.

ARHS has been the subject of several analyst reports. Robert W. Baird set a $8.00 price target on Arhaus in a report on Friday, May 8th. Stifel Nicolaus cut their price objective on shares of Arhaus from $12.00 to $11.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Piper Sandler decreased their target price on shares of Arhaus from $11.00 to $8.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Jefferies Financial Group dropped their target price 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. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Arhaus in a report on Wednesday, June 17th.

Check Out Our Latest Stock Analysis on Arhaus

Arhaus Stock Performance

Arhaus stock opened at $8.42 on Wednesday. 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 company has a market capitalization of $1.19 billion, a P/E ratio of 17.92, a PEG ratio of 1.88 and a beta of 2.33. The stock’s 50 day moving average is $6.96 and its 200 day moving average is $8.40.

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

Institutional Trading of Arhaus

A number of institutional investors and hedge funds have recently modified their holdings of ARHS. Larson Financial Group LLC raised its stake in shares of Arhaus by 89.8% in the third quarter. Larson Financial Group LLC now owns 2,780 shares of the company’s stock worth $30,000 after purchasing an additional 1,315 shares during the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in shares of Arhaus during the third quarter valued at $30,000. Global Retirement Partners LLC purchased a new stake in shares of Arhaus during the fourth quarter valued at $39,000. New York State Teachers Retirement System bought a new stake in Arhaus in the 4th quarter worth about $52,000. Finally, Quarry LP increased its holdings in Arhaus by 203.0% in the 3rd quarter. Quarry LP now owns 4,996 shares of the company’s stock worth $53,000 after buying an additional 3,347 shares in the last quarter. Institutional investors own 27.88% of the company’s stock.

About Arhaus

(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.

Further Reading

Analyst Recommendations for Arhaus (NASDAQ:ARHS)

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