Arhaus (NASDAQ:ARHS) Upgraded at Wall Street Zen

Arhaus (NASDAQ:ARHS) was upgraded by Wall Street Zen from a “sell” rating to a “hold” rating in a note issued to investors on Monday.

A number of other equities analysts have also recently issued reports on ARHS. Guggenheim cut their target price on shares of Arhaus from $14.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Robert W. Baird set a $8.00 target price on Arhaus in a report on Friday, May 8th. Jefferies Financial Group dropped their price target 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 cut their price target on Arhaus from $9.00 to $8.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Finally, Stifel Nicolaus reduced their price objective on Arhaus from $12.00 to $11.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Three analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. Based on data from MarketBeat, Arhaus currently has a consensus rating of “Hold” and a consensus target price of $9.58.

Arhaus Price Performance

Shares of NASDAQ:ARHS opened at $7.69 on Monday. The company’s fifty day moving average is $7.11 and its two-hundred day moving average is $8.09. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.46 and a current ratio of 1.25. Arhaus has a 1-year low of $5.57 and a 1-year high of $12.98. The stock has a market capitalization of $1.09 billion, a price-to-earnings ratio of 16.36, a price-to-earnings-growth ratio of 3.10 and a beta of 2.28.

Arhaus (NASDAQ:ARHS) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. Arhaus had a net margin of 4.67% and a return on equity of 16.39%. The business had revenue of $314.28 million during the quarter, compared to analyst estimates of $313.97 million. During the same period in the previous year, the business posted $0.03 EPS. The company’s quarterly revenue was up .9% on a year-over-year basis. Equities analysts anticipate that Arhaus will post 0.47 EPS for the current year.

Hedge Funds Weigh In On Arhaus

Hedge funds and other institutional investors have recently made changes to their positions in the business. Larson Financial Group LLC lifted its holdings 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 valued at $30,000 after buying an additional 1,315 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in Arhaus during the third quarter worth about $30,000. Global Retirement Partners LLC bought a new stake in Arhaus in the fourth quarter worth about $39,000. Fifth Third Bancorp bought a new stake in Arhaus in the first quarter worth about $40,000. Finally, New York State Teachers Retirement System acquired a new stake in Arhaus in the 4th quarter valued at about $52,000. 27.88% of the stock is currently owned by institutional investors and hedge funds.

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.