Arhaus (NASDAQ:ARHS) Shares Down 6.1% – Here’s Why

Arhaus, Inc. (NASDAQ:ARHS) shares were down 6.1% during trading on Monday . The stock traded as low as $10.76 and last traded at $10.6640. Approximately 1,169,379 shares changed hands during trading, an increase of 10% from the average daily volume of 1,063,018 shares. The stock had previously closed at $11.36.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on ARHS shares. Telsey Advisory Group reaffirmed a “market perform” rating and set a $12.00 target price on shares of Arhaus in a research report on Thursday, November 6th. Weiss Ratings restated a “hold (c)” rating on shares of Arhaus in a research note on Monday, December 29th. Gordon Haskett started coverage on shares of Arhaus in a research report on Thursday, September 18th. They issued a “hold” rating and a $12.00 price objective for the company. Zacks Research cut shares of Arhaus from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Finally, Wall Street Zen lowered shares of Arhaus from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Three analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. Based on data from MarketBeat, Arhaus currently has a consensus rating of “Hold” and an average target price of $11.11.

Arhaus Price Performance

The firm has a market capitalization of $1.50 billion, a PE ratio of 20.44, a P/E/G ratio of 5.87 and a beta of 2.51. The firm’s fifty day moving average price is $10.42 and its 200 day moving average price is $10.37. The company has a current ratio of 1.34, a quick ratio of 0.64 and a debt-to-equity ratio of 0.13.

Arhaus (NASDAQ:ARHS) last posted its earnings results on Thursday, November 6th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.01. The company had revenue of $344.57 million during the quarter, compared to the consensus estimate of $338.26 million. Arhaus had a net margin of 5.40% and a return on equity of 19.62%. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the previous year, the firm posted $0.07 earnings per share. As a group, equities analysts forecast that Arhaus, Inc. will post 0.46 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the stock. Voya Investment Management LLC increased its holdings in Arhaus by 10,207.1% in the third quarter. Voya Investment Management LLC now owns 1,512,367 shares of the company’s stock valued at $16,076,000 after buying an additional 1,497,694 shares in the last quarter. Goldman Sachs Group Inc. grew its position in shares of Arhaus by 24.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 620,508 shares of the company’s stock valued at $5,398,000 after acquiring an additional 120,314 shares during the period. Eisler Capital Management Ltd. purchased a new position in shares of Arhaus in the 2nd quarter valued at about $562,000. EFG Asset Management North America Corp. increased its stake in shares of Arhaus by 59.1% in the 2nd quarter. EFG Asset Management North America Corp. now owns 328,090 shares of the company’s stock valued at $2,846,000 after purchasing an additional 121,915 shares in the last quarter. Finally, GAMMA Investing LLC raised its holdings in Arhaus by 185.1% in the 2nd quarter. GAMMA Investing LLC now owns 3,150 shares of the company’s stock worth $27,000 after purchasing an additional 2,045 shares during the period. 27.88% of the stock is currently owned by hedge funds and other institutional investors.

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.