Arhaus, Inc. (NASDAQ:ARHS) Receives $11.19 Average Target Price from Analysts

Arhaus, Inc. (NASDAQ:ARHS) has been given an average rating of “Hold” by the twelve ratings firms that are currently covering the stock, Marketbeat Ratings reports. Nine research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $11.1875.

ARHS has been the subject of several recent research reports. Wall Street Zen lowered Arhaus from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Weiss Ratings reiterated a “hold (c)” rating on shares of Arhaus in a research report on Monday, December 29th. Telsey Advisory Group reissued a “market perform” rating and issued a $12.00 price target on shares of Arhaus in a research report on Thursday, November 6th. Zacks Research cut shares of Arhaus from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Finally, Morgan Stanley lifted their price objective on shares of Arhaus from $10.50 to $12.00 and gave the company an “equal weight” rating in a research note on Thursday, January 15th.

Institutional Trading of Arhaus

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. State of Alaska Department of Revenue bought a new position in Arhaus in the 3rd quarter worth about $28,000. 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 worth $30,000 after buying an additional 1,315 shares in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Arhaus in the third quarter valued at approximately $30,000. GAMMA Investing LLC grew its stake in Arhaus by 185.1% during the second quarter. GAMMA Investing LLC now owns 3,150 shares of the company’s stock valued at $27,000 after acquiring an additional 2,045 shares in the last quarter. Finally, Johnson Investment Counsel Inc. purchased a new position in Arhaus during the third quarter valued at approximately $49,000. 27.88% of the stock is currently owned by institutional investors.

Arhaus Price Performance

Arhaus stock opened at $10.91 on Friday. The business’s 50 day simple moving average is $10.89 and its 200 day simple moving average is $10.65. Arhaus has a 12 month low of $6.61 and a 12 month high of $13.02. The company has a market cap of $1.54 billion, a price-to-earnings ratio of 20.98, a PEG ratio of 5.48 and a beta of 2.51. 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 released its earnings results on Thursday, November 6th. The company reported $0.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.08 by $0.01. Arhaus had a return on equity of 19.62% and a net margin of 5.40%.The business had revenue of $344.57 million during the quarter, compared to the consensus estimate of $338.26 million. During the same period last year, the business posted $0.07 earnings per share. The business’s revenue for the quarter was up 8.0% on a year-over-year basis. Sell-side analysts forecast that Arhaus will post 0.46 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.