Arhaus (NASDAQ:ARHS) Sets New 12-Month Low – Here’s What Happened

Arhaus, Inc. (NASDAQ:ARHSGet Free Report)’s share price reached a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $6.56 and last traded at $6.6360, with a volume of 144650 shares traded. The stock had previously closed at $6.84.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. TD Cowen dropped their price target on shares of Arhaus from $13.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, February 27th. Telsey Advisory Group increased their price objective on Arhaus from $12.00 to $13.00 and gave the stock a “market perform” rating in a research report on Thursday, February 26th. Jefferies Financial Group restated a “hold” rating and issued a $9.50 target price on shares of Arhaus in a research report on Thursday, February 26th. Morgan Stanley lifted their price target on shares of Arhaus from $10.50 to $12.00 and gave the company an “equal weight” rating in a research report on Thursday, January 15th. Finally, Stifel Nicolaus set a $12.00 target price on Arhaus in a research note on Monday, March 2nd. Three analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $11.00.

Read Our Latest Analysis on ARHS

Arhaus Stock Down 3.4%

The firm has a market cap of $932.10 million, a PE ratio of 13.76, a price-to-earnings-growth ratio of 1.41 and a beta of 2.54. The company has a quick ratio of 0.62, a current ratio of 1.37 and a debt-to-equity ratio of 0.13. The business has a 50-day moving average price of $9.14 and a two-hundred day moving average price of $10.07.

Arhaus (NASDAQ:ARHSGet Free Report) last released its earnings results on Thursday, February 26th. The company reported $0.11 EPS for the quarter, topping the consensus estimate of $0.10 by $0.01. Arhaus had a return on equity of 17.32% and a net margin of 4.88%.The firm had revenue of $364.85 million during the quarter, compared to analysts’ expectations of $351.53 million. During the same period in the previous year, the firm posted $0.15 EPS. Arhaus’s revenue for the quarter was up 5.1% on a year-over-year basis. On average, equities research analysts expect that Arhaus, Inc. will post 0.46 EPS for the current year.

Arhaus Announces Dividend

The business also recently disclosed a special dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 18th will be given a dividend of $0.35 per share. The ex-dividend date of this dividend is Wednesday, March 18th.

Institutional Inflows and Outflows

Institutional investors have recently added to or reduced their stakes in the company. Voya Investment Management LLC increased its position in shares of Arhaus by 10,207.1% in the 3rd quarter. Voya Investment Management LLC now owns 1,512,367 shares of the company’s stock valued at $16,076,000 after purchasing an additional 1,497,694 shares during the last quarter. Y Intercept Hong Kong Ltd acquired a new stake in shares of Arhaus during the 3rd quarter worth about $2,396,000. Eisler Capital Management Ltd. acquired a new stake in shares of Arhaus during the 2nd quarter worth about $562,000. JPMorgan Chase & Co. lifted its stake in Arhaus by 4.0% during the second quarter. JPMorgan Chase & Co. now owns 2,548,946 shares of the company’s stock worth $22,099,000 after purchasing an additional 97,149 shares during the last quarter. Finally, CenterBook Partners LP boosted its holdings in Arhaus by 207.9% in the third quarter. CenterBook Partners LP now owns 1,056,367 shares of the company’s stock valued at $11,229,000 after purchasing an additional 713,324 shares in the last quarter. Hedge funds and other 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

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