Telsey Advisory Group Cuts Arhaus (NASDAQ:ARHS) Price Target to $9.00

Arhaus (NASDAQ:ARHS) had its price objective lowered by equities researchers at Telsey Advisory Group from $11.00 to $9.00 in a note issued to investors on Monday. The brokerage currently has a “market perform” rating on the stock. Telsey Advisory Group’s target price points to a potential upside of 18.73% from the stock’s current price.

Several other equities research analysts also recently weighed in on ARHS. Jefferies Financial Group cut their price target on Arhaus from $9.50 to $7.25 and set a “hold” rating on the stock in a report on Tuesday, April 7th. Morgan Stanley raised their target price on Arhaus from $10.50 to $12.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 15th. Stifel Nicolaus set a $12.00 target price on Arhaus in a research report on Monday, March 2nd. Finally, TD Cowen cut their target price on Arhaus from $12.00 to $9.00 and set a “buy” rating on the stock in a research report on Monday, March 30th. Three research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. Based on data from MarketBeat, Arhaus currently has an average rating of “Hold” and a consensus price target of $10.25.

Arhaus Price Performance

Shares of NASDAQ ARHS opened at $7.58 on Monday. The stock’s 50-day moving average is $7.34 and its two-hundred day moving average is $9.33. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.37 and a quick ratio of 0.62. Arhaus has a 1-year low of $6.17 and a 1-year high of $12.98. The company has a market cap of $1.07 billion, a price-to-earnings ratio of 15.79, a price-to-earnings-growth ratio of 1.57 and a beta of 2.40.

Arhaus (NASDAQ:ARHS) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.11 earnings per share 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 company had revenue of $364.85 million for the quarter, compared to the consensus estimate of $351.53 million. During the same quarter in the prior year, the business earned $0.15 EPS. Arhaus’s revenue was up 5.1% on a year-over-year basis. Analysts forecast that Arhaus will post 0.51 EPS for the current fiscal year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. State of Alaska Department of Revenue purchased a new position in Arhaus during the 3rd quarter worth $28,000. Larson Financial Group LLC grew its position in Arhaus by 89.8% during the 3rd 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 position in Arhaus during the 3rd quarter worth $30,000. Global Retirement Partners LLC purchased a new position in Arhaus during the 4th quarter worth $39,000. Finally, Fifth Third Bancorp purchased a new position in Arhaus during the 1st quarter worth $40,000. 27.88% of the stock is 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.