TD Cowen Issues Pessimistic Forecast for Arhaus (NASDAQ:ARHS) Stock Price

Arhaus (NASDAQ:ARHS) had its price objective reduced by stock analysts at TD Cowen from $9.00 to $8.00 in a research note issued to investors on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. TD Cowen’s target price would indicate a potential upside of 29.55% from the stock’s previous close.

Several other analysts have also issued reports on ARHS. Stifel Nicolaus cut their price objective on Arhaus from $12.00 to $11.00 and set a “buy” rating for the company in a report on Monday. Robert W. Baird set a $8.00 price target on Arhaus in a report on Friday. Jefferies Financial Group dropped their price objective on Arhaus from $9.50 to $7.25 and set a “hold” rating on the stock in a report on Tuesday, April 7th. Telsey Advisory Group set a $8.00 target price on shares of Arhaus and gave the company a “market perform” rating in a research note on Friday. Finally, Guggenheim dropped their price target on shares of Arhaus from $14.00 to $12.00 and set a “buy” rating on the stock in a research note on Friday. Three investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $9.58.

Arhaus Stock Down 5.1%

Shares of ARHS traded down $0.34 during mid-day trading on Monday, reaching $6.18. The company’s stock had a trading volume of 1,191,400 shares, compared to its average volume of 1,311,951. The company has a market cap of $871.42 million, a price-to-earnings ratio of 13.14, a price-to-earnings-growth ratio of 1.37 and a beta of 2.40. The business has a fifty day moving average of $7.25 and a 200 day moving average of $9.26. The company has a quick ratio of 0.62, a current ratio of 1.37 and a debt-to-equity ratio of 0.13. Arhaus has a 1 year low of $6.05 and a 1 year high of $12.98.

Arhaus (NASDAQ:ARHS) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.02 EPS for the quarter, hitting analysts’ consensus estimates of $0.02. The firm had revenue of $314.28 million during the quarter, compared to analyst estimates of $313.97 million. Arhaus had a return on equity of 16.09% and a net margin of 4.67%.The business’s quarterly revenue was up .9% compared to the same quarter last year. During the same period last year, the company posted $0.03 EPS. As a group, analysts forecast that Arhaus will post 0.5 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Arhaus

A number of hedge funds have recently bought and sold shares of ARHS. Larson Financial Group LLC increased its stake 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 purchasing an additional 1,315 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Arhaus by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,478 shares of the company’s stock worth $265,000 after buying an additional 1,326 shares during the last quarter. Deutsche Bank AG boosted its position in shares of Arhaus by 4.6% in the fourth quarter. Deutsche Bank AG now owns 39,447 shares of the company’s stock valued at $442,000 after acquiring an additional 1,725 shares during the period. AlphaQuest LLC grew its stake in shares of Arhaus by 68.2% in the third quarter. AlphaQuest LLC now owns 4,741 shares of the company’s stock worth $50,000 after acquiring an additional 1,922 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. AG increased its position in Arhaus by 1.9% during the third quarter. B. Metzler seel. Sohn & Co. AG now owns 111,259 shares of the company’s stock worth $1,183,000 after acquiring an additional 2,070 shares during the period. 27.88% of the stock is currently owned by 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.