Arhaus (NASDAQ:ARHS) Shares Down 6.3% – Here’s Why

Arhaus, Inc. (NASDAQ:ARHS) was down 6.3% during trading on Monday . The stock traded as low as $8.22 and last traded at $8.0750. 46,933 shares changed hands during mid-day trading, a decline of 97% from the average session volume of 1,341,271 shares. The stock had previously closed at $8.62.

Analyst Ratings Changes

ARHS has been the topic of several recent research reports. Jefferies Financial Group lowered their target price on shares of Arhaus from $9.50 to $7.25 and set a “hold” rating on the stock in a research note on Tuesday, April 7th. Guggenheim reduced their target price on shares of Arhaus from $14.00 to $12.00 and set a “buy” rating for the company in a research report on Friday, May 8th. TD Cowen decreased their price target on shares of Arhaus from $9.00 to $8.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Piper Sandler decreased their price target on shares of Arhaus from $11.00 to $8.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Finally, Stifel Nicolaus lowered their price target on shares of Arhaus from $12.00 to $11.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Three equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $9.58.

Arhaus Stock Performance

The stock has a market cap of $1.14 billion, a price-to-earnings ratio of 17.20, a PEG ratio of 3.47 and a beta of 2.28. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.25 and a quick ratio of 0.46. The firm has a fifty day moving average of $7.00 and a 200 day moving average of $8.35.

Arhaus (NASDAQ:ARHS) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.02 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.02. Arhaus had a return on equity of 16.39% and a net margin of 4.67%.The company had revenue of $314.28 million for the quarter, compared to analyst estimates of $313.97 million. During the same quarter in the previous year, the company posted $0.03 earnings per share. The firm’s revenue for the quarter was up .9% compared to the same quarter last year. As a group, sell-side analysts forecast that Arhaus, Inc. will post 0.47 EPS for the current year.

Institutional Investors Weigh In On Arhaus

Hedge funds have recently modified their holdings of the company. Larson Financial Group LLC raised its stake in Arhaus by 89.8% during 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. Caitong International Asset Management Co. Ltd acquired a new stake in shares of Arhaus during the 3rd quarter worth approximately $30,000. Global Retirement Partners LLC acquired a new stake in shares of Arhaus during the 4th quarter worth approximately $39,000. Fifth Third Bancorp acquired a new stake in shares of Arhaus during the 1st quarter worth approximately $40,000. Finally, New York State Teachers Retirement System purchased a new stake in shares of Arhaus during the 4th quarter valued at approximately $52,000. Hedge funds and other institutional investors own 27.88% of the company’s stock.

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.