Arhaus, Inc. (NASDAQ:ARHS) Receives $10.12 Average PT from Analysts

Shares of Arhaus, Inc. (NASDAQ:ARHSGet Free Report) have been assigned a consensus recommendation of “Hold” from the eleven ratings firms that are presently covering the company, Marketbeat reports. Seven analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $10.1250.

ARHS has been the subject of a number of recent research reports. Morgan Stanley increased their price objective on Arhaus from $9.00 to $10.00 and gave the stock an “equal weight” rating in a research report on Friday, August 7th. TD Cowen cut their price target on Arhaus from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Guggenheim cut their price target on Arhaus from $14.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Piper Sandler increased their price target on Arhaus from $8.00 to $9.00 and gave the stock a “neutral” rating in a report on Friday, August 7th. Finally, Telsey Advisory Group lifted their price objective on shares of Arhaus from $8.00 to $10.00 and gave the company a “market perform” rating in a research report on Friday, August 7th.

Check Out Our Latest Stock Report on Arhaus

Institutional Trading of Arhaus

Several hedge funds have recently made changes to their positions in the company. Larson Financial Group LLC increased its stake in shares of 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 acquiring an additional 1,315 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Arhaus by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,478 shares of the company’s stock valued at $265,000 after purchasing an additional 1,326 shares during the period. Deutsche Bank AG lifted its position in 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 purchasing an additional 1,725 shares during the period. Entropy Technologies LP lifted its position in Arhaus by 7.0% in the first quarter. Entropy Technologies LP now owns 31,451 shares of the company’s stock valued at $213,000 after purchasing an additional 2,049 shares during the period. Finally, Virtu Financial LLC boosted its holdings in Arhaus by 19.2% in the 3rd quarter. Virtu Financial LLC now owns 13,402 shares of the company’s stock valued at $142,000 after purchasing an additional 2,161 shares in the last quarter. Institutional investors and hedge funds own 27.88% of the company’s stock.

Arhaus Price Performance

Shares of NASDAQ:ARHS opened at $9.39 on Thursday. Arhaus has a one year low of $5.57 and a one year high of $12.42. The stock has a market capitalization of $1.33 billion, a price-to-earnings ratio of 18.78, a PEG ratio of 2.97 and a beta of 2.29. The company has a 50-day simple moving average of $8.24 and a 200-day simple moving average of $7.74. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.60 and a current ratio of 1.33.

Arhaus (NASDAQ:ARHSGet Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.16 by $0.12. The firm had revenue of $384.90 million for the quarter, compared to analyst estimates of $365.66 million. Arhaus had a return on equity of 17.23% and a net margin of 4.91%.The business’s revenue was up 7.5% on a year-over-year basis. During the same quarter last year, the company posted $0.25 earnings per share. On average, analysts predict that Arhaus will post 0.54 EPS for the current year.

Arhaus Company Profile

(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.

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Analyst Recommendations for Arhaus (NASDAQ:ARHS)

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