Arhaus (NASDAQ:ARHS) Trading Up 8.4% – Time to Buy?

Arhaus, Inc. (NASDAQ:ARHS)’s stock price traded up 8.4% on Wednesday . The stock traded as high as $7.75 and last traded at $7.6640. Approximately 128,649 shares traded hands during trading, a decline of 90% from the average daily volume of 1,316,455 shares. The stock had previously closed at $7.07.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on the stock. Jefferies Financial Group decreased their price objective on shares of Arhaus from $9.50 to $7.25 and set a “hold” rating for the company in a research note on Tuesday, April 7th. Wall Street Zen upgraded Arhaus from a “sell” rating to a “hold” rating in a research report on Monday. Robert W. Baird set a $8.00 target price on Arhaus in a report on Friday, May 8th. Guggenheim decreased their target price on Arhaus from $14.00 to $12.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Finally, Telsey Advisory Group set a $8.00 price target on Arhaus and gave the stock a “market perform” rating in a research note on Friday, May 8th. Three analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $9.58.

Arhaus Price Performance

The stock has a fifty day simple moving average of $6.85 and a two-hundred day simple moving average of $8.49. The company has a market cap of $1.11 billion, a PE ratio of 16.74, a price-to-earnings-growth ratio of 1.55 and a beta of 2.33. The company has a current ratio of 1.25, a quick ratio of 0.46 and a debt-to-equity ratio of 0.14.

Arhaus (NASDAQ:ARHS) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.02. The firm had revenue of $314.28 million during the quarter, compared to analysts’ expectations of $313.97 million. Arhaus had a return on equity of 16.39% and a net margin of 4.67%.Arhaus’s revenue was up .9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.03 earnings per share. On average, equities analysts predict that Arhaus, Inc. will post 0.47 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Tudor Investment Corp ET AL purchased a new position in shares of Arhaus during the 3rd quarter worth $1,897,000. Simcoe Capital LLC acquired a new stake in shares of Arhaus during the fourth quarter worth $4,592,000. AGP Franklin LLC purchased a new stake in shares of Arhaus in the fourth quarter valued at $1,705,000. EVR Research LP purchased a new stake in shares of Arhaus in the third quarter valued at $1,063,000. Finally, UBS Group AG increased its stake in Arhaus by 43.3% in the fourth quarter. UBS Group AG now owns 1,098,150 shares of the company’s stock valued at $12,310,000 after purchasing an additional 331,961 shares during the last quarter. 27.88% of the stock is owned by hedge funds and other institutional investors.

About Arhaus

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.