Arhaus, Inc. (NASDAQ:ARHS) Given Consensus Recommendation of “Hold” by Analysts

Shares of Arhaus, Inc. (NASDAQ:ARHSGet Free Report) have received an average rating of “Hold” from the eleven analysts that are covering the company, MarketBeat.com reports. Seven research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month target price among brokers that have issued ratings on the stock in the last year is $10.1250.

Several analysts have weighed in on ARHS shares. Craig Hallum raised shares of Arhaus from a “hold” rating to a “buy” rating and set a $12.00 target price on the stock in a research report on Thursday, August 6th. TD Cowen lowered their price objective on shares of Arhaus from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Robert W. Baird set a $10.00 price objective on shares of Arhaus in a report on Friday, August 7th. Stifel Nicolaus cut their target price on Arhaus from $12.00 to $11.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Finally, Piper Sandler raised their target price on Arhaus from $8.00 to $9.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th.

Read Our Latest Report on Arhaus

Arhaus Price Performance

Shares of NASDAQ ARHS opened at $8.94 on Thursday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.60 and a current ratio of 1.33. The company has a market cap of $1.27 billion, a PE ratio of 17.88, a P/E/G ratio of 2.82 and a beta of 2.29. The business has a 50-day simple moving average of $8.36 and a two-hundred day simple moving average of $7.68. Arhaus has a fifty-two week low of $5.57 and a fifty-two week high of $12.14.

Arhaus (NASDAQ:ARHSGet Free Report) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.12. The firm had revenue of $384.90 million for the quarter, compared to the consensus estimate of $365.66 million. Arhaus had a net margin of 4.91% and a return on equity of 17.23%. The company’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.25 earnings per share. As a group, equities analysts expect that Arhaus will post 0.54 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of ARHS. Larson Financial Group LLC lifted its holdings 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 purchasing an additional 1,315 shares during the period. Caitong International Asset Management Co. Ltd acquired a new position in Arhaus in the 3rd quarter worth approximately $30,000. Ancora Advisors LLC acquired a new position in Arhaus in the 2nd quarter worth approximately $34,000. Global Retirement Partners LLC purchased a new position in Arhaus during the 4th quarter worth approximately $39,000. Finally, Fifth Third Bancorp purchased a new position in Arhaus during the 1st quarter worth approximately $40,000. 27.88% of the stock is owned by institutional investors and hedge funds.

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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