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

Shares of Arhaus, Inc. (NASDAQ:ARHS) have been assigned an average recommendation of “Hold” from the ten analysts that are currently covering the firm, MarketBeat reports. Seven investment analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $9.5833.

Several research analysts have recently issued reports on ARHS shares. Jefferies Financial Group dropped their price objective on shares of Arhaus from $9.50 to $7.25 and set a “hold” rating on the stock in a report 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 note on Friday, May 8th. Wall Street Zen raised Arhaus from a “sell” rating to a “hold” rating in a research report on Monday, July 20th. Telsey Advisory Group set a $8.00 target price on Arhaus and gave the stock a “market perform” rating in a research report on Friday, May 8th. Finally, Piper Sandler lowered their price target on Arhaus from $11.00 to $8.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th.

Institutional Trading of Arhaus

Several institutional investors have recently modified their holdings of the company. Wasatch Advisors LP raised its stake in shares of Arhaus by 6.8% in the second quarter. Wasatch Advisors LP now owns 12,703,259 shares of the company’s stock valued at $110,137,000 after purchasing an additional 811,337 shares in the last quarter. Vanguard Group Inc. lifted its position in Arhaus by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 5,143,024 shares of the company’s stock worth $57,653,000 after purchasing an additional 72,346 shares during the period. Bank of America Corp DE boosted its stake in Arhaus by 9.4% during the second quarter. Bank of America Corp DE now owns 3,213,288 shares of the company’s stock worth $27,859,000 after buying an additional 275,835 shares in the last quarter. Renaissance Technologies LLC boosted its stake in Arhaus by 10.7% during the fourth quarter. Renaissance Technologies LLC now owns 1,754,000 shares of the company’s stock worth $19,662,000 after buying an additional 169,200 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in Arhaus by 18.6% during the first quarter. Dimensional Fund Advisors LP now owns 1,179,268 shares of the company’s stock worth $7,994,000 after buying an additional 185,208 shares in the last quarter. Institutional investors and hedge funds own 27.88% of the company’s stock.

Arhaus Trading Down 3.3%

Shares of Arhaus stock opened at $7.34 on Friday. Arhaus has a 1 year low of $5.57 and a 1 year high of $12.98. The company’s fifty day simple moving average is $7.40 and its 200-day simple moving average is $7.86. The company has a market cap of $1.04 billion, a price-to-earnings ratio of 15.62, a PEG ratio of 3.06 and a beta of 2.28. 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 earnings results on Thursday, May 7th. The company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. Arhaus had a net margin of 4.67% and a return on equity of 16.39%. The firm had revenue of $314.28 million during the quarter, compared to analysts’ expectations of $313.97 million. During the same period in the prior year, the company earned $0.03 EPS. The business’s quarterly revenue was up .9% compared to the same quarter last year. As a group, sell-side analysts expect that Arhaus will post 0.47 EPS for the current year.

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.