Arhaus, Inc. (NASDAQ:ARHS – Get Free Report) has received an average recommendation of “Hold” from the twelve research firms that are covering the company, Marketbeat reports. Nine equities research analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average twelve-month target price among brokers that have covered the stock in the last year is $11.1875.
Several analysts have commented on the stock. Wall Street Zen cut shares of Arhaus from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Morgan Stanley raised their price objective on Arhaus from $10.50 to $12.00 and gave the stock an “equal weight” rating in a report on Thursday, January 15th. Zacks Research downgraded Arhaus from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 7th. Weiss Ratings reiterated a “hold (c)” rating on shares of Arhaus in a research report on Monday, December 29th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $12.00 price target on shares of Arhaus in a research note on Thursday, November 6th.
Arhaus Stock Up 3.6%
Arhaus (NASDAQ:ARHS – Get Free Report) last released its earnings results on Thursday, November 6th. The company reported $0.09 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.08 by $0.01. The company had revenue of $344.57 million for the quarter, compared to analyst estimates of $338.26 million. Arhaus had a net margin of 5.40% and a return on equity of 19.62%. The firm’s quarterly revenue was up 8.0% on a year-over-year basis. During the same period in the prior year, the firm earned $0.07 EPS. As a group, equities research analysts anticipate that Arhaus will post 0.46 EPS for the current fiscal year.
Hedge Funds Weigh In On Arhaus
Several institutional investors and hedge funds have recently bought and sold shares of the stock. Larson Financial Group LLC boosted its holdings in shares of Arhaus by 89.8% in the 3rd quarter. Larson Financial Group LLC now owns 2,780 shares of the company’s stock valued at $30,000 after purchasing an additional 1,315 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position in shares of Arhaus by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,478 shares of the company’s stock worth $265,000 after buying an additional 1,326 shares during the period. AlphaQuest LLC boosted its holdings in Arhaus by 68.2% in the third quarter. AlphaQuest LLC now owns 4,741 shares of the company’s stock valued at $50,000 after acquiring an additional 1,922 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Arhaus by 185.1% in the second quarter. GAMMA Investing LLC now owns 3,150 shares of the company’s stock valued at $27,000 after acquiring an additional 2,045 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. AG grew its position in Arhaus by 1.9% during the third quarter. B. Metzler seel. Sohn & Co. AG now owns 111,259 shares of the company’s stock valued at $1,183,000 after acquiring an additional 2,070 shares during the period. Institutional investors and hedge funds own 27.88% of the company’s stock.
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.
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