Arhaus’ (ARHS) “Market Perform” Rating Reiterated at Telsey Advisory Group

Telsey Advisory Group reaffirmed their market perform rating on shares of Arhaus (NASDAQ:ARHS) in a research note released on Wednesday morning,Benzinga reports. They currently have a $12.00 price objective on the stock.

Several other research firms have also commented on ARHS. Weiss Ratings reiterated a “hold (c)” rating on shares of Arhaus in a research report on Monday, December 29th. Wall Street Zen cut shares of Arhaus from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Zacks Research downgraded shares of Arhaus from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Finally, Morgan Stanley increased their target price on Arhaus from $10.50 to $12.00 and gave the company an “equal weight” rating in a research note on Thursday, January 15th. Three analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $11.19.

Arhaus Stock Performance

NASDAQ ARHS opened at $9.18 on Wednesday. The business has a 50 day moving average price of $10.69 and a 200 day moving average price of $10.69. The company has a market capitalization of $1.29 billion, a P/E ratio of 17.65, a PEG ratio of 4.58 and a beta of 2.51. Arhaus has a 1-year low of $6.61 and a 1-year high of $12.98. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.34 and a quick ratio of 0.64.

Institutional Trading of Arhaus

Hedge funds and other institutional investors have recently bought and sold shares of the company. Voya Investment Management LLC raised its position in shares of Arhaus by 10,207.1% during the 3rd quarter. Voya Investment Management LLC now owns 1,512,367 shares of the company’s stock worth $16,076,000 after purchasing an additional 1,497,694 shares during the period. Eisler Capital Management Ltd. bought a new stake in Arhaus in the second quarter valued at $562,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Arhaus during the third quarter valued at $2,396,000. JPMorgan Chase & Co. grew its position in shares of Arhaus by 4.0% during the second quarter. JPMorgan Chase & Co. now owns 2,548,946 shares of the company’s stock worth $22,099,000 after acquiring an additional 97,149 shares during the last quarter. Finally, EFG Asset Management North America Corp. lifted its position in Arhaus by 59.1% in the 2nd quarter. EFG Asset Management North America Corp. now owns 328,090 shares of the company’s stock valued at $2,846,000 after purchasing an additional 121,915 shares during the last quarter. 27.88% of the stock is owned by 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.