Shares of Arhaus, Inc. (NASDAQ:ARHS – Get Free Report) hit a new 52-week low on Tuesday . The stock traded as low as $6.56 and last traded at $6.6360, with a volume of 144650 shares traded. The stock had previously closed at $6.84.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on the stock. Telsey Advisory Group upped their price objective on shares of Arhaus from $12.00 to $13.00 and gave the company a “market perform” rating in a report on Thursday, February 26th. Stifel Nicolaus set a $12.00 price objective on Arhaus in a report on Monday, March 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Arhaus in a report on Monday, December 29th. TD Cowen lowered their price target on shares of Arhaus from $13.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, February 27th. Finally, Morgan Stanley lifted their price objective on shares of Arhaus from $10.50 to $12.00 and gave the company an “equal weight” rating in a report on Thursday, January 15th. Three research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $11.00.
Read Our Latest Stock Report on ARHS
Arhaus Trading Down 3.4%
Arhaus (NASDAQ:ARHS – Get Free Report) last issued its quarterly earnings results on Thursday, February 26th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. The firm had revenue of $364.85 million for the quarter, compared to analyst estimates of $351.53 million. Arhaus had a net margin of 4.88% and a return on equity of 17.32%. Arhaus’s quarterly revenue was up 5.1% compared to the same quarter last year. During the same period last year, the company posted $0.15 EPS. Equities analysts expect that Arhaus, Inc. will post 0.46 EPS for the current fiscal year.
Arhaus Announces Dividend
The firm also recently announced a special dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 18th will be issued a dividend of $0.35 per share. The ex-dividend date of this dividend is Wednesday, March 18th.
Institutional Trading of Arhaus
Several large investors have recently bought and sold shares of ARHS. Larson Financial Group LLC lifted its stake in Arhaus by 89.8% in the 3rd 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in Arhaus by 4.5% during the first 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 in the last quarter. Deutsche Bank AG boosted its stake in Arhaus by 4.6% during the fourth quarter. Deutsche Bank AG now owns 39,447 shares of the company’s stock worth $442,000 after buying an additional 1,725 shares during the last quarter. AlphaQuest LLC grew its holdings in Arhaus by 68.2% in the 3rd quarter. AlphaQuest LLC now owns 4,741 shares of the company’s stock valued at $50,000 after buying an additional 1,922 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. AG raised its holdings in shares of Arhaus by 1.9% during the 3rd quarter. B. Metzler seel. Sohn & Co. AG now owns 111,259 shares of the company’s stock worth $1,183,000 after acquiring an additional 2,070 shares during the period. Hedge funds and other institutional investors own 27.88% of the company’s stock.
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.
Further Reading
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