Arhaus (NASDAQ:ARHS – Get Free Report) had its price target dropped by analysts at TD Cowen from $12.00 to $9.00 in a report issued on Monday,Benzinga reports. The brokerage presently has a “buy” rating on the stock. TD Cowen’s target price would suggest a potential upside of 37.80% from the company’s previous close.
Other research analysts have also issued reports about the company. Morgan Stanley increased their price objective on Arhaus from $10.50 to $12.00 and gave the company an “equal weight” rating in a report on Thursday, January 15th. Jefferies Financial Group reiterated a “hold” rating and issued a $9.50 target price on shares of Arhaus in a research report on Thursday, February 26th. Weiss Ratings reissued a “hold (c)” rating on shares of Arhaus in a research report on Monday, December 29th. Stifel Nicolaus set a $12.00 price objective on shares of Arhaus in a report on Monday, March 2nd. Finally, Telsey Advisory Group raised their target price on shares of Arhaus from $12.00 to $13.00 and gave the stock a “market perform” rating in a report on Thursday, February 26th. Three equities research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat, Arhaus presently has a consensus rating of “Hold” and an average price target of $10.70.
Read Our Latest Stock Analysis on Arhaus
Arhaus Price Performance
Arhaus (NASDAQ:ARHS – Get Free Report) last issued its earnings results on Thursday, February 26th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Arhaus had a return on equity of 17.32% and a net margin of 4.88%.The company had revenue of $364.85 million during the quarter, compared to analyst estimates of $351.53 million. During the same quarter last year, the business posted $0.15 EPS. The firm’s quarterly revenue was up 5.1% on a year-over-year basis. On average, equities research analysts predict that Arhaus will post 0.46 EPS for the current year.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently made changes to their positions in the business. Larson Financial Group LLC raised its position in shares of Arhaus by 89.8% during 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 during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Arhaus by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,478 shares of the company’s stock valued at $265,000 after purchasing 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 increased its stake in shares of Arhaus by 68.2% in the 3rd quarter. AlphaQuest LLC now owns 4,741 shares of the company’s stock worth $50,000 after acquiring an additional 1,922 shares during the last quarter. Finally, B. Metzler seel. Sohn & Co. AG boosted its position 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 valued at $1,183,000 after acquiring an additional 2,070 shares during the last quarter. 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.
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