Arhaus (NASDAQ:ARHS) Shares Down 6.3% – What’s Next?

Shares of Arhaus, Inc. (NASDAQ:ARHS) dropped 6.3% during mid-day trading on Monday . The stock traded as low as $8.22 and last traded at $8.0750. Approximately 46,933 shares changed hands during trading, a decline of 97% from the average daily volume of 1,341,271 shares. The stock had previously closed at $8.62.

Wall Street Analyst Weigh In

ARHS has been the subject of several research reports. TD Cowen reduced their target price on Arhaus from $9.00 to $8.00 and set a “buy” rating for the company in a report on Monday, May 11th. Robert W. Baird set a $8.00 price objective on Arhaus in a research note on Friday, May 8th. Guggenheim decreased their price objective on Arhaus from $14.00 to $12.00 and set a “buy” rating for the company in a report on Friday, May 8th. Stifel Nicolaus cut their target price on shares of Arhaus from $12.00 to $11.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Arhaus in a research note on Wednesday, June 17th. Three investment analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Arhaus currently has a consensus rating of “Hold” and an average price target of $9.58.

Arhaus Price Performance

The stock has a fifty day moving average of $7.02 and a two-hundred day moving average of $8.31. The company has a quick ratio of 0.46, a current ratio of 1.25 and a debt-to-equity ratio of 0.14. The stock has a market cap of $1.15 billion, a price-to-earnings ratio of 17.32, a price-to-earnings-growth ratio of 3.28 and a beta of 2.28.

Arhaus (NASDAQ:ARHS) last released its quarterly earnings data on Thursday, May 7th. The company reported $0.02 EPS for the quarter, hitting analysts’ consensus estimates of $0.02. The firm had revenue of $314.28 million for the quarter, compared to the consensus estimate of $313.97 million. Arhaus had a net margin of 4.67% and a return on equity of 16.39%. The firm’s revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.03 earnings per share. On average, equities research analysts anticipate that Arhaus, Inc. will post 0.47 earnings per share for the current year.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the company. Larson Financial Group LLC grew 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 valued at $30,000 after acquiring an additional 1,315 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings 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 grew its position in shares of Arhaus by 4.6% in the fourth quarter. Deutsche Bank AG now owns 39,447 shares of the company’s stock valued at $442,000 after purchasing an additional 1,725 shares during the last quarter. Entropy Technologies LP increased its stake in shares of Arhaus by 7.0% during the 1st quarter. Entropy Technologies LP now owns 31,451 shares of the company’s stock worth $213,000 after purchasing an additional 2,049 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. AG increased its stake 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 purchasing an additional 2,070 shares in the last quarter. Hedge funds and other institutional investors 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.