Arhaus, Inc. (NASDAQ:ARHS) Receives $9.58 Consensus Price Target from Brokerages

Shares of Arhaus, Inc. (NASDAQ:ARHS) have earned a consensus rating of “Hold” from the ten brokerages that are covering the company, MarketBeat.com reports. Seven analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $9.5833.

A number of equities analysts recently weighed in on the company. TD Cowen decreased their price target on Arhaus from $9.00 to $8.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Telsey Advisory Group set a $8.00 price objective on Arhaus and gave the stock a “market perform” rating in a report on Friday, May 8th. Robert W. Baird set a $8.00 price objective on Arhaus in a report on Friday, May 8th. Wall Street Zen raised shares of Arhaus from a “sell” rating to a “hold” rating in a research note on Monday, July 20th. Finally, Weiss Ratings reiterated a “hold (c-)” rating on shares of Arhaus in a report on Wednesday, June 17th.

Arhaus Trading Up 0.5%

Arhaus stock opened at $7.92 on Friday. The firm has a market cap of $1.12 billion, a price-to-earnings ratio of 16.85, a price-to-earnings-growth ratio of 3.17 and a beta of 2.28. Arhaus has a 1 year low of $5.57 and a 1 year high of $12.98. The firm’s 50 day moving average price is $7.35 and its two-hundred day moving average price is $7.91. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.46 and a current ratio of 1.25.

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

Institutional Investors Weigh In On Arhaus

Several hedge funds have recently made changes to their positions in the company. Tudor Investment Corp ET AL acquired a new stake in Arhaus during the 3rd quarter worth about $1,897,000. Simcoe Capital LLC acquired a new position in shares of Arhaus in the 4th quarter valued at about $4,592,000. AGP Franklin LLC acquired a new position in shares of Arhaus in the 4th quarter valued at about $1,705,000. UBS Group AG lifted its position in shares of Arhaus by 43.3% in the fourth quarter. UBS Group AG now owns 1,098,150 shares of the company’s stock worth $12,310,000 after purchasing an additional 331,961 shares in the last quarter. Finally, Meros Investment Management LP lifted its position in shares of Arhaus by 71.1% in the fourth quarter. Meros Investment Management LP now owns 821,734 shares of the company’s stock worth $9,212,000 after purchasing an additional 341,577 shares in 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.