Arhaus, Inc. (NASDAQ:ARHS) Receives $11.11 Consensus Target Price from Brokerages

Shares of Arhaus, Inc. (NASDAQ:ARHS) have been given a consensus recommendation of “Hold” by the thirteen brokerages that are covering the stock, Marketbeat.com reports. Ten analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is $11.25.

Several research firms recently issued reports on ARHS. Zacks Research downgraded Arhaus from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. Weiss Ratings reaffirmed 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 report on Saturday, November 8th. Gordon Haskett initiated coverage on shares of Arhaus in a report on Thursday, September 18th. They issued a “hold” rating and a $12.00 price objective for the company. Finally, Telsey Advisory Group reaffirmed a “market perform” rating and set a $12.00 target price on shares of Arhaus in a research note on Thursday, November 6th.

Arhaus Stock Performance

Shares of ARHS stock opened at $11.07 on Wednesday. The firm’s 50 day moving average price is $10.50 and its 200-day moving average price is $10.43. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.64 and a current ratio of 1.34. Arhaus has a one year low of $6.61 and a one year high of $13.02. The firm has a market cap of $1.56 billion, a P/E ratio of 21.29, a P/E/G ratio of 5.75 and a beta of 2.51.

Arhaus (NASDAQ:ARHS) last posted its earnings results on Thursday, November 6th. The company reported $0.09 earnings per share for the quarter, beating the consensus estimate of $0.08 by $0.01. Arhaus had a net margin of 5.40% and a return on equity of 19.62%. The firm had revenue of $344.57 million during the quarter, compared to the consensus estimate of $338.26 million. During the same quarter last year, the firm earned $0.07 EPS. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. As a group, equities research analysts predict that Arhaus will post 0.46 EPS for the current year.

Institutional Trading of Arhaus

Several hedge funds have recently modified their holdings of ARHS. Wasatch Advisors LP grew its stake in Arhaus by 6.8% during the 2nd quarter. Wasatch Advisors LP now owns 12,703,259 shares of the company’s stock worth $110,137,000 after purchasing an additional 811,337 shares in the last quarter. Bank of America Corp DE raised its position in Arhaus by 9.4% in the 2nd quarter. Bank of America Corp DE now owns 3,213,288 shares of the company’s stock valued at $27,859,000 after purchasing an additional 275,835 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in shares of Arhaus by 4.0% in the 2nd quarter. JPMorgan Chase & Co. now owns 2,548,946 shares of the company’s stock valued at $22,099,000 after buying an additional 97,149 shares during the period. Emerald Advisers LLC grew its position in shares of Arhaus by 3.8% during the second quarter. Emerald Advisers LLC now owns 1,730,371 shares of the company’s stock worth $15,002,000 after buying an additional 63,243 shares in the last quarter. Finally, Voya Investment Management LLC increased its stake in shares of Arhaus by 10,207.1% during the third quarter. Voya Investment Management LLC now owns 1,512,367 shares of the company’s stock worth $16,076,000 after buying an additional 1,497,694 shares during the period. 27.88% of the stock is currently owned by institutional investors and hedge funds.

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.