Brokerages Set Arhaus, Inc. (NASDAQ:ARHS) Price Target at $9.58

Arhaus, Inc. (NASDAQ:ARHS) has earned a consensus recommendation of “Hold” from the eleven brokerages that are covering the stock, Marketbeat reports. Eight equities research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is $9.5833.

Several equities research analysts have weighed in on ARHS shares. Stifel Nicolaus cut their price target on Arhaus from $12.00 to $11.00 and set a “buy” rating on the stock in a report on Monday, May 11th. Guggenheim decreased their price target on shares of Arhaus from $14.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Robert W. Baird set a $8.00 price target on shares of Arhaus in a research note on Friday, May 8th. TD Cowen decreased their price target on shares of Arhaus from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Finally, Telsey Advisory Group set a $8.00 price target on shares of Arhaus and gave the stock a “market perform” rating in a research note on Friday, May 8th.

Hedge Funds Weigh In On Arhaus

Several large investors have recently bought and sold shares of ARHS. State of Alaska Department of Revenue purchased a new position in Arhaus in the third quarter valued at $28,000. Larson Financial Group LLC lifted its stake in Arhaus by 89.8% during the third 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. Caitong International Asset Management Co. Ltd purchased a new stake in Arhaus during the third quarter worth approximately $30,000. Global Retirement Partners LLC purchased a new stake in Arhaus during the fourth quarter worth approximately $39,000. Finally, Fifth Third Bancorp purchased a new stake in Arhaus during the first quarter worth approximately $40,000. Hedge funds and other institutional investors own 27.88% of the company’s stock.

Arhaus Stock Performance

Shares of ARHS stock opened at $5.87 on Tuesday. The company has a quick ratio of 0.46, a current ratio of 1.25 and a debt-to-equity ratio of 0.14. Arhaus has a 52 week low of $5.63 and a 52 week high of $12.98. The stock has a market capitalization of $830.84 million, a PE ratio of 12.49, a P/E/G ratio of 1.29 and a beta of 2.40. The firm has a 50 day moving average of $6.94 and a two-hundred day moving average of $9.04.

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

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.