Arhaus (NASDAQ:ARHS) Hits New 52-Week Low – Should You Sell?

Shares of Arhaus, Inc. (NASDAQ:ARHSGet Free Report) hit a new 52-week low during trading on Wednesday . The company traded as low as $5.57 and last traded at $5.7280, with a volume of 196011 shares. The stock had previously closed at $5.78.

Analyst Upgrades and Downgrades

Several equities analysts have commented on the company. Telsey Advisory Group set a $8.00 price objective on Arhaus and gave the company a “market perform” rating in a research report on Friday, May 8th. Robert W. Baird set a $8.00 price objective on Arhaus in a research report on Friday, May 8th. Guggenheim lowered their price objective on Arhaus from $14.00 to $12.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Piper Sandler lowered their price objective on Arhaus from $11.00 to $8.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Finally, Jefferies Financial Group lowered their price objective on Arhaus from $9.50 to $7.25 and set a “hold” rating for the company in a research report on Tuesday, April 7th. Three analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $9.58.

Check Out Our Latest Report on ARHS

Arhaus Price Performance

The firm has a fifty day moving average price of $6.90 and a two-hundred day moving average price of $9.01. 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 capitalization of $845.42 million, a P/E ratio of 12.73, a P/E/G ratio of 1.31 and a beta of 2.40.

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

Hedge Funds Weigh In On Arhaus

Several large investors have recently modified their holdings of ARHS. Tudor Investment Corp ET AL bought a new position in shares of Arhaus during the 3rd quarter valued at approximately $1,897,000. Y Intercept Hong Kong Ltd bought a new position in shares of Arhaus during the 3rd quarter valued at approximately $2,396,000. AGP Franklin LLC bought a new position in shares of Arhaus during the 4th quarter valued at approximately $1,705,000. CenterBook Partners LP grew its stake in shares of Arhaus by 207.9% during the 3rd quarter. CenterBook Partners LP now owns 1,056,367 shares of the company’s stock valued at $11,229,000 after acquiring an additional 713,324 shares during the period. Finally, EVR Research LP bought a new position in shares of Arhaus during the 3rd quarter valued at approximately $1,063,000. Hedge funds and other institutional investors own 27.88% of the company’s stock.

Arhaus Company Profile

(Get Free Report)

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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