Arhaus (NASDAQ:ARHS) Stock Price Up 6.1% – What’s Next?

Arhaus, Inc. (NASDAQ:ARHSGet Free Report)’s share price was up 6.1% on Tuesday . The stock traded as high as $10.06 and last traded at $10.11. Approximately 790,459 shares were traded during trading, a decline of 41% from the average session volume of 1,348,002 shares. The stock had previously closed at $9.53.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on ARHS shares. Guggenheim cut their price target 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 lowered their price objective on Arhaus from $12.00 to $11.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Telsey Advisory Group upped their target price on Arhaus from $8.00 to $10.00 and gave the company a “market perform” rating in a report on Friday, August 7th. TD Cowen dropped 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. Finally, Piper Sandler raised their target price on Arhaus from $8.00 to $9.00 and gave the stock a “neutral” rating in a research note on Friday, August 7th. Four analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $10.12.

Read Our Latest Stock Report on ARHS

Arhaus Trading Down 2.0%

The stock has a market cap of $1.39 billion, a PE ratio of 19.66, a price-to-earnings-growth ratio of 3.17 and a beta of 2.29. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.60 and a current ratio of 1.33. The company’s 50-day moving average price is $8.15 and its 200 day moving average price is $7.73.

Arhaus (NASDAQ:ARHSGet Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.16 by $0.12. The company had revenue of $384.90 million during the quarter, compared to analyst estimates of $365.66 million. Arhaus had a return on equity of 17.23% and a net margin of 4.91%.The firm’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the prior year, the business posted $0.25 earnings per share. On average, sell-side analysts forecast that Arhaus, Inc. will post 0.54 EPS for the current fiscal year.

Institutional Investors Weigh In On Arhaus

Institutional investors have recently made changes to their positions in the stock. Simcoe Capital LLC acquired a new stake in Arhaus in the 4th quarter valued at approximately $4,592,000. Arrowstreet Capital Limited Partnership boosted its holdings in Arhaus by 95.1% during the 1st quarter. Arrowstreet Capital Limited Partnership now owns 459,025 shares of the company’s stock valued at $3,112,000 after acquiring an additional 223,692 shares during the period. Dimensional Fund Advisors LP grew its position in Arhaus by 18.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,179,268 shares of the company’s stock valued at $7,994,000 after acquiring an additional 185,208 shares in the last quarter. AGP Franklin LLC acquired a new stake in shares of Arhaus during the fourth quarter worth about $1,705,000. Finally, UBS Group AG boosted its stake 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 valued at $12,310,000 after purchasing an additional 331,961 shares during the period. 27.88% of the stock is currently owned by institutional investors and hedge funds.

About Arhaus

(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.

Further Reading

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