Arhaus (NASDAQ:ARHS) Shares Up 8.4% – What’s Next?

Arhaus, Inc. (NASDAQ:ARHS)’s share price rose 8.4% during mid-day trading on Wednesday . The company traded as high as $7.75 and last traded at $7.6640. Approximately 128,649 shares traded hands during mid-day trading, a decline of 90% from the average daily volume of 1,316,455 shares. The stock had previously closed at $7.07.

Wall Street Analysts Forecast Growth

A number of equities analysts have weighed in on ARHS shares. Piper Sandler decreased their price target on shares of Arhaus from $11.00 to $8.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. TD Cowen cut their target price on Arhaus from $9.00 to $8.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Jefferies Financial Group reduced their target price on Arhaus from $9.50 to $7.25 and set a “hold” rating on the stock in a report on Tuesday, April 7th. Robert W. Baird set a $8.00 price target on Arhaus in a research report on Friday, May 8th. Finally, Guggenheim dropped their price target on Arhaus from $14.00 to $12.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Three analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $9.58.

Arhaus Stock Up 11.1%

The firm has a market capitalization of $1.11 billion, a PE ratio of 16.74, a P/E/G ratio of 1.55 and a beta of 2.33. The firm’s 50 day moving average price is $6.85 and its two-hundred day moving average price is $8.49. 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 (NASDAQ:ARHS) last announced its earnings results on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, hitting analysts’ consensus estimates of $0.02. Arhaus had a return on equity of 16.39% and a net margin of 4.67%.The business had revenue of $314.28 million for the quarter, compared to analyst estimates of $313.97 million. During the same period in the previous year, the company earned $0.03 earnings per share. The company’s revenue for the quarter was up .9% compared to the same quarter last year. As a group, research analysts forecast that Arhaus, Inc. will post 0.47 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of ARHS. Larson Financial Group LLC lifted its holdings in Arhaus by 89.8% in the third quarter. Larson Financial Group LLC now owns 2,780 shares of the company’s stock worth $30,000 after acquiring an additional 1,315 shares during the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Arhaus during the third quarter valued at approximately $30,000. Global Retirement Partners LLC bought a new position in shares of Arhaus during the fourth quarter valued at approximately $39,000. New York State Teachers Retirement System acquired a new stake in shares of Arhaus during the 4th quarter worth approximately $52,000. Finally, Quarry LP raised its position in shares of Arhaus by 203.0% during the 3rd quarter. Quarry LP now owns 4,996 shares of the company’s stock worth $53,000 after purchasing an additional 3,347 shares during the period. 27.88% of the stock is currently owned by institutional investors.

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.