Arhaus, Inc. (ARHS) – What Are Investment Firms Thinking About This Stock?

Arhaus, Inc. (NASDAQ:ARHS) has been given a consensus rating of “Moderate Buy” by the ten analysts that are presently covering the company, MarketBeat.com reports. Four equities research analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $10.22.

A number of brokerages have recently weighed in on ARHS. Zacks Research upgraded Arhaus from a “hold” rating to a “strong-buy” rating in a report on Tuesday, October 6th. Craig Hallum raised shares of Arhaus from a “hold” rating to a “buy” rating and set a $12.00 price objective on the stock in a research report on Thursday, August 6th. Piper Sandler increased their target price on shares of Arhaus from $8.00 to $9.00 and gave the stock a “neutral” rating in a research report on Friday, August 7th. Morgan Stanley lifted their target price on shares of Arhaus from $9.00 to $10.00 and gave the company an “equal weight” rating in a research note on Friday, August 7th. Finally, Wall Street Zen raised shares of Arhaus from a “sell” rating to a “hold” rating in a research note on Monday, July 20th.

Arhaus Price Performance

ARHS stock opened at $10.13 on Friday. Arhaus has a one year low of $5.57 and a one year high of $12.08. The firm has a 50-day moving average of $9.13 and a two-hundred day moving average of $7.89. The firm has a market capitalization of $1.44 billion, a PE ratio of 20.26, a P/E/G ratio of 2.94 and a beta of 2.29. The company has a current ratio of 1.33, a quick ratio of 0.60 and a debt-to-equity ratio of 0.13.

Arhaus (NASDAQ:ARHS) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.16 by $0.12. Arhaus had a net margin of 4.91% and a return on equity of 17.23%. The business had revenue of $384.90 million during the quarter, compared to the consensus estimate of $365.66 million. During the same quarter in the prior year, the firm earned $0.25 EPS. The firm’s quarterly revenue was up 7.5% on a year-over-year basis. On average, analysts forecast that Arhaus will post 0.54 earnings per share for the current year.

Insider Buying and Selling

In other Arhaus news, Director Alton F. Doody III sold 3,500 shares of the company’s stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $8.47, for a total value of $29,645.00. Following the transaction, the director directly owned 87,113 shares of the company’s stock, valued at $737,847.11. This represents a 3.86% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.18% of the stock is owned by company insiders.

Institutional Investors Weigh In On Arhaus

Several large investors have recently made changes to their positions in ARHS. GAMMA Investing LLC increased its holdings in Arhaus by 85.0% in the third quarter. GAMMA Investing LLC now owns 2,611 shares of the company’s stock worth $25,000 after buying an additional 1,200 shares during the last quarter. Entropy Technologies LP grew its position in Arhaus by 7.0% in the first quarter. Entropy Technologies LP now owns 31,451 shares of the company’s stock worth $213,000 after acquiring an additional 2,049 shares in the last quarter. Ancora Advisors LLC acquired a new position in shares of Arhaus during the 2nd quarter worth $34,000. Fifth Third Bancorp bought a new position in shares of Arhaus during the 1st quarter valued at $40,000. Finally, Abel Hall LLC acquired a new stake in shares of Arhaus in the 1st quarter valued at $68,000. Institutional investors own 27.88% of the company’s stock.

Arhaus Company Profile

Arhaus, Inc is a lifestyle and home furnishings company that designs, sources, and sells premium furniture and décor. Its product range includes living room, dining room, bedroom, and outdoor furniture, along with lighting, rugs, textiles, wall art, accessories, and other home décor.

Founded in 1986 by John Reed, Arhaus operates through a network of retail showrooms and an e-commerce platform. The company emphasizes distinctive designs, artisan craftsmanship, and the use of materials such as reclaimed wood and recycled fabrics in selected products.

Arhaus primarily serves customers in the United States through its showrooms and online sales channels.