Arhaus, Inc. (NASDAQ:ARHS) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Arhaus, Inc. (NASDAQ:ARHS) have been assigned a consensus recommendation of “Hold” from the thirteen analysts that are presently covering the stock, Marketbeat reports. Ten equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average 12-month price objective among analysts that have issued ratings on the stock in the last year is $11.25.

A number of equities analysts have weighed in on ARHS shares. Zacks Research lowered shares of Arhaus from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th. Gordon Haskett assumed coverage on Arhaus in a research report on Thursday, September 18th. They issued a “hold” rating and a $12.00 target price on the stock. Telsey Advisory Group reissued a “market perform” rating and set a $12.00 price target on shares of Arhaus in a research report on Thursday, November 6th. Wall Street Zen lowered Arhaus from a “buy” rating to a “hold” rating in a research note on Saturday, November 8th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Arhaus in a research note on Monday, December 29th.

Arhaus Stock Down 0.4%

Shares of NASDAQ:ARHS opened at $11.07 on Wednesday. The company has a current ratio of 1.34, a quick ratio of 0.64 and a debt-to-equity ratio of 0.13. The firm has a market cap of $1.56 billion, a price-to-earnings ratio of 21.29, a PEG ratio of 5.72 and a beta of 2.51. The stock’s 50-day moving average price is $10.50 and its two-hundred day moving average price is $10.46. Arhaus has a 12-month low of $6.61 and a 12-month high of $13.02.

Arhaus (NASDAQ:ARHS) last announced its quarterly earnings data on Thursday, November 6th. The company reported $0.09 earnings per share for the quarter, topping the consensus estimate of $0.08 by $0.01. Arhaus had a net margin of 5.40% and a return on equity of 19.62%. The business had revenue of $344.57 million for the quarter, compared to analyst estimates of $338.26 million. During the same period in the prior year, the firm posted $0.07 EPS. The company’s revenue was up 8.0% on a year-over-year basis. On average, research analysts forecast that Arhaus will post 0.46 EPS for the current year.

Institutional Investors Weigh In On Arhaus

Several institutional investors have recently bought and sold shares of the business. Wasatch Advisors LP raised its stake in shares of Arhaus by 6.8% in the 2nd quarter. Wasatch Advisors LP now owns 12,703,259 shares of the company’s stock valued at $110,137,000 after acquiring an additional 811,337 shares during the period. Bank of America Corp DE raised its position in Arhaus by 9.4% in the second quarter. Bank of America Corp DE now owns 3,213,288 shares of the company’s stock valued at $27,859,000 after purchasing an additional 275,835 shares during the period. JPMorgan Chase & Co. lifted its stake in shares of Arhaus by 4.0% during the second quarter. JPMorgan Chase & Co. now owns 2,548,946 shares of the company’s stock worth $22,099,000 after purchasing an additional 97,149 shares in the last quarter. Emerald Advisers LLC lifted its stake in shares of Arhaus by 3.8% during the second quarter. Emerald Advisers LLC now owns 1,730,371 shares of the company’s stock worth $15,002,000 after purchasing an additional 63,243 shares in the last quarter. Finally, Voya Investment Management LLC boosted its position in shares of Arhaus by 10,207.1% in the third quarter. Voya Investment Management LLC now owns 1,512,367 shares of the company’s stock worth $16,076,000 after buying an additional 1,497,694 shares during the period. 27.88% of the stock is currently owned by hedge funds and other institutional investors.

Arhaus Company Profile

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.