Arhaus (NASDAQ:ARHS) Raised to “Hold” at Wall Street Zen

Arhaus (NASDAQ:ARHSGet Free Report) was upgraded by investment analysts at Wall Street Zen from a “sell” rating to a “hold” rating in a research note issued on Monday.

A number of other analysts have also issued reports on the company. Jefferies Financial Group lowered 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. Stifel Nicolaus reduced their price objective on Arhaus from $12.00 to $11.00 and set a “buy” rating for the company in a research report on Monday, May 11th. TD Cowen reduced their price objective on Arhaus from $9.00 to $8.00 and set a “buy” rating for the company in a research report on Monday, May 11th. Robert W. Baird set a $8.00 price objective on shares of Arhaus in a research note on Friday, May 8th. Finally, Guggenheim dropped their target price on shares of Arhaus from $14.00 to $12.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Arhaus has an average rating of “Hold” and a consensus target price of $9.58.

View Our Latest Stock Report on Arhaus

Arhaus Stock Up 0.8%

Arhaus stock opened at $7.54 on Monday. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.25 and a quick ratio of 0.46. Arhaus has a fifty-two week low of $5.57 and a fifty-two week high of $12.98. The firm has a fifty day moving average price of $7.17 and a two-hundred day moving average price of $8.03. The firm has a market cap of $1.07 billion, a price-to-earnings ratio of 16.04, a P/E/G ratio of 3.01 and a beta of 2.28.

Arhaus (NASDAQ:ARHSGet Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.02 earnings per share (EPS) for the quarter, meeting the consensus estimate of $0.02. The company had revenue of $314.28 million for the quarter, compared to the consensus estimate of $313.97 million. Arhaus had a return on equity of 16.39% and a net margin of 4.67%.The firm’s revenue was up .9% compared to the same quarter last year. During the same period last year, the business posted $0.03 earnings per share. As a group, analysts forecast that Arhaus will post 0.47 earnings per share for the current year.

Institutional Trading of Arhaus

Institutional investors and hedge funds have recently modified their holdings of the company. Larson Financial Group LLC boosted its position in Arhaus by 89.8% in the third quarter. Larson Financial Group LLC now owns 2,780 shares of the company’s stock valued at $30,000 after buying an additional 1,315 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Arhaus by 4.5% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,478 shares of the company’s stock worth $265,000 after buying an additional 1,326 shares in the last quarter. Deutsche Bank AG raised its stake in shares of Arhaus by 4.6% in the fourth quarter. Deutsche Bank AG now owns 39,447 shares of the company’s stock valued at $442,000 after acquiring an additional 1,725 shares during the last quarter. Entropy Technologies LP boosted its holdings in shares of Arhaus by 7.0% in the 1st 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. Finally, Virtu Financial LLC boosted its holdings in shares of Arhaus by 19.2% in the 3rd quarter. Virtu Financial LLC now owns 13,402 shares of the company’s stock worth $142,000 after acquiring an additional 2,161 shares in the last quarter. 27.88% of the stock is currently owned by institutional investors.

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.

Recommended Stories

Analyst Recommendations for Arhaus (NASDAQ:ARHS)

Receive News & Ratings for Arhaus Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Arhaus and related companies with MarketBeat.com's FREE daily email newsletter.