Arhaus (NASDAQ:ARHS) Stock Price Up 8.4% – Still a Buy?

Shares of Arhaus, Inc. (NASDAQ:ARHS) rose 8.4% during mid-day trading on Wednesday . The stock traded as high as $7.75 and last traded at $7.6640. 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 Analyst Weigh In

ARHS has been the subject of a number of research reports. Weiss Ratings reiterated a “hold (c-)” rating on shares of Arhaus in a research note on Wednesday, June 17th. Stifel Nicolaus dropped their price target on Arhaus from $12.00 to $11.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Guggenheim cut their price objective on Arhaus from $14.00 to $12.00 and set a “buy” rating for the company in a report on Friday, May 8th. Wall Street Zen upgraded Arhaus from a “sell” rating to a “hold” rating in a research report on Monday. Finally, Telsey Advisory Group set a $8.00 target price on Arhaus and gave the company a “market perform” rating in a report 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, Arhaus presently has an average rating of “Hold” and a consensus target price of $9.58.

Arhaus Price Performance

The company has a market capitalization of $1.15 billion, a P/E ratio of 17.23, a price-to-earnings-growth ratio of 1.75 and a beta of 2.33. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.25 and a quick ratio of 0.46. The firm’s 50-day moving average is $6.90 and its 200-day moving average is $8.45.

Arhaus (NASDAQ:ARHS) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.02 earnings per share for the quarter, hitting the consensus estimate of $0.02. The business had revenue of $314.28 million for the quarter, compared to the consensus estimate of $313.97 million. Arhaus had a net margin of 4.67% and a return on equity of 16.39%. The company’s quarterly revenue was up .9% on a year-over-year basis. During the same period last year, the firm earned $0.03 earnings per share. Analysts predict that Arhaus, Inc. will post 0.47 EPS for the current fiscal year.

Hedge Funds Weigh In On Arhaus

Institutional investors and hedge funds have recently bought and sold shares of the stock. Larson Financial Group LLC grew its holdings in Arhaus by 89.8% during the third quarter. Larson Financial Group LLC now owns 2,780 shares of the company’s stock valued at $30,000 after purchasing an additional 1,315 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in shares of Arhaus in the third quarter worth about $30,000. Global Retirement Partners LLC bought a new position in shares of Arhaus in the fourth quarter worth about $39,000. New York State Teachers Retirement System purchased a new position in shares of Arhaus during the 4th quarter valued at about $52,000. Finally, Quarry LP lifted 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 valued at $53,000 after buying an additional 3,347 shares in the last quarter. 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.