Invesco Ltd. cut its stake in Arhaus, Inc. (NASDAQ:ARHS – Free Report) by 29.8% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,345,713 shares of the company’s stock after selling 571,907 shares during the quarter. Invesco Ltd. owned about 0.96% of Arhaus worth $11,708,000 as of its most recent SEC filing.
Other hedge funds and other institutional investors have also modified their holdings of the company. BNP Paribas Financial Markets acquired a new stake in shares of Arhaus in the 4th quarter worth $58,000. GAMMA Investing LLC increased its stake in shares of Arhaus by 1,158.4% in the 1st quarter. GAMMA Investing LLC now owns 9,614 shares of the company’s stock worth $840,000 after acquiring an additional 8,850 shares during the last quarter. Cetera Investment Advisers acquired a new stake in shares of Arhaus in the 4th quarter worth $99,000. Freestone Grove Partners LP acquired a new stake in shares of Arhaus during the 4th quarter worth about $113,000. Finally, Mariner LLC acquired a new stake in shares of Arhaus during the 4th quarter worth about $120,000. 27.88% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on ARHS shares. Piper Sandler reissued a “neutral” rating and set a $11.00 price objective (up from $9.00) on shares of Arhaus in a research report on Friday, August 8th. Raymond James Financial started coverage on Arhaus in a research report on Monday, June 9th. They set a “market perform” rating for the company. Wall Street Zen raised Arhaus from a “sell” rating to a “hold” rating in a research report on Saturday, July 12th. Telsey Advisory Group reissued a “market perform” rating and set a $10.00 price objective on shares of Arhaus in a research report on Monday, August 4th. Finally, Guggenheim cut their price objective on Arhaus from $14.00 to $12.00 and set a “buy” rating for the company in a research report on Friday, May 9th. Four research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $10.83.
Arhaus Stock Performance
NASDAQ ARHS opened at $12.41 on Friday. The company has a market cap of $1.75 billion, a P/E ratio of 24.82, a P/E/G ratio of 7.07 and a beta of 2.56. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.33 and a quick ratio of 0.61. The stock has a 50-day moving average of $9.74 and a two-hundred day moving average of $9.34. Arhaus, Inc. has a 1-year low of $6.61 and a 1-year high of $13.97.
Arhaus (NASDAQ:ARHS – Get Free Report) last released its earnings results on Thursday, August 7th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.10. The company had revenue of $358.44 million during the quarter, compared to the consensus estimate of $333.39 million. Arhaus had a return on equity of 20.08% and a net margin of 5.33%.Arhaus’s revenue was up 15.6% compared to the same quarter last year. During the same period in the previous year, the company posted $0.16 EPS. Arhaus has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, analysts anticipate that Arhaus, Inc. will post 0.46 EPS for the current year.
Arhaus Profile
Arhaus, Inc operates as a lifestyle brand and premium retailer in the home furnishings market in the United States. It provides merchandise assortments across various categories, including furniture, lighting, textiles, décor, and outdoor. The company's furniture products comprise bedroom, dining room, living room, and home office furnishings, which includes sofas, dining tables and chairs, accent chairs, console and coffee tables, beds, headboards, dressers, desks, bookcases, modular storage, and other items; and outdoor products, such as outdoor dining tables, chairs, chaises and other furniture, lighting, textiles, décor, umbrellas, and fire pits.
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