GAMMA Investing LLC boosted its position in shares of Arhaus, Inc. (NASDAQ:ARHS – Free Report) by 185.1% during the 2nd quarter, according to the company in its most recent disclosure with the SEC. The firm owned 3,150 shares of the company’s stock after buying an additional 2,045 shares during the quarter. GAMMA Investing LLC’s holdings in Arhaus were worth $27,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Arizona State Retirement System grew its position in Arhaus by 24.9% during the first quarter. Arizona State Retirement System now owns 14,525 shares of the company’s stock valued at $126,000 after buying an additional 2,899 shares during the period. Hsbc Holdings PLC acquired a new stake in shares of Arhaus in the first quarter valued at about $176,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Arhaus by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,478 shares of the company’s stock valued at $265,000 after purchasing an additional 1,326 shares during the period. Fox Run Management L.L.C. acquired a new stake in shares of Arhaus in the first quarter valued at about $281,000. Finally, Procyon Advisors LLC grew its position in shares of Arhaus by 26.5% in the first quarter. Procyon Advisors LLC now owns 39,406 shares of the company’s stock valued at $343,000 after purchasing an additional 8,250 shares during the period. Institutional investors and hedge funds own 27.88% of the company’s stock.
Analysts Set New Price Targets
ARHS has been the topic of several research analyst reports. Cowen reiterated a “buy” rating on shares of Arhaus in a research report on Friday, August 8th. Gordon Haskett initiated coverage on shares of Arhaus in a research report on Thursday, September 18th. They issued a “hold” rating and a $12.00 target price on the stock. Stifel Nicolaus lifted their target price on shares of Arhaus from $10.00 to $14.00 and gave the company a “buy” rating in a research report on Friday, August 15th. Raymond James Financial began coverage on shares of Arhaus in a research report on Monday, June 9th. They issued a “market perform” rating on the stock. Finally, Morgan Stanley raised their price target on shares of Arhaus from $10.00 to $12.50 and gave the stock an “equal weight” rating in a research note on Friday, August 8th. Four investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $10.92.
Arhaus Price Performance
Arhaus stock opened at $11.03 on Monday. The company’s 50 day simple moving average is $11.10 and its 200-day simple moving average is $9.44. The company has a market capitalization of $1.55 billion, a price-to-earnings ratio of 22.06, a price-to-earnings-growth ratio of 6.28 and a beta of 2.54. Arhaus, Inc. has a 1 year low of $6.61 and a 1 year high of $13.02. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.61 and a current ratio of 1.33.
Arhaus (NASDAQ:ARHS – Get Free Report) last released its quarterly earnings results on Thursday, August 7th. The company reported $0.25 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.15 by $0.10. The business had revenue of $358.44 million for the quarter, compared to the consensus estimate of $333.39 million. Arhaus had a net margin of 5.33% and a return on equity of 20.08%. The business’s revenue was up 15.6% on a year-over-year basis. During the same period in the previous year, the firm earned $0.16 EPS. Arhaus has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts expect that Arhaus, Inc. will post 0.46 earnings per share for the current year.
Arhaus Company 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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