Arhaus, Inc. (NASDAQ:ARHS) Receives Average Recommendation of “Hold” from Analysts

Shares of Arhaus, Inc. (NASDAQ:ARHS) have been given a consensus recommendation of “Hold” by the fourteen brokerages that are currently covering the stock, MarketBeat Ratings reports. Eleven equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The average twelve-month target price among brokerages that have issued ratings on the stock in the last year is $11.1111.

ARHS has been the subject of several recent analyst reports. Weiss Ratings restated a “hold (c)” rating on shares of Arhaus in a research note on Monday, December 29th. Gordon Haskett initiated coverage on shares of Arhaus in a report on Thursday, September 18th. They set a “hold” rating and a $12.00 price target for the company. Wall Street Zen lowered Arhaus from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Zacks Research cut Arhaus from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 7th. Finally, Telsey Advisory Group reissued a “market perform” rating and issued a $12.00 price target on shares of Arhaus in a report on Thursday, November 6th.

Institutional Investors Weigh In On Arhaus

Hedge funds and other institutional investors have recently bought and sold shares of the business. Voya Investment Management LLC grew its holdings in Arhaus by 10,207.1% in the third quarter. Voya Investment Management LLC now owns 1,512,367 shares of the company’s stock valued at $16,076,000 after purchasing an additional 1,497,694 shares during the last quarter. Goldman Sachs Group Inc. boosted its position in shares of Arhaus by 24.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 620,508 shares of the company’s stock worth $5,398,000 after buying an additional 120,314 shares in the last quarter. Eisler Capital Management Ltd. purchased a new stake in shares of Arhaus in the 2nd quarter worth about $562,000. EFG Asset Management North America Corp. grew its stake in Arhaus by 59.1% in the 2nd quarter. EFG Asset Management North America Corp. now owns 328,090 shares of the company’s stock valued at $2,846,000 after acquiring an additional 121,915 shares during the last quarter. Finally, GAMMA Investing LLC increased its holdings in Arhaus by 185.1% during the 2nd quarter. GAMMA Investing LLC now owns 3,150 shares of the company’s stock valued at $27,000 after acquiring an additional 2,045 shares in the last quarter. Institutional investors and hedge funds own 27.88% of the company’s stock.

Arhaus Stock Up 4.0%

Arhaus stock opened at $11.06 on Wednesday. The stock has a 50 day moving average of $10.43 and a two-hundred day moving average of $10.41. Arhaus has a twelve month low of $6.61 and a twelve month high of $13.02. The stock has a market capitalization of $1.56 billion, a price-to-earnings ratio of 21.27, a PEG ratio of 5.49 and a beta of 2.51. The company has a current ratio of 1.34, a quick ratio of 0.64 and a debt-to-equity ratio of 0.13.

Arhaus (NASDAQ:ARHS) last released its quarterly earnings results on Thursday, November 6th. The company reported $0.09 EPS for the quarter, topping the consensus estimate of $0.08 by $0.01. Arhaus had a return on equity of 19.62% and a net margin of 5.40%.The business had revenue of $344.57 million during the quarter, compared to analysts’ expectations of $338.26 million. During the same quarter in the prior year, the business earned $0.07 earnings per share. The company’s quarterly revenue was up 8.0% compared to the same quarter last year. As a group, research analysts expect that Arhaus will post 0.46 earnings per share for the current year.

About Arhaus

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.