Arhaus’ (ARHS) “Market Perform” Rating Reaffirmed at Telsey Advisory Group

Telsey Advisory Group reissued their market perform rating on shares of Arhaus (NASDAQ:ARHS) in a research note released on Wednesday morning,Benzinga reports. They currently have a $12.00 target price on the stock.

ARHS has been the topic of several other reports. Morgan Stanley upped their price objective on Arhaus from $10.50 to $12.00 and gave the company an “equal weight” rating in a research note on Thursday, January 15th. Wall Street Zen cut Arhaus from a “buy” rating to a “hold” rating in a research report on Saturday, November 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Arhaus in a report on Monday, December 29th. Finally, Zacks Research downgraded shares of Arhaus from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Three equities research analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, Arhaus presently has an average rating of “Hold” and a consensus target price of $11.19.

Arhaus Price Performance

NASDAQ:ARHS opened at $9.09 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.64 and a current ratio of 1.34. The company has a 50-day moving average of $10.76 and a 200-day moving average of $10.70. Arhaus has a 52 week low of $6.61 and a 52 week high of $12.98. The company has a market capitalization of $1.28 billion, a price-to-earnings ratio of 17.48, a PEG ratio of 4.64 and a beta of 2.51.

Institutional Investors Weigh In On Arhaus

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Wasatch Advisors LP lifted its position in shares of Arhaus by 6.8% during the second quarter. Wasatch Advisors LP now owns 12,703,259 shares of the company’s stock worth $110,137,000 after purchasing an additional 811,337 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of Arhaus by 1.4% in the fourth quarter. Vanguard Group Inc. now owns 5,143,024 shares of the company’s stock valued at $57,653,000 after purchasing an additional 72,346 shares in the last quarter. Bank of America Corp DE raised its position in Arhaus by 9.4% in the 2nd quarter. Bank of America Corp DE now owns 3,213,288 shares of the company’s stock worth $27,859,000 after purchasing an additional 275,835 shares during the last quarter. JPMorgan Chase & Co. lifted its holdings in Arhaus by 4.0% during the 2nd quarter. JPMorgan Chase & Co. now owns 2,548,946 shares of the company’s stock worth $22,099,000 after buying an additional 97,149 shares in the last quarter. Finally, Renaissance Technologies LLC boosted its position in Arhaus by 10.7% in the 4th quarter. Renaissance Technologies LLC now owns 1,754,000 shares of the company’s stock valued at $19,662,000 after buying an additional 169,200 shares during the last quarter. Institutional investors and hedge funds own 27.88% of the company’s stock.

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.