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

Shares of Arhaus, Inc. (NASDAQ:ARHSGet Free Report) have been assigned an average rating of “Hold” from the thirteen analysts that are currently covering the company, MarketBeat Ratings reports. Ten research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $11.00.

ARHS has been the subject of a number of recent research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Arhaus in a research report on Monday, December 29th. Jefferies Financial Group restated a “hold” rating and issued a $9.50 target price on shares of Arhaus in a research note on Thursday, February 26th. Stifel Nicolaus set a $12.00 price target on Arhaus in a research report on Monday, March 2nd. Morgan Stanley raised their price target on Arhaus from $10.50 to $12.00 and gave the stock an “equal weight” rating in a report on Thursday, January 15th. Finally, TD Cowen reduced their price objective on Arhaus from $13.00 to $12.00 and set a “buy” rating for the company in a research report on Friday, February 27th.

Get Our Latest Stock Report on Arhaus

Arhaus Stock Performance

Shares of ARHS opened at $6.78 on Monday. The stock has a market capitalization of $956.09 million, a PE ratio of 14.11, a price-to-earnings-growth ratio of 1.41 and a beta of 2.54. The business’s fifty day moving average price is $9.22 and its 200 day moving average price is $10.10. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.37 and a quick ratio of 0.62. Arhaus has a 12-month low of $6.61 and a 12-month high of $12.98.

Arhaus (NASDAQ:ARHSGet Free Report) last issued its earnings results on Thursday, February 26th. The company reported $0.11 earnings per share for the quarter, topping analysts’ consensus estimates of $0.10 by $0.01. Arhaus had a net margin of 4.88% and a return on equity of 17.32%. The company had revenue of $364.85 million for the quarter, compared to analysts’ expectations of $351.53 million. During the same period in the prior year, the company earned $0.15 earnings per share. The firm’s revenue was up 5.1% compared to the same quarter last year. Equities research analysts forecast that Arhaus will post 0.46 EPS for the current year.

Arhaus Announces Dividend

The business also recently announced a special dividend, which will be paid on Tuesday, March 31st. Shareholders of record on Wednesday, March 18th will be paid a $0.35 dividend. The ex-dividend date is Wednesday, March 18th.

Hedge Funds Weigh In On Arhaus

Institutional investors have recently modified their holdings of the company. State of Alaska Department of Revenue acquired a new stake in shares of Arhaus in the 3rd quarter worth about $28,000. Larson Financial Group LLC boosted its stake in Arhaus by 89.8% during the 3rd 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 acquired a new position in Arhaus during the 3rd quarter valued at about $30,000. Global Retirement Partners LLC bought a new position in Arhaus in the 4th quarter worth about $39,000. Finally, Johnson Investment Counsel Inc. bought a new position in Arhaus in the 3rd quarter worth about $49,000. Institutional investors own 27.88% of the company’s stock.

Arhaus Company Profile

(Get Free Report)

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.

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Analyst Recommendations for Arhaus (NASDAQ:ARHS)

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