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

Arhaus, Inc. (NASDAQ:ARHS) has been given a consensus rating of “Hold” by the twelve ratings firms that are covering the firm, Marketbeat.com reports. Nine research analysts have rated the stock with a hold recommendation and three have issued a buy recommendation on the company. The average 12 month price target among analysts that have covered the stock in the last year is $11.1875.

A number of research firms recently commented on ARHS. Telsey Advisory Group reissued a “market perform” rating and set a $12.00 target price on shares of Arhaus in a research report on Wednesday, February 18th. Weiss Ratings reiterated a “hold (c)” rating on shares of Arhaus in a research note on Monday, December 29th. Morgan Stanley upped their price target on shares of 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 shares of Arhaus from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Finally, Zacks Research lowered shares of Arhaus from a “strong-buy” rating to a “hold” rating in a report on Friday, November 7th.

Arhaus Price Performance

ARHS opened at $8.38 on Thursday. The firm has a market capitalization of $1.18 billion, a PE ratio of 16.12, a price-to-earnings-growth ratio of 4.34 and a beta of 2.51. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.34 and a quick ratio of 0.64. The business’s 50-day moving average is $10.51 and its two-hundred day moving average is $10.64. Arhaus has a 1 year low of $6.61 and a 1 year high of $12.98.

Institutional Investors Weigh In On Arhaus

Large investors have recently bought and sold shares of the company. Voya Investment Management LLC raised its position in Arhaus by 10,207.1% during the 3rd quarter. Voya Investment Management LLC now owns 1,512,367 shares of the company’s stock worth $16,076,000 after buying an additional 1,497,694 shares during the last quarter. Balyasny Asset Management L.P. acquired a new stake in shares of Arhaus in the fourth quarter worth $10,962,000. Wasatch Advisors LP raised its holdings 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 during the last quarter. CenterBook Partners LP lifted its position in Arhaus by 207.9% during the third quarter. CenterBook Partners LP now owns 1,056,367 shares of the company’s stock valued at $11,229,000 after purchasing an additional 713,324 shares during the period. Finally, Nuveen LLC lifted its position in Arhaus by 616.6% during the fourth quarter. Nuveen LLC now owns 751,950 shares of the company’s stock valued at $8,429,000 after purchasing an additional 647,020 shares during the period. Hedge funds and other institutional investors own 27.88% of the company’s stock.

Arhaus Company Profile

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.