Arhaus (NASDAQ:ARHS) Price Target Lowered to $9.00 at TD Cowen

Arhaus (NASDAQ:ARHS) had its target price decreased by TD Cowen from $12.00 to $9.00 in a research report sent to investors on Monday,Benzinga reports. TD Cowen currently has a buy rating on the stock.

Several other research analysts have also issued reports on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Arhaus in a research report on Monday, December 29th. Telsey Advisory Group upped their price objective on Arhaus from $12.00 to $13.00 and gave the company a “market perform” rating in a research note on Thursday, February 26th. Jefferies Financial Group reissued a “hold” rating and issued a $9.50 target price on shares of Arhaus in a report on Thursday, February 26th. Morgan Stanley raised their target price on Arhaus from $10.50 to $12.00 and gave the stock an “equal weight” rating in a research report on Thursday, January 15th. Finally, Stifel Nicolaus set a $12.00 price target on Arhaus in a research note on Monday, March 2nd. Three analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $10.70.

Arhaus Trading Up 0.2%

Shares of Arhaus stock opened at $6.51 on Monday. The firm has a market capitalization of $918.69 million, a PE ratio of 13.56, a price-to-earnings-growth ratio of 1.35 and a beta of 2.54. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.37 and a quick ratio of 0.62. The company’s fifty day moving average price is $8.72 and its two-hundred day moving average price is $9.91. Arhaus has a 52-week low of $6.43 and a 52-week high of $12.98.

Arhaus (NASDAQ:ARHS) last announced its quarterly earnings data on Thursday, February 26th. The company reported $0.11 earnings per share (EPS) for the quarter, beating 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 during the quarter, compared to analysts’ expectations of $351.53 million. During the same quarter in the prior year, the company posted $0.15 EPS. The business’s revenue was up 5.1% on a year-over-year basis. On average, analysts expect that Arhaus will post 0.46 EPS for the current year.

Arhaus Dividend Announcement

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

Institutional Inflows and Outflows

A number of institutional investors have recently modified their holdings of ARHS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Arhaus by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,478 shares of the company’s stock worth $265,000 after acquiring an additional 1,326 shares in the last quarter. Millennium Management LLC increased its holdings in Arhaus by 83.8% during the 1st quarter. Millennium Management LLC now owns 696,690 shares of the company’s stock valued at $6,061,000 after purchasing an additional 317,631 shares in the last quarter. Goldman Sachs Group Inc. increased its holdings in Arhaus by 24.1% during the 1st quarter. Goldman Sachs Group Inc. now owns 620,508 shares of the company’s stock valued at $5,398,000 after purchasing an additional 120,314 shares in the last quarter. Geode Capital Management LLC raised its position in Arhaus by 0.3% in the 2nd quarter. Geode Capital Management LLC now owns 1,254,147 shares of the company’s stock valued at $10,875,000 after purchasing an additional 3,146 shares during the last quarter. Finally, Intech Investment Management LLC raised its position in Arhaus by 13.4% in the 2nd quarter. Intech Investment Management LLC now owns 26,819 shares of the company’s stock valued at $233,000 after purchasing an additional 3,178 shares during the last quarter. 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.