Arhaus (NASDAQ:ARHS) Sets New 1-Year Low – Time to Sell?

Arhaus, Inc. (NASDAQ:ARHSGet Free Report) shares hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $6.26 and last traded at $6.3050, with a volume of 52524 shares. The stock had previously closed at $6.54.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on ARHS. Stifel Nicolaus set a $12.00 price target on Arhaus in a research report on Monday, March 2nd. 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 reaffirmed a “hold” rating and set a $9.50 target price on shares of Arhaus in a research report on Thursday, February 26th. Finally, TD Cowen cut their price target on shares of Arhaus from $12.00 to $9.00 and set a “buy” rating on the stock in a report on Monday, March 30th. Three analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $10.70.

Check Out Our Latest Stock Report on ARHS

Arhaus Price Performance

The stock’s fifty day moving average price is $8.40 and its 200 day moving average price is $9.80. The company has a current ratio of 1.37, a quick ratio of 0.62 and a debt-to-equity ratio of 0.13. The stock has a market cap of $900.35 million, a P/E ratio of 13.29, a price-to-earnings-growth ratio of 1.32 and a beta of 2.54.

Arhaus (NASDAQ:ARHSGet Free Report) last announced its earnings results on Thursday, February 26th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate 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 analyst estimates of $351.53 million. During the same period in the previous year, the business earned $0.15 earnings per share. The firm’s quarterly revenue was up 5.1% compared to the same quarter last year. As a group, research analysts forecast that Arhaus, Inc. will post 0.46 earnings per share for the current fiscal year.

Arhaus Announces Dividend

The company also recently disclosed a special dividend, which was paid on Tuesday, March 31st. Investors of record on Wednesday, March 18th were issued a dividend of $0.35 per share. The ex-dividend date of this dividend was Wednesday, March 18th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of ARHS. Invesco Ltd. boosted its stake in shares of Arhaus by 49.0% in the 4th quarter. Invesco Ltd. now owns 95,939 shares of the company’s stock valued at $1,075,000 after purchasing an additional 31,550 shares in the last quarter. Numerai GP LLC purchased a new position in Arhaus in the 4th quarter worth $361,000. EVR Research LP lifted its stake in Arhaus by 50.0% in the fourth quarter. EVR Research LP now owns 150,000 shares of the company’s stock worth $1,682,000 after purchasing an additional 50,000 shares during the last quarter. Balyasny Asset Management L.P. bought a new stake in Arhaus in the fourth quarter worth $10,962,000. Finally, AQR Capital Management LLC boosted its position in Arhaus by 20.9% during the fourth quarter. AQR Capital Management LLC now owns 12,993 shares of the company’s stock valued at $146,000 after buying an additional 2,245 shares during the period. 27.88% of the stock is currently owned by institutional investors.

About Arhaus

(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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