Arhaus (NASDAQ:ARHS) Price Target Lowered to $7.25 at Jefferies Financial Group

Arhaus (NASDAQ:ARHS) had its target price trimmed by Jefferies Financial Group from $9.50 to $7.25 in a report issued on Tuesday morning,Benzinga reports. The firm currently has a hold rating on the stock.

Several other analysts have also recently commented on the company. Stifel Nicolaus set a $12.00 target price on Arhaus in a report on Monday, March 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Arhaus in a report on Monday, December 29th. Telsey Advisory Group increased their target price on Arhaus from $12.00 to $13.00 and gave the stock a “market perform” rating in a report on Thursday, February 26th. Morgan Stanley increased their target price 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 decreased their target price on Arhaus from $12.00 to $9.00 and set a “buy” rating on the stock in a report on Monday, March 30th. Three equities research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the stock. Based on data from MarketBeat.com, Arhaus has a consensus rating of “Hold” and an average target price of $10.69.

Arhaus Stock Performance

Shares of NASDAQ:ARHS opened at $6.27 on Tuesday. The business’s fifty day moving average price is $8.24 and its two-hundred day moving average price is $9.71. Arhaus has a fifty-two week low of $6.17 and a fifty-two week high of $12.98. The stock has a market capitalization of $884.82 million, a price-to-earnings ratio of 13.06, a price-to-earnings-growth ratio of 1.32 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.

Arhaus (NASDAQ:ARHS) last announced its quarterly earnings results on Thursday, February 26th. The company reported $0.11 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.01. Arhaus had a return on equity of 17.32% and a net margin of 4.88%.The firm 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 business posted $0.15 earnings per share. The business’s revenue was up 5.1% compared to the same quarter last year. As a group, analysts predict that Arhaus will post 0.46 EPS for the current fiscal year.

Arhaus Dividend Announcement

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

Hedge Funds Weigh In On Arhaus

Large investors have recently made changes to their positions in the company. Voya Investment Management LLC lifted its stake in shares of Arhaus by 10,207.1% during the third quarter. Voya Investment Management LLC now owns 1,512,367 shares of the company’s stock valued at $16,076,000 after acquiring an additional 1,497,694 shares during the period. Tudor Investment Corp ET AL acquired a new position in shares of Arhaus during the third quarter valued at $1,897,000. Y Intercept Hong Kong Ltd acquired a new position in shares of Arhaus during the third quarter valued at $2,396,000. CenterBook Partners LP lifted its stake in shares of 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 acquiring an additional 713,324 shares during the period. Finally, Maverick Capital Ltd. acquired a new position in shares of Arhaus during the second quarter valued at $4,691,000. 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.