Brokerages Set Arhaus, Inc. (NASDAQ:ARHS) Price Target at $11.19

Arhaus, Inc. (NASDAQ:ARHS) has been given an average recommendation of “Hold” by the twelve brokerages that are presently covering the firm, MarketBeat.com reports. Nine research analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $11.1875.

A number of equities research analysts recently weighed in on the company. Telsey Advisory Group reissued a “market perform” rating and set a $12.00 target price on shares of Arhaus in a research report on Thursday, November 6th. Wall Street Zen lowered Arhaus from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Weiss Ratings restated a “hold (c)” rating on shares of Arhaus in a research report on Monday, December 29th. Zacks Research cut Arhaus from a “strong-buy” rating to a “hold” rating in a research report on Friday, November 7th. Finally, Morgan Stanley lifted their price target on shares of Arhaus from $10.50 to $12.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 15th.

Institutional Trading of Arhaus

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. Simcoe Capital LLC bought a new position in Arhaus during the fourth quarter worth about $4,592,000. Hussman Strategic Advisors Inc. bought a new stake in shares of Arhaus in the 4th quarter valued at approximately $1,177,000. New York State Teachers Retirement System acquired a new position in shares of Arhaus in the 4th quarter worth approximately $52,000. UBS Group AG lifted its position in shares of Arhaus by 43.3% during the 4th quarter. UBS Group AG now owns 1,098,150 shares of the company’s stock worth $12,310,000 after buying an additional 331,961 shares during the period. Finally, Vanguard Group Inc. lifted its position in shares of Arhaus by 1.4% during the 4th quarter. Vanguard Group Inc. now owns 5,143,024 shares of the company’s stock worth $57,653,000 after buying an additional 72,346 shares during the period. Institutional investors own 27.88% of the company’s stock.

Arhaus Trading Down 2.5%

Shares of Arhaus stock opened at $10.71 on Friday. Arhaus has a 1 year low of $6.61 and a 1 year high of $13.02. The company’s fifty day simple moving average is $10.91 and its 200-day simple moving average is $10.65. The company has a market cap of $1.51 billion, a price-to-earnings ratio of 20.60, a PEG ratio of 5.68 and a beta of 2.51. The company has a current ratio of 1.34, a quick ratio of 0.64 and a debt-to-equity ratio of 0.13.

Arhaus (NASDAQ:ARHS) last issued its quarterly earnings results on Thursday, November 6th. The company reported $0.09 earnings per share for the quarter, beating analysts’ consensus estimates of $0.08 by $0.01. Arhaus had a net margin of 5.40% and a return on equity of 19.62%. The firm had revenue of $344.57 million during the quarter, compared to the consensus estimate of $338.26 million. During the same period in the prior year, the firm earned $0.07 EPS. The business’s revenue was up 8.0% on a year-over-year basis. As a group, sell-side analysts expect that Arhaus will post 0.46 EPS for the current year.

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.