Arhaus (NASDAQ:ARHS) Given Market Perform Rating at Telsey Advisory Group

Arhaus (NASDAQ:ARHS)‘s stock had its “market perform” rating reissued by analysts at Telsey Advisory Group in a research note issued to investors on Wednesday,Benzinga reports. They currently have a $12.00 price target on the stock. Telsey Advisory Group’s price target suggests a potential upside of 33.48% from the company’s previous close.

ARHS has been the subject of several other research reports. Weiss Ratings reiterated a “hold (c)” rating on shares of Arhaus in a report on Monday, December 29th. Zacks Research lowered shares of Arhaus from a “strong-buy” rating to a “hold” rating in a research note on Friday, November 7th. Wall Street Zen lowered Arhaus from a “buy” rating to a “hold” rating in a report on Saturday, November 8th. Finally, Morgan Stanley lifted their price target on Arhaus from $10.50 to $12.00 and gave the stock an “equal weight” rating in a report on Thursday, January 15th. Three research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company. According to data from MarketBeat, Arhaus currently has a consensus rating of “Hold” and a consensus target price of $11.19.

Arhaus Stock Performance

Shares of ARHS opened at $8.99 on Wednesday. The firm has a market capitalization of $1.27 billion, a P/E ratio of 17.29, a P/E/G ratio of 4.78 and a beta of 2.51. Arhaus has a 52 week low of $6.61 and a 52 week high of $12.98. The stock has a 50 day moving average price of $10.80 and a two-hundred day moving average price of $10.71. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.64 and a current ratio of 1.34.

Hedge Funds Weigh In On Arhaus

Institutional investors and hedge funds have recently bought and sold shares of the company. State of Alaska Department of Revenue purchased a new stake in Arhaus in the third quarter worth $28,000. Larson Financial Group LLC grew its stake in shares of Arhaus by 89.8% during the 3rd quarter. Larson Financial Group LLC now owns 2,780 shares of the company’s stock worth $30,000 after acquiring an additional 1,315 shares during the period. Caitong International Asset Management Co. Ltd purchased a new stake in Arhaus in the 3rd quarter worth about $30,000. Global Retirement Partners LLC bought a new stake in Arhaus in the 4th quarter valued at about $39,000. Finally, Johnson Investment Counsel Inc. purchased a new stake in Arhaus during the third quarter valued at about $49,000. 27.88% of the stock is owned by institutional investors.

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.