Arhaus (NASDAQ:ARHS) Given New $9.00 Price Target at TD Cowen

Arhaus (NASDAQ:ARHS) had its price objective decreased by research analysts at TD Cowen from $12.00 to $9.00 in a research report issued to clients and investors on Monday,Benzinga reports. The brokerage currently has a “buy” rating on the stock. TD Cowen’s target price points to a potential upside of 37.80% from the stock’s previous close.

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

Arhaus Stock Up 0.5%

NASDAQ:ARHS opened at $6.53 on Monday. The company has a market cap of $921.65 million, a price-to-earnings ratio of 13.65, a price-to-earnings-growth ratio of 1.35 and a beta of 2.54. Arhaus has a twelve month low of $6.43 and a twelve month high of $12.98. 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 fifty day simple moving average of $8.80 and a 200-day simple moving average of $9.94.

Arhaus (NASDAQ:ARHS) last posted its quarterly earnings results on Thursday, February 26th. The company reported $0.11 EPS for the quarter, topping 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 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 for the quarter was up 5.1% on a year-over-year basis. Analysts anticipate that Arhaus will post 0.46 EPS for the current year.

Hedge Funds Weigh In On Arhaus

A number of large investors have recently added to or reduced their stakes in the company. Larson Financial Group LLC raised its stake in Arhaus by 89.8% in the third quarter. Larson Financial Group LLC now owns 2,780 shares of the company’s stock valued at $30,000 after buying an additional 1,315 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake in shares of Arhaus by 4.5% during the first 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 during the last quarter. Deutsche Bank AG increased its holdings in shares of Arhaus by 4.6% during the fourth quarter. Deutsche Bank AG now owns 39,447 shares of the company’s stock valued at $442,000 after acquiring an additional 1,725 shares in the last quarter. AlphaQuest LLC increased its holdings in shares of Arhaus by 68.2% during the third quarter. AlphaQuest LLC now owns 4,741 shares of the company’s stock valued at $50,000 after acquiring an additional 1,922 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. AG raised its position in shares of Arhaus by 1.9% in the 3rd quarter. B. Metzler seel. Sohn & Co. AG now owns 111,259 shares of the company’s stock valued at $1,183,000 after purchasing an additional 2,070 shares during the last quarter. 27.88% of the stock is currently owned by institutional investors.

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.