Arhaus (NASDAQ:ARHS) Price Target Cut to $11.00 by Analysts at Stifel Nicolaus

Arhaus (NASDAQ:ARHS) had its price target reduced by analysts at Stifel Nicolaus from $12.00 to $11.00 in a report issued on Monday,Benzinga reports. The firm currently has a “buy” rating on the stock. Stifel Nicolaus’ price objective suggests a potential upside of 68.97% from the stock’s current price.

ARHS has been the topic of several other reports. Telsey Advisory Group set a $8.00 price target on Arhaus and gave the company a “market perform” rating in a research note on Friday. Jefferies Financial Group lowered their price objective on shares of Arhaus from $9.50 to $7.25 and set a “hold” rating for the company in a research note on Tuesday, April 7th. TD Cowen dropped their target price on shares of Arhaus from $12.00 to $9.00 and set a “buy” rating on the stock in a research report on Monday, March 30th. Robert W. Baird set a $8.00 target price on shares of Arhaus in a research note on Friday. Finally, Guggenheim reduced their price target on shares of Arhaus from $14.00 to $12.00 and set a “buy” rating for the company in a report on Friday. Three research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, Arhaus presently has an average rating of “Hold” and an average price target of $9.69.

Arhaus Stock Performance

ARHS stock opened at $6.51 on Monday. The firm has a market cap of $918.69 million, a PE ratio of 13.85, a price-to-earnings-growth ratio of 1.37 and a beta of 2.40. 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 50-day moving average price of $7.25 and a 200-day moving average price of $9.26. Arhaus has a 1-year low of $6.17 and a 1-year high of $12.98.

Arhaus (NASDAQ:ARHS) last announced its earnings results on Thursday, May 7th. The company reported $0.02 EPS for the quarter, meeting the consensus estimate of $0.02. Arhaus had a return on equity of 16.09% and a net margin of 4.67%.The company had revenue of $314.28 million for the quarter, compared to analyst estimates of $313.97 million. During the same quarter in the prior year, the company earned $0.03 EPS. The firm’s revenue for the quarter was up .9% compared to the same quarter last year. As a group, equities research analysts expect that Arhaus will post 0.5 earnings per share for the current year.

Institutional Trading of Arhaus

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ARHS. Larson Financial Group LLC raised its stake in shares of Arhaus by 89.8% in the third quarter. Larson Financial Group LLC now owns 2,780 shares of the company’s stock worth $30,000 after purchasing an additional 1,315 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its holdings in shares of Arhaus by 4.5% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 30,478 shares of the company’s stock valued at $265,000 after purchasing an additional 1,326 shares in the last quarter. Deutsche Bank AG boosted its position 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 buying an additional 1,725 shares during the last quarter. AlphaQuest LLC grew its holdings in Arhaus by 68.2% during the third quarter. AlphaQuest LLC now owns 4,741 shares of the company’s stock worth $50,000 after buying an additional 1,922 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. AG grew its holdings in Arhaus by 1.9% during the third quarter. B. Metzler seel. Sohn & Co. AG now owns 111,259 shares of the company’s stock worth $1,183,000 after buying an additional 2,070 shares in the last quarter. 27.88% of the stock is 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.