Brokerages Set Arhaus, Inc. (NASDAQ:ARHS) Target Price at $9.58

Shares of Arhaus, Inc. (NASDAQ:ARHS) have been given a consensus recommendation of “Hold” by the eleven brokerages that are presently covering the stock, Marketbeat.com reports. Eight investment analysts have rated the stock with a hold rating and three have issued a buy rating on the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $9.5833.

Several equities research analysts have recently commented on ARHS shares. TD Cowen reduced their price target on shares of Arhaus from $9.00 to $8.00 and set a “buy” rating for the company in a report on Monday, May 11th. Jefferies Financial Group reduced their price target on shares of Arhaus from $9.50 to $7.25 and set a “hold” rating for the company in a report on Tuesday, April 7th. Piper Sandler reduced their price target on shares of Arhaus from $11.00 to $8.00 and set a “neutral” rating for the company in a report on Monday, May 11th. Telsey Advisory Group set a $8.00 price target on shares of Arhaus and gave the company a “market perform” rating in a report on Friday, May 8th. Finally, Robert W. Baird set a $8.00 price target on shares of Arhaus in a report on Friday, May 8th.

Arhaus Trading Down 2.2%

Shares of ARHS opened at $5.75 on Tuesday. Arhaus has a 1-year low of $5.63 and a 1-year high of $12.98. The company has a 50-day moving average of $6.98 and a 200 day moving average of $9.08. The firm has a market capitalization of $813.86 million, a price-to-earnings ratio of 12.23, a PEG ratio of 1.29 and a beta of 2.40. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.25 and a quick ratio of 0.62.

Arhaus (NASDAQ:ARHS) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.02 earnings per share for the quarter, meeting analysts’ consensus estimates of $0.02. Arhaus had a net margin of 4.67% and a return on equity of 16.39%. The company had revenue of $314.28 million during the quarter, compared to analyst estimates of $313.97 million. During the same quarter last year, the business posted $0.03 EPS. The firm’s revenue for the quarter was up .9% on a year-over-year basis. On average, research analysts expect that Arhaus will post 0.47 EPS for the current year.

Arhaus Dividend Announcement

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

Institutional Investors Weigh In On Arhaus

Large investors have recently modified their holdings of the business. State of Alaska Department of Revenue bought a new stake in shares of Arhaus in the 3rd quarter valued at about $28,000. Larson Financial Group LLC raised 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 in the last quarter. Caitong International Asset Management Co. Ltd bought a new position in shares of Arhaus during the 3rd quarter worth approximately $30,000. Global Retirement Partners LLC bought a new position in shares of Arhaus during the 4th quarter worth approximately $39,000. Finally, Johnson Investment Counsel Inc. bought a new position in shares of Arhaus during the 3rd quarter worth approximately $49,000. Institutional investors own 27.88% of the company’s stock.

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.