Arhaus (NASDAQ:ARHS) Trading Down 6.3% – Here’s Why

Shares of Arhaus, Inc. (NASDAQ:ARHS) dropped 6.3% during mid-day trading on Monday . The stock traded as low as $8.22 and last traded at $8.0750. 46,933 shares changed hands during trading, a decline of 97% from the average session volume of 1,341,271 shares. The stock had previously closed at $8.62.

Analysts Set New Price Targets

A number of equities research analysts have commented on the company. Robert W. Baird set a $8.00 target price on Arhaus in a research report on Friday, May 8th. Jefferies Financial Group lowered their price target on Arhaus from $9.50 to $7.25 and set a “hold” rating for the company in a report on Tuesday, April 7th. Wall Street Zen raised Arhaus from a “sell” rating to a “hold” rating in a research report on Monday, June 22nd. Telsey Advisory Group set a $8.00 price objective on shares of Arhaus and gave the company a “market perform” rating in a report on Friday, May 8th. Finally, TD Cowen decreased their target price on shares of Arhaus from $9.00 to $8.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Three analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $9.58.

Arhaus Price Performance

The company’s 50-day moving average price is $7.00 and its 200-day moving average price is $8.35. The company has a quick ratio of 0.46, a current ratio of 1.25 and a debt-to-equity ratio of 0.14. The firm has a market cap of $1.14 billion, a price-to-earnings ratio of 17.20, a PEG ratio of 3.47 and a beta of 2.28.

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 firm had revenue of $314.28 million during the quarter, compared to analysts’ expectations of $313.97 million. During the same quarter in the previous year, the business posted $0.03 earnings per share. The business’s quarterly revenue was up .9% compared to the same quarter last year. On average, equities research analysts forecast that Arhaus, Inc. will post 0.47 EPS for the current year.

Hedge Funds Weigh In On Arhaus

Several institutional investors have recently modified their holdings of the business. Larson Financial Group LLC increased its position in shares of Arhaus by 89.8% during the third 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. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in 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 during the period. Deutsche Bank AG grew its stake in Arhaus by 4.6% during the 4th quarter. Deutsche Bank AG now owns 39,447 shares of the company’s stock worth $442,000 after purchasing an additional 1,725 shares in the last quarter. Entropy Technologies LP grew its stake in Arhaus by 7.0% during the 1st quarter. Entropy Technologies LP now owns 31,451 shares of the company’s stock worth $213,000 after purchasing an additional 2,049 shares in the last quarter. Finally, B. Metzler seel. Sohn & Co. AG increased its holdings in Arhaus by 1.9% during the 3rd quarter. B. Metzler seel. Sohn & Co. AG now owns 111,259 shares of the company’s stock worth $1,183,000 after purchasing an additional 2,070 shares during the period. Institutional investors and hedge funds 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.