Arhaus (NASDAQ:ARHS) Rating Lowered to “Sell” at Wall Street Zen

Arhaus (NASDAQ:ARHS) was downgraded by investment analysts at Wall Street Zen from a “hold” rating to a “sell” rating in a research report issued to clients and investors on Sunday.

Other equities analysts also recently issued reports about the stock. Piper Sandler dropped their target price on shares of Arhaus from $11.00 to $8.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. 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. Robert W. Baird set a $8.00 price objective on Arhaus in a research note on Friday, May 8th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Arhaus in a research report on Wednesday, June 17th. Finally, Stifel Nicolaus dropped their price target on Arhaus from $12.00 to $11.00 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’s stock. According to MarketBeat, Arhaus has an average rating of “Hold” and an average target price of $9.58.

Arhaus Trading Down 0.5%

Shares of ARHS traded down $0.04 during trading hours on Friday, reaching $7.86. 1,002,680 shares of the company traded hands, compared to its average volume of 1,239,824. The stock’s fifty day moving average price is $7.04 and its 200 day moving average price is $8.25. The company has a current ratio of 1.25, a quick ratio of 0.46 and a debt-to-equity ratio of 0.14. The firm has a market cap of $1.11 billion, a price-to-earnings ratio of 16.72, a PEG ratio of 3.16 and a beta of 2.28. Arhaus has a 12-month low of $5.57 and a 12-month high of $12.98.

Arhaus (NASDAQ:ARHS) last posted its quarterly earnings results on Thursday, May 7th. The company reported $0.02 EPS for the quarter, hitting the consensus estimate 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 for the quarter, compared to the consensus estimate of $313.97 million. During the same quarter last year, the firm posted $0.03 EPS. The firm’s revenue was up .9% compared to the same quarter last year. Sell-side analysts forecast that Arhaus will post 0.47 earnings per share for the current year.

Institutional Trading of Arhaus

Hedge funds have recently bought and sold shares of the stock. Wasatch Advisors LP boosted its position in Arhaus by 6.8% during the 2nd quarter. Wasatch Advisors LP now owns 12,703,259 shares of the company’s stock valued at $110,137,000 after acquiring an additional 811,337 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Arhaus by 1.4% in the 4th quarter. Vanguard Group Inc. now owns 5,143,024 shares of the company’s stock worth $57,653,000 after acquiring an additional 72,346 shares in the last quarter. Bank of America Corp DE raised its position in shares of Arhaus by 9.4% in the 2nd quarter. Bank of America Corp DE now owns 3,213,288 shares of the company’s stock worth $27,859,000 after acquiring an additional 275,835 shares in the last quarter. Renaissance Technologies LLC boosted its position in Arhaus by 10.7% during the fourth quarter. Renaissance Technologies LLC now owns 1,754,000 shares of the company’s stock valued at $19,662,000 after purchasing an additional 169,200 shares in the last quarter. Finally, Dimensional Fund Advisors LP grew its stake in Arhaus by 18.6% in the first quarter. Dimensional Fund Advisors LP now owns 1,179,268 shares of the company’s stock valued at $7,994,000 after purchasing an additional 185,208 shares during the last quarter. Hedge funds and other institutional investors own 27.88% of the company’s stock.

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.