Arhaus (NASDAQ:ARHS) Rating Increased to Hold at Wall Street Zen

Wall Street Zen upgraded shares of Arhaus (NASDAQ:ARHS) from a sell rating to a hold rating in a research report released on Monday morning.

A number of other research firms have also recently issued reports on ARHS. Weiss Ratings reiterated a “hold (c-)” rating on shares of Arhaus in a research note on Wednesday, June 17th. TD Cowen dropped their price target on shares of Arhaus from $9.00 to $8.00 and set a “buy” rating on the stock in a research note on Monday, May 11th. Guggenheim cut their price target on shares of Arhaus from $14.00 to $12.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Stifel Nicolaus reduced their price objective on shares of Arhaus from $12.00 to $11.00 and set a “buy” rating for the company in a research note on Monday, May 11th. Finally, Telsey Advisory Group set a $8.00 price objective on shares of Arhaus and gave the stock a “market perform” rating in a report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $9.58.

Arhaus Stock Performance

Shares of ARHS stock opened at $7.48 on Monday. Arhaus has a fifty-two week low of $5.57 and a fifty-two week high of $12.98. The stock’s 50-day moving average is $7.13 and its two-hundred day moving average is $8.06. The company has a debt-to-equity ratio of 0.14, a current ratio of 1.25 and a quick ratio of 0.46. The firm has a market cap of $1.06 billion, a P/E ratio of 15.92, a PEG ratio of 3.10 and a beta of 2.28.

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

Hedge Funds Weigh In On Arhaus

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ARHS. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its position 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 during the period. Millennium Management LLC boosted its holdings in shares of Arhaus by 83.8% during the 1st quarter. Millennium Management LLC now owns 696,690 shares of the company’s stock worth $6,061,000 after buying an additional 317,631 shares during the period. Goldman Sachs Group Inc. grew its stake in Arhaus by 24.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 620,508 shares of the company’s stock valued at $5,398,000 after buying an additional 120,314 shares during the last quarter. Hsbc Holdings PLC grew its stake in Arhaus by 73.3% in the 2nd quarter. Hsbc Holdings PLC now owns 35,299 shares of the company’s stock valued at $308,000 after buying an additional 14,927 shares during the last quarter. Finally, Quantbot Technologies LP bought a new position in Arhaus in the 2nd quarter worth $424,000. Institutional investors and hedge funds 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.