Analysts Set Arhaus, Inc. (NASDAQ:ARHS) Price Target at $10.12

Shares of Arhaus, Inc. (NASDAQ:ARHS) have been given a consensus rating of “Hold” by the eleven brokerages that are presently covering the firm, MarketBeat reports. Seven research analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $10.1250.

ARHS has been the subject of several recent analyst reports. Morgan Stanley raised their price objective on shares of Arhaus from $9.00 to $10.00 and gave the stock an “equal weight” rating in a research report on Friday, August 7th. Telsey Advisory Group increased their price target on Arhaus from $8.00 to $10.00 and gave the company a “market perform” rating in a research report on Friday, August 7th. Robert W. Baird set a $10.00 target price on shares of Arhaus in a research report on Friday, August 7th. Stifel Nicolaus decreased their price target 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, TD Cowen reduced their target price on shares of Arhaus from $9.00 to $8.00 and set a “buy” rating for the company in a research note on Monday, May 11th.

Arhaus Stock Performance

Shares of Arhaus stock opened at $9.24 on Thursday. Arhaus has a fifty-two week low of $5.57 and a fifty-two week high of $12.19. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.33 and a quick ratio of 0.60. The firm has a market capitalization of $1.31 billion, a P/E ratio of 18.48, a P/E/G ratio of 2.97 and a beta of 2.29. The company’s 50 day moving average price is $8.28 and its two-hundred day moving average price is $7.71.

Arhaus (NASDAQ:ARHS) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.16 by $0.12. Arhaus had a net margin of 4.91% and a return on equity of 17.23%. The firm had revenue of $384.90 million during the quarter, compared to the consensus estimate of $365.66 million. During the same quarter last year, the firm earned $0.25 earnings per share. The company’s revenue for the quarter was up 7.5% on a year-over-year basis. On average, equities analysts forecast that Arhaus will post 0.54 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

Large investors have recently bought and sold shares of the company. Wasatch Advisors LP grew its position in Arhaus by 6.8% during the second quarter. Wasatch Advisors LP now owns 12,703,259 shares of the company’s stock worth $110,137,000 after buying an additional 811,337 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Arhaus by 1.4% during the fourth 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 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 purchasing an additional 275,835 shares during the period. Renaissance Technologies LLC increased its holdings in shares of Arhaus by 10.7% in the fourth quarter. Renaissance Technologies LLC now owns 1,754,000 shares of the company’s stock worth $19,662,000 after buying an additional 169,200 shares during the period. Finally, Dimensional Fund Advisors LP increased its stake in Arhaus by 18.6% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,179,268 shares of the company’s stock worth $7,994,000 after purchasing an additional 185,208 shares during the period. 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.