Arhaus, Inc. (NASDAQ:ARHS) Given Average Rating of "Hold" by Brokerages

Key Points

• Arhaus, Inc. has received an average rating of "Hold" from analysts, with eleven holding and four buying recommendations, and an average target price of $10.50.
• Institutional investors own 27.88% of Arhaus shares, with significant recent investments, including GAMMA Investing LLC increasing its position by 185.1%.
• Arhaus reported Q2 earnings of $0.25 EPS, surpassing estimates, along with a 15.6% year-over-year revenue increase to $358.44 million.

Arhaus, Inc. (NASDAQ:ARHS - Get Free Report) has been given an average recommendation of "Hold" by the fifteen analysts that are covering the firm, MarketBeat Ratings reports. Eleven analysts have rated the stock with a hold rating and four have given a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is $10.50.

ARHS has been the subject of several research analyst reports. Loop Capital dropped their price target on Arhaus from $12.00 to $8.00 and set a "hold" rating for the company in a research note on Friday, May 9th. Morgan Stanley upped their target price on Arhaus from $10.00 to $12.50 and gave the stock an "equal weight" rating in a research report on Friday, August 8th. Stifel Nicolaus decreased their target price on Arhaus from $11.50 to $10.00 and set a "buy" rating for the company in a research report on Monday, May 12th. Wall Street Zen raised Arhaus from a "sell" rating to a "hold" rating in a research report on Saturday, July 12th. Finally, Telsey Advisory Group reaffirmed a "market perform" rating and issued a $10.00 target price on shares of Arhaus in a research report on Monday, August 4th.

Institutional Trading of Arhaus

Institutional investors and hedge funds have recently bought and sold shares of the company. GAMMA Investing LLC raised its stake in Arhaus by 185.1% during the second quarter. GAMMA Investing LLC now owns 3,150 shares of the company's stock valued at $27,000 after buying an additional 2,045 shares in the last quarter. BNP Paribas Financial Markets acquired a new stake in Arhaus during the fourth quarter valued at approximately $58,000. KLP Kapitalforvaltning AS acquired a new stake in Arhaus during the fourth quarter valued at approximately $69,000. Cetera Investment Advisers acquired a new stake in Arhaus during the fourth quarter valued at approximately $99,000. Finally, Freestone Grove Partners LP acquired a new stake in Arhaus during the fourth quarter valued at approximately $113,000. Institutional investors and hedge funds own 27.88% of the company's stock.

Arhaus Trading Up 4.6%

NASDAQ:ARHS traded up $0.56 on Friday, hitting $12.69. 2,025,804 shares of the stock were exchanged, compared to its average volume of 1,963,457. The stock has a market cap of $1.79 billion, a PE ratio of 25.37, a PEG ratio of 6.42 and a beta of 2.56. The company has a current ratio of 1.33, a quick ratio of 0.61 and a debt-to-equity ratio of 0.14. The stock has a fifty day moving average of $9.16 and a 200-day moving average of $9.33. Arhaus has a fifty-two week low of $6.61 and a fifty-two week high of $13.97.

Arhaus (NASDAQ:ARHS - Get Free Report) last announced its quarterly earnings results on Thursday, August 7th. The company reported $0.25 EPS for the quarter, topping the consensus estimate of $0.15 by $0.10. The company had revenue of $358.44 million during the quarter, compared to analyst estimates of $333.39 million. Arhaus had a return on equity of 20.08% and a net margin of 5.33%. The firm's revenue was up 15.6% on a year-over-year basis. During the same period in the prior year, the firm posted $0.16 earnings per share. As a group, equities analysts expect that Arhaus will post 0.46 earnings per share for the current fiscal year.

Arhaus Company Profile

Arhaus, Inc operates as a lifestyle brand and premium retailer in the home furnishings market in the United States. It provides merchandise assortments across various categories, including furniture, lighting, textiles, décor, and outdoor. The company's furniture products comprise bedroom, dining room, living room, and home office furnishings, which includes sofas, dining tables and chairs, accent chairs, console and coffee tables, beds, headboards, dressers, desks, bookcases, modular storage, and other items; and outdoor products, such as outdoor dining tables, chairs, chaises and other furniture, lighting, textiles, décor, umbrellas, and fire pits.