Arhaus (NASDAQ:ARHS) Hits New 52-Week Low on Analyst Downgrade

Key Points

• Arhaus hit a new 52-week low after Jefferies cut its price target from $9.50 to $7.25 and kept a hold rating; the stock traded as low as $6.17 and last at $6.27 on heavy volume (~1.32M shares).
• Analyst coverage is mixed but skewed toward caution — three Buys and nine Holds — giving a consensus Hold rating and a consensus target price of $10.69.
• Recent fundamentals showed a slight beat (Q EPS $0.11 vs. $0.10 and revenue $364.85M vs. $351.53M), and the company paid a $0.35 special dividend on March 31.

Arhaus, Inc. (NASDAQ:ARHS - Get Free Report) hit a new 52-week low on Wednesday after Jefferies Financial Group lowered their price target on the stock from $9.50 to $7.25. Jefferies Financial Group currently has a hold rating on the stock. Arhaus traded as low as $6.17 and last traded at $6.27, with a volume of 1318279 shares. The stock had previously closed at $6.49.

ARHS has been the topic of a number of other research reports. Stifel Nicolaus set a $12.00 target price on Arhaus in a research note on Monday, March 2nd. Telsey Advisory Group raised their price target on shares of Arhaus from $12.00 to $13.00 and gave the stock a "market perform" rating in a research report on Thursday, February 26th. Morgan Stanley raised their price target on shares of Arhaus from $10.50 to $12.00 and gave the stock an "equal weight" rating in a research report on Thursday, January 15th. TD Cowen lowered their price target on shares of Arhaus from $12.00 to $9.00 and set a "buy" rating on the stock in a research report on Monday, March 30th. Finally, Weiss Ratings reaffirmed a "hold (c)" rating on shares of Arhaus in a research report on Monday, December 29th. Three investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $10.69.

Hedge Funds Weigh In On Arhaus

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. State of Alaska Department of Revenue bought a new position in Arhaus in the 3rd quarter valued at about $28,000. Larson Financial Group LLC increased its holdings in Arhaus by 89.8% in the 3rd quarter. Larson Financial Group LLC now owns 2,780 shares of the company's stock valued at $30,000 after buying an additional 1,315 shares during the period. Caitong International Asset Management Co. Ltd bought a new position in Arhaus in the 3rd quarter valued at about $30,000. Global Retirement Partners LLC bought a new position in Arhaus in the 4th quarter valued at about $39,000. Finally, Johnson Investment Counsel Inc. bought a new position in Arhaus in the 3rd quarter valued at about $49,000. 27.88% of the stock is owned by institutional investors and hedge funds.

Arhaus Trading Down 3.4%

The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.62 and a current ratio of 1.37. The stock has a market capitalization of $884.82 million, a P/E ratio of 13.06, a price-to-earnings-growth ratio of 1.32 and a beta of 2.54. The firm's fifty day simple moving average is $8.24 and its 200 day simple moving average is $9.71.

Arhaus (NASDAQ:ARHS - Get Free Report) last released its earnings results on Thursday, February 26th. The company reported $0.11 EPS for the quarter, beating the consensus estimate of $0.10 by $0.01. Arhaus had a net margin of 4.88% and a return on equity of 17.32%. The firm had revenue of $364.85 million for the quarter, compared to analyst estimates of $351.53 million. During the same period last year, the firm earned $0.15 EPS. The business's quarterly revenue was up 5.1% compared to the same quarter last year. As a group, equities research analysts forecast that Arhaus, Inc. will post 0.46 EPS for the current fiscal year.

Arhaus Announces Dividend

The firm also recently declared a special dividend, which was paid on Tuesday, March 31st. Stockholders of record on Wednesday, March 18th were paid a $0.35 dividend. The ex-dividend date was Wednesday, March 18th.

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.

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