Arhaus (NASDAQ:ARHS) Upgraded at Zacks Research

Key Points

• Arhaus has been upgraded from a "hold" to a "strong-buy" rating by Zacks Research, indicating growing confidence in the company's future performance.
• Analysts have varying ratings on Arhaus, with one strong buy, four buys, and thirteen holds, reflecting a consensus target price of $10.92.
• In its latest quarterly earnings report, Arhaus reported a 15.6% year-over-year revenue increase and earnings per share of $0.25, surpassing estimates.

Arhaus (NASDAQ:ARHS - Get Free Report) was upgraded by investment analysts at Zacks Research from a "hold" rating to a "strong-buy" rating in a research note issued on Monday,Zacks.com reports.

A number of other analysts also recently weighed in on ARHS. Cowen reiterated a "buy" rating on shares of Arhaus in a report on Friday, August 8th. Weiss Ratings restated a "hold (c)" rating on shares of Arhaus in a research note on Saturday, September 27th. Piper Sandler restated a "neutral" rating and issued a $11.00 target price (up from $9.00) on shares of Arhaus in a research note on Friday, August 8th. Stifel Nicolaus raised their target price on Arhaus from $10.00 to $14.00 and gave the company a "buy" rating in a research note on Friday, August 15th. Finally, Gordon Haskett assumed coverage on Arhaus in a research note on Thursday, September 18th. They set a "hold" rating and a $12.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and thirteen have given a Hold rating to the company's stock. According to MarketBeat.com, the company currently has an average rating of "Hold" and a consensus target price of $10.92.

Arhaus Trading Down 2.0%

NASDAQ ARHS opened at $10.30 on Monday. The company has a quick ratio of 0.61, a current ratio of 1.33 and a debt-to-equity ratio of 0.14. Arhaus has a twelve month low of $6.61 and a twelve month high of $13.02. The company has a market cap of $1.45 billion, a price-to-earnings ratio of 20.60, a price-to-earnings-growth ratio of 5.99 and a beta of 2.54. The business's fifty day moving average is $11.14 and its 200 day moving average is $9.46.

Arhaus (NASDAQ:ARHS - Get Free Report) last released its quarterly earnings data on Thursday, August 7th. The company reported $0.25 earnings per share for the quarter, beating the consensus estimate of $0.15 by $0.10. The company had revenue of $358.44 million for the quarter, compared to the consensus estimate of $333.39 million. Arhaus had a return on equity of 20.08% and a net margin of 5.33%.Arhaus's revenue for the quarter was up 15.6% on a year-over-year basis. During the same quarter last year, the business posted $0.16 EPS. Arhaus has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts expect that Arhaus will post 0.46 EPS for the current fiscal year.

Institutional Investors Weigh In On Arhaus

A number of hedge funds have recently modified their holdings of ARHS. CenterBook Partners LP raised its holdings in Arhaus by 145.8% during the 1st quarter. CenterBook Partners LP now owns 1,891,457 shares of the company's stock valued at $16,456,000 after acquiring an additional 1,122,004 shares during the period. Wasatch Advisors LP raised its holdings 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 during the period. Maverick Capital Ltd. bought a new stake in Arhaus during the 2nd quarter valued at $4,691,000. Long Focus Capital Management LLC raised its holdings in Arhaus by 35.2% during the 1st quarter. Long Focus Capital Management LLC now owns 1,520,800 shares of the company's stock valued at $13,231,000 after acquiring an additional 395,800 shares during the period. Finally, Millennium Management LLC raised its holdings in Arhaus by 83.8% during the 1st quarter. Millennium Management LLC now owns 696,690 shares of the company's stock valued at $6,061,000 after acquiring an additional 317,631 shares during the period. Institutional investors own 27.88% of the company's stock.

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.

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