Arhaus, Inc. (ARHS) - What Are Investment Firms Thinking About This Stock?

Key Points

• Analyst sentiment is moderately positive: Ten brokerages give Arhaus a consensus “Moderate Buy” rating, with six buys, three holds and one strong buy. The average 12-month price target is $10.78.
• Recent operating results exceeded expectations: Arhaus reported quarterly EPS of $0.28 versus the $0.16 consensus estimate, while revenue rose 7.5% year over year to $384.9 million.
• Institutional ownership remains limited but has attracted new buyers: Institutional investors and hedge funds own 27.88% of the stock, while insiders own 1.18%; a company director recently sold 3,500 shares.

Shares of Arhaus, Inc. (NASDAQ:ARHS - Get Free Report) have earned a consensus rating of "Moderate Buy" from the ten brokerages that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, six have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $10.78.

Several equities analysts have weighed in on ARHS shares. Weiss Ratings raised Arhaus from a "hold (c-)" rating to a "hold (c)" rating in a research report on Monday, August 17th. Morgan Stanley raised their price target on shares of Arhaus from $9.00 to $10.00 and gave the stock an "equal weight" rating in a research note on Friday, August 7th. Jefferies Financial Group upgraded shares of Arhaus from a "hold" rating to a "buy" rating and lifted their price target for the stock from $9.50 to $10.00 in a report on Monday, September 21st. Craig Hallum raised shares of Arhaus from a "hold" rating to a "buy" rating and set a $12.00 price objective for the company in a research report on Thursday, August 6th. Finally, Wall Street Zen upgraded Arhaus from a "sell" rating to a "hold" rating in a research report on Monday, July 20th.

Insider Activity at Arhaus

In other news, Director Alton F. Doody III sold 3,500 shares of the firm's stock in a transaction dated Tuesday, September 8th. The stock was sold at an average price of $8.47, for a total value of $29,645.00. Following the transaction, the director directly owned 87,113 shares in the company, valued at $737,847.11. This trade represents a 3.86% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 1.18% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of ARHS. GAMMA Investing LLC lifted its holdings in shares of Arhaus by 85.0% during the 3rd quarter. GAMMA Investing LLC now owns 2,611 shares of the company's stock valued at $25,000 after acquiring an additional 1,200 shares in the last quarter. Entropy Technologies LP boosted its position in Arhaus by 7.0% during the 1st quarter. Entropy Technologies LP now owns 31,451 shares of the company's stock worth $213,000 after purchasing an additional 2,049 shares during the period. Ancora Advisors LLC purchased a new stake in Arhaus during the 2nd quarter worth $34,000. Fifth Third Bancorp acquired a new stake in Arhaus in the 1st quarter valued at $40,000. Finally, Abel Hall LLC acquired a new stake in Arhaus in the 1st quarter valued at $68,000. 27.88% of the stock is owned by institutional investors and hedge funds.

Arhaus Price Performance

Shares of NASDAQ ARHS opened at $12.54 on Tuesday. The company has a current ratio of 1.33, a quick ratio of 0.60 and a debt-to-equity ratio of 0.13. The company's 50-day moving average price is $9.57 and its 200 day moving average price is $8.36. Arhaus has a 52 week low of $5.57 and a 52 week high of $13.00. The stock has a market cap of $1.78 billion, a price-to-earnings ratio of 25.08, a PEG ratio of 3.28 and a beta of 2.29.

Arhaus (NASDAQ:ARHS - Get Free Report) last announced 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 company had revenue of $384.90 million for the quarter, compared to the consensus estimate of $365.66 million. During the same quarter in the prior year, the firm earned $0.25 earnings per share. The company's revenue for the quarter was up 7.5% compared to the same quarter last year. As a group, research analysts forecast that Arhaus will post 0.54 earnings per share for the current fiscal year.

Arhaus Company Profile

Arhaus, Inc is a lifestyle-focused retailer of luxury and artisan-inspired furniture and home furnishings. The company offers products for living rooms, bedrooms, dining areas, offices and outdoor spaces, along with lighting, rugs, textiles, wall art, mirrors, décor and other home accessories.

Arhaus combines retail showrooms with e-commerce and interior design services, providing products intended to support a coordinated approach to home furnishing. Its collections are developed through collaborations with designers and craftspeople and may incorporate materials such as reclaimed wood, natural stone, upholstery fabrics and other distinctive finishes.

Founded in 1986, Arhaus serves customers primarily in the United States through its stores, online platform and interior design professionals.

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