Long Focus Capital Management LLC Raises Stock Position in Arhaus, Inc. $ARHS

Key Points

• Long Focus Capital Management LLC increased its holdings in Arhaus, Inc. by 35.2%, owning about 1.08% of the company with a value of $13.23 million at the end of Q1.
• Numerous institutional investors, including Bank of America and Barclays, significantly increased their stakes in Arhaus during the fourth quarter, indicating increased confidence in the company's prospects.
• Arhaus reported a quarterly earnings per share (EPS) of $0.25, surpassing analysts' expectations of $0.15, with a year-over-year revenue increase of 15.6%.

Long Focus Capital Management LLC raised its position in Arhaus, Inc. (NASDAQ:ARHS - Free Report) by 35.2% in the first quarter, according to its most recent disclosure with the SEC. The firm owned 1,520,800 shares of the company's stock after acquiring an additional 395,800 shares during the period. Long Focus Capital Management LLC owned approximately 1.08% of Arhaus worth $13,231,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently added to or reduced their stakes in the company. Bank of America Corp DE grew its stake in Arhaus by 1,532.9% in the fourth quarter. Bank of America Corp DE now owns 2,497,915 shares of the company's stock valued at $23,480,000 after acquiring an additional 2,672,239 shares during the period. CenterBook Partners LP raised its stake in shares of Arhaus by 145.8% in the first quarter. CenterBook Partners LP now owns 1,891,457 shares of the company's stock worth $16,456,000 after purchasing an additional 1,122,004 shares during the last quarter. Emerald Advisers LLC raised its stake in shares of Arhaus by 2.4% in the first quarter. Emerald Advisers LLC now owns 1,667,128 shares of the company's stock worth $14,504,000 after purchasing an additional 38,674 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of Arhaus by 13.7% in the fourth quarter. Wellington Management Group LLP now owns 1,400,356 shares of the company's stock worth $13,163,000 after purchasing an additional 168,800 shares during the last quarter. Finally, American Century Companies Inc. raised its stake in shares of Arhaus by 17.8% in the first quarter. American Century Companies Inc. now owns 1,184,953 shares of the company's stock worth $10,309,000 after purchasing an additional 179,042 shares during the last quarter. Institutional investors and hedge funds own 27.88% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have recently commented on ARHS shares. Stifel Nicolaus increased their price objective on Arhaus from $10.00 to $14.00 and gave the stock a "buy" rating in a research note on Friday, August 15th. Guggenheim cut their target price on Arhaus from $14.00 to $12.00 and set a "buy" rating on the stock in a research note on Friday, May 9th. Piper Sandler restated a "neutral" rating and issued a $11.00 target price (up previously from $9.00) on shares of Arhaus in a research note on Friday, August 8th. Wall Street Zen upgraded shares of Arhaus from a "sell" rating to a "hold" rating in a research note on Saturday, July 12th. Finally, Cowen restated a "buy" rating on shares of Arhaus in a research note on Friday, August 8th. Four research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and a consensus target price of $10.83.

Arhaus Stock Performance

Shares of ARHS stock traded up $0.17 during trading on Thursday, reaching $11.34. 611,639 shares of the company's stock traded hands, compared to its average volume of 1,964,251. The company has a market capitalization of $1.60 billion, a P/E ratio of 22.67, a PEG ratio of 6.68 and a beta of 2.59. 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 firm's 50-day moving average is $10.23 and its 200 day moving average is $9.31. Arhaus, Inc. has a 1 year low of $6.61 and a 1 year 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, beating analysts' consensus estimates of $0.15 by $0.10. The company had revenue of $358.44 million for the quarter, compared to analysts' expectations of $333.39 million. Arhaus had a net margin of 5.33% and a return on equity of 20.08%. Arhaus's revenue was up 15.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.16 EPS. Arhaus has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. Equities research analysts expect that Arhaus, Inc. will post 0.46 EPS for the current 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.