Punch & Associates Investment Management Inc. Raises Holdings in Arhaus, Inc. $ARHS

Key Points

• Punch & Associates Investment Management Inc. increased its holdings in Arhaus, Inc. by 3.2%, owning 1,079,256 shares valued at approximately $9.39 million as of the end of the last quarter.
• Despite some analysts lowering their price targets, Arhaus has received a mix of ratings with four analysts rating it as a "Buy" and twelve issuing a "Hold" rating, reflecting a current average target price of $10.83.
• Arhaus reported earnings of $0.25 per share in its latest quarter, exceeding estimates, and showed a year-over-year revenue increase of 15.6%, highlighting positive financial performance amid analyst reassessments.

Punch & Associates Investment Management Inc. increased its stake in Arhaus, Inc. (NASDAQ:ARHS - Free Report) by 3.2% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,079,256 shares of the company's stock after acquiring an additional 33,592 shares during the period. Punch & Associates Investment Management Inc. owned approximately 0.77% of Arhaus worth $9,390,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank of America Corp DE lifted its stake in shares of Arhaus by 1,532.9% in the 4th quarter. Bank of America Corp DE now owns 2,497,915 shares of the company's stock valued at $23,480,000 after purchasing an additional 2,672,239 shares during the last quarter. 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 buying an additional 1,122,004 shares during the period. Long Focus Capital Management LLC lifted its position in Arhaus by 35.2% in the first quarter. Long Focus Capital Management LLC now owns 1,520,800 shares of the company's stock worth $13,231,000 after buying an additional 395,800 shares during the last quarter. Millennium Management LLC purchased a new position in Arhaus during the fourth quarter worth $3,563,000. Finally, Trexquant Investment LP bought a new position in Arhaus during the first quarter valued at $2,383,000. 27.88% of the stock is currently owned by hedge funds and other institutional investors.

Arhaus Trading Down 1.9%

NASDAQ:ARHS traded down $0.22 during midday trading on Tuesday, hitting $11.17. The stock had a trading volume of 1,235,945 shares, compared to its average volume of 1,968,637. The stock has a 50-day moving average of $10.43 and a 200 day moving average of $9.26. The company has a market capitalization of $1.57 billion, a price-to-earnings ratio of 22.34, a PEG ratio of 6.49 and a beta of 2.59. Arhaus, Inc. has a one year low of $6.61 and a one year high of $13.97. 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 (NASDAQ:ARHS - Get Free Report) last issued its earnings results on Thursday, August 7th. The company reported $0.25 earnings per share for the quarter, topping the consensus estimate of $0.15 by $0.10. The business had revenue of $358.44 million during the quarter, compared to analysts' expectations of $333.39 million. Arhaus had a return on equity of 20.08% and a net margin of 5.33%.The business's revenue for the quarter was up 15.6% compared to the same quarter last year. During the same period in the prior year, the business earned $0.16 EPS. Arhaus has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, sell-side analysts forecast that Arhaus, Inc. will post 0.46 EPS for the current year.

Analysts Set New Price Targets

ARHS has been the topic of several recent analyst reports. Piper Sandler reissued 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. Stifel Nicolaus increased their price objective on shares of Arhaus from $10.00 to $14.00 and gave the stock a "buy" rating in a research report on Friday, August 15th. Cowen reissued a "buy" rating on shares of Arhaus in a research note on Friday, August 8th. Morgan Stanley upped their target price on Arhaus from $10.00 to $12.50 and gave the company an "equal weight" rating in a research note on Friday, August 8th. Finally, Raymond James Financial started coverage on Arhaus in a report on Monday, June 9th. They issued a "market perform" rating on the stock. Four equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to data from MarketBeat.com, Arhaus presently has an average rating of "Hold" and an average price target of $10.83.

About Arhaus

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.