Telsey Advisory Group Cuts Arhaus (NASDAQ:ARHS) Price Target to $9.00

Key Points

• Telsey Advisory Group cut its price target on Arhaus (NASDAQ:ARHS) from $11.00 to $9.00
• Analyst views are mixed — TD Cowen also trimmed its target to $9 with a "buy," Jefferies cut to $7.25 with a "hold," while Morgan Stanley raised its target to $12 — the consensus remains a "Hold" with a $10.25 target.
• Arhaus recently beat expectations with Q4 EPS of $0.11 (vs. $0.10 est.) and revenue of $364.85M (vs. $351.53M), but the stock trades well below prior highs (opened at $7.58, 52-week range $6.17–$12.98) and has a market cap of about $1.07B.

Arhaus (NASDAQ:ARHS - Get Free Report) had its target price cut by equities research analysts at Telsey Advisory Group from $11.00 to $9.00 in a research note issued on Monday. The firm currently has a "market perform" rating on the stock. Telsey Advisory Group's price target indicates a potential upside of 18.73% from the company's previous close.

Other equities analysts have also issued reports about the stock. TD Cowen decreased their target price on shares of Arhaus from $12.00 to $9.00 and set a "buy" rating on the stock in a report on Monday, March 30th. Jefferies Financial Group decreased their target price on shares of Arhaus from $9.50 to $7.25 and set a "hold" rating on the stock in a report on Tuesday, April 7th. Stifel Nicolaus set a $12.00 target price on shares of Arhaus in a report on Monday, March 2nd. Finally, Morgan Stanley boosted their target price on shares of Arhaus from $10.50 to $12.00 and gave the company an "equal weight" rating in a report on Thursday, January 15th. Three equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the company's stock. According to MarketBeat.com, Arhaus presently has a consensus rating of "Hold" and a consensus target price of $10.25.

Arhaus Price Performance

Shares of ARHS opened at $7.58 on Monday. Arhaus has a 52-week low of $6.17 and a 52-week high of $12.98. The company has a market capitalization of $1.07 billion, a PE ratio of 15.79, a price-to-earnings-growth ratio of 1.57 and a beta of 2.40. The stock has a fifty day simple moving average of $7.34 and a two-hundred day simple moving average of $9.33. The company has a quick ratio of 0.62, a current ratio of 1.37 and a debt-to-equity ratio of 0.13.

Arhaus (NASDAQ:ARHS - Get Free Report) last issued its earnings results on Thursday, February 26th. The company reported $0.11 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.10 by $0.01. The business had revenue of $364.85 million during the quarter, compared to the consensus estimate of $351.53 million. Arhaus had a return on equity of 17.32% and a net margin of 4.88%.The company's revenue for the quarter was up 5.1% on a year-over-year basis. During the same period last year, the company earned $0.15 EPS. As a group, equities analysts forecast that Arhaus will post 0.51 EPS for the current year.

Hedge Funds Weigh In On Arhaus

Several hedge funds have recently bought and sold shares of ARHS. State of Alaska Department of Revenue acquired a new position in Arhaus during the 3rd quarter worth about $28,000. Larson Financial Group LLC lifted its stake in Arhaus by 89.8% during the 3rd quarter. Larson Financial Group LLC now owns 2,780 shares of the company's stock worth $30,000 after acquiring an additional 1,315 shares in the last quarter. Caitong International Asset Management Co. Ltd purchased a new stake in Arhaus during the 3rd quarter worth about $30,000. Global Retirement Partners LLC purchased a new stake in Arhaus during the 4th quarter worth about $39,000. Finally, Fifth Third Bancorp purchased a new stake in Arhaus during the 1st quarter worth about $40,000. Institutional investors and hedge funds own 27.88% of the company's stock.

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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