Weiss Ratings Reaffirms Hold (C) Rating for Arhaus (NASDAQ:ARHS)

Key Points

• Weiss Ratings has reaffirmed a "hold (c)" rating for Arhaus (NASDAQ:ARHS) while other analysts have varied opinions, with one upgrading the stock to a "strong-buy" rating.
• Arhaus reported a 15.6% increase in revenue year-over-year for the last quarter, with earnings per share exceeding estimates at $0.25.
• The stock is currently priced at $10.46, with a market cap of $1.47 billion and an average target price from analysts set at $11.00.

Arhaus (NASDAQ:ARHS - Get Free Report)'s stock had its "hold (c)" rating restated by analysts at Weiss Ratings in a research report issued to clients and investors on Friday,Weiss Ratings reports.

Other equities analysts also recently issued research reports about the company. 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. Zacks Research upgraded Arhaus from a "hold" rating to a "strong-buy" rating in a research note on Monday, October 6th. Cowen reiterated a "buy" rating on shares of Arhaus in a research note on Friday, August 8th. Gordon Haskett assumed coverage on Arhaus in a research report on Thursday, September 18th. They issued a "hold" rating and a $12.00 target price for the company. Finally, Morgan Stanley raised their target price on Arhaus from $10.00 to $12.50 and gave the stock an "equal weight" rating in a research report on Friday, August 8th. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and twelve have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average price target of $11.00.

Arhaus Stock Up 0.6%

ARHS stock traded up $0.06 during mid-day trading on Friday, reaching $10.46. 1,054,699 shares of the company traded hands, compared to its average volume of 1,933,970. The stock has a market cap of $1.47 billion, a price-to-earnings ratio of 20.92, a P/E/G ratio of 5.89 and a beta of 2.54. 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 fifty-two week low of $6.61 and a fifty-two week high of $13.02. The firm's 50 day moving average price is $11.09 and its 200 day moving average price is $9.59.

Arhaus (NASDAQ:ARHS - Get Free Report) last announced its earnings results on Thursday, August 7th. The company reported $0.25 earnings per share for the quarter, topping analysts' consensus estimates of $0.15 by $0.10. Arhaus had a return on equity of 20.08% and a net margin of 5.33%.The firm had revenue of $358.44 million for the quarter, compared to the consensus estimate of $333.39 million. During the same quarter in the previous year, the business earned $0.16 EPS. The company's revenue was up 15.6% compared to the same quarter last year. Arhaus has set its Q3 2025 guidance at EPS. FY 2025 guidance at EPS. As a group, equities research analysts predict that Arhaus will post 0.46 EPS for the current fiscal year.

Institutional Investors Weigh In On Arhaus

Institutional investors have recently made changes to their positions in the stock. Goldman Sachs Group Inc. lifted its position in shares of Arhaus by 24.1% during the first quarter. Goldman Sachs Group Inc. now owns 620,508 shares of the company's stock worth $5,398,000 after acquiring an additional 120,314 shares in the last quarter. Hsbc Holdings PLC purchased a new stake in shares of Arhaus during the first quarter worth $176,000. Russell Investments Group Ltd. lifted its position in shares of Arhaus by 11.8% during the first quarter. Russell Investments Group Ltd. now owns 71,957 shares of the company's stock worth $626,000 after acquiring an additional 7,607 shares in the last quarter. GAMMA Investing LLC lifted its position in shares of Arhaus by 185.1% during the second quarter. GAMMA Investing LLC now owns 3,150 shares of the company's stock worth $27,000 after acquiring an additional 2,045 shares in the last quarter. Finally, Envestnet Asset Management Inc. lifted its position in shares of Arhaus by 34.6% during the first quarter. Envestnet Asset Management Inc. now owns 77,151 shares of the company's stock worth $671,000 after acquiring an additional 19,842 shares in the last quarter. Hedge funds and other institutional investors own 27.88% of the company's stock.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.