What is William Blair's Forecast for Arhaus FY2025 Earnings?

Arhaus, Inc. (NASDAQ:ARHS - Free Report) - Investment analysts at William Blair lowered their FY2025 earnings estimates for shares of Arhaus in a research note issued on Thursday, May 8th. William Blair analyst P. Blee now anticipates that the company will post earnings of $0.41 per share for the year, down from their prior estimate of $0.49. The consensus estimate for Arhaus' current full-year earnings is $0.46 per share.

Arhaus (NASDAQ:ARHS - Get Free Report) last issued its quarterly earnings results on Thursday, May 8th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.06 by ($0.03). Arhaus had a return on equity of 24.92% and a net margin of 6.18%. The firm had revenue of $311.37 million for the quarter, compared to the consensus estimate of $314.76 million. During the same period last year, the firm earned $0.11 EPS. The company's revenue for the quarter was up 5.5% on a year-over-year basis.

A number of other equities research analysts have also recently issued reports on the stock. Guggenheim cut their price objective on shares of Arhaus from $14.00 to $12.00 and set a "buy" rating for the company in a research note on Friday, May 9th. Piper Sandler cut their price target on shares of Arhaus from $12.00 to $10.00 and set a "neutral" rating for the company in a research report on Monday, May 5th. Loop Capital decreased their price objective on Arhaus from $12.00 to $8.00 and set a "hold" rating on the stock in a report on Friday, May 9th. Baird R W lowered Arhaus from a "strong-buy" rating to a "hold" rating in a research note on Monday, April 7th. Finally, Morgan Stanley dropped their target price on Arhaus from $11.00 to $10.00 and set an "equal weight" rating for the company in a report on Friday, May 9th. Ten investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, Arhaus has an average rating of "Hold" and a consensus price target of $10.50.

Arhaus Price Performance

NASDAQ ARHS traded down $0.27 on Monday, reaching $8.45. 3,159,836 shares of the company's stock traded hands, compared to its average volume of 1,606,596. The stock has a market cap of $1.19 billion, a PE ratio of 15.09, a P/E/G ratio of 11.57 and a beta of 2.65. Arhaus has a 12 month low of $6.61 and a 12 month high of $19.81. The stock has a 50-day simple moving average of $8.40 and a 200 day simple moving average of $9.77. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.23 and a quick ratio of 0.52.

Hedge Funds Weigh In On Arhaus

Hedge funds have recently made changes to their positions in the business. Vanguard Group Inc. boosted its position in shares of Arhaus by 1.0% during the fourth quarter. Vanguard Group Inc. now owns 5,062,635 shares of the company's stock valued at $47,589,000 after purchasing an additional 50,250 shares in the last quarter. JPMorgan Chase & Co. lifted its position in Arhaus by 32.0% during the fourth quarter. JPMorgan Chase & Co. now owns 2,590,184 shares of the company's stock valued at $24,348,000 after buying an additional 627,952 shares during the period. Bank of America Corp DE boosted its holdings in shares of Arhaus by 1,532.9% during 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 buying an additional 2,672,239 shares in the last quarter. CenterBook Partners LP grew its position in shares of Arhaus by 145.8% in the 1st quarter. CenterBook Partners LP now owns 1,891,457 shares of the company's stock worth $16,456,000 after buying an additional 1,122,004 shares during the period. Finally, Emerald Advisers LLC grew its position in shares of Arhaus by 2.4% in the 1st quarter. Emerald Advisers LLC now owns 1,667,128 shares of the company's stock worth $14,504,000 after buying an additional 38,674 shares during the period. 27.88% of the stock is owned by hedge funds and other institutional investors.

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.