Analysts Set Arhaus, Inc. (NASDAQ:ARHS) Price Target at $15.25

Shares of Arhaus, Inc. (NASDAQ:ARHS) have earned an average rating of “Moderate Buy” from the eight research firms that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $15.25.

Several equities research analysts have recently commented on the company. Telsey Advisory Group increased their price objective on Arhaus from $15.00 to $17.00 and gave the company an “outperform” rating in a report on Thursday, March 7th. Bank of America lifted their price objective on shares of Arhaus from $14.50 to $17.00 and gave the company a “buy” rating in a research report on Wednesday, March 20th.

Arhaus Stock Performance

Shares of ARHS stock opened at $14.06 on Monday. The company has a debt-to-equity ratio of 0.16, a quick ratio of 0.78 and a current ratio of 1.50. Arhaus has a 52 week low of $6.75 and a 52 week high of $16.60. The company’s 50 day moving average price is $14.45 and its two-hundred day moving average price is $11.71. The company has a market capitalization of $1.97 billion, a P/E ratio of 15.80, a price-to-earnings-growth ratio of 2.46 and a beta of 2.42.

Arhaus (NASDAQ:ARHS) last issued its quarterly earnings data on Thursday, March 7th. The company reported $0.16 EPS for the quarter, hitting analysts’ consensus estimates of $0.16. The business had revenue of $344.01 million for the quarter, compared to analyst estimates of $336.73 million. Arhaus had a net margin of 9.73% and a return on equity of 42.60%. During the same period last year, the business posted $0.34 earnings per share. On average, analysts expect that Arhaus will post 0.75 earnings per share for the current fiscal year.

Arhaus Dividend Announcement

The business also recently announced a dividend, which was paid on Thursday, April 4th. Investors of record on Thursday, March 21st were issued a dividend of $0.50 per share. The ex-dividend date of this dividend was Wednesday, March 20th.

Institutional Investors Weigh In On Arhaus

A number of institutional investors have recently made changes to their positions in the company. Barclays PLC boosted its stake in Arhaus by 428,800.0% in the 2nd quarter. Barclays PLC now owns 4,289 shares of the company’s stock valued at $45,000 after purchasing an additional 4,288 shares during the period. DekaBank Deutsche Girozentrale bought a new stake in shares of Arhaus in the third quarter valued at about $53,000. National Bank of Canada FI grew its stake in shares of Arhaus by 647.1% in the fourth quarter. National Bank of Canada FI now owns 6,350 shares of the company’s stock valued at $74,000 after acquiring an additional 5,500 shares in the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its position in Arhaus by 68.0% during the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 8,979 shares of the company’s stock worth $106,000 after acquiring an additional 3,635 shares during the period. Finally, OMERS ADMINISTRATION Corp acquired a new stake in Arhaus in the 3rd quarter worth about $118,000. Institutional investors own 27.88% of the company’s stock.

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.