Arhaus (NASDAQ:ARHS) Sets New 52-Week Low – Should You Sell?

by · The Cerbat Gem

Arhaus, Inc. (NASDAQ:ARHS – Get Free Report)’s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $5.57 and last traded at $5.7280, with a volume of 196011 shares. The stock had previously closed at $5.78.

Analyst Ratings Changes

Several brokerages have issued reports on ARHS. TD Cowen dropped their target price on Arhaus from $9.00 to $8.00 and set a “buy” rating on the stock in a research report on Monday, May 11th. Robert W. Baird set a $8.00 target price on Arhaus in a research report on Friday, May 8th. Telsey Advisory Group set a $8.00 target price on Arhaus and gave the company a “market perform” rating in a research report on Friday, May 8th. Jefferies Financial Group dropped their target price on Arhaus from $9.50 to $7.25 and set a “hold” rating on the stock in a research report on Tuesday, April 7th. Finally, Guggenheim dropped their target price on Arhaus from $14.00 to $12.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Three investment analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $9.58.

Read Our Latest Research Report on Arhaus

Arhaus Price Performance

The company has a current ratio of 1.25, a quick ratio of 0.46 and a debt-to-equity ratio of 0.14. The firm has a market cap of $904.44 million, a P/E ratio of 13.60, a PEG ratio of 1.34 and a beta of 2.40. The firm has a 50-day simple moving average of $6.85 and a 200-day simple moving average of $8.95.

Arhaus (NASDAQ:ARHS – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.02 earnings per share for the quarter, hitting analysts’ consensus estimates of $0.02. The firm had revenue of $314.28 million during the quarter, compared to analysts’ expectations of $313.97 million. Arhaus had a return on equity of 16.39% and a net margin of 4.67%.The business’s quarterly revenue was up .9% on a year-over-year basis. During the same quarter last year, the firm earned $0.03 EPS. As a group, analysts forecast that Arhaus, Inc. will post 0.47 EPS for the current year.

Hedge Funds Weigh In On Arhaus

Hedge funds and other institutional investors have recently modified their holdings of the stock. Balyasny Asset Management L.P. acquired a new position in Arhaus during the 4th quarter valued at approximately $10,962,000. Wasatch Advisors LP increased its stake in Arhaus by 6.8% during the 2nd quarter. Wasatch Advisors LP now owns 12,703,259 shares of the company’s stock valued at $110,137,000 after purchasing an additional 811,337 shares in the last quarter. CenterBook Partners LP increased its stake in Arhaus by 207.9% during the 3rd quarter. CenterBook Partners LP now owns 1,056,367 shares of the company’s stock valued at $11,229,000 after purchasing an additional 713,324 shares in the last quarter. Nuveen LLC increased its stake in Arhaus by 616.6% during the 4th quarter. Nuveen LLC now owns 751,950 shares of the company’s stock valued at $8,429,000 after purchasing an additional 647,020 shares in the last quarter. Finally, Simcoe Capital LLC acquired a new position in Arhaus during the 4th quarter valued at approximately $4,592,000. 27.88% of the stock is owned by hedge funds and other institutional investors.

About Arhaus

(Get Free Report)

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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