Telsey Advisory Group Predicts Reduced Earnings for Arhaus

Arhaus, Inc. (NASDAQ:ARHS) – Research analysts at Telsey Advisory Group cut their FY2025 earnings per share estimates for Arhaus in a research note issued on Wednesday, February 26th. Telsey Advisory Group analyst C. Fernandez now anticipates that the company will earn $0.49 per share for the year, down from their prior estimate of $0.50. Telsey Advisory Group currently has a “Outperform” rating and a $11.00 target price on the stock. The consensus estimate for Arhaus’ current full-year earnings is $0.46 per share.

Several other equities research analysts have also recently commented on ARHS. Wedbush dropped their price objective on Arhaus from $11.00 to $10.00 and set a “neutral” rating on the stock in a research report on Friday, November 8th. Bank of America lowered shares of Arhaus from a “buy” rating to a “neutral” rating and dropped their target price for the stock from $15.00 to $11.00 in a research report on Thursday, November 7th. Stifel Nicolaus lowered their price objective on shares of Arhaus from $14.00 to $11.50 and set a “buy” rating for the company in a research report on Monday. Piper Sandler downgraded shares of Arhaus from an “overweight” rating to a “neutral” rating and reduced their target price for the company from $15.00 to $12.00 in a research note on Thursday, February 27th. Finally, Jefferies Financial Group raised their price target on shares of Arhaus from $9.50 to $10.00 and gave the stock a “hold” rating in a research note on Friday, January 10th. Six investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $11.59.

Arhaus Trading Up 3.2 %

NASDAQ ARHS opened at $9.26 on Monday. Arhaus has a 12 month low of $8.30 and a 12 month high of $19.81. The stock has a market cap of $1.30 billion, a P/E ratio of 16.54, a P/E/G ratio of 11.57 and a beta of 2.63. The stock’s fifty day moving average price is $11.18 and its 200-day moving average price is $10.82. The company has a current ratio of 1.23, a quick ratio of 0.52 and a debt-to-equity ratio of 0.17.

Institutional Trading of Arhaus

A number of institutional investors have recently modified their holdings of ARHS. Bank of America Corp DE boosted its stake in Arhaus by 1,532.9% in the 4th quarter. Bank of America Corp DE now owns 2,497,915 shares of the company’s stock worth $23,480,000 after purchasing an additional 2,672,239 shares in the last quarter. Wasatch Advisors LP boosted its stake in Arhaus by 26.6% during the 3rd quarter. Wasatch Advisors LP now owns 12,059,711 shares of the company’s stock worth $148,455,000 after purchasing an additional 2,536,075 shares during the last quarter. JPMorgan Chase & Co. boosted its stake in Arhaus by 1,808.2% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,962,232 shares of the company’s stock worth $24,155,000 after purchasing an additional 1,859,398 shares during the last quarter. Barclays PLC boosted its position in shares of Arhaus by 108.6% during the 4th quarter. Barclays PLC now owns 110,447 shares of the company’s stock valued at $1,038,000 after acquiring an additional 1,391,342 shares during the last quarter. Finally, Long Focus Capital Management LLC acquired a new position in shares of Arhaus during the 4th quarter valued at about $10,575,000. 27.88% of the stock is currently owned by institutional investors.

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.