Arhaus (NASDAQ:ARHS) Receives “Outperform” Rating from Telsey Advisory Group

Telsey Advisory Group reissued their outperform rating on shares of Arhaus (NASDAQ:ARHS) in a research note issued to investors on Wednesday morning,Benzinga reports. The firm currently has a $11.00 price objective on the stock.

A number of other equities research analysts also recently weighed in on the company. Jefferies Financial Group boosted their price target on Arhaus from $9.50 to $10.00 and gave the company a “hold” rating in a report on Friday, January 10th. Bank of America downgraded shares of Arhaus from a “buy” rating to a “neutral” rating and decreased their price objective for the stock from $15.00 to $11.00 in a report on Thursday, November 7th. Barclays dropped their target price on shares of Arhaus from $15.00 to $13.00 and set an “overweight” rating on the stock in a report on Friday, November 8th. Loop Capital initiated coverage on shares of Arhaus in a report on Friday, January 24th. They issued a “hold” rating and a $12.00 price target for the company. Finally, Stifel Nicolaus increased their price objective on shares of Arhaus from $13.00 to $14.00 and gave the stock a “buy” rating in a research note on Monday, January 13th. Five research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $12.18.

Arhaus Stock Down 8.1 %

NASDAQ:ARHS opened at $10.95 on Wednesday. The company has a debt-to-equity ratio of 0.17, a quick ratio of 0.52 and a current ratio of 1.23. The company has a market capitalization of $1.54 billion, a price-to-earnings ratio of 19.55, a price-to-earnings-growth ratio of 11.57 and a beta of 2.63. Arhaus has a one year low of $8.30 and a one year high of $19.81. The stock has a 50-day simple moving average of $11.19 and a 200 day simple moving average of $10.88.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of the company. Quantbot Technologies LP bought a new stake in shares of Arhaus during the third quarter valued at approximately $43,000. BNP Paribas Financial Markets acquired a new stake in Arhaus in the 4th quarter valued at approximately $58,000. KLP Kapitalforvaltning AS bought a new stake in Arhaus during the 4th quarter valued at $69,000. AlphaQuest LLC boosted its position in Arhaus by 190.2% during the 4th quarter. AlphaQuest LLC now owns 8,828 shares of the company’s stock worth $83,000 after acquiring an additional 5,786 shares during the period. Finally, Cetera Investment Advisers bought a new position in shares of Arhaus in the fourth quarter worth $99,000. 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.