Arhaus (ARHS) to Release Quarterly Earnings on Thursday

Arhaus (NASDAQ:ARHS - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Thursday, March 6th. Analysts expect Arhaus to post earnings of $0.12 per share and revenue of $350.88 million for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

Arhaus Stock Performance

Shares of Arhaus stock traded up $0.15 during trading on Friday, hitting $9.52. 3,375,426 shares of the company's stock traded hands, compared to its average volume of 1,915,037. Arhaus has a 1 year low of $8.30 and a 1 year high of $19.81. The business has a 50-day simple moving average of $11.19 and a 200-day simple moving average of $10.85. The stock has a market capitalization of $1.34 billion, a P/E ratio of 17.00, a PEG ratio of 11.57 and a beta of 2.63. The company has a debt-to-equity ratio of 0.17, a current ratio of 1.23 and a quick ratio of 0.52.

Analyst Ratings Changes

A number of analysts have recently commented on the stock. Telsey Advisory Group reiterated an "outperform" rating and issued a $11.00 price target on shares of Arhaus in a research note on Wednesday. Bank of America downgraded shares of Arhaus from a "buy" rating to a "neutral" rating and cut their target price for the stock from $15.00 to $11.00 in a research report on Thursday, November 7th. Stifel Nicolaus raised their price target on Arhaus from $13.00 to $14.00 and gave the stock a "buy" rating in a research note on Monday, January 13th. Wedbush cut their price objective on Arhaus from $11.00 to $10.00 and set a "neutral" rating for the company in a report on Friday, November 8th. Finally, Jefferies Financial Group increased their target price on Arhaus from $9.50 to $10.00 and gave the company a "hold" rating in a report on Friday, January 10th. Six investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $11.82.

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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.