Arhaus (ARHS) to Release Quarterly Earnings on Thursday

Arhaus (NASDAQ:ARHS) is expected to release its earnings data 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 interested in registering for the company’s earnings conference call can do so using this link.

Arhaus Stock Performance

Arhaus stock opened at $9.26 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 stock has a fifty day moving average of $11.18 and a two-hundred day moving average of $10.82. The company has a market capitalization of $1.30 billion, a price-to-earnings ratio of 16.54, a PEG ratio of 11.57 and a beta of 2.63. Arhaus has a fifty-two week low of $8.30 and a fifty-two week high of $19.81.

Analyst Upgrades and Downgrades

Several research firms have weighed in on ARHS. Piper Sandler downgraded Arhaus from an “overweight” rating to a “neutral” rating and dropped their price target for the stock from $15.00 to $12.00 in a research report on Thursday, February 27th. Barclays dropped their price target on Arhaus from $15.00 to $13.00 and set an “overweight” rating for the company in a research report on Friday, November 8th. Stifel Nicolaus dropped their price target on Arhaus from $14.00 to $11.50 and set a “buy” rating for the company in a research report on Monday. Wedbush dropped their price target on Arhaus from $11.00 to $10.00 and set a “neutral” rating for the company in a research report on Friday, November 8th. Finally, Loop Capital assumed coverage on Arhaus in a research report on Friday, January 24th. They issued a “hold” rating and a $12.00 price objective for the company. Six investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $11.59.

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.