In the last trading session, 2.73 million shares of the Arhaus Inc (NASDAQ:ARHS) were traded, and its beta was 2.69. Most recently the company’s share price was $9.26, and it changed around $0.29 or 3.23% from the last close, which brings the market valuation of the company to $1.30B. ARHS currently trades at a discount to its 52-week high of $19.81, offering almost -113.93% off that amount. The share price’s 52-week low was $8.30, which indicates that the current value has risen by an impressive 10.37% since then.
Arhaus Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.29. If we narrow it down even further, the data shows that 0 out of 14 analysts rate the stock as a Sell; another 1 rate it as Overweight. Among the rest, 8 recommended ARHS as a Hold, whereas 5 deemed it a Buy, and 0 rated it as Underweight. Arhaus Inc is expected to report earnings per share of 0.06 for the current quarter.
Arhaus Inc (NASDAQ:ARHS) trade information
Instantly ARHS has showed a green trend with a performance of 3.23% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 12.13 on recent trading dayincreased the stock’s daily price by 23.66%. The company’s shares are currently down -1.49% year-to-date, but still down -22.25% over the last five days. On the other hand, Arhaus Inc (NASDAQ:ARHS) is -24.59% down in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $11, which translates to bulls needing to increase their stock price by 15.82% from its current value. Analyst projections state that ARHS is forecast to be at a low of $9.5 and a high of $12.
Arhaus Inc (ARHS) estimates and forecasts
The year-over-year growth rate is expected to be 8.03%, up from the previous year.
Consensus estimates provided by 11 financial analysts predict the company will bring in an average of 314.76M in revenue for the current quarter. 11 analysts expect Arhaus Inc to make 334.37M in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 295.16M and 309.8M respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 6.64%. Forecasts for the next quarter put sales growth at 7.93%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 42.51%. Arhaus Inc earnings are expected to increase by -0.60% in 2025, but the outlook is positive 13.11% per year for the next five years.
ARHS Dividends
Arhaus Inc’s next quarterly earnings report is expected to be released in April.
CAPITAL RESEARCH GLOBAL INVESTORS, with 3.6183% or 5.07 million shares worth $85.8 million as of 2024-06-30, holds the second largest percentage of outstanding shares.
Smallcap World Fund and Wasatch Core Growth Fund were the top two Mutual Funds as of Sep 30, 2024 . The former held 4.91 shares worth $45.5 million, making up 9.19% of all outstanding shares. On the other hand, Wasatch Core Growth Fund held roughly 4.3 shares worth around $39.84 million, which represents about 8.05% of the total shares outstanding.
