Analysts predict Arhaus Inc (ARHS) stock to reach $16 in the next 12 months

A share price of Arhaus Inc [ARHS] is currently trading at $15.85, down -2.70%. It is a good measure of the stock’s recent performance to check whether the stock’s short-term value is rising or falling. The ARHS shares have lost -3.41% over the last week, with a monthly amount drifted -9.38%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Arhaus Inc [NASDAQ: ARHS] stock has seen the most recent analyst activity on July 09, 2024, when Stifel initiated its Buy rating and assigned the stock a price target of $19.50. Previously, Jefferies downgraded its rating to Hold on July 08, 2024, and dropped its price target to $16. On May 10, 2024, Telsey Advisory Group reiterated its Outperform rating and revised its price target to $18 on the stock. Telsey Advisory Group reiterated its Outperform rating and increased its price target to $17 on March 08, 2024. Telsey Advisory Group reiterated its recommendation of a Outperform and raised its price target to $15 on March 01, 2024. Craig Hallum started tracking with a Buy rating for this stock on June 27, 2023, and assigned it a price target of $15. In a note dated April 05, 2023, TD Cowen initiated an Outperform rating and provided a target price of $11 on this stock.

Arhaus Inc experienced fluctuations in its stock price throughout the past year between $7.31 and $19.81. Currently, Wall Street analysts expect the stock to reach $16 within the next 12 months. Arhaus Inc [NASDAQ: ARHS] shares were valued at $15.85 at the most recent close of the market. An investor can expect a potential return of 0.95% based on the average ARHS price forecast.

Analyzing the ARHS fundamentals

Trailing Twelve Months sales for Arhaus Inc [NASDAQ:ARHS] were 1.28B which represents -3.09% decline. Gross Profit Margin for this corporation currently stands at 0.41% with Operating Profit Margin at 0.11%, Pretax Profit Margin comes in at 0.11%, and Net Profit Margin reading is 0.08%. To continue investigating profitability, this company’s Return on Assets is posted at 0.09, Equity is 0.35 and Total Capital is 0.19. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.68.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 15.57 points at the first support level, and at 15.29 for the second support level. However, for the 1st resistance point, the stock is sitting at 16.33, and for the 2nd resistance point, it is at 16.81.

Ratios To Look Out For

To put it in perspective, the Current Ratio for Arhaus Inc [NASDAQ:ARHS] is 1.21. Further, the Quick Ratio stands at 0.61, while the Cash Ratio is 0.53. Considering the valuation of this stock, the price to sales ratio is 1.74, the price to book ratio is 7.79 and price to earnings (TTM) ratio is 20.92.

Transactions by insiders

Recent insider trading involved Phillipson Dawn, Chief Financial Officer, that happened on Jun 10 ’24 when 0.15 million shares were sold. Chief Merchandising Officer, Chi Lisa completed a deal on Jun 07 ’24 to sell 500.0 shares. Meanwhile, Chief Merchandising Officer Chi Lisa sold 1500.0 shares on Jun 06 ’24.

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