Reflections On The Past For Investors Today: Arhaus Inc (NASDAQ: ARHS)

Arhaus Inc (NASDAQ:ARHS) does about 1.28M shares in volume on a normal day but saw 1630134 shares change hands in Friday’s trading. The company now has a market cap of 2.29B USD. Its current market price is $16.32, marking an increase of 5.29% compared to the previous close of $15.50. The 52 week high reached by this stock is $16.60 whilst the lowest price level in 52 weeks is $6.52.

Arhaus Inc (ARHS) has a 20-day trading average at $13.94 and the current price is -1.69% off the 52-week high compared with 150.20% distance from its 52-week low. The 50-day simple moving average of the closing price is $14.57 and its 200-day simple moving average is $11.45. If we look at the stock’s price movements over the week, volatility stands at 6.38%, which decreases to 4.83% over 1 month. It is also key to look at other market indicators of price movement for the stock, where we see that the relative strength index (RSI) is at 66.69 to suggest the stock is neutral.

The consensus objective for the share price is $18.30, suggesting that the stock has a potential upside of 10.82% over the period.

The company shares received a number of brokerage firm price updates over the past month, with the latest being on May 10, 2024 when Telsey Advisory Group reiterated the stock to “Outperform” and issued a price target of between $17 and $18. Telsey Advisory Group reiterated its price target at $13-$15.

Arhaus Inc (ARHS) stock is up 24.01% over the week and 3.03% over the past month. Its price is 42.52% year-to-date and 93.68% over the past year.

To reach the target analysts have set, the stock logically needs to grow 10.82 percent from here.

The company has a return on investment of 14.69% and return on equity of 40.03%. The price to earnings ratio (P/E ratio) amounts to 21.54 while the forward price to earnings ratio is 18.43. The beta has a value of 2.53. Price to book ratio is 8.02 and price to sales ratio is 1.79.