Should Investors Trust The Upside Potential In Arhaus Inc (ARHS)?

Arhaus Inc (NASDAQ:ARHS) currently has a daily average trading volume of 1.35M but it saw 1368493 shares traded in last market. With a market cap of 1.36B USD, the company’s current market price of $9.71 came rising about 4.97 while comparing to the previous closing price of $9.25. In past 52 weeks, the stock remained buoying in the range of price level as high as $19.81 and as low as $8.20. In the recent trading on the day, stock has struck highest price mark of $9.25 while lowest mark touched by it was $9.855.

Taking a look at 20-day trading activity of Arhaus Inc (ARHS) gives us an average price of $9.14, while its current price level is -50.98% below from 52-week high level whereas it is 18.35% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $10.38 while that of 200 days or SMA-200 reads an average of $13.68. A closer look into the stock’s movement over the week reveals that its volatility is standing at 5.59% during that period while stretching the period over a month that increases to 5.66%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 52.60 which implies that the stock is in neutral territory.

The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the Telsey Advisory Group which downgraded the stock as “Market Perform” in its note to investors issued on November 08, 2024, recommending a price target of between $12 and $11 for it. BofA Securities downgraded its recommendation for the stock as a “Neutral” from “Buy” on November 07, 2024 while assigning a price target range of $15-$11. Craig Hallum also issued its recommendations for the stock as it downgraded the price target for the stock in the range of between $14 and $10.

Over the week, ARHS’s stock price is moving 0.21% up while it is 9.22% when we observe its performance for the past one month. Year-to-date it is -15.20% down and over the past year, the stock is showing an upside performance of 15.90%.

Currently, Arhaus Inc’s total number of outstanding shares is 53.17M. Company’s return on investment (ROI) stands at 9.94% and return on equity (ROE) at 24.95%. It has a price to earnings ratio (P/E ratio) of 17.40 while having a 21.03 of forward P/E ratio. Stock’s beta reads 2.58. Stock has a price to book (P/B) ratio of 4.26 while price to sale or P/S ratio amounts to 1.08. Its return on asset (ROA) is 6.76% on average.