Arhaus Inc (ARHS) concluded trading on Thursday at a closing price of $10.59, with 2.68 million shares of worth about $28.41 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -31.50% during that period and on October 03, 2024 the price saw a loss of about -3.11%. Currently the company’s common shares owned by public are about 53.17M shares, out of which, 50.75M shares are available for trading.
Stock saw a price change of -15.48% in past 5 days and over the past one month there was a price change of -5.87%. Year-to-date (YTD), ARHS shares are showing a performance of -7.52% which increased to 23.13% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.31 but also hit the highest price of $19.81 during that period. The average intraday trading volume for Arhaus Inc shares is 1.30 million. The stock is currently trading -12.50% below its 20-day simple moving average (SMA20), while that difference is down -16.38% for SMA50 and it goes to -23.83% lower than SMA200.
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Arhaus Inc (NASDAQ: ARHS) currently have 53.17M outstanding shares and institutions hold larger chunk of about 42.39% of that.
The stock has a current market capitalization of $1.49B and its 3Y-monthly beta is at 2.54. PE ratio of stock for trailing 12 months is 16.85, while it has posted earnings per share of $0.63 in the same period. Its PEG reads 1.98 and has Quick Ratio of 0.55 while making debt-to-equity ratio of 1.69. Volatility of a stock is a metric used to know how much the price of that stock is under influence and for ARHS, volatility over the week remained 5.35% while standing at 5.04% over the month.
Stock’s fiscal year EPS is expected to drop by -47.69% while it is estimated to increase by 25.49% in next year. EPS is likely to shrink at an annualized rate of 8.50% for next 5-years, compared to annual growth of 81.22% made by the stock over the past 5-years.
Digging deeper we find that several firms have released their research notes about the support levels of the stock. Most recent of them is a note released by Stifel on July 09, 2024 offering a Buy rating for the stock and assigned a target price of $19.50 to it. Coverage by Jefferies stated Arhaus Inc (ARHS) stock as a Hold in their note to investors on July 08, 2024, suggesting a price target of $16 for the stock. On May 10, 2024, Telsey Advisory Group Reiterated their recommendations, while on March 08, 2024, Telsey Advisory Group Reiterated their ratings for the stock with a price target of $17. Stock get an Outperform rating from Telsey Advisory Group on March 01, 2024.
