Arhaus Inc (ARHS) concluded trading on Thursday at a closing price of $9.70, with 5.28 million shares of worth about $51.19 million changed hands on the day. Half year performance of the stock remained negative as price took a plunge of -37.42% during that period and on November 07, 2024 the price saw a gain of about 6.36%. 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 14.39% in past 5 days and over the past one month there was a price change of -7.35%. Year-to-date (YTD), ARHS shares are showing a performance of -15.29% which increased to 10.92% when we look at its performance for past 12 months. Over the period of past 52 weeks, stock dropped to lowest price of $7.77 but also hit the highest price of $19.81 during that period. The average intraday trading volume for Arhaus Inc shares is 1.43 million. The stock is currently trading 6.48% above its 20-day simple moving average (SMA20), while that difference is down -9.38% for SMA50 and it goes to -29.22% lower than SMA200.
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Arhaus Inc (NASDAQ: ARHS) currently have 53.17M outstanding shares and institutions hold larger chunk of about 42.76% of that.
The stock has a current market capitalization of $1.36B and its 3Y-monthly beta is at 2.57. PE ratio of stock for trailing 12 months is 15.43, while it has posted earnings per share of $0.63 in the same period. Its PEG reads 1.72 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 8.06% while standing at 4.81% over the month.
Stock’s fiscal year EPS is expected to drop by -51.10% while it is estimated to increase by 18.32% in next year. EPS is likely to shrink at an annualized rate of 8.98% 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 BofA Securities on Nov-08-24 offering a Neutral rating for the stock and assigned a target price range of between $15 and $11 to it. Coverage by Craig Hallum stated Arhaus Inc (ARHS) stock as a Hold in their note to investors on October 15, 2024, suggesting a price target of $10 for the stock. On October 11, 2024, Wedbush Initiated their recommendations, while on July 09, 2024, Stifel Initiated their ratings for the stock with a price target of $19.50. Stock get a Hold rating from Jefferies on July 08, 2024.
