In the latest session, Arhaus Inc (NASDAQ: ARHS) closed at $14.52 up 1.18% from its previous closing price of $14.35. In other words, the price has increased by $+0.17 from its previous closing price. On the day, 1653259 shares were traded. ARHS stock price reached its highest trading level at $14.72 during the session, while it also had its lowest trading level at $14.13.
Ratios:
For a deeper understanding of Arhaus Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 9.00 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.07. For the most recent quarter (mrq), Quick Ratio is recorded 0.78 and its Current Ratio is at 1.50. In the meantime, Its Debt-to-Equity ratio is 1.36 whereas as Long-Term Debt/Eq ratio is at 1.22.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Telsey Advisory Group on March 08, 2024, Reiterated its Outperform rating but revised its target price to $17 from $15 previously.
On March 01, 2024, Telsey Advisory Group reiterated its Outperform rating and also lowered its target price recommendation from $13 to $15.
On June 27, 2023, Craig Hallum started tracking the stock assigning a Buy rating and target price of $15.Craig Hallum initiated its Buy rating on June 27, 2023, with a $15 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Dec 08 ’23 when VELTRI KATHY E sold 75,000 shares for $9.32 per share. The transaction valued at 698,775 led to the insider holds 378,864 shares of the business.
Doody Alton F III sold 1,730 shares of ARHS for $16,055 on Nov 29 ’23. The Director now owns 52,401 shares after completing the transaction at $9.28 per share. On Nov 14 ’23, another insider, FS Capital Partners VI, LLC, who serves as the 10% Owner of the company, sold 4,446,659 shares for $8.39 each. As a result, the insider received 37,320,809 and left with 12,277,543 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, ARHS now has a Market Capitalization of 2.04B and an Enterprise Value of 2.28B. As of this moment, Arhaus’s Price-to-Earnings (P/E) ratio for their current fiscal year is 16.24, and their Forward P/E ratio for the next fiscal year is 16.30. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.58 while its Price-to-Book (P/B) ratio in mrq is 5.99. Its current Enterprise Value per Revenue stands at 1.77 whereas that against EBITDA is 10.02.
Stock Price History:
Over the past 52 weeks, ARHS has reached a high of $15.88, while it has fallen to a 52-week low of $6.52. The 50-Day Moving Average of the stock is 12.78, while the 200-Day Moving Average is calculated to be 10.61.
Shares Statistics:
For the past three months, ARHS has traded an average of 1.02M shares per day and 2.05M over the past ten days. A total of 53.17M shares are outstanding, with a floating share count of 38.86M. Insiders hold about 72.30% of the company’s shares, while institutions hold 27.72% stake in the company. Shares short for ARHS as of Feb 29, 2024 were 4.45M with a Short Ratio of 4.36, compared to 3.67M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 3.17% and a Short% of Float of 20.54%.
Earnings Estimates
There are 11 different market analysts currently analyzing its stock. On average, analysts expect EPS of $0.03 for the current quarter, with a high estimate of $0.13 and a low estimate of $0.01, while EPS last year was $0.25. The consensus estimate for the next quarter is $0.2, with high estimates of $0.24 and low estimates of $0.15.
Analysts are recommending an EPS of between $0.78 and $0.7 for the fiscal current year, implying an average EPS of $0.74. EPS for the following year is $0.89, with 11 analysts recommending between $0.98 and $0.78.
Revenue Estimates
A total of 9 analysts believe the company’s revenue will be $264.3M this quarter.It ranges from a high estimate of $270M to a low estimate of $261.5M. As of the current estimate, Arhaus Inc’s year-ago sales were $304.57M, an estimated decrease of -13.20% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $329.92M, an increase of 5.40% over than the figure of -$13.20% in the same quarter last year. There is a high estimate of $345M for the next quarter, whereas the lowest estimate is $319.7M.
A total of 11 analysts have provided revenue estimates for ARHS’s current fiscal year. The highest revenue estimate was $1.37B, while the lowest revenue estimate was $1.34B, resulting in an average revenue estimate of $1.35B. In the same quarter a year ago, actual revenue was $1.29B, up 5.20% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $1.49B in the next fiscal year. The high estimate is $1.51B and the low estimate is $1.47B. The average revenue growth estimate for next year is up 9.80% from the average revenue estimate for this year.
