As of Wednesday close, Arhaus Inc.’s (NASDAQ:ARHS) stock was down -$2.04, moving down -16.71 percent to $10.17. The average number of shares traded per day over the past five days has been 1,617,980 shares. 1 time new highs have been achieved over the past 5 days, with a -$2.44 fall in that time frame. In the last twenty days, the average volume was 1,100,775, while in the previous 50 days, it was 843,808.
Since last month, ARHS stock retreated -11.64%. Shares of the company fell to $10.09 on 08/16/23, the lowest level in the past month. A 52-week high of $15.27 was reached on 02/16/23 after having rallying from a 52-week low of $6.75. Since the beginning of this year, ARHS’s stock price has risen by 4.31% or $0.42, and marked a new high 16 times. However, the stock has declined by -33.40% since its 52-week high.
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Sponsored
ARHS stock investors should be aware that Arhaus Inc. (ARHS) stock had its last reported insider trading activity 13 days ago on Aug 04. Sparks Dawn, the Chief Logistics Officer of the company, disposed of 79,637 shares for $12.02 on Aug 04. It resulted in a $957,062 divestment by the insider. Sparks Dawn sold 70,363 shares at an average price of $12.00 on Aug 03. The insider now owns 310,456 shares following the transaction. On Mar 16, Director Doody Alton F III bought 11,500 shares at $8.84 apiece. The transaction was valued at $101,615.
Valuation Metrics
Right now, Arhaus Inc. (ARHS) has a P/E ratio of about 8.99. The stock’s beta is 2.47. Besides these, the trailing price-to-sales (P/S) ratio of 1.15, the price-to-book (PB) ratio of 4.94, and the price-to-cash flow ratio of 49.70 may also be considered.
Financial Health
In the three months ended June 29, Arhaus Inc.’s quick ratio stood at 0.70, while its current ratio was 1.50, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 29 was 0.19, and the total debt-to-equity ratio was 0.19. On the profitability front, the trailing twelve-month gross margin is 43.50% percent. In the year ended June 29, EBITDA margin amounted to 19.42%, whereas operating margins totaled 16.30%. Based on annual data, ARHS earned $525.06 million in gross profit and brought in $1.23 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 52.90%. Return on equity (ROE) for the past 12 months was 70.10%.
According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. ARHS’s revenue rose 1.87% to $304.57 million during the quarter, while net income inched up to $312.12 million. While analysts expected Arhaus Inc. to report $0.26 quarterly earnings, the actual figure was $0.29 per share, beating the consensus estimate by 11.50%. During the quarter, the company generated $75.22 million in EBITDA. The liabilities of Arhaus Inc. were 757.72 million at the end of its most recent quarter ended June 29, and its total debt was $449.18 million. The value of shareholders’ equity is $140.28 million.
Technical Picture
This quick technical analysis looks at Arhaus Inc.’s (ARHS) price momentum. With a historical volatility rate of 107.41%, the RSI 9-day stood at 33.14% on 16 August.
With respect to its five-day moving average, the current Arhaus Inc. price is down by -19.35% percent or -$2.44. At present, ARHS shares trade -11.49% below its 20-day simple moving average and +22.24% percent above its 100-day simple moving average. However, the stock is currently trading approximately +40.47% above its SMA50 and +24.63% above its SMA200.
Stochastic coefficient K was 40.94% and Stochastic coefficient D was 50.77%, while ATR was 0.79. Given the Stochastic reading of 2.74% for the 14-day period, the RSI (14) reading has been calculated as 39.83%. As of today, the MACD Oscillator reading stands at -0.37, while the 14-day reading stands at -0.27.
Analyst Ratings
Craig Hallum launched its rating on Arhaus Inc. (NASDAQ: ARHS) to a Buy in a note to investors on June 27, 2023. Arhaus Inc. (ARHS) has been rated Buy by analysts. According to 0 brokerage firms, ARHS is a sell, and 1 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate Arhaus Inc. stock as buy, with 7 recommending it as overweight.
With a median target price of $15.00, the current consensus forecast for the stock is $9.00 – $20.00. Based on these forecasts, analysts predict Arhaus Inc. (ARHS) will achieve an average price target of $14.89.
