Robert W. Baird Drops Arhaus Target Price from $12.00 to $11.00
May 12, 2023
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Investment analysts at Robert W. Baird recently released a research report in which they decreased the target price of Arhaus ($NASDAQ:ARHS) from $12.00 to $11.00. Arhaus is a home furnishings retailer that offers stylish and high-quality products at an accessible price point. The company has become renowned for combining style, quality, and value, making them the ideal choice for people looking to spruce up their homes. The downward shift in the target price of Arhaus comes as a result of Robert W. Baird’s analysis of their current market performance. Despite their strong reputation and seemingly steady business, Arhaus has recently been affected by declining sales due to the global pandemic.
The analysts at Robert W. Baird have taken this into consideration when determining their new target price of $11.00. Given the current climate, it remains to be seen how Arhaus will fare in the months to come. It is clear, however, that the market analysts at Robert W. Baird have lowered their target price in an effort to accurately reflect the company’s current performance.
Market Price
Despite the lowered price target, ARHAUS stock opened at $8.4 and closed at the same value, representing a 2.2% increase from its previous closing price of 8.2. The target price cut is an indication that the stock may experience further downward pressure in the near future. Arhaus_Target_Price_from_12.00_to_11.00″>Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Arhaus. More…
| Total Revenues | Net Income | Net Margin |
| 1.29k | 154.68 | 12.0% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Arhaus. More…
| Operations | Investing | Financing |
| 46.91 | -50.68 | -0.59 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Arhaus. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 965.89 | 720.79 | 1.51 |
Key Ratios Snapshot
Some of the financial key ratios for Arhaus are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 35.4% | 83.9% | 16.2% |
| FCF Margin | ROE | ROA |
| -0.3% | 57.3% | 13.5% |
Analysis
At GoodWhale, we have undertaken a review of the fundamentals of ARHAUS, and we have determined that it has a medium risk rating when it comes to financial and business considerations. We have identified one risk warning in the cashflow statement, but this is only available to our registered users. Therefore, we suggest that any investors wishing to invest in ARHAUS do so with caution, and only after carefully examining the available data. Arhaus_Target_Price_from_12.00_to_11.00″>More…
Peers
The company has a strong competition with other companies such as Haverty Furniture Companies Inc, RH, and Williams-Sonoma Inc. All of these companies offer similar products and services, making it difficult for Arhaus Inc to differentiate itself from the others.
However, Arhaus Inc has managed to remain successful by offering quality products and excellent customer service.
– Haverty Furniture Companies Inc ($NYSE:HVT)
Haverty Furniture Companies, Inc. is a retailer of home furnishings in the United States, with over 120 showrooms in 17 states. Founded in 1885, Havertys provides its customers with a wide selection of furniture, including living room, dining room, and bedroom sets, as well as mattresses, home decor, and accessories. The company’s website offers a virtual showroom, online ordering, and delivery options. Haverty Furniture Companies, Inc. is a publicly traded company listed on the New York Stock Exchange under the ticker symbol HVT. As of 2021, the company had a market capitalization of 447.4 million and a return on equity of 28.05%.
– RH ($NYSE:RH)
The company’s market cap is 6.06B as of 2022 and its ROE is 35.86%. The company is engaged in the business of providing healthcare services.
– Williams-Sonoma Inc ($NYSE:WSM)
Williams-Sonoma, Inc. is a multi-channel specialty retailer of high quality products for the home. It operates through two segments: E-commerce and Retail. The company’s products include cookware, tools, electrics, cutlery, tabletop and bar, outdoor, furniture, and a range of home decoration and gift items. Williams-Sonoma, Inc. was founded in 1956 and is headquartered in San Francisco, California.
Summary
Investment analysts at Robert W. Baird recently lowered the target price of ARHAUS stock to $11.00 per share, down from $12.00. This is likely to have an impact on investor sentiment and could lead to a decrease in the stock’s value. While the reasons for the price drop remain uncertain, investors should take this as a sign to review their current portfolio and consider reaping potential profits or cutting potential losses. At the same time, investors should remain alert and be open to new information as it emerges to inform their future decisions.
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