In a report released yesterday, Jeremy Hamblin from Craig-Hallum maintained a Hold rating on Arhaus. The company’s shares closed yesterday at $7.69.TipRanks Welcomes a New ETF – NYSE:RANK TipRanks has entered a new arena in the investing world, powering the index of an ETF based on its unique data now trading under the ticker RANK on the NYSE. RANK tracks the performance of the TipRanks US Momentum Analysts Index, a rules-based index of 50 large U.S. companies.
According to TipRanks, Hamblin is a 5-star analyst with an average return of 9.5% and a 51.32% success rate. Hamblin covers the Consumer Cyclical sector, focusing on stocks such as Red Robin Gourmet, El Pollo LoCo, and Citi Trends.
In addition to Craig-Hallum, Arhaus also received a Hold from Piper Sandler’s Peter Keith in a report issued yesterday. However, on the same day, William Blair maintained a Buy rating on Arhaus (NASDAQ: ARHS).
Based on Arhaus’ latest earnings release for the quarter ending March 31, the company reported a quarterly revenue of $314.28 million and a net profit of $2.22 million. In comparison, last year the company earned a revenue of $311.37 million and had a net profit of $4.88 million
