Arhaus, Inc. (ARHS) could be a great choice for investors looking to buy stocks that have gained strong momentum recently but are still trading at reasonable prices. It is one of the several stocks that made it through our 'Fast-Paced Momentum at a Bargain' screen.
ARH (NYSE:RH)aus (NASDAQ: ARH (NYSE:RH)S) saw web traffic rise 84% year on year in September as Jefferies set a $12 price target, implying near 20% upside. Web traffic for the third quarter rose more than 60% year on year, an acceleration on both one-year and two-year bases, while engagement has stayed above average since Jefferies upgraded the shares in mid-September.
Arhaus TodayARHSArhaus$9.57 +0.11 (+1.16%) As of 10:25 AM Eastern This is a fair market value price provided by Massive. Learn more.52-Week Range$5.57▼$12.08P/E Ratio19.33Price Target$10.22Add to WatchlistHome furnishings firm Arhaus Inc. NASDAQ: ARHS is one of the latest luxury retailers to show resilience in the face of broader consumer reluctance.
ARHS is deepening client engagement through interior design services, larger projects, customization and a distinctive furniture assortment.
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ARHS is pairing product innovation and customization with its signature design aesthetic to deepen luxury customer appeal.
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ARHS is accelerating its technology transformation, with TMS savings and faster POS deployment expected to improve efficiency and margins.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
Whether you're a value, growth, or momentum investor, finding strong stocks becomes easier with the Zacks Style Scores, a top feature of the Zacks Premium research service.
ARHS' showroom expansion is driving broad-based demand, with strong sales across regions and further growth opportunities.