NASDAQ:LOVE

Lovesac (LOVE) Stock Price, News & Analysis

$23.38
+1.09 (+4.89%)
(As of 05/3/2024 ET)
Today's Range
$22.53
$23.56
50-Day Range
$18.80
$24.39
52-Week Range
$14.18
$29.81
Volume
375,242 shs
Average Volume
293,903 shs
Market Capitalization
$362.16 million
P/E Ratio
16.70
Dividend Yield
N/A
Price Target
$35.25

Lovesac MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
50.8% Upside
$35.25 Price Target
Short Interest
Bearish
26.89% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.41mentions of Lovesac in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$172,179 Bought Last Quarter
Proj. Earnings Growth
103.08%
From $1.30 to $2.64 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.59 out of 5 stars

Retail/Wholesale Sector

183rd out of 1,196 stocks

Furniture Stores Industry

7th out of 24 stocks

LOVE stock logo

About Lovesac Stock (NASDAQ:LOVE)

The Lovesac Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and other products comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans. The company markets its products primarily through www.lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, mobile concierges, kiosks, and street locations in 41 states in the United States; and in store pop-up- shops and shop-in-shops, and barter inventory transactions. The Lovesac Company was founded in 1995 and is based in Stamford, Connecticut.

LOVE Stock Price History

LOVE Stock News Headlines

Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
Furniture stocks The Lovesac Company NASDAQ: LOVE and Hooker Furnishings NASDAQ: HOFT are lower following their Q4 reports opening a buy-the-dip opportunity. Near-term headwinds hamper these stocks, but they are rapidly improving their operational quality and building leverage for a rebound expected to begin soon.
2 Stocks to Buy on The Dip: One a Value, the Other High-Yielding
The furniture business is down due to weakness in housing, but long-term indicators are favorable, and the FOMC is on track to cut rates, so a rebound is ahead.
Lovesac (NASDAQ:LOVE) Price Target Cut to $35.00
Gold Mania
Former Goldman VP Reveals Mysterious "Gold Bank" With Huge Upside Potential He says the gains in this should be far greater than just bullion or mining stocks. Some folks had the chance to see 995% the last time we shared this exact "bank". Most people know nothing about it (except the rich and elite).
Lovesac Squattoman Review
Expert Ratings For Lovesac
Lovesac Announces Mother's Day Nomination Program
Why Lovesac (LOVE) Stock Is Falling Today
See More Headlines
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Company Calendar

Last Earnings
4/11/2024
Today
5/03/2024
Next Earnings (Estimated)
6/05/2024
Fiscal Year End
1/31/2025

Industry, Sector and Symbol

Industry
Furniture stores
Sub-Industry
N/A
Current Symbol
NASDAQ:LOVE
Fax
N/A
Employees
1,991
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$35.25
High Stock Price Target
$36.00
Low Stock Price Target
$34.00
Potential Upside/Downside
+50.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
4 Analysts

Profitability

Net Income
$23.86 million
Pretax Margin
4.54%

Debt

Sales & Book Value

Annual Sales
$700.27 million
Cash Flow
$2.51 per share
Book Value
$14.04 per share

Miscellaneous

Free Float
13,617,000
Market Cap
$362.16 million
Optionable
Optionable
Beta
2.78
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LOVE Stock Analysis - Frequently Asked Questions

Should I buy or sell Lovesac stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lovesac in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LOVE shares.
View LOVE analyst ratings
or view top-rated stocks.

What is Lovesac's stock price target for 2024?

4 equities research analysts have issued 12 month price objectives for Lovesac's stock. Their LOVE share price targets range from $34.00 to $36.00. On average, they anticipate the company's stock price to reach $35.25 in the next year. This suggests a possible upside of 50.8% from the stock's current price.
View analysts price targets for LOVE
or view top-rated stocks among Wall Street analysts.

How have LOVE shares performed in 2024?

Lovesac's stock was trading at $25.55 at the beginning of 2024. Since then, LOVE shares have decreased by 8.5% and is now trading at $23.38.
View the best growth stocks for 2024 here
.

When is Lovesac's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, June 5th 2024.
View our LOVE earnings forecast
.

How were Lovesac's earnings last quarter?

The Lovesac Company (NASDAQ:LOVE) issued its earnings results on Thursday, April, 11th. The company reported $1.87 EPS for the quarter, missing the consensus estimate of $1.93 by $0.06. The business earned $250 million during the quarter, compared to analysts' expectations of $265.35 million. Lovesac had a trailing twelve-month return on equity of 12.19% and a net margin of 3.39%. The firm's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period last year, the business earned $1.74 earnings per share.

What guidance has Lovesac issued on next quarter's earnings?

Lovesac updated its FY25 earnings guidance on Thursday, April, 11th. The company provided earnings per share guidance of $1.06-$1.59 for the period, compared to the consensus estimate of $2.15. The company issued revenue guidance of $700-$770 million, compared to the consensus revenue estimate of $765.38 million.

What is Shawn Nelson's approval rating as Lovesac's CEO?

107 employees have rated Lovesac Chief Executive Officer Shawn Nelson on Glassdoor.com. Shawn Nelson has an approval rating of 68% among the company's employees.

What other stocks do shareholders of Lovesac own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lovesac investors own include Moderna (MRNA), Pfizer (PFE), Advanced Micro Devices (AMD), Carnival Co. & (CCL), Overstock.com (OSTK), Tesla (TSLA), NIO (NIO), NVIDIA (NVDA), Target (TGT) and AbbVie (ABBV).

When did Lovesac IPO?

Lovesac (LOVE) raised $46 million in an initial public offering (IPO) on Wednesday, June 27th 2018. The company issued 3,300,000 shares at $13.00-$15.00 per share. Roth Capital Partners served as the underwriter for the IPO and Craig-Hallum Capital Group was co-manager.

Who are Lovesac's major shareholders?

Lovesac's stock is owned by many different institutional and retail investors. Top institutional shareholders include BNP Paribas Financial Markets (0.38%) and Byrne Asset Management LLC (0.02%). Insiders that own company stock include Albert Jack Krause, Andrew R Heyer, Donna Dellomo, Keith R Siegner, Mary Fox, Satori Capital, Llc, Sharon M Leite, Shawn David Nelson, Shirley Romig, Stuart A Wevik and Walter Field Mclallen.
View institutional ownership trends
.

How do I buy shares of Lovesac?

Shares of LOVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LOVE) was last updated on 5/4/2024 by MarketBeat.com Staff

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