Should I buy or sell Lovesac stock right now?

3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lovesac in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research 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?

3 analysts have issued 12-month target prices for Lovesac's shares. Their LOVE share price targets range from $34.00 to $36.00. On average, they expect the company's share price to reach $35.33 in the next twelve months. This suggests a possible upside of 73.6% 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 the year. Since then, LOVE stock has decreased by 20.4% and is now trading at $20.35. 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) released its quarterly earnings data on Thursday, April, 11th. The company reported $1.87 earnings per share for the quarter, missing the consensus estimate of $1.93 by $0.06. The business earned $250 million during the quarter, compared to analyst estimates of $265.35 million. Lovesac had a trailing twelve-month return on equity of 12.19% and a net margin of 3.39%. Lovesac's quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.74 earnings per share.

What ETF holds Lovesac's stock?

Invesco Nasdaq Future Gen 200 ETF holds 1,782 shares of LOVE stock, representing 0.55% of its portfolio.

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

Lovesac issued an update on its FY25 earnings guidance on Thursday, April, 11th. The company provided earnings per share (EPS) guidance of $1.06-$1.59 for the period, compared to the consensus EPS 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 a price of $13.00-$15.00 per share. Roth Capital Partners served as the underwriter for the IPO and Craig-Hallum Capital Group was co-manager.

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 .

NASDAQ:LOVE

Lovesac (LOVE) Stock Price, News & Analysis

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Free LOVE Stock Alerts

$20.35

+0.17 (+0.84%)

(As of 04/18/2024 ET)

Compare

Today's Range: $19.77
▼
$20.41
50-Day Range: $18.80
▼
$25.79
52-Week Range: $14.18
▼
$29.81

Volume: 379,558 shs
Average Volume: 441,577 shs
Market Capitalization: $315.22 million

P/E Ratio: 14.54
Dividend Yield: N/A
Price Target: $35.33

Get Lovesac alerts:

Lovesac MarketRank™ Stock Analysis

Analyst Rating: Buy
3.00 Rating Score
Upside/Downside: 73.6% Upside
$35.33 Price Target
Short Interest: Bearish
30.81% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.27
Based on 28 Articles This Week
Insider Trading: Selling Shares
$134,640 Sold 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.

3.96 out of 5 stars

Retail/Wholesale Sector

70th out of 200 stocks

Furniture Stores Industry

3rd out of 4 stocks

3.5

Analyst's Opinion

Consensus Rating
Lovesac has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 3 buy ratings, no hold ratings, and no sell ratings.
Amount of Analyst Coverage
Lovesac has only been the subject of 3 research reports in the past 90 days.

0.0

Short Interest

Percentage of Shares Shorted
30.81% of the float of Lovesac has been sold short.
Short Interest Ratio / Days to Cover
Lovesac has a short interest ratio ("days to cover") of 18, which indicates bearish sentiment.
Change versus previous month
Short interest in Lovesac has recently increased by 9.19%, indicating that investor sentiment is decreasing significantly.

0.0

Dividend Strength

Dividend Yield
Lovesac does not currently pay a dividend.
Dividend Growth
Lovesac does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for LOVE.

1.8

News and Social Media Coverage

News Sentiment
Lovesac has a news sentiment score of 0.27. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.49 average news sentiment score of Retail/Wholesale companies.
News Coverage This Week
MarketBeat has tracked 28 news articles for Lovesac this week, compared to 5 articles on an average week.
Search Interest
Only 10 people have searched for LOVE on MarketBeat in the last 30 days. This is a decrease of -9% compared to the previous 30 days.
MarketBeat Follows
Only 7 people have added Lovesac to their MarketBeat watchlist in the last 30 days. This is a decrease of -36% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Lovesac insiders have sold 86.12% more of their company's stock than they have bought. Specifically, they have bought $72,339.00 in company stock and sold $134,640.00 in company stock.
Percentage Held by Insiders
12.09% of the stock of Lovesac is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
91.32% of the stock of Lovesac is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

4.4

Earnings and Valuation

Earnings Growth
Earnings for Lovesac are expected to grow by 103.08% in the coming year, from $1.30 to $2.64 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Lovesac is 14.54, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 136.92.
Price to Earnings Ratio vs. Sector
The P/E ratio of Lovesac is 14.54, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 20.26.
Price to Earnings Growth Ratio
Lovesac has a PEG Ratio of 0.44. PEG Ratios below 1 indicate that a company could be undervalued.
Price to Book Value per Share Ratio
Lovesac has a P/B Ratio of 1.45. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

LOVE Stock News Headlines

April 12, 2024 | marketbeat.com

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.

April 12, 2024 | marketbeat.com

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.

April 19, 2024 | InvestorPlace (Ad)

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March 19, 2024 | insidertrades.com

Shawn David Nelson Sells 6,000 Shares of The Lovesac Company (NASDAQ:LOVE) Stock

April 19, 2024 | americanbankingnews.com

Lovesac (NASDAQ:LOVE) Now Covered by Maxim Group

April 18, 2024 | msn.com

Lovesac (LOVE) Price Target Decreased by 13.04% to 36.72

April 17, 2024 | msn.com

Is Lovesac’s (NASDAQ:LOVE) Recent Stock Slide Overdone?

April 17, 2024 | markets.businessinsider.com

Expert Ratings For Lovesac

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April 17, 2024 | finance.yahoo.com

Lovesac Announces Mother's Day Nomination Program

April 15, 2024 | americanbankingnews.com

The Lovesac Company Expected to Earn Q4 2025 Earnings of $2.19 Per Share (NASDAQ:LOVE)

April 14, 2024 | americanbankingnews.com

Lovesac (NASDAQ:LOVE) Price Target Cut to $36.00 by Analysts at Canaccord Genuity Group

April 13, 2024 | forbes.com

Why Lovesac Continues To Grow While Other Furniture Brands Falter

April 13, 2024 | msn.com

Lovesac (NASDAQ:LOVE) Rolls Out Earnings, Stock Craters

April 13, 2024 | americanbankingnews.com

Roth Capital Research Analysts Boost Earnings Estimates for The Lovesac Company (NASDAQ:LOVE)

April 12, 2024 | americanbankingnews.com

FY2025 EPS Estimates for The Lovesac Company Lifted by Analyst (NASDAQ:LOVE)

April 11, 2024 | markets.businessinsider.com

Lovesac Shrinks 17% In Pre-market As Q4 Results, Full-year Earnings Guidance Come In Below View

April 11, 2024 | msn.com

Why Is Home Furnishing Brand Lovesac Stock Plunging Today?

April 11, 2024 | marketwatch.com

Lovesac Stock Falls 13% on Wall Street Miss; Guides For Steeper-Than-Expected 1Q Loss

April 11, 2024 | finance.yahoo.com

Why Lovesac (LOVE) Stock Is Falling Today

April 11, 2024 | investorplace.com

LOVE Stock Earnings: Lovesac Misses EPS, Misses Revenue for Q4 2024

April 11, 2024 | benzinga.com

CarMax Reports Downbeat Earnings, Joins Lovesac And Other Big Stocks Moving Lower In Thursday's Pre-Market Session

April 11, 2024 | sfgate.com

Lovesac: Fiscal Q4 Earnings Snapshot

April 11, 2024 | msn.com

Lovesac GAAP EPS of $1.87 beats by $0.03, revenue of $250.5M misses by $13.85M

April 11, 2024 | marketwatch.com

Lovesac Posts Higher 4Q Sales, Profit

April 11, 2024 | markets.businessinsider.com

Lovesac Q4 Income Climbs, But Misses Estimates; Stock Down - Update

April 11, 2024 | msn.com

Lovesac shares under pressure as guidance disappoints

See More Headlines

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Company Calendar

Last Earnings: 4/11/2024
Today: 4/19/2024
Next Earnings (Estimated): 6/05/2024
Fiscal Year End: 1/31/2025

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Retail/Wholesale
Industry: Furniture stores
Sub-Industry: N/A
Current Symbol: NASDAQ:LOVE
CUSIP: N/A
CIK: 1701758
Web: www.lovesac.com
Phone: (207) 273-9733
Fax: N/A
Employees: 1,991
Year Founded: N/A

Price Target and Rating

Average Stock Price Target: $35.33
High Stock Price Target: $36.00
Low Stock Price Target: $34.00
Potential Upside/Downside: +73.6%
Consensus Rating: Buy
Rating Score (0-4): 3.00
Research Coverage: 3 Analysts

Profitability

EPS (Most Recent Fiscal Year): $1.40
Trailing P/E Ratio: 14.54
Forward P/E Ratio: 15.65
P/E Growth: 0.43
Net Income: $23.86 million
Net Margins: 3.39%
Pretax Margin: 4.54%
Return on Equity: 12.19%
Return on Assets: 5.36%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 2.02
Quick Ratio: 1.09

Sales & Book Value

Annual Sales: $700.27 million
Price / Sales: 0.45
Cash Flow: $2.49 per share
Price / Cash Flow: 8.18
Book Value: $14.04 per share
Price / Book: 1.45

Miscellaneous

Outstanding Shares: 15,490,000
Free Float: 13,617,000
Market Cap: $315.22 million
Optionable: Optionable
Beta: 2.87

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Key Executives

Mr. Shawn David Nelson (Age 47)
Founder, CEO & Director
Comp: $731.83k
Ms. Mary Fox (Age 51)
President & COO
Comp: $1.12M
Mr. Keith Robert Siegner (Age 49)
Executive VP & CFO
Mr. David Jensen
Chief Technology Officer
Ms. Carly Kawaja
Chief People Officer
Mr. John A. Legg (Age 62)
Chief Supply Chain Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

LOVE Stock Analysis - Frequently Asked Questions

Should I buy or sell Lovesac stock right now?: 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Lovesac in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street research 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?: 3 analysts have issued 12-month target prices for Lovesac's shares. Their LOVE share price targets range from $34.00 to $36.00. On average, they expect the company's share price to reach $35.33 in the next twelve months. This suggests a possible upside of 73.6% 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 the year. Since then, LOVE stock has decreased by 20.4% and is now trading at $20.35.
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) released its quarterly earnings data on Thursday, April, 11th. The company reported $1.87 earnings per share for the quarter, missing the consensus estimate of $1.93 by $0.06. The business earned $250 million during the quarter, compared to analyst estimates of $265.35 million. Lovesac had a trailing twelve-month return on equity of 12.19% and a net margin of 3.39%. Lovesac's quarterly revenue was up 4.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.74 earnings per share.
What ETF holds Lovesac's stock?: Invesco Nasdaq Future Gen 200 ETF holds 1,782 shares of LOVE stock, representing 0.55% of its portfolio.

What guidance has Lovesac issued on next quarter's earnings?: Lovesac issued an update on its FY25 earnings guidance on Thursday, April, 11th. The company provided earnings per share (EPS) guidance of $1.06-$1.59 for the period, compared to the consensus EPS 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 a price of $13.00-$15.00 per share. Roth Capital Partners served as the underwriter for the IPO and Craig-Hallum Capital Group was co-manager.
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 4/19/2024 by MarketBeat.com Staff

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Lovesac (LOVE) Stock Price, News & Analysis

Lovesac MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Lovesac Stock (NASDAQ:LOVE)

LOVE Stock Price History

LOVE Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

LOVE Stock Analysis - Frequently Asked Questions

Overall MarketRank^™