What is Roth Capital’s Estimate for Lovesac FY2027 Earnings?

The Lovesac Company (NASDAQ:LOVE) – Analysts at Roth Capital issued their FY2027 EPS estimates for Lovesac in a research note issued to investors on Friday, December 13th. Roth Capital analyst M. Koranda expects that the company will post earnings of $1.32 per share for the year. The consensus estimate for Lovesac’s current full-year earnings is $1.09 per share.

Lovesac (NASDAQ:LOVE) last posted its quarterly earnings data on Thursday, December 12th. The company reported ($0.32) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.34) by $0.02. The business had revenue of $149.90 million during the quarter, compared to the consensus estimate of $155.26 million. Lovesac had a net margin of 1.41% and a return on equity of 4.83%. Lovesac’s quarterly revenue was down 2.7% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.15) EPS.

Several other research firms also recently issued reports on LOVE. DA Davidson dropped their price objective on shares of Lovesac from $44.00 to $35.00 and set a “buy” rating on the stock in a report on Friday. Craig Hallum boosted their price target on Lovesac from $30.00 to $35.00 and gave the company a “buy” rating in a research note on Friday, September 13th. Canaccord Genuity Group upped their price target on Lovesac from $36.00 to $45.00 and gave the company a “buy” rating in a report on Monday, December 2nd. Finally, Roth Mkm lifted their price objective on Lovesac from $35.00 to $42.00 and gave the stock a “buy” rating in a report on Tuesday, December 10th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has a consensus rating of “Buy” and a consensus target price of $38.33.

Lovesac Stock Up 2.3 %

Shares of NASDAQ:LOVE opened at $26.34 on Monday. The company has a market cap of $409.82 million, a price-to-earnings ratio of 51.65, a PEG ratio of 0.99 and a beta of 2.97. The business has a 50 day moving average price of $31.56 and a 200 day moving average price of $27.29. Lovesac has a twelve month low of $18.21 and a twelve month high of $39.49.

Insider Activity

In related news, Director Albert Jack Krause sold 10,000 shares of Lovesac stock in a transaction dated Thursday, October 3rd. The stock was sold at an average price of $26.22, for a total value of $262,200.00. Following the completion of the sale, the director now directly owns 177,849 shares in the company, valued at $4,663,200.78. This trade represents a 5.32 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. 12.33% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently made changes to their positions in the stock. Price T Rowe Associates Inc. MD boosted its stake in Lovesac by 8.2% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,633 shares of the company’s stock worth $218,000 after acquiring an additional 726 shares during the last quarter. BCGM Wealth Management LLC boosted its position in shares of Lovesac by 0.8% during the third quarter. BCGM Wealth Management LLC now owns 134,364 shares of the company’s stock worth $3,850,000 after purchasing an additional 1,023 shares in the last quarter. Meeder Asset Management Inc. acquired a new position in shares of Lovesac in the 2nd quarter valued at $43,000. Empowered Funds LLC increased its position in shares of Lovesac by 5.1% in the 3rd quarter. Empowered Funds LLC now owns 49,284 shares of the company’s stock valued at $1,412,000 after buying an additional 2,412 shares in the last quarter. Finally, Rhumbline Advisers raised its stake in Lovesac by 12.4% during the 2nd quarter. Rhumbline Advisers now owns 22,199 shares of the company’s stock worth $501,000 after buying an additional 2,449 shares during the period. Institutional investors and hedge funds own 91.32% of the company’s stock.

About Lovesac

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.