Research Analysts Issue Forecasts for Lovesac Q4 Earnings

The Lovesac Company (NASDAQ:LOVEFree Report) – Equities researchers at Roth Capital lifted their Q4 2026 earnings estimates for Lovesac in a research note issued to investors on Wednesday, June 11th. Roth Capital analyst M. Koranda now anticipates that the company will earn $2.17 per share for the quarter, up from their previous forecast of $2.00. The consensus estimate for Lovesac’s current full-year earnings is $0.39 per share. Roth Capital also issued estimates for Lovesac’s FY2027 earnings at $1.42 EPS.

A number of other equities analysts have also recently issued reports on the stock. Roth Mkm raised their price objective on shares of Lovesac from $22.00 to $28.00 and gave the company a “buy” rating in a research note on Friday, April 11th. Canaccord Genuity Group reduced their price objective on shares of Lovesac from $45.00 to $30.00 and set a “buy” rating on the stock in a research note on Friday, April 11th. DA Davidson reduced their price objective on shares of Lovesac from $35.00 to $24.00 and set a “buy” rating on the stock in a research note on Friday, April 11th. Finally, Oppenheimer reaffirmed an “outperform” rating and issued a $35.00 price objective on shares of Lovesac in a research note on Friday, April 11th. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat, the company has an average rating of “Buy” and a consensus target price of $31.67.

View Our Latest Stock Analysis on Lovesac

Lovesac Stock Performance

Shares of LOVE stock opened at $16.82 on Thursday. Lovesac has a 52-week low of $12.12 and a 52-week high of $39.49. The stock has a market cap of $249.69 million, a PE ratio of 49.47, a PEG ratio of 0.65 and a beta of 2.30. The firm’s 50 day moving average price is $19.32 and its two-hundred day moving average price is $22.47.

Lovesac (NASDAQ:LOVEGet Free Report) last released its quarterly earnings results on Thursday, June 12th. The company reported ($0.73) EPS for the quarter, beating the consensus estimate of ($0.84) by $0.11. Lovesac had a net margin of 1.04% and a return on equity of 3.51%. The business had revenue of $138.37 million for the quarter, compared to analysts’ expectations of $137.20 million. During the same period in the prior year, the firm earned ($0.83) earnings per share. Lovesac’s revenue was up 4.4% compared to the same quarter last year.

Institutional Investors Weigh In On Lovesac

A number of hedge funds and other institutional investors have recently made changes to their positions in LOVE. Empowered Funds LLC raised its holdings in shares of Lovesac by 5.0% during the fourth quarter. Empowered Funds LLC now owns 51,725 shares of the company’s stock worth $1,224,000 after acquiring an additional 2,441 shares during the period. New York State Common Retirement Fund increased its stake in Lovesac by 1,976.1% in the 4th quarter. New York State Common Retirement Fund now owns 118,795 shares of the company’s stock valued at $2,811,000 after buying an additional 113,073 shares during the last quarter. BCGM Wealth Management LLC increased its stake in Lovesac by 1.2% in the 4th quarter. BCGM Wealth Management LLC now owns 135,979 shares of the company’s stock valued at $3,217,000 after buying an additional 1,615 shares during the last quarter. Bank of New York Mellon Corp grew its position in shares of Lovesac by 9.3% in the 4th quarter. Bank of New York Mellon Corp now owns 489,613 shares of the company’s stock valued at $11,584,000 after acquiring an additional 41,751 shares during the period. Finally, Versor Investments LP grew its position in shares of Lovesac by 58.3% in the 4th quarter. Versor Investments LP now owns 14,086 shares of the company’s stock valued at $333,000 after acquiring an additional 5,186 shares during the period. 91.32% of the stock is currently owned by institutional investors and hedge funds.

About Lovesac

(Get Free Report)

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.

See Also

Earnings History and Estimates for Lovesac (NASDAQ:LOVE)

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