Roth Capital Analysts Lift Earnings Estimates for Lovesac

The Lovesac Company (NASDAQ:LOVE) – Analysts at Roth Capital raised their Q4 2026 earnings estimates for Lovesac in a research report issued on Thursday, June 12th. Roth Capital analyst M. Koranda now anticipates that the company will post earnings per share of $2.39 for the quarter, up from their previous estimate of $2.17. The consensus estimate for Lovesac’s current full-year earnings is $0.39 per share. Roth Capital also issued estimates for Lovesac’s Q1 2027 earnings at ($0.85) EPS, Q2 2027 earnings at ($0.43) EPS, Q3 2027 earnings at ($0.24) EPS and Q4 2027 earnings at $2.60 EPS.

Several other equities research analysts also recently issued reports on the company. DA Davidson cut their price objective on Lovesac from $35.00 to $24.00 and set a “buy” rating on the stock in a report on Friday, April 11th. Canaccord Genuity Group cut their price target 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. 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. Finally, Oppenheimer restated an “outperform” rating and issued a $35.00 price objective on shares of Lovesac in a report on Friday, April 11th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock presently has an average rating of “Buy” and a consensus price target of $31.67.

Lovesac Stock Performance

Lovesac stock opened at $16.65 on Monday. The company has a market capitalization of $247.17 million, a PE ratio of 48.97, a price-to-earnings-growth ratio of 0.65 and a beta of 2.30. Lovesac has a fifty-two week low of $12.12 and a fifty-two week high of $39.49. The firm has a 50 day moving average price of $19.40 and a 200 day moving average price of $22.12.

Lovesac (NASDAQ:LOVE) last issued its earnings results on Thursday, June 12th. The company reported ($0.73) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.81) by $0.08. Lovesac had a return on equity of 3.51% and a net margin of 1.04%. The company had revenue of $138.37 million during the quarter, compared to analysts’ expectations of $137.20 million. During the same period in the prior year, the business earned ($0.83) EPS. The firm’s quarterly revenue was up 4.4% on a year-over-year basis.

Institutional Investors Weigh In On Lovesac

Institutional investors and hedge funds have recently made changes to their positions in the business. Bank of New York Mellon Corp raised its stake in shares of Lovesac by 9.3% during the fourth quarter. Bank of New York Mellon Corp now owns 489,613 shares of the company’s stock worth $11,584,000 after purchasing an additional 41,751 shares during the last quarter. American Century Companies Inc. increased its stake in Lovesac by 15.0% in the 4th quarter. American Century Companies Inc. now owns 436,790 shares of the company’s stock valued at $10,334,000 after buying an additional 56,989 shares during the period. Two Sigma Investments LP raised its position in Lovesac by 181.7% during the 4th quarter. Two Sigma Investments LP now owns 86,640 shares of the company’s stock worth $2,050,000 after buying an additional 55,881 shares during the last quarter. Man Group plc purchased a new position in Lovesac during the 4th quarter worth $327,000. Finally, Deutsche Bank AG lifted its stake in shares of Lovesac by 64.5% in the 4th quarter. Deutsche Bank AG now owns 81,843 shares of the company’s stock worth $1,936,000 after acquiring an additional 32,102 shares during the period. 91.32% of the stock is owned by hedge funds and other institutional investors.

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.