The Lovesac Company (NASDAQ:LOVE) Given Consensus Recommendation of “Moderate Buy” by Brokerages

The Lovesac Company (NASDAQ:LOVE) has been assigned a consensus recommendation of “Moderate Buy” from the six analysts that are currently covering the firm, Marketbeat reports. One investment analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among brokers that have covered the stock in the last year is $26.20.

A number of brokerages have issued reports on LOVE. Wall Street Zen cut Lovesac from a “hold” rating to a “strong sell” rating in a report on Saturday, December 13th. Canaccord Genuity Group reduced their price objective on shares of Lovesac from $30.00 to $24.00 and set a “buy” rating on the stock in a research note on Friday, December 12th. DA Davidson decreased their price objective on shares of Lovesac from $24.00 to $18.00 and set a “buy” rating for the company in a report on Thursday, December 11th. Weiss Ratings reiterated a “sell (d)” rating on shares of Lovesac in a report on Monday, December 29th. Finally, Maxim Group set a $26.00 price target on shares of Lovesac in a report on Friday, December 12th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the business. SummerHaven Investment Management LLC raised its stake in shares of Lovesac by 2.0% during the 2nd quarter. SummerHaven Investment Management LLC now owns 34,640 shares of the company’s stock worth $630,000 after purchasing an additional 691 shares in the last quarter. BNP Paribas Financial Markets raised its position in Lovesac by 130.4% during the second quarter. BNP Paribas Financial Markets now owns 1,938 shares of the company’s stock worth $35,000 after acquiring an additional 1,097 shares in the last quarter. Numerai GP LLC lifted its stake in Lovesac by 10.7% in the third quarter. Numerai GP LLC now owns 11,805 shares of the company’s stock valued at $200,000 after acquiring an additional 1,145 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Lovesac in the 2nd quarter valued at about $36,000. Finally, MML Investors Services LLC increased its stake in shares of Lovesac by 1.0% during the 2nd quarter. MML Investors Services LLC now owns 218,845 shares of the company’s stock worth $3,983,000 after purchasing an additional 2,203 shares during the last quarter. 91.32% of the stock is owned by institutional investors and hedge funds.

Lovesac Price Performance

Shares of NASDAQ LOVE opened at $14.84 on Monday. Lovesac has a fifty-two week low of $11.26 and a fifty-two week high of $26.91. The firm has a market capitalization of $216.96 million, a P/E ratio of 64.52, a P/E/G ratio of 1.54 and a beta of 2.28. The company’s 50 day simple moving average is $14.26 and its 200 day simple moving average is $16.10.

Lovesac (NASDAQ:LOVE) last issued its earnings results on Thursday, December 11th. The company reported ($0.72) EPS for the quarter, missing the consensus estimate of ($0.70) by ($0.02). Lovesac had a net margin of 1.05% and a return on equity of 3.61%. The business had revenue of $150.17 million for the quarter, compared to the consensus estimate of $154.17 million. During the same quarter in the previous year, the firm posted ($0.32) EPS. The business’s revenue was up .2% on a year-over-year basis. Lovesac has set its Q4 2026 guidance at 1.880-2.220 EPS and its FY 2026 guidance at 0.150-0.490 EPS. Sell-side analysts expect that Lovesac will post 0.39 EPS for the current fiscal year.

About Lovesac

Lovesac, trading on NASDAQ under the symbol LOVE, is an American furniture company known for its modular seating systems and distinctive foam-filled “Sacs.” Founded in 1995 by Shawn Nelson, the company has built a reputation for innovative design that emphasizes comfort, durability and adaptability. Its core offerings include Sactionals—customizable sectional sofas assembled from individual “Sactional” cubes—and the original Lovesac Sacs, large fabric-covered bean bag chairs available in a variety of sizes and materials.

In addition to seating solutions, Lovesac has expanded into home entertainment products with the introduction of the Stage, a modular soundbar system designed to integrate seamlessly with Sactionals.