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

The Lovesac Company (NASDAQ:LOVE - Free Report) - Stock analysts at Roth Capital increased their FY2025 earnings per share estimates for shares of Lovesac in a research report issued to clients and investors on Tuesday, April 9th. Roth Capital analyst M. Koranda now forecasts that the company will post earnings of $2.02 per share for the year, up from their prior estimate of $1.95. The consensus estimate for Lovesac's current full-year earnings is $1.50 per share. Roth Capital also issued estimates for Lovesac's Q4 2025 earnings at $2.34 EPS and FY2026 earnings at $2.60 EPS.

Separately, Roth Mkm restated a "buy" rating and issued a $34.00 price objective on shares of Lovesac in a report on Wednesday.

Lovesac Stock Down 11.2 %

LOVE stock traded down $2.61 during trading on Thursday, reaching $20.73. 2,752,091 shares of the company's stock were exchanged, compared to its average volume of 274,041. The firm has a market cap of $321.09 million, a PE ratio of 16.20, a P/E/G ratio of 0.32 and a beta of 2.87. The company's fifty day moving average price is $23.01 and its 200-day moving average price is $21.74. Lovesac has a 1-year low of $14.18 and a 1-year high of $30.93.

Insider Activity

In other news, CEO Shawn David Nelson sold 6,000 shares of the company's stock in a transaction on Friday, March 15th. The stock was sold at an average price of $22.44, for a total value of $134,640.00. Following the completion of the sale, the chief executive officer now owns 179,970 shares in the company, valued at $4,038,526.80. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders own 12.09% of the company's stock.

Institutional Investors Weigh In On Lovesac

A number of institutional investors and hedge funds have recently modified their holdings of the stock. Captrust Financial Advisors raised its position in shares of Lovesac by 110.6% during the first quarter. Captrust Financial Advisors now owns 577 shares of the company's stock worth $31,000 after purchasing an additional 303 shares during the period. Legal & General Group Plc raised its position in shares of Lovesac by 7.6% during the fourth quarter. Legal & General Group Plc now owns 5,405 shares of the company's stock worth $119,000 after purchasing an additional 383 shares during the period. Bank of New York Mellon Corp raised its position in shares of Lovesac by 0.9% during the first quarter. Bank of New York Mellon Corp now owns 47,547 shares of the company's stock worth $2,571,000 after purchasing an additional 418 shares during the period. Charles Schwab Investment Management Inc. raised its position in shares of Lovesac by 1.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 38,689 shares of the company's stock worth $1,118,000 after purchasing an additional 454 shares during the period. Finally, Citigroup Inc. raised its position in shares of Lovesac by 32.6% during the first quarter. Citigroup Inc. now owns 2,339 shares of the company's stock worth $68,000 after purchasing an additional 575 shares during the period. 91.32% of the stock is owned by institutional investors and hedge funds.

Lovesac Company Profile

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 lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, mobile concierges, kiosks, and street locations in 40 states of the United States; and in store pop-up- shops and shop-in-shops.