Roth Capital Brokers Boost Earnings Estimates for Lovesac

The Lovesac Company (NASDAQ:LOVE - Free Report) - Equities research analysts at Roth Capital increased their Q4 2026 earnings estimates for Lovesac in a report released on Thursday, June 12th. Roth Capital analyst M. Koranda now expects that the company will post earnings per share of $2.39 for the quarter, up from their previous forecast 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.

A number of other brokerages also recently issued reports on LOVE. DA Davidson cut their price objective on shares of Lovesac from $35.00 to $24.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Canaccord Genuity Group lowered their target price on shares of Lovesac from $45.00 to $30.00 and set a "buy" rating for the company in a research note on Friday, April 11th. Oppenheimer reaffirmed an "outperform" rating and set a $35.00 price target on shares of Lovesac in a research report on Friday, April 11th. Finally, Roth Mkm increased their price objective on Lovesac from $22.00 to $28.00 and gave the company a "buy" rating in a report on Friday, April 11th. Five analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the stock currently has an average rating of "Buy" and an average price target of $30.40.

Lovesac Price Performance

Lovesac stock traded up $0.56 during trading hours on Monday, reaching $18.01. The stock had a trading volume of 434,753 shares, compared to its average volume of 384,947. The company has a market cap of $262.05 million, a price-to-earnings ratio of 25.73, a PEG ratio of 0.56 and a beta of 2.30. The business's 50 day moving average price is $19.58 and its 200-day moving average price is $21.92. Lovesac has a 52 week low of $12.12 and a 52 week high of $39.49.

Lovesac (NASDAQ:LOVE - Get Free Report) last released its quarterly earnings results on Thursday, June 12th. The company reported ($0.73) EPS for the quarter, topping the consensus estimate of ($0.81) by $0.08. The firm had revenue of $138.37 million during the quarter, compared to analyst estimates of $137.20 million. Lovesac had a return on equity of 6.70% and a net margin of 1.99%. The business's revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.83) EPS.

Institutional Trading of Lovesac

Institutional investors have recently bought and sold shares of the stock. SummerHaven Investment Management LLC increased its stake in Lovesac by 1.7% during the 1st quarter. SummerHaven Investment Management LLC now owns 33,949 shares of the company's stock valued at $617,000 after purchasing an additional 562 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its holdings in shares of Lovesac by 3.9% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 21,318 shares of the company's stock valued at $388,000 after purchasing an additional 800 shares during the period. Heck Capital Advisors LLC acquired a new stake in shares of Lovesac during the fourth quarter worth about $26,000. Charles Schwab Investment Management Inc. boosted its position in Lovesac by 3.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 41,524 shares of the company's stock valued at $982,000 after buying an additional 1,243 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD boosted its position in Lovesac by 13.2% in the fourth quarter. Price T Rowe Associates Inc. MD now owns 11,462 shares of the company's stock valued at $272,000 after buying an additional 1,333 shares during the last quarter. 91.32% of the stock is currently owned by institutional investors and hedge funds.

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.