Roth Capital Brokers Decrease Earnings Estimates for Lovesac

Key Points

• Roth Capital has reduced its Q4 2026 earnings estimates for Lovesac, now expecting earnings of $2.34 per share, down from $2.39, while the current full-year estimate stands at $0.39 per share.
• Multiple research analysts have adjusted their ratings and price targets for Lovesac, with Maxim Group setting a new price objective of $33.00, and a consensus target price of $30.00 among five analysts maintaining a "Buy" rating.
• Lovesac's recent earnings report showed improvement, with a reported EPS of ($0.45), exceeding expectations, and a quarterly revenue increase of 2.5% year-over-year, totaling $160.53 million.

The Lovesac Company (NASDAQ:LOVE - Free Report) - Roth Capital reduced their Q4 2026 earnings estimates for Lovesac in a research report issued to clients and investors on Thursday, September 11th. Roth Capital analyst M. Koranda now expects that the company will earn $2.34 per share for the quarter, down from their previous forecast of $2.39. The consensus estimate for Lovesac's current full-year earnings is $0.39 per share. Roth Capital also issued estimates for Lovesac's Q4 2027 earnings at $2.62 EPS.

Several other research analysts have also recently issued reports on the stock. Maxim Group decreased their price objective on shares of Lovesac from $38.00 to $33.00 and set a "buy" rating for the company in a report on Friday. Wall Street Zen upgraded shares of Lovesac from a "sell" rating to a "hold" rating in a report on Saturday, July 12th. DA Davidson reiterated a "buy" rating and issued a $24.00 price objective on shares of Lovesac in a report on Tuesday, September 9th. Finally, Canaccord Genuity Group reiterated a "buy" rating and issued a $30.00 price objective on shares of Lovesac in a report on Friday. Five equities research analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, Lovesac has a consensus rating of "Buy" and a consensus target price of $30.00.

Lovesac Price Performance

Lovesac stock opened at $17.66 on Monday. The firm has a 50 day simple moving average of $18.78 and a 200-day simple moving average of $18.66. The stock has a market capitalization of $258.01 million, a PE ratio of 28.03, a price-to-earnings-growth ratio of 0.56 and a beta of 2.35. Lovesac has a 12-month low of $12.12 and a 12-month high of $39.49.

Lovesac (NASDAQ:LOVE - Get Free Report) last posted its earnings results on Thursday, September 11th. The company reported ($0.45) EPS for the quarter, topping the consensus estimate of ($0.72) by $0.27. The firm had revenue of $160.53 million during the quarter, compared to analysts' expectations of $160.42 million. Lovesac had a net margin of 1.87% and a return on equity of 6.35%. Lovesac's quarterly revenue was up 2.5% on a year-over-year basis. During the same quarter in the prior year, the firm earned ($0.38) EPS. Lovesac has set its Q3 2026 guidance at -0.830--0.51 EPS. FY 2026 guidance at 0.520-1.05 EPS.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of LOVE. SG Americas Securities LLC increased its stake in shares of Lovesac by 1,165.7% during the 1st quarter. SG Americas Securities LLC now owns 304,586 shares of the company's stock worth $5,537,000 after purchasing an additional 280,522 shares during the last quarter. Millennium Management LLC increased its stake in shares of Lovesac by 344.8% during the 1st quarter. Millennium Management LLC now owns 302,291 shares of the company's stock worth $5,496,000 after purchasing an additional 234,324 shares during the last quarter. Bridgeway Capital Management LLC increased its stake in shares of Lovesac by 252.8% during the 2nd quarter. Bridgeway Capital Management LLC now owns 306,687 shares of the company's stock worth $5,582,000 after purchasing an additional 219,762 shares during the last quarter. AWM Investment Company Inc. grew its stake in Lovesac by 33.2% in the 4th quarter. AWM Investment Company Inc. now owns 681,741 shares of the company's stock valued at $16,130,000 after buying an additional 170,045 shares during the last quarter. Finally, Hood River Capital Management LLC grew its stake in Lovesac by 17.4% in the 2nd quarter. Hood River Capital Management LLC now owns 989,117 shares of the company's stock valued at $18,002,000 after buying an additional 146,911 shares during the last quarter. Institutional investors and hedge funds own 91.32% of the company's stock.

Insider Activity at Lovesac

In other Lovesac news, Director Walter Field Mclallen purchased 1,950 shares of the company's stock in a transaction dated Friday, June 20th. The shares were bought at an average price of $18.08 per share, for a total transaction of $35,256.00. Following the purchase, the director directly owned 40,000 shares in the company, valued at $723,200. This trade represents a 5.12% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this link. 12.46% of the stock is currently owned by company insiders.

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 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.