Roth Capital Has Pessimistic Outlook of Lovesac Q1 Earnings

The Lovesac Company (NASDAQ:LOVE - Free Report) - Research analysts at Roth Capital lowered their Q1 2026 earnings per share estimates for Lovesac in a note issued to investors on Wednesday, April 9th. Roth Capital analyst M. Koranda now forecasts that the company will post earnings per share of ($0.98) for the quarter, down from their prior estimate of ($0.83). The consensus estimate for Lovesac's current full-year earnings is $0.39 per share. Roth Capital also issued estimates for Lovesac's Q2 2026 earnings at ($0.38) EPS, Q3 2026 earnings at ($0.26) EPS, Q4 2026 earnings at $1.65 EPS, FY2026 earnings at $0.20 EPS and FY2027 earnings at $0.81 EPS.

Lovesac (NASDAQ:LOVE - Get Free Report) last announced its earnings results on Thursday, April 10th. The company reported $2.13 EPS for the quarter, topping the consensus estimate of $1.80 by $0.33. Lovesac had a net margin of 1.04% and a return on equity of 3.51%. The business had revenue of $241.50 million during the quarter, compared to analysts' expectations of $230.33 million. During the same quarter in the prior year, the company posted $1.87 earnings per share. The firm's revenue was down 3.6% on a year-over-year basis.

A number of other research analysts also recently weighed in on LOVE. DA Davidson decreased their price target on Lovesac from $35.00 to $24.00 and set a "buy" rating for the company in a research note on Friday, April 11th. Oppenheimer restated an "outperform" rating and set a $35.00 target price on shares of Lovesac in a report on Friday, April 11th. Roth Mkm increased their price target 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, Canaccord Genuity Group lowered their price objective 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. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat, the stock currently has a consensus rating of "Buy" and a consensus price target of $31.67.

Lovesac Trading Up 2.4 %

Shares of NASDAQ LOVE traded up $0.47 during mid-day trading on Monday, hitting $20.06. The company had a trading volume of 651,279 shares, compared to its average volume of 367,873. The firm has a 50-day simple moving average of $18.62 and a two-hundred day simple moving average of $25.08. The company has a market capitalization of $296.77 million, a PE ratio of 59.00, a price-to-earnings-growth ratio of 0.65 and a beta of 3.08. Lovesac has a one year low of $12.12 and a one year high of $39.49.

Institutional Trading of Lovesac

Hedge funds have recently modified their holdings of the stock. Heck Capital Advisors LLC acquired a new stake in Lovesac during the fourth quarter worth approximately $26,000. Cubist Systematic Strategies LLC bought a new stake in Lovesac in the 4th quarter valued at $49,000. AlphaQuest LLC acquired a new position in Lovesac in the 4th quarter valued at $70,000. MetLife Investment Management LLC increased its position in Lovesac by 18.3% during the 4th quarter. MetLife Investment Management LLC now owns 9,233 shares of the company's stock worth $218,000 after buying an additional 1,425 shares during the period. Finally, GAMMA Investing LLC boosted its position in shares of Lovesac by 12,234.3% in the first quarter. GAMMA Investing LLC now owns 12,581 shares of the company's stock valued at $229,000 after acquiring an additional 12,479 shares during the period. Institutional investors and hedge funds own 91.32% of the company's stock.

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.