Equities Analysts Offer Predictions for Lovesac Q4 Earnings

The Lovesac Company (NASDAQ:LOVE - Free Report) - Research analysts at Roth Capital lifted their Q4 2026 earnings estimates for shares of Lovesac in a note issued to investors on Wednesday, June 11th. Roth Capital analyst M. Koranda now forecasts that the company will post earnings of $2.17 per share for the quarter, up from their prior estimate of $2.00. The consensus estimate for Lovesac's current full-year earnings is $0.39 per share. Roth Capital also issued estimates for Lovesac's FY2027 earnings at $1.42 EPS.

Several other equities research analysts have also recently commented on the stock. Canaccord Genuity Group cut their price target on shares of Lovesac from $45.00 to $30.00 and set a "buy" rating on the stock in a research report on Friday, April 11th. Oppenheimer reissued an "outperform" rating and issued a $35.00 price target on shares of Lovesac in a report on Friday, April 11th. DA Davidson lowered their target price on shares of Lovesac from $35.00 to $24.00 and set a "buy" rating on the stock in a report on Friday, April 11th. Finally, Roth Mkm raised their target price on shares of Lovesac from $22.00 to $28.00 and gave the stock a "buy" rating in a report on Friday, April 11th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat, the stock presently has an average rating of "Buy" and an average target price of $31.67.

Lovesac Price Performance

NASDAQ:LOVE traded down $3.68 on Thursday, hitting $16.82. 1,757,882 shares of the company's stock were exchanged, compared to its average volume of 384,298. The firm has a 50-day moving average price of $19.32 and a 200-day moving average price of $22.47. Lovesac has a 52 week low of $12.12 and a 52 week high of $39.49. The company has a market cap of $249.69 million, a P/E ratio of 49.47, a price-to-earnings-growth ratio of 0.65 and a beta of 2.30.

Lovesac (NASDAQ:LOVE - Get Free Report) last announced its quarterly earnings results on Thursday, June 12th. The company reported ($0.73) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.84) by $0.11. The company had revenue of $138.37 million during the quarter, compared to analyst estimates of $137.20 million. Lovesac had a net margin of 1.04% and a return on equity of 3.51%. The firm's revenue was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.83) EPS.

Hedge Funds Weigh In On Lovesac

Hedge funds have recently modified their holdings of the business. Bank of New York Mellon Corp lifted its holdings in shares of Lovesac by 9.3% during the fourth quarter. Bank of New York Mellon Corp now owns 489,613 shares of the company's stock worth $11,584,000 after purchasing an additional 41,751 shares during the period. American Century Companies Inc. lifted its holdings in shares of Lovesac by 15.0% during the fourth quarter. American Century Companies Inc. now owns 436,790 shares of the company's stock worth $10,334,000 after purchasing an additional 56,989 shares during the period. Two Sigma Investments LP lifted its holdings in shares of Lovesac by 181.7% during the fourth quarter. Two Sigma Investments LP now owns 86,640 shares of the company's stock worth $2,050,000 after purchasing an additional 55,881 shares during the period. Man Group plc acquired a new position in shares of Lovesac during the fourth quarter worth $327,000. Finally, Deutsche Bank AG lifted its holdings in shares of Lovesac by 64.5% during the fourth quarter. Deutsche Bank AG now owns 81,843 shares of the company's stock worth $1,936,000 after purchasing an additional 32,102 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.