Roth Capital Issues Optimistic Estimate for Lovesac Earnings

The Lovesac Company (NASDAQ:LOVE - Free Report) - Investment analysts at Roth Capital increased their Q1 2026 EPS estimates for shares of Lovesac in a research note issued on Wednesday, June 11th. Roth Capital analyst M. Koranda now anticipates that the company will post earnings per share of ($0.76) for the quarter, up from their previous forecast 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 ($0.30) EPS, Q3 2026 earnings at ($0.14) EPS and FY2026 earnings at $1.11 EPS.

Lovesac (NASDAQ:LOVE - Get Free Report) last announced its quarterly earnings data on Thursday, June 12th. The company reported ($0.73) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.81) by $0.08. The company had revenue of $138.37 million for the quarter, compared to analysts' expectations of $137.20 million. Lovesac had a net margin of 1.04% and a return on equity of 3.51%. The business's revenue was up 4.4% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.83) EPS.

Several other equities analysts have also weighed in on the company. Canaccord Genuity Group cut their target price on Lovesac from $45.00 to $30.00 and set a "buy" rating on the stock in a report on Friday, April 11th. DA Davidson cut their price objective on shares of Lovesac from $35.00 to $24.00 and set a "buy" rating for the company in a research report on Friday, April 11th. Oppenheimer restated an "outperform" rating and set a $35.00 price target on shares of Lovesac in a research note on Friday, April 11th. Finally, Roth Mkm lifted their price target on shares of Lovesac from $22.00 to $28.00 and gave the stock a "buy" rating in a research note on Friday, April 11th. Six equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, Lovesac currently has a consensus rating of "Buy" and an average price target of $31.67.

Lovesac Trading Down 1.0%

NASDAQ:LOVE traded down $0.17 on Friday, hitting $16.65. 808,133 shares of the company's stock traded hands, compared to its average volume of 384,880. 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 1 year low of $12.12 and a 1 year high of $39.49. The company has a market cap of $247.17 million, a PE ratio of 48.97, a price-to-earnings-growth ratio of 0.65 and a beta of 2.30.

Institutional Investors Weigh In On Lovesac

Hedge funds have recently added to or reduced their stakes in the business. Heck Capital Advisors LLC bought a new stake in shares of Lovesac in the fourth quarter valued at approximately $26,000. Cubist Systematic Strategies LLC acquired a new position in shares of Lovesac in the 4th quarter valued at approximately $49,000. AlphaQuest LLC bought a new position in Lovesac in the fourth quarter valued at approximately $70,000. Quarry LP increased its stake in Lovesac by 396.3% in the first quarter. Quarry LP now owns 3,052 shares of the company's stock valued at $55,000 after acquiring an additional 2,437 shares during the last quarter. Finally, MetLife Investment Management LLC lifted its position in shares of 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 last quarter. Institutional investors and hedge funds own 91.32% of the company's stock.

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.