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BABA   85.88 (-1.54%)
AMD   95.96 (-1.46%)
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MU   67.94 (-0.93%)
CGC   0.92 (-2.12%)
GE   109.94 (-1.59%)
DIS   80.04 (-1.20%)
AMC   7.92 (-2.82%)
PFE   32.37 (-1.85%)
PYPL   58.93 (+0.12%)
NFLX   379.25 (-1.44%)
QQQ   354.21 (-1.50%)
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MSFT   312.14 (-1.70%)
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BABA   85.88 (-1.54%)
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F   12.44 (-1.11%)
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NASDAQ:LOVE

Lovesac (LOVE) Stock Forecast, Price & News

$18.88
-0.26 (-1.36%)
(As of 09/26/2023 ET)
Compare
Today's Range
$18.71
$19.19
50-Day Range
$18.88
$29.42
52-Week Range
$17.60
$30.93
Volume
295,972 shs
Average Volume
424,268 shs
Market Capitalization
$287.35 million
P/E Ratio
13.88
Dividend Yield
N/A
Price Target
$52.75

Lovesac MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
179.4% Upside
$52.75 Price Target
Short Interest
Bearish
33.71% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.77mentions of Lovesac in the last 14 days
Based on 7 Articles This Week
Insider Trading
Acquiring Shares
$81,916 Bought Last Quarter
Proj. Earnings Growth
40.96%
From $1.88 to $2.65 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.83 out of 5 stars

Retail/Wholesale Sector

37th out of 207 stocks

Furniture Stores Industry

2nd out of 4 stocks


LOVE stock logo

About Lovesac (NASDAQ:LOVE) Stock

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 lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, mobile concierges, kiosks, and street locations in 40 states of the United States; and in store pop-up- shops and shop-in-shops. The Lovesac Company was founded in 1995 and is headquartered in Stamford, Connecticut.

LOVE Price History

LOVE Stock News Headlines

Unlock the treasure on Mount Olympus with this little-known mining stock.
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
Lovesac Board Member Trades $81K In Company Stock
Unlock the treasure on Mount Olympus with this little-known mining stock.
Investor Find Lithium Gold and Crush the Bear Market with 32k Metric Tons
The Lovesac Company (LOVE) Gets a Buy from D.A. Davidson
Why Lovesac Stock Briefly Plunged Today
The Lovesac shares drop 3% on accounting warning
See More Headlines
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LOVE Company Calendar

Last Earnings
3/28/2023
Today
9/26/2023
Next Earnings (Estimated)
9/28/2023
Fiscal Year End
1/31/2024

Industry, Sector and Symbol

Industry
Furniture stores
Sub-Industry
N/A
Current Symbol
NASDAQ:LOVE
Fax
N/A
Employees
1,410
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$52.75
High Stock Price Forecast
$64.00
Low Stock Price Forecast
$37.00
Forecasted Upside/Downside
+177.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$28.24 million
Pretax Margin
4.64%

Debt

Sales & Book Value

Annual Sales
$651.54 million
Cash Flow
$2.48 per share
Book Value
$12.72 per share

Miscellaneous

Free Float
13,377,000
Market Cap
$289.48 million
Optionable
Not Optionable
Beta
2.49
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Key Executives

  • Mr. Shawn David NelsonMr. Shawn David Nelson (Age 46)
    Founder, CEO & Director
    Comp: $731.83k
  • Ms. Mary  FoxMs. Mary Fox (Age 50)
    Pres & COO
    Comp: $1.12M
  • Mr. Keith Robert Siegner (Age 48)
    Exec. VP & CFO
  • Mr. David Jensen
    Chief Technology Officer
  • Ms. Carly Kawaja
    Chief People Officer
  • Mr. John A. Legg (Age 61)
    Chief Supply Chain Officer













LOVE Stock - Frequently Asked Questions

Should I buy or sell Lovesac stock right now?

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lovesac in the last twelve months. There are currently 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" LOVE shares.
View LOVE analyst ratings
or view top-rated stocks.

What is Lovesac's stock price forecast for 2023?

3 Wall Street research analysts have issued 12 month price targets for Lovesac's stock. Their LOVE share price forecasts range from $37.00 to $64.00. On average, they expect the company's stock price to reach $52.75 in the next twelve months. This suggests a possible upside of 177.3% from the stock's current price.
View analysts price targets for LOVE
or view top-rated stocks among Wall Street analysts.

How have LOVE shares performed in 2023?

Lovesac's stock was trading at $22.01 at the beginning of the year. Since then, LOVE shares have decreased by 13.6% and is now trading at $19.02.
View the best growth stocks for 2023 here
.

When is Lovesac's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, September 28th 2023.
View our LOVE earnings forecast
.

How were Lovesac's earnings last quarter?

The Lovesac Company (NASDAQ:LOVE) announced its earnings results on Tuesday, March, 28th. The company reported $1.74 earnings per share for the quarter, missing the consensus estimate of $1.75 by $0.01. The company earned $238.80 million during the quarter, compared to analysts' expectations of $219.13 million. Lovesac had a net margin of 3.33% and a trailing twelve-month return on equity of 12.52%. Lovesac's quarterly revenue was up 21.7% on a year-over-year basis. During the same period last year, the company posted $1.01 EPS.

What guidance has Lovesac issued on next quarter's earnings?

Lovesac issued an update on its second quarter 2024 earnings guidance on Friday, September, 1st. The company provided earnings per share guidance of for the period. The company issued revenue guidance of $154.00 million-$154.00 million, compared to the consensus revenue estimate of $149.66 million.

What is Shawn Nelson's approval rating as Lovesac's CEO?

107 employees have rated Lovesac Chief Executive Officer Shawn Nelson on Glassdoor.com. Shawn Nelson has an approval rating of 68% among the company's employees.

What other stocks do shareholders of Lovesac own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lovesac investors own include Moderna (MRNA), Pfizer (PFE), Advanced Micro Devices (AMD), Carnival Co. & (CCL), Overstock.com (OSTK), Tesla (TSLA), NIO (NIO), NVIDIA (NVDA), Target (TGT) and AbbVie (ABBV).

When did Lovesac IPO?

(LOVE) raised $46 million in an IPO on Wednesday, June 27th 2018. The company issued 3,300,000 shares at a price of $13.00-$15.00 per share. Roth Capital Partners served as the underwriter for the IPO and Craig-Hallum Capital Group was co-manager.

What is Lovesac's stock symbol?

Lovesac trades on the NASDAQ under the ticker symbol "LOVE."

Who are Lovesac's major shareholders?

Lovesac's stock is owned by a number of institutional and retail investors. Top institutional investors include Granahan Investment Management LLC (9.69%), BlackRock Inc. (6.87%), Wasatch Advisors LP (5.99%), Dimensional Fund Advisors LP (3.87%), Marshall Wace LLP (3.86%) and Intrinsic Edge Capital Management LLC (3.66%). Insiders that own company stock include Albert Jack Krause, Andrew R Heyer, Donna Dellomo, Mary Fox, Satori Capital, Llc, Sharon M Leite, Shawn David Nelson, Shirley Romig, Stuart A Wevik and Walter Field Mclallen.
View institutional ownership trends
.

How do I buy shares of Lovesac?

Shares of LOVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Lovesac's stock price today?

One share of LOVE stock can currently be purchased for approximately $19.02.

How much money does Lovesac make?

Lovesac (NASDAQ:LOVE) has a market capitalization of $289.48 million and generates $651.54 million in revenue each year. The company earns $28.24 million in net income (profit) each year or $1.36 on an earnings per share basis.

How many employees does Lovesac have?

The company employs 1,410 workers across the globe.

How can I contact Lovesac?

Lovesac's mailing address is TWO LANDMARK SQUARE SUITE 300, STAMFORD CT, 06901. The official website for the company is www.lovesac.com. The company can be reached via phone at (207) 273-9733 or via email at investorrelations@lovesac.com.

This page (NASDAQ:LOVE) was last updated on 9/26/2023 by MarketBeat.com Staff

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