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DOW   34,006.88
QQQ   359.61
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NASDAQ:LOVE

Lovesac (LOVE) Stock Forecast, Price & News

$19.14
-0.67 (-3.38%)
(As of 09/25/2023 ET)
Compare
Today's Range
$18.73
▼
$19.71
50-Day Range
$19.14
▼
$29.42
52-Week Range
$17.60
▼
$30.93
Volume
396,206 shs
Average Volume
343,836 shs
Market Capitalization
$291.31 million
P/E Ratio
14.07
Dividend Yield
N/A
Price Target
$52.75
ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media

Lovesac MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
175.6% 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 6 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

32nd out of 208 stocks

Furniture Stores Industry

1st out of 4 stocks

See Top Rated MarketRank™ Stocks Here

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

September 23, 2023 | benzinga.com
Bragar Eagel & Squire, P.C. Is Investigating Lovesac, and Orthofix and Encourages Investors to Contact the Firm
September 22, 2023 | finance.yahoo.com
The Lovesac Company Announces Notification from Nasdaq Related to Delayed Form 10-Q Filing
September 26, 2023 | Wall Street Fundamentals (Ad)
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September 21, 2023 | prnewswire.com
LOVE EQUITY ALERT: ROSEN, A TOP RANKED LAW FIRM, Encourages The Lovesac Company Investors to Inquire About Securities Class Action Investigation - LOVE
September 20, 2023 | benzinga.com
Lovesac Board Member Trades $81K In Company Stock
September 12, 2023 | benzinga.com
Bragar Eagel & Squire, P.C. Is Investigating Blink, Lovesac, and DigitalOcean and Encourages Investors to Contact the Firm
September 11, 2023 | benzinga.com
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of The Lovesac Company (LOVE) on Behalf of Investors
September 11, 2023 | msn.com
Woman Makes DIY Version of the Viral $1k LoveSac for Unser $200 and It’s Perfect
September 26, 2023 | Edge On The Street (Ad)
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September 8, 2023 | stockhouse.com
The Law Offices of Frank R. Cruz Continues Investigation of The Lovesac Company (LOVE) on Behalf of Investors
September 2, 2023 | benzinga.com
Bragar Eagel & Squire, P.C. Is Investigating Driven Brands, Blink, and Lovesac and Encourages Investors to Contact the Firm
September 1, 2023 | finance.yahoo.com
The Lovesac Company (LOVE) Posts Encouraging Q2 Preliminary Results
September 1, 2023 | markets.businessinsider.com
The Lovesac Company (LOVE) Gets a Buy from D.A. Davidson
August 31, 2023 | finance.yahoo.com
The Lovesac Company Reports Preliminary Second Quarter Fiscal Year 2024 Results
August 30, 2023 | msn.com
Lovesac’s Up to 30% Off Sale Wants You to Celebrate Labor Day in Comfort: Shop Now
August 28, 2023 | benzinga.com
Bragar Eagel & Squire, P.C. Is Investigating Blink, Lovesac, and Sage and Encourages Investors to Contact the Firm
August 27, 2023 | finance.yahoo.com
Investors in Lovesac (NASDAQ:LOVE) have unfortunately lost 32% over the last year
August 25, 2023 | finance.yahoo.com
Why Lovesac Stock Briefly Plunged Today
August 23, 2023 | benzinga.com
ROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages The Lovesac Company Investors to Inquire About Securities Class Action Investigation – LOVE
August 22, 2023 | benzinga.com
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Lovesac Company - LOVE
August 21, 2023 | benzinga.com
Bragar Eagel & Squire, P.C. Is Investigating Hawaiian Electric, and Lovesac and Encourages Investors to Contact the Firm
August 21, 2023 | benzinga.com
Investigation of The Lovesac Company (LOVE) Announced by Holzer & Holzer, LLC
August 21, 2023 | benzinga.com
Lovesac Company: Company Investigated by the Portnoy Law Firm
August 17, 2023 | au.investing.com
The Lovesac shares drop 3% on accounting warning
August 17, 2023 | technews.tmcnet.com
Glancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of The Lovesac Company (LOVE) on Behalf of Investors
August 17, 2023 | benzinga.com
The Lovesac Company Investors: Company Investigated by the Portnoy Law Firm
August 16, 2023 | technews.tmcnet.com
The Law Offices of Frank R. Cruz Announces Investigation of The Lovesac Company (LOVE) on Behalf of Investors
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
Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange
NASDAQ
Industry
Furniture stores
Sub-Industry
N/A
Sector
Retail/Wholesale
Current Symbol
NASDAQ:LOVE
CUSIP
N/A
CIK
1701758
Web
www.lovesac.com
Phone
(207) 273-9733
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
+175.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

EPS (Most Recent Fiscal Year)
$1.36
Trailing P/E Ratio
14.07
Forward P/E Ratio
10.18
P/E Growth
0.3
Net Income
$28.24 million
Net Margins
3.33%
Pretax Margin
4.64%
Return on Equity
12.52%
Return on Assets
5.44%

Debt

Debt-to-Equity Ratio
N/A
Current Ratio
1.94
Quick Ratio
0.83

Sales & Book Value

Annual Sales
$651.54 million
Price / Sales
0.45
Cash Flow
$2.50 per share
Price / Cash Flow
7.67
Book Value
$12.72 per share
Price / Book
1.50

Miscellaneous

Outstanding Shares
15,220,000
Free Float
13,377,000
Market Cap
$291.31 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

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions













LOVE Stock - Frequently Asked Questions

Should I buy or sell Lovesac stock right now?

3 Wall Street equities research 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 equities research 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 analysts have issued 12-month target prices for Lovesac's shares. Their LOVE share price forecasts range from $37.00 to $64.00. On average, they predict the company's stock price to reach $52.75 in the next twelve months. This suggests a possible upside of 175.6% 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 13.0% and is now trading at $19.14.
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) posted its earnings results on Tuesday, March, 28th. The company reported $1.74 EPS for the quarter, missing the consensus estimate of $1.75 by $0.01. The business earned $238.80 million during the quarter, compared to the consensus estimate of $219.13 million. Lovesac had a net margin of 3.33% and a trailing twelve-month return on equity of 12.52%. The business's revenue was up 21.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.01 earnings per share.

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

Lovesac updated its second quarter 2024 earnings guidance on Friday, September, 1st. The company provided EPS 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 $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 retail and institutional investors. Top institutional shareholders 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 $19.14.

How much money does Lovesac make?

Lovesac (NASDAQ:LOVE) has a market capitalization of $291.31 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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