The Lovesac Stock Forecast, Price & News

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for The Lovesac in the last twelve months. There are currently 7 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" The Lovesac stock.
View analyst ratings for The Lovesac or view top-rated stocks.

Wall Street analysts have given The Lovesac a "Buy" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but The Lovesac wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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The Lovesac is scheduled to release its next quarterly earnings announcement on Wednesday, September 8th 2021.
View our earnings forecast for The Lovesac.

The Lovesac Company (NASDAQ:LOVE) released its quarterly earnings data on Tuesday, June, 8th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.58) by $0.71. The business had revenue of $82.90 million for the quarter, compared to the consensus estimate of $75.06 million. The Lovesac had a trailing twelve-month return on equity of 27.42% and a net margin of 7.20%. The company's revenue for the quarter was up 52.4% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.58) earnings per share.
View The Lovesac's earnings history.

The Lovesac's stock was trading at $7.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LOVE shares have increased by 854.2% and is now trading at $69.94.
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7 equities research analysts have issued 12 month target prices for The Lovesac's shares. Their forecasts range from $85.00 to $110.00. On average, they expect The Lovesac's stock price to reach $100.14 in the next twelve months. This suggests a possible upside of 43.2% from the stock's current price.
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107 employees have rated The Lovesac CEO Shawn Nelson on Glassdoor.com. Shawn Nelson has an approval rating of 68% among The Lovesac's employees.

Some companies that are related to The Lovesac include Canada Goose (GOOS), Marui Group (MAURY), Woolworths (WLWHY), Marks and Spencer Group (MAKSY), Shake Shack (SHAK), Signet Jewelers (SIG), Overstock.com (OSTK), ACV Auctions (ACVA), Stamps.com (STMP), Urban Outfitters (URBN), Beacon Roofing Supply (BECN), Poshmark (POSH), Insight Enterprises (NSIT), Papa John's International (PZZA) and Cracker Barrel Old Country Store (CBRL).
View all of LOVE's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other The 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).

(LOVE) raised $46 million in an initial public offering (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 acted as the underwriter for the IPO and Craig-Hallum Capital Group was co-manager.

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

The Lovesac's stock is owned by many different retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (9.19%), Janus Henderson Group PLC (5.78%), Federated Hermes Inc. (5.20%), BlackRock Inc. (5.16%), Wasatch Advisors Inc. (3.32%) and AWM Investment Company Inc. (2.71%). Company insiders that own The Lovesac stock include Albert Jack Krause, Andrew R Heyer, Satori Capital, Llc and Shawn David Nelson.
View institutional ownership trends for The Lovesac.

LOVE stock was sold by a variety of institutional investors in the last quarter, including Wasatch Advisors Inc., Kornitzer Capital Management Inc. KS, Alliancebernstein L.P., Landscape Capital Management L.L.C., Millrace Asset Group Inc., Russell Investments Group Ltd., 1492 Capital Management LLC, and Trexquant Investment LP. Company insiders that have sold The Lovesac company stock in the last year include Albert Jack Krause, Andrew R Heyer, Satori Capital, Llc, and Shawn David Nelson.
View insider buying and selling activity for The Lovesac or view top insider-selling stocks.

LOVE stock was acquired by a variety of institutional investors in the last quarter, including Premier Fund Managers Ltd, Federated Hermes Inc., Morgan Stanley, BlackRock Inc., Renaissance Technologies LLC, Advisory Research Inc., HRT Financial LP, and Millennium Management LLC. Company insiders that have bought The Lovesac stock in the last two years include Albert Jack Krause, and Andrew R Heyer.
View insider buying and selling activity for The Lovesac or or view top insider-buying stocks.

Shares of LOVE 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.
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One share of LOVE stock can currently be purchased for approximately $69.94.

The Lovesac has a market capitalization of $1.06 billion and generates $320.74 million in revenue each year. The company earns $14.73 million in net income (profit) each year or $0.96 on an earnings per share basis.

The Lovesac employs 369 workers across the globe.

The official website for The Lovesac is www.lovesac.com.

The Lovesac is headquartered at TWO LANDMARK SQUARE SUITE 300, STAMFORD CT, 06901.

The Lovesac's mailing address is TWO LANDMARK SQUARE SUITE 300, STAMFORD CT, 06901. The company can be reached via phone at 888-636-1223 or via email at [email protected]