NASDAQ:LOVE Lovesac (LOVE) Stock Forecast, Price & News $21.08 -0.11 (-0.52%) (As of 05/31/2023 ET) Add Compare Share Share Today's Range$20.68▼$21.2650-Day Range$20.03▼$30.1652-Week Range$17.60▼$39.81Volume364,529 shsAverage Volume475,292 shsMarket Capitalization$320.42 millionP/E Ratio11.98Dividend YieldN/APrice Target$60.25 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Lovesac MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside185.8% Upside$60.25 Price TargetShort InterestBearish34.36% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingSelling Shares$201,600 Sold Last QuarterProj. Earnings Growth41.44%From $1.81 to $2.56 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.96 out of 5 starsRetail/Wholesale Sector13th out of 213 stocksFurniture Stores Industry1st out of 4 stocks 3.5 Analyst's Opinion Consensus RatingLovesac has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $60.25, Lovesac has a forecasted upside of 185.8% from its current price of $21.08.Amount of Analyst CoverageLovesac has only been the subject of 2 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted34.36% of the float of Lovesac has been sold short.Short Interest Ratio / Days to CoverLovesac has a short interest ratio ("days to cover") of 10.2, which indicates bearish sentiment.Change versus previous monthShort interest in Lovesac has recently decreased by 4.48%, indicating that investor sentiment is improving. Previous Next 0.0 Dividend Strength Dividend YieldLovesac does not currently pay a dividend.Dividend GrowthLovesac does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LOVE. Previous Next 2.2 News and Social Media Coverage News SentimentLovesac has a news sentiment score of 0.94. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.53 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 1 news article for Lovesac this week, compared to 4 articles on an average week.Search InterestOnly 17 people have searched for LOVE on MarketBeat in the last 30 days. This is a decrease of -37% compared to the previous 30 days.MarketBeat FollowsOnly 4 people have added Lovesac to their MarketBeat watchlist in the last 30 days. This is a decrease of -60% compared to the previous 30 days. Previous Next 4.2 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lovesac insiders have sold 41.23% more of their company's stock than they have bought. Specifically, they have bought $142,750.00 in company stock and sold $201,600.00 in company stock.Percentage Held by Insiders12.09% of the stock of Lovesac is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by Institutions88.34% of the stock of Lovesac is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Lovesac are expected to grow by 41.44% in the coming year, from $1.81 to $2.56 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lovesac is 11.98, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 138.43.Price to Earnings Ratio vs. SectorThe P/E ratio of Lovesac is 11.98, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 36.87.Price to Earnings Growth RatioLovesac has a PEG Ratio of 0.34. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioLovesac has a P/B Ratio of 1.66. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Lovesac (NASDAQ:LOVE) StockThe Lovesac Co. is a technology driven, omni-channel company. It designs, manufactures, and sells furniture comprised of modular couches called sactionals and foam beanbag chairs called sacs. Its products include sactionals, sacs, and accessories. The company was founded by Shawn David Nelson in 1995 and is headquartered in Stamford, CT.Read More Receive LOVE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Lovesac and its competitors with MarketBeat's FREE daily newsletter. Email Address LOVE Stock News HeadlinesMay 22, 2023 | msn.comUnusual Call Option Trade in Lovesac (LOVE) Worth $110.30KMay 22, 2023 | finance.yahoo.comServiceNow and Lovesac have been highlighted as Zacks Bull and Bear of the DayJune 1, 2023 | Vantage Point (Ad)We Called (ARWR) In Advance, Which Stocks Are Next?Nearly 56% gains in 30 days! This bullish trend reversal was not only forecasted by A.I., but we called it 1 – 3 days in advance. If you have any money invested in the markets…even just your retirement, you’ll want to see this. Plus, it’s FREE - the training is only an hour & LIVE. May 21, 2023 | americanbankingnews.comThe Lovesac Company (NASDAQ:LOVE) Given Consensus Rating of "Buy" by BrokeragesMay 18, 2023 | news.yahoo.comThe Hottest Sunglasses Trends to Rock This Year, According to a StylistMay 17, 2023 | yahoo.comHaley Lu Richardson Just Revealed Her Hack for Getting *That* Stain off Your CouchMay 17, 2023 | msn.comLovesac Taps Travis Barker, Brandy & More for 25th Anniversary Campaign: WatchMay 17, 2023 | msn.comOn Set With Brandy and Shaun White: Inside Lovesac’s 25th Anniversary CampaignJune 1, 2023 | UNKNOWN (Ad)This NASDAQ Stock Is The Amazon Of Medical SupplyThis Little Known Company IS Quickly Becoming The Amazon Of Medical Supply. Learn More NowMay 12, 2023 | msn.comThis Lovesac Sectional Hack Is Absolutely Genius (and Kids Will Love It Too)April 26, 2023 | americanbankingnews.comBrokerages Set The Lovesac Company (NASDAQ:LOVE) Price Target at $60.25April 24, 2023 | finance.yahoo.comCannara Biotech Inc. reports Q2 2023 Financial Results with quarterly net revenues of $13 million, a 76% increase compared to Q2 2022April 23, 2023 | americanbankingnews.comTraders Buy High Volume of Call Options on Lovesac (NASDAQ:LOVE)April 20, 2023 | americanbankingnews.comThe Lovesac Company (NASDAQ:LOVE) Director Acquires $142,750.00 in StockApril 19, 2023 | americanbankingnews.comSharon M. Leite Buys 5,000 Shares of The Lovesac Company (NASDAQ:LOVE) StockApril 18, 2023 | nasdaq.comTuesday 4/18 Insider Buying Report: LOVE, JOANApril 15, 2023 | seekingalpha.comLovesac: Kick Your Feet UpApril 14, 2023 | bizjournals.comFurniture retailer Lovesac is newest addition to revamped Winter Park VillageApril 14, 2023 | msn.comDoes A Lovesac 'Sactional' Live Up To The Hype — And The Cost?April 10, 2023 | americanbankingnews.comInsider Selling: The Lovesac Company (NASDAQ:LOVE) CEO Sells $201,600.00 in StockApril 3, 2023 | americanbankingnews.comShort Interest in The Lovesac Company (NASDAQ:LOVE) Grows By 6.2%April 1, 2023 | americanbankingnews.comLovesac (NASDAQ:LOVE) Issues Q1 2024 Earnings GuidanceApril 1, 2023 | americanbankingnews.comLovesac (NASDAQ:LOVE) Issues FY 2024 Earnings GuidanceMarch 30, 2023 | americanbankingnews.comLovesac (NASDAQ:LOVE) Announces Quarterly Earnings Results, Misses Estimates By $0.01 EPSMarch 30, 2023 | americanbankingnews.comLovesac (NASDAQ:LOVE) PT Raised to $36.00 at Roth MkmMarch 30, 2023 | americanbankingnews.comThe Lovesac Company (NASDAQ:LOVE) Receives $63.71 Average PT from BrokeragesMarch 29, 2023 | americanbankingnews.comLovesac (NASDAQ:LOVE) Issues FY24 Earnings GuidanceSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive LOVE Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Lovesac and its competitors with MarketBeat's FREE daily newsletter. Email Address LOVE Company Calendar Last Earnings3/28/2023Today5/31/2023Next Earnings (Confirmed)6/07/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Furniture stores Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNASDAQ:LOVE CUSIPN/A CIK1701758 Webwww.lovesac.com Phone(207) 273-9733FaxN/AEmployees1,410Year FoundedN/APrice Target and Rating Average Stock Price Forecast$60.25 High Stock Price Forecast$80.00 Low Stock Price Forecast$36.00 Forecasted Upside/Downside+185.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage8 Analysts Profitability EPS (Most Recent Fiscal Year)$1.76 Trailing P/E Ratio11.98 Forward P/E Ratio11.65 P/E Growth0.34Net Income$28.24 million Net Margins4.33% Pretax Margin5.97% Return on Equity16.69% Return on Assets7.21% Debt Debt-to-Equity RatioN/A Current Ratio2.18 Quick Ratio0.83 Sales & Book Value Annual Sales$651.54 million Price / Sales0.49 Cash Flow$2.55 per share Price / Cash Flow8.26 Book Value$12.72 per share Price / Book1.66Miscellaneous Outstanding Shares15,200,000Free Float13,359,000Market Cap$320.42 million OptionableNot Optionable Beta2.39 Key ExecutivesShawn David NelsonChief Executive Officer & DirectorMary FoxPresident & Chief Operating OfficerDonna L. DellomoCFO, Secretary, Treasurer & Executive VPJack A. KrauseDirector & Chief Strategy OfficerJohn A. LeggChief Supply Chain OfficerKey CompetitorsHaverty Furniture CompaniesNYSE:HVTArhausNASDAQ:ARHSBrilliant Earth GroupNASDAQ:BRLTZumiezNASDAQ:ZUMZEl Pollo LocoNASDAQ:LOCOView All CompetitorsInsiders & InstitutionsAmeriprise Financial Inc.Bought 31,260 shares on 5/22/2023Ownership: 1.129%JPMorgan Chase & Co.Bought 2,520 shares on 5/18/2023Ownership: 0.072%Squarepoint Ops LLCBought 1,521 shares on 5/16/2023Ownership: 0.171%Jane Street Group LLCBought 1,500 shares on 5/16/2023Ownership: 0.000%AQR Capital Management LLCSold 4,042 shares on 5/16/2023Ownership: 0.092%View All Insider TransactionsView All Institutional Transactions LOVE Stock - Frequently Asked Questions Should I buy or sell Lovesac stock right now? 8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lovesac in the last twelve months. There are currently 8 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? 8 analysts have issued twelve-month price objectives for Lovesac's shares. Their LOVE share price forecasts range from $36.00 to $80.00. On average, they predict the company's share price to reach $60.25 in the next year. This suggests a possible upside of 185.8% 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 stock has decreased by 4.2% and is now trading at $21.08. 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 Wednesday, June 7th 2023. View our LOVE earnings forecast. How can I listen to Lovesac's earnings call? Lovesac will be holding an earnings conference call on Wednesday, June 7th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were Lovesac's earnings last quarter? The Lovesac Company (NASDAQ:LOVE) released its quarterly earnings data on Tuesday, March, 28th. The company reported $1.74 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.75 by $0.01. The firm earned $238.80 million during the quarter, compared to the consensus estimate of $219.13 million. Lovesac had a net margin of 4.33% and a trailing twelve-month return on equity of 16.69%. The firm's revenue for the quarter was up 21.7% on a year-over-year basis. During the same period in the previous year, the business earned $1.01 EPS. What ETFs hold Lovesac's stock? ETFs with the largest weight of Lovesac (NASDAQ:LOVE) stock in their portfolio include Janus Henderson Small Cap Growth Alpha ETF (JSML), What guidance has Lovesac issued on next quarter's earnings? Lovesac issued an update on its first quarter 2024 earnings guidance on Wednesday, March, 29th. The company provided EPS guidance of -$0.37--$0.36 for the period, compared to the consensus earnings per share estimate of -$0.06. The company issued revenue guidance of $133.00 million-$136.00 million, compared to the consensus revenue estimate of $134.30 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 initial public offering 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. 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 variety of institutional and retail investors. Top institutional shareholders include Granahan Investment Management LLC (8.44%), FMR LLC (6.89%), Hood River Capital Management LLC (6.88%), BlackRock Inc. (6.48%), Wasatch Advisors LP (6.27%) and Federated Hermes Inc. (4.11%). 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 $21.08. How much money does Lovesac make? Lovesac (NASDAQ:LOVE) has a market capitalization of $320.42 million and generates $651.54 million in revenue each year. The company earns $28.24 million in net income (profit) each year or $1.76 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 6/1/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding The Lovesac Company Please log in to your account or sign up in order to add this asset to your watchlist. 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