NASDAQ:LOVE Lovesac Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium 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. $33.36 +2.29 (+7.37%) (As of 06/24/2022 06:55 PM ET) Add Compare Share Today's Range$30.98▼$33.4850-Day Range$26.44▼$50.5452-Week Range$26.05▼$87.12Volume397,500 shsAverage Volume464,045 shsMarket Capitalization$504.57 millionP/E Ratio11.75Dividend YieldN/APrice Target$97.71 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media 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 Stock Forecast (MarketRank)Overall MarketRank™3.15 out of 5 starsRetail/Wholesale Sector30th out of 282 stocksFurniture Stores Industry1st out of 4 stocksAnalyst Opinion: 3.5Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 4.4 5 -4 -3 -2 -1 - 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 4 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $97.71, Lovesac has a forecasted upside of 192.9% from its current price of $33.36.Amount of Analyst CoverageLovesac has only been the subject of 1 research reports in the past 90 days. Previous Next 4.5 Community Rank Outperform VotesLovesac has received 146 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLovesac has received 68 “underperform” votes. (Add your “underperform” vote.)Community SentimentLovesac has received 68.22% “outperform” votes from our community.MarketBeat's community ratings are surveys of what our community members think about Lovesac and other stocks. Vote “Outperform” if you believe LOVE will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LOVE will underperform the S&P 500 over the long term. You may vote once every thirty days. 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 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lovesac insiders have sold 129.98% more of their company's stock than they have bought. Specifically, they have bought $199,840.00 in company stock and sold $459,584.00 in company stock.Percentage Held by InsidersOnly 8.66% of the stock of Lovesac is held by insiders.Percentage Held by Institutions97.12% 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 22.44% in the coming year, from $3.03 to $3.71 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lovesac is 11.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 17.09.Price to Earnings Ratio vs. SectorThe P/E ratio of Lovesac is 11.75, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 12.15.Price to Earnings Growth RatioLovesac has a PEG Ratio of 0.31. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioLovesac has a P/B Ratio of 3.23. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Lovesac (NASDAQ:LOVE)The Lovesac Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and accessories comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans. As of January 30, 2022, the company operated 146 showrooms. It markets its products primarily through lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, kiosks, mobile concierges, and street locations in 39 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.Read More LOVE Stock News HeadlinesJune 8, 2022 | marketbeat.comIt’s Time To Grab The Lovesac Company By The Shorts The Lovesac Company (NASDAQ: LOVE) has been in a downtrend since early in 2021 driven by fears of slowing growth, diminishing tailwinds, and supply chain issues, and those fears were misplaced. The Q1 2023 results are so strong as to make us believe the analysts haven’t been paying attention and, to be fair, they really haven’t.June 22, 2022 | seekingalpha.comLovesac Stock: Declining Consumer Confidence May Slow Growth - Seeking AlphaJune 22, 2022 | businesswire.comGlobal Bean Bags Market Report 2022-2027, Featuring Profiles of Yogibo, MUJI, Bean Bag City, Jaxx Bean Bags, Comfy Sacks and Love Sac - ResearchAndMarkets.com - Business WireJune 14, 2022 | nasdaq.com2 Growth Stocks That Could Double in Value - NasdaqJune 14, 2022 | finance.yahoo.com2 Growth Stocks That Could Double in ValueJune 12, 2022 | fool.com5 Cutting-Edge Growth Stocks That Can Turn $200,000 Into $1 Million by 2030 - The Motley FoolJune 12, 2022 | nasdaq.com5 Cutting-Edge Growth Stocks That Can Turn $200,000 Into $1 Million by 2030 - NasdaqJune 11, 2022 | fool.comHere's Why I Just Bought Lovesac Stock - The Motley FoolJune 11, 2022 | nasdaq.comHere's Why I Just Bought Lovesac Stock - NasdaqJune 11, 2022 | finance.yahoo.comHere's Why I Just Bought Lovesac StockJune 11, 2022 | americanbankingnews.comLovesac (NASDAQ:LOVE) Price Target Cut to $70.00June 11, 2022 | americanbankingnews.comStifel Nicolaus Lowers Lovesac (NASDAQ:LOVE) Price Target to $90.00June 11, 2022 | americanbankingnews.comLovesac (NASDAQ:LOVE) PT Lowered to $100.00See More Headlines Industry, 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/AEmployees1,185Year FoundedN/ACompany Calendar Last Earnings6/08/2022Today6/27/2022Next Earnings (Estimated)9/08/2022Fiscal Year End1/31/2023Price Target and Rating Average Stock Price Forecast$97.71 High Stock Price Forecast$124.00 Low Stock Price Forecast$70.00 Forecasted Upside/Downside+192.9%Consensus RatingBuy Rating Score (0-4)3 Research Coverage4 Analysts Profitability EPS (Most Recent Fiscal Year)$2.839990 Trailing P/E Ratio11.75 Forward P/E Ratio11.01 P/E Growth0.31Net Income$45.90 million Net Margins8.40% Pretax Margin7.10% Return on Equity21.22% Return on Assets8.94% Debt Debt-to-Equity RatioN/A Current Ratio2.02 Quick Ratio0.84 Sales & Book Value Annual Sales$498.24 million Price / Sales1.01 Cash Flow$2.48 per share Price / Cash Flow13.47 Book Value$10.33 per share Price / Book3.23Miscellaneous Outstanding Shares15,125,000Free Float13,815,000Market Cap$504.57 million OptionableNot Optionable Beta2.45 Lovesac Frequently Asked Questions Should I buy or sell Lovesac stock right now? 4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lovesac in the last twelve months. There are currently 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Lovesac stock. View analyst ratings for Lovesac or view top-rated stocks. What is Lovesac's stock price forecast for 2022? 4 brokerages have issued 12-month target prices for Lovesac's shares. Their LOVE stock forecasts range from $70.00 to $124.00. On average, they predict Lovesac's share price to reach $97.71 in the next year. This suggests a possible upside of 192.9% from the stock's current price. View analysts' price targets for Lovesac or view top-rated stocks among Wall Street analysts. How has Lovesac's stock price performed in 2022? Lovesac's stock was trading at $66.26 at the beginning of the year. Since then, LOVE shares have decreased by 49.7% and is now trading at $33.36. View the best growth stocks for 2022 here. When is Lovesac's next earnings date? Lovesac is scheduled to release its next quarterly earnings announcement on Thursday, September 8th 2022. View our earnings forecast for Lovesac. How were Lovesac's earnings last quarter? The Lovesac Company (NASDAQ:LOVE) posted its quarterly earnings results on Wednesday, June, 8th. The company reported $0.12 earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.32. The business earned $129.40 million during the quarter, compared to analyst estimates of $114.81 million. Lovesac had a net margin of 8.40% and a trailing twelve-month return on equity of 21.22%. The firm's quarterly revenue was up 56.1% on a year-over-year basis. During the same period in the prior year, the firm posted $0.13 EPS. View Lovesac's earnings history. Who are Lovesac's key executives? Lovesac's management team includes the following people: Mr. Shawn David Nelson, Founder, CEO & Director (Age 45, Pay $907.35k) (LinkedIn Profile)Ms. Mary Fox, Pres & COO (Age 49, Pay $1.09M)Ms. Donna L. Dellomo, Exec. VP, CFO, Treasurer & Sec. (Age 58, Pay $772.39k) (LinkedIn Profile)Mr. Jack A. Krause, Chief Strategy Officer & Director (Age 59, Pay $906.97k)Mr. David Jensen, Chief Technology OfficerMr. Todd Duran, Chief Information Officer What is Shawn Nelson's approval rating as Lovesac's CEO? 107 employees have rated Lovesac CEO Shawn Nelson on Glassdoor.com. Shawn Nelson has an approval rating of 68% among Lovesac's employees. Who are some of Lovesac's key competitors? Some companies that are related to Lovesac include Weis Markets (WMK), Urban Outfitters (URBN), KAR Auction Services (KAR), GMS (GMS), Shake Shack (SHAK), Dave & Buster's Entertainment (PLAY), Domino's Pizza Group (DPUKY), Ingles Markets (IMKTA), Bloomin' Brands (BLMN), Sovos Brands (SOVO), Qurate Retail (QRTEB), ODP (ODP), Newegg Commerce (NEGG), Cheesecake Factory (CAKE) and Sonic Automotive (SAH). View all of LOVE's competitors. 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 (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 variety of institutional and retail investors. Top institutional investors include Wasatch Advisors Inc. (6.71%), Granahan Investment Management LLC (5.89%), BlackRock Inc. (5.59%), Hood River Capital Management LLC (5.43%), Vanguard Group Inc. (4.96%) and Federated Hermes Inc. (4.30%). Company insiders that own Lovesac stock include Albert Jack Krause, Andrew R Heyer, Donna Dellomo, Mary Fox, Satori Capital, Llc, Shawn David Nelson, Shirley Romig, Stuart A Wevik and Walter Field Mclallen. View institutional ownership trends for Lovesac. Which institutional investors are selling Lovesac stock? LOVE stock was sold by a variety of institutional investors in the last quarter, including American Century Companies Inc., Lord Abbett & CO. LLC, Calamos Advisors LLC, Russell Investments Group Ltd., PEAK6 Investments LLC, BlackRock Inc., Premier Fund Managers Ltd, and Engineers Gate Manager LP. Company insiders that have sold Lovesac company stock in the last two years include Albert Jack Krause, Andrew R Heyer, Donna Dellomo, Mary Fox, Satori Capital, Llc, Shawn David Nelson, Shirley Romig, and Stuart A Wevik. View insider buying and selling activity for Lovesac or view top insider-selling stocks. Which institutional investors are buying Lovesac stock? LOVE stock was bought by a variety of institutional investors in the last quarter, including Hood River Capital Management LLC, Wasatch Advisors Inc., Granahan Investment Management LLC, SG Capital Management LLC, Dimensional Fund Advisors LP, Dynamic Technology Lab Private Ltd, Millrace Asset Group Inc., and Los Angeles Capital Management LLC. View insider buying and selling activity for Lovesac or or view top insider-buying stocks. How do I buy shares of Lovesac? 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. Compare Top Brokerages Here. What is Lovesac's stock price today? One share of LOVE stock can currently be purchased for approximately $33.36. How much money does Lovesac make? Lovesac (NASDAQ:LOVE) has a market capitalization of $504.57 million and generates $498.24 million in revenue each year. The company earns $45.90 million in net income (profit) each year or $2.839990 on an earnings per share basis. How many employees does Lovesac have? Lovesac employs 1,185 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 Lovesac is www.lovesac.com. The company can be reached via phone at (207) 273-9733 or via email at [email protected]. This page (NASDAQ:LOVE) was last updated on 6/27/2022 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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