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S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Instantly Find Hidden Trade Opportunities (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Instantly Find Hidden Trade Opportunities (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Instantly Find Hidden Trade Opportunities (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Instantly Find Hidden Trade Opportunities (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Instantly Find Hidden Trade Opportunities (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Instantly Find Hidden Trade Opportunities (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
S&P 500   4,179.83
DOW   32,908.27
QQQ   347.99
Stock market today: Asian shares mostly rise after House approves debt ceiling deal
Instantly Find Hidden Trade Opportunities (Ad)
Alibaba Unveils Its Spin-Off Plans
The Most Upgraded Stocks From The Q1 Earnings Season
Instantly Find Hidden Trade Opportunities (Ad)
Oman launches $5B investment fund as part of efforts to diversify oil-dependant economy
Can the Dow's 2023 Runaway Winners Keep Running?
Instantly Find Hidden Trade Opportunities (Ad)
KLA Shares Soars As Chip Equipment Makers Surge 21% In May
Can These Two Crypto Stocks Stage a Comeback?
NASDAQ:LOVE

Lovesac (LOVE) Stock Forecast, Price & News

$21.08
-0.11 (-0.52%)
(As of 05/31/2023 ET)
Compare
Today's Range
$20.68
$21.26
50-Day Range
$20.03
$30.16
52-Week Range
$17.60
$39.81
Volume
364,529 shs
Average Volume
475,292 shs
Market Capitalization
$320.42 million
P/E Ratio
11.98
Dividend Yield
N/A
Price Target
$60.25

Lovesac MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
185.8% Upside
$60.25 Price Target
Short Interest
Bearish
34.36% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
N/A
Insider Trading
Selling Shares
$201,600 Sold Last Quarter
Proj. Earnings Growth
41.44%
From $1.81 to $2.56 Per Share

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 stars

Retail/Wholesale Sector

13th out of 213 stocks

Furniture Stores Industry

1st out of 4 stocks


LOVE stock logo

About Lovesac (NASDAQ:LOVE) Stock

The 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.

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LOVE Stock News Headlines

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.
This NASDAQ Stock Is The Amazon Of Medical Supply
This Little Known Company IS Quickly Becoming The Amazon Of Medical Supply. Learn More Now
Lovesac: Kick Your Feet Up
Lovesac (NASDAQ:LOVE) Issues Q1 2024 Earnings Guidance
Lovesac (NASDAQ:LOVE) Issues FY 2024 Earnings Guidance
Lovesac (NASDAQ:LOVE) PT Raised to $36.00 at Roth Mkm
Lovesac (NASDAQ:LOVE) Issues FY24 Earnings Guidance
See More Headlines
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LOVE Company Calendar

Last Earnings
3/28/2023
Today
5/31/2023
Next Earnings (Confirmed)
6/07/2023
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
$60.25
High Stock Price Forecast
$80.00
Low Stock Price Forecast
$36.00
Forecasted Upside/Downside
+185.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
8 Analysts

Profitability

Net Income
$28.24 million
Pretax Margin
5.97%

Debt

Sales & Book Value

Annual Sales
$651.54 million
Cash Flow
$2.55 per share
Book Value
$12.72 per share

Miscellaneous

Free Float
13,359,000
Market Cap
$320.42 million
Optionable
Not Optionable
Beta
2.39

Key Executives

  • Shawn David NelsonShawn David Nelson
    Chief Executive Officer & Director
  • Mary FoxMary Fox
    President & Chief Operating Officer
  • Donna L. DellomoDonna L. Dellomo
    CFO, Secretary, Treasurer & Executive VP
  • Jack A. Krause
    Director & Chief Strategy Officer
  • John A. Legg
    Chief Supply Chain Officer













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

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