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S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
S&P 500   3,911.74
DOW   31,500.68
QQQ   294.61
NASDAQ:LOVE

Lovesac Stock Forecast, Price & News

$33.36
+2.29 (+7.37%)
(As of 06/24/2022 06:55 PM ET)
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Today's Range
$30.98
$33.48
50-Day Range
$26.44
$50.54
52-Week Range
$26.05
$87.12
Volume
397,500 shs
Average Volume
464,045 shs
Market Capitalization
$504.57 million
P/E Ratio
11.75
Dividend Yield
N/A
Price Target
$97.71
30 days | 90 days | 365 days | Advanced Chart

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LOVE Stock Forecast (MarketRank)

Overall MarketRank

3.15 out of 5 stars

Retail/Wholesale Sector

30th out of 282 stocks

Furniture Stores Industry

1st out of 4 stocks

Analyst Opinion: 3.5Community Rank: 4.5Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 4.4 5 -4 -3 -2 -1 -
Lovesac logo

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.

LOVE Stock News Headlines

It’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.
2 Growth Stocks That Could Double in Value
Here's Why I Just Bought Lovesac Stock
Lovesac (NASDAQ:LOVE) Price Target Cut to $70.00
Lovesac (NASDAQ:LOVE) PT Lowered to $100.00
See More Headlines

Industry, Sector and Symbol

Industry
Furniture stores
Sub-Industry
N/A
Current Symbol
NASDAQ:LOVE
Fax
N/A
Employees
1,185
Year Founded
N/A

Company Calendar

Last Earnings
6/08/2022
Today
6/27/2022
Next Earnings (Estimated)
9/08/2022
Fiscal Year End
1/31/2023

Price 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 Rating
Buy
Rating Score (0-4)
3
Research Coverage
4 Analysts

Profitability

Net Income
$45.90 million
Pretax Margin
7.10%

Debt

Sales & Book Value

Annual Sales
$498.24 million
Cash Flow
$2.48 per share
Book Value
$10.33 per share

Miscellaneous

Free Float
13,815,000
Market Cap
$504.57 million
Optionable
Not Optionable
Beta
2.45














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:

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.

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

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