NASDAQ:LOVE Lovesac (LOVE) Stock Forecast, Price & News $19.18 +0.30 (+1.59%) (As of 09/27/2023 ET) Add Compare Share Share Today's Range$18.71▼$19.3350-Day Range$18.88▼$29.2852-Week Range$17.60▼$30.93Volume244,789 shsAverage Volume354,790 shsMarket Capitalization$291.92 millionP/E Ratio14.10Dividend YieldN/APrice Target$52.75 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Lovesac MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside175.0% Upside$52.75 Price TargetShort InterestBearish35.03% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.99Based on 5 Articles This WeekInsider TradingAcquiring Shares$81,916 Bought Last QuarterProj. Earnings Growth40.96%From $1.88 to $2.65 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.2.85 out of 5 starsRetail/Wholesale Sector29th out of 206 stocksFurniture Stores Industry3rd 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 3 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $52.75, Lovesac has a forecasted upside of 175.0% from its current price of $19.18.Amount of Analyst CoverageLovesac has only been the subject of 1 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted35.03% of the float of Lovesac has been sold short.Short Interest Ratio / Days to CoverLovesac has a short interest ratio ("days to cover") of 15.1, which indicates bearish sentiment.Change versus previous monthShort interest in Lovesac has recently increased by 3.77%, indicating that investor sentiment is decreasing. 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 3.9 News and Social Media Coverage News SentimentLovesac has a news sentiment score of 0.99. 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 0.58 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Lovesac this week, compared to 2 articles on an average week.Search Interest23 people have searched for LOVE on MarketBeat in the last 30 days. This is an increase of 109% compared to the previous 30 days.MarketBeat Follows10 people have added Lovesac to their MarketBeat watchlist in the last 30 days. This is an increase of 400% compared to the previous 30 days. Previous Next 2.5 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lovesac insiders have bought more of their company's stock than they have sold. Specifically, they have bought $81,916.00 in company stock and sold $0.00 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. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Lovesac are expected to grow by 40.96% in the coming year, from $1.88 to $2.65 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lovesac is 14.10, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 126.66.Price to Earnings Ratio vs. SectorThe P/E ratio of Lovesac is 14.10, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 24.74.Price to Earnings Growth RatioLovesac has a PEG Ratio of 0.29. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioLovesac has a P/B Ratio of 1.51. 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 Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and other products comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans. The company markets its products primarily through lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, mobile concierges, kiosks, and street locations in 40 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 Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LOVE Stock News HeadlinesSeptember 23, 2023 | benzinga.comBragar Eagel & Squire, P.C. Is Investigating Lovesac, and Orthofix and Encourages Investors to Contact the FirmSeptember 22, 2023 | finance.yahoo.comThe Lovesac Company Announces Notification from Nasdaq Related to Delayed Form 10-Q FilingSeptember 28, 2023 | Micro-Cap Stock Trader (Ad)Windfall profits possible with this under-the-radar lithium stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 21, 2023 | prnewswire.comLOVE EQUITY ALERT: ROSEN, A TOP RANKED LAW FIRM, Encourages The Lovesac Company Investors to Inquire About Securities Class Action Investigation - LOVESeptember 20, 2023 | benzinga.comLovesac Board Member Trades $81K In Company StockSeptember 12, 2023 | benzinga.comBragar Eagel & Squire, P.C. Is Investigating Blink, Lovesac, and DigitalOcean and Encourages Investors to Contact the FirmSeptember 11, 2023 | benzinga.comGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Continues Investigation of The Lovesac Company (LOVE) on Behalf of InvestorsSeptember 11, 2023 | msn.comWoman Makes DIY Version of the Viral $1k LoveSac for Unser $200 and It’s PerfectSeptember 28, 2023 | Micro-Cap Stock Trader (Ad)Windfall profits possible with this under-the-radar lithium stock.Investor Find Lithium Gold and Crush the Bear Market with 32k Metric TonsSeptember 8, 2023 | stockhouse.comThe Law Offices of Frank R. Cruz Continues Investigation of The Lovesac Company (LOVE) on Behalf of InvestorsSeptember 2, 2023 | benzinga.comBragar Eagel & Squire, P.C. Is Investigating Driven Brands, Blink, and Lovesac and Encourages Investors to Contact the FirmSeptember 1, 2023 | finance.yahoo.comThe Lovesac Company (LOVE) Posts Encouraging Q2 Preliminary ResultsSeptember 1, 2023 | markets.businessinsider.comThe Lovesac Company (LOVE) Gets a Buy from D.A. DavidsonAugust 31, 2023 | finance.yahoo.comThe Lovesac Company Reports Preliminary Second Quarter Fiscal Year 2024 ResultsAugust 30, 2023 | msn.comLovesac’s Up to 30% Off Sale Wants You to Celebrate Labor Day in Comfort: Shop NowAugust 28, 2023 | benzinga.comBragar Eagel & Squire, P.C. Is Investigating Blink, Lovesac, and Sage and Encourages Investors to Contact the FirmAugust 27, 2023 | finance.yahoo.comInvestors in Lovesac (NASDAQ:LOVE) have unfortunately lost 32% over the last yearAugust 25, 2023 | finance.yahoo.comWhy Lovesac Stock Briefly Plunged TodayAugust 23, 2023 | benzinga.comROSEN, RECOGNIZED INVESTOR COUNSEL, Encourages The Lovesac Company Investors to Inquire About Securities Class Action Investigation – LOVEAugust 22, 2023 | benzinga.comSHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of The Lovesac Company - LOVEAugust 21, 2023 | benzinga.comBragar Eagel & Squire, P.C. Is Investigating Hawaiian Electric, and Lovesac and Encourages Investors to Contact the FirmAugust 21, 2023 | benzinga.comInvestigation of The Lovesac Company (LOVE) Announced by Holzer & Holzer, LLCAugust 21, 2023 | benzinga.comLovesac Company: Company Investigated by the Portnoy Law FirmAugust 17, 2023 | au.investing.comThe Lovesac shares drop 3% on accounting warningAugust 17, 2023 | technews.tmcnet.comGlancy Prongay & Murray LLP, a Leading Securities Fraud Law Firm, Announces Investigation of The Lovesac Company (LOVE) on Behalf of InvestorsAugust 17, 2023 | benzinga.comThe Lovesac Company Investors: Company Investigated by the Portnoy Law FirmAugust 16, 2023 | technews.tmcnet.comThe Law Offices of Frank R. Cruz Announces Investigation of The Lovesac Company (LOVE) on Behalf of InvestorsSee More Headlines 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 Earnings3/28/2023Today9/28/2023Next Earnings (Estimated)9/28/2023Fiscal 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$52.75 High Stock Price Forecast$64.00 Low Stock Price Forecast$37.00 Forecasted Upside/Downside+175.0%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)$1.36 Trailing P/E Ratio14.10 Forward P/E Ratio10.20 P/E Growth0.29Net Income$28.24 million Net Margins3.33% Pretax Margin4.64% Return on Equity12.52% Return on Assets5.44% Debt Debt-to-Equity RatioN/A Current Ratio1.94 Quick Ratio0.83 Sales & Book Value Annual Sales$651.54 million Price / Sales0.45 Cash Flow$2.59 per share Price / Cash Flow7.41 Book Value$12.72 per share Price / Book1.51Miscellaneous Outstanding Shares15,220,000Free Float13,377,000Market Cap$291.92 million OptionableNot Optionable Beta2.49 Beginner's Guide to Pot Stock InvestingClick the link below and we'll send you MarketBeat's guide to pot stock investing and which pot companies show the most promise. Get This Free Report Key ExecutivesMr. Shawn David Nelson (Age 46)Founder, CEO & Director Comp: $731.83kMs. Mary Fox (Age 50)Pres & COO Comp: $1.12MMr. Keith Robert Siegner (Age 48)Exec. VP & CFO Mr. David JensenChief Technology OfficerMs. Carly KawajaChief People OfficerMr. John A. Legg (Age 61)Chief Supply Chain Officer More ExecutivesKey CompetitorsHaverty Furniture CompaniesNYSE:HVTJ.JillNYSE:JILLNatural Grocers by Vitamin CottageNYSE:NGVCNathan's FamousNASDAQ:NATHPSQNYSE:PSQHView All CompetitorsInsiders & InstitutionsBarclays PLCSold 1,670 shares on 9/21/2023Ownership: 0.035%Andrew R HeyerBought 3,768 shares on 9/15/2023Total: $81,916.32 ($21.74/share)Wolverine Trading LLCSold 7,000 shares on 8/23/2023Ownership: 0.000%Hook Mill Capital Partners LPBought 3,115 shares on 8/22/2023Ownership: 0.020%Walleye Capital LLCBought 2,100 shares on 8/15/2023Ownership: 0.000%View All Insider TransactionsView All Institutional Transactions LOVE Stock - Frequently Asked Questions Should I buy or sell Lovesac stock right now? 3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lovesac in the last year. There are currently 3 buy ratings for the stock. The consensus among Wall Street 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? 3 brokers have issued 12-month price objectives for Lovesac's stock. Their LOVE share price forecasts range from $37.00 to $64.00. On average, they anticipate the company's stock price to reach $52.75 in the next twelve months. This suggests a possible upside of 175.0% 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 start of the year. Since then, LOVE stock has decreased by 12.9% and is now trading at $19.18. 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 Thursday, September 28th 2023. View our LOVE earnings forecast. How were Lovesac's earnings last quarter? The Lovesac Company (NASDAQ:LOVE) issued its earnings results on Tuesday, March, 28th. The company reported $1.74 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.75 by $0.01. The company had revenue of $238.80 million for the quarter, compared to analysts' expectations of $219.13 million. Lovesac had a trailing twelve-month return on equity of 12.52% and a net margin of 3.33%. The business's revenue for the quarter was up 21.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.01 EPS. What guidance has Lovesac issued on next quarter's earnings? Lovesac updated its second quarter 2024 earnings guidance on Friday, September, 1st. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $154.00 million-$154.00 million, compared to the consensus revenue estimate of $149.66 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 (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 retail and institutional investors. Top institutional investors include Granahan Investment Management LLC (9.69%), BlackRock Inc. (6.87%), Wasatch Advisors LP (5.99%), Dimensional Fund Advisors LP (3.87%), Marshall Wace LLP (3.86%) and Intrinsic Edge Capital Management LLC (3.66%). 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 $19.18. How much money does Lovesac make? Lovesac (NASDAQ:LOVE) has a market capitalization of $291.92 million and generates $651.54 million in revenue each year. The company earns $28.24 million in net income (profit) each year or $1.36 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 9/28/2023 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. 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