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DOW   34,006.88
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S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
Are Gene Therapy Stocks The Market's Next Big Winners?
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
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AI Boosts Duolingo As Company Posts First Profit
Alcoa, Krispy Kreme fall; Williams-Sonoma, Ford rise, Monday, 9/25/2023
S&P 500   4,337.44
DOW   34,006.88
QQQ   359.61
Are Gene Therapy Stocks The Market's Next Big Winners?
How is This "Hidden Gem" Thriving in a Turbulent Market? (Ad)
2 Must-Have Silicon Companies That Don't Make Microchips
Small Caps That Have Priced In A Hard Landing For Big Upside
Gold Could Be Heading for Record Highs - But How to Play It? (Ad)
This May Have Ended Alibaba's Winter, But Is It Time To Buy?
2 Stocks to Benefit from the Aging Population
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AI Boosts Duolingo As Company Posts First Profit
Alcoa, Krispy Kreme fall; Williams-Sonoma, Ford rise, Monday, 9/25/2023
NASDAQ:LOVE

Lovesac (LOVE) Stock Forecast, Price & News

$19.14
-0.67 (-3.38%)
(As of 09/25/2023 ET)
Compare
Today's Range
$18.73
$19.71
50-Day Range
$19.14
$29.42
52-Week Range
$17.60
$30.93
Volume
396,206 shs
Average Volume
343,836 shs
Market Capitalization
$291.31 million
P/E Ratio
14.07
Dividend Yield
N/A
Price Target
$52.75

Lovesac MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
175.6% Upside
$52.75 Price Target
Short Interest
Bearish
33.71% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.77mentions of Lovesac in the last 14 days
Based on 6 Articles This Week
Insider Trading
Acquiring Shares
$81,916 Bought Last Quarter
Proj. Earnings Growth
40.96%
From $1.88 to $2.65 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.83 out of 5 stars

Retail/Wholesale Sector

32nd out of 208 stocks

Furniture Stores Industry

1st out of 4 stocks


LOVE stock logo

About Lovesac (NASDAQ:LOVE) Stock

The 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.

LOVE Price History

LOVE Stock News Headlines

How is This "Hidden Gem" Thriving in a Turbulent Market?
While Wall Street flounders and giants like Amazon & Microsoft lay off thousands... One overlooked company has been quietly achieving over 400% growth. How? By buying, building, and scaling a portfolio of promising brands in high-margin, recession-resistant verticals.
Lovesac Board Member Trades $81K In Company Stock
Gold Could Be Heading for Record Highs - But How to Play It?
According to FX Empire, the gold forecast is now bullish, with support for a $3,000 target in 2024. The big question is how to play it. Some investors are discovering a unique gold investment alternative that sidesteps the major issues with gold mining stocks or physical gold.
The Lovesac Company (LOVE) Gets a Buy from D.A. Davidson
Why Lovesac Stock Briefly Plunged Today
The Lovesac shares drop 3% on accounting warning
See 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.

LOVE Company Calendar

Last Earnings
3/28/2023
Today
9/26/2023
Next Earnings (Estimated)
9/28/2023
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
$52.75
High Stock Price Forecast
$64.00
Low Stock Price Forecast
$37.00
Forecasted Upside/Downside
+175.6%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
3 Analysts

Profitability

Net Income
$28.24 million
Pretax Margin
4.64%

Debt

Sales & Book Value

Annual Sales
$651.54 million
Cash Flow
$2.50 per share
Book Value
$12.72 per share

Miscellaneous

Free Float
13,377,000
Market Cap
$291.31 million
Optionable
Not Optionable
Beta
2.49
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Key Executives

  • Mr. Shawn David NelsonMr. Shawn David Nelson (Age 46)
    Founder, CEO & Director
    Comp: $731.83k
  • Ms. Mary  FoxMs. Mary Fox (Age 50)
    Pres & COO
    Comp: $1.12M
  • Mr. Keith Robert Siegner (Age 48)
    Exec. VP & CFO
  • Mr. David Jensen
    Chief Technology Officer
  • Ms. Carly Kawaja
    Chief People Officer
  • Mr. John A. Legg (Age 61)
    Chief Supply Chain Officer













LOVE Stock - Frequently Asked Questions

Should I buy or sell Lovesac stock right now?

3 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lovesac in the last twelve months. There are currently 3 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?

3 analysts have issued 12-month target prices for Lovesac's shares. Their LOVE share price forecasts range from $37.00 to $64.00. On average, they predict the company's stock price to reach $52.75 in the next twelve months. This suggests a possible upside of 175.6% 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 shares have decreased by 13.0% and is now trading at $19.14.
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) posted its earnings results on Tuesday, March, 28th. The company reported $1.74 EPS for the quarter, missing the consensus estimate of $1.75 by $0.01. The business earned $238.80 million during the quarter, compared to the consensus estimate of $219.13 million. Lovesac had a net margin of 3.33% and a trailing twelve-month return on equity of 12.52%. The business's revenue was up 21.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.01 earnings per share.

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 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 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 number of retail and institutional investors. Top institutional shareholders 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 $19.14.

How much money does Lovesac make?

Lovesac (NASDAQ:LOVE) has a market capitalization of $291.31 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 9/26/2023 by MarketBeat.com Staff

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