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Lovesac Stock Price, News & Analysis (NASDAQ:LOVE)

$17.84
+0.31 (+1.77 %)
(As of 10/16/2019 02:56 AM ET)
Today's Range
$17.40
Now: $17.84
$18.17
50-Day Range
$15.68
MA: $18.07
$21.54
52-Week Range
$15.07
Now: $17.84
$46.79
Volume125,514 shs
Average Volume194,565 shs
Market Capitalization$259.38 million
P/E RatioN/A
Dividend YieldN/A
Beta0.27
The Lovesac Company designs, manufactures, and sells foam filled furniture, sectional couches, and related accessories. 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. The company markets its products through its 77 showrooms at top tier malls, lifestyle centers, and street locations in 30 states of the United States, as well as through online. The Lovesac Company was founded in 1998 and is headquartered in Stamford, Connecticut.

Industry, Sector and Symbol

Industry Furniture stores
Sub-IndustryN/A
SectorRetail/Wholesale
Current SymbolNASDAQ:LOVE
CUSIPN/A
CIKN/A
Phone888-636-1223

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$165.88 million
Book Value$5.82 per share

Profitability

Net Income$-6,700,000.00

Miscellaneous

Employees198
Market Cap$259.38 million
Next Earnings Date12/17/2019 (Estimated)
OptionableNot Optionable

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Lovesac (NASDAQ:LOVE) Frequently Asked Questions

What is Lovesac's stock symbol?

Lovesac trades on the NASDAQ under the ticker symbol "LOVE."

How were Lovesac's earnings last quarter?

Lovesac Co (NASDAQ:LOVE) released its quarterly earnings results on Wednesday, September, 11th. The company reported ($0.31) EPS for the quarter, topping the consensus estimate of ($0.51) by $0.20. The firm had revenue of $48.10 million for the quarter, compared to analyst estimates of $47.78 million. Lovesac had a negative return on equity of 9.23% and a negative net margin of 4.06%. The firm's revenue for the quarter was up 44.9% compared to the same quarter last year. View Lovesac's Earnings History.

When is Lovesac's next earnings date?

Lovesac is scheduled to release their next quarterly earnings announcement on Tuesday, December 17th 2019. View Earnings Estimates for Lovesac.

What guidance has Lovesac issued on next quarter's earnings?

Lovesac issued an update on its FY 2020 earnings guidance on Wednesday, September, 11th. The company provided EPS guidance of for the period. The company issued revenue guidance of $232.234-240.528 million, compared to the consensus revenue estimate of $239.9 million.

What price target have analysts set for LOVE?

6 brokers have issued 12 month target prices for Lovesac's stock. Their predictions range from $30.00 to $45.00. On average, they anticipate Lovesac's share price to reach $35.83 in the next year. This suggests a possible upside of 100.9% from the stock's current price. View Analyst Price Targets for Lovesac.

What is the consensus analysts' recommendation for Lovesac?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lovesac in the last year. There are currently 6 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lovesac.

What are Wall Street analysts saying about Lovesac stock?

Here are some recent quotes from research analysts about Lovesac stock:
  • 1. According to Zacks Investment Research, "The Lovesac Company retails home furnishing products. The Company offers alternative furniture store, sectionals, bean bags, bean bag chairs as well as other accessories such as blankets, footsacs and throw pillows. Its registered trademark consists of Lovesac(R), Sac(R) and Sactionals(R). The Lovesac Company is based in Stamford, Connecticut. " (9/17/2019)
  • 2. Stifel Nicolaus analysts commented, "We are trimming our 2020 revenue by less than 1% as we shift revenue growth expectations from 3Q into 4Q on later timing of marketing initiatives and new showroom openings. The company supply chain transition is ahead of our expectation and should benefit gross margin progression into next year. We are lowering our PT on shares of LOVE to $32 from $38 on slightly lower revenue estimates and maintain our Buy rating." (9/11/2019)

Has Lovesac been receiving favorable news coverage?

Media stories about LOVE stock have been trending very negative this week, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Lovesac earned a daily sentiment score of -3.3 on InfoTrie's scale. They also gave headlines about the company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the stock's share price in the next several days. View News Stories for Lovesac.

Are investors shorting Lovesac?

Lovesac saw a increase in short interest during the month of September. As of September 30th, there was short interest totalling 2,600,000 shares, an increase of 23.2% from the August 30th total of 2,110,000 shares. Based on an average trading volume of 294,400 shares, the short-interest ratio is presently 8.8 days. Currently, 27.5% of the company's shares are sold short. View Lovesac's Current Options Chain.

Who are some of Lovesac's key 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 Targa Resources (TRGP), GEA Group Aktiengesellschaft (G1A), AstroNova (ALOT), Market Leader (LEDR), Mondelez International (MDLZ), Taseko Mines (TGB), Westell Technologies (WSTL), Ford Motor (F), KEMET (KEM) and Meritor (MTOR).

Who are Lovesac's key executives?

Lovesac's management team includes the folowing people:
  • Mr. Shawn David Nelson, Founder, CEO & Director (Age 42)
  • Mr. Jack A. Krause, Pres & COO (Age 56)
  • Ms. Donna L. Dellomo, Exec. VP, CFO, Treasurer & Sec. (Age 55)
  • Mr. David Jensen, CTO & Chief Information Officer

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 $13.00-$15.00 per share. Roth Capital Partners served as the underwriter for the IPO and Craig-Hallum Capital Group was co-manager.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity and Charles Schwab.

What is Lovesac's stock price today?

One share of LOVE stock can currently be purchased for approximately $17.84.

How big of a company is Lovesac?

Lovesac has a market capitalization of $259.38 million and generates $165.88 million in revenue each year. Lovesac employs 198 workers across the globe.View Additional Information About Lovesac.

What is Lovesac's official website?

The official website for Lovesac is http://www.lovesac.com/.

How can I contact Lovesac?

Lovesac's mailing address is TWO LANDMARK SQUARE SUITE 300, STAMFORD CT, 06901. The company can be reached via phone at 888-636-1223 or via email at [email protected]


MarketBeat Community Rating for Lovesac (NASDAQ LOVE)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  54 (Thanks for Voting!)
Underperform Votes:  68 (Thanks for Voting!)
Total Votes:  122
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.
This page was last updated on 10/16/2019 by MarketBeat.com Staff

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