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

$13.83
+0.58 (+4.38 %)
(As of 11/15/2019 04:00 PM ET)
Today's Range
$13.11
Now: $13.83
$13.99
50-Day Range
$13.25
MA: $17.17
$19.91
52-Week Range
$13.11
Now: $13.83
$46.79
Volume219,500 shs
Average Volume296,113 shs
Market Capitalization$201.09 million
P/E RatioN/A
Dividend YieldN/A
Beta0.22
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$201.09 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) issued its quarterly earnings data on Wednesday, September, 11th. The company reported ($0.31) EPS for the quarter, beating the Zacks' consensus estimate of ($0.51) by $0.20. The business 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 company's quarterly revenue was up 44.9% on a year-over-year basis. 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 earnings per share 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 Wall Street analysts have issued 12 month price targets for Lovesac's stock. Their forecasts range from $30.00 to $45.00. On average, they expect Lovesac's stock price to reach $35.83 in the next year. This suggests a possible upside of 159.1% 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. " (11/13/2019)
  • 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?

News coverage about LOVE stock has trended somewhat positive on Saturday, according to InfoTrie Sentiment Analysis. The research firm identifies negative and positive media coverage by analyzing more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lovesac earned a news impact score of 2.0 on InfoTrie's scale. They also gave media coverage about the company a news buzz of 0.0 out of 10, indicating that recent media coverage is extremely unlikely to have an impact on the company's share price in the near future. View News Stories for Lovesac.

Are investors shorting Lovesac?

Lovesac saw a increase in short interest during the month of October. As of October 31st, there was short interest totalling 3,190,000 shares, an increase of 20.4% from the September 30th total of 2,650,000 shares. Based on an average trading volume of 312,300 shares, the days-to-cover ratio is currently 10.2 days. Approximately 33.8% of the shares of the stock are short sold. 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), KEMET (KEM), GEA Group Aktiengesellschaft (G1A), AstroNova (ALOT), Advanced Micro Devices (AMD), ArQule (ARQL), Coupa Software (COUP), Cisco Systems (CSCO), DexCom (DXCM) and JD.Com (JD).

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 (IPO) 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 served as the underwriter for the IPO and Craig-Hallum Capital Group was co-manager.

Who are Lovesac's major shareholders?

Lovesac's stock is owned by a number of of institutional and retail investors. Top institutional investors include Skylands Capital LLC (2.16%), Russell Investments Group Ltd. (1.45%), Connors Investor Services Inc. (1.18%), 1492 Capital Management LLC (1.03%), Calamos Advisors LLC (0.65%) and Chartwell Investment Partners LLC (0.42%). Company insiders that own Lovesac stock include Sac Acquisition Llc and Satori Capital, Llc. View Institutional Ownership Trends for Lovesac.

Which major investors are selling Lovesac stock?

LOVE stock was sold by a variety of institutional investors in the last quarter, including Calamos Advisors LLC and Eidelman Virant Capital. Company insiders that have sold Lovesac company stock in the last year include Sac Acquisition Llc and Satori Capital, Llc. View Insider Buying and Selling for Lovesac.

Which major investors are buying Lovesac stock?

LOVE stock was acquired by a variety of institutional investors in the last quarter, including Connors Investor Services Inc., Skylands Capital LLC, Russell Investments Group Ltd., Granite Point Capital Management L.P., Kornitzer Capital Management Inc. KS, Chartwell Investment Partners LLC and 1492 Capital Management LLC. View Insider Buying and Selling for Lovesac.

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 $13.83.

How big of a company is Lovesac?

Lovesac has a market capitalization of $201.09 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:  57 (Vote Outperform)
Underperform Votes:  71 (Vote Underperform)
Total Votes:  128
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 11/16/2019 by MarketBeat.com Staff

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