S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
pixel
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
pixel
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S&P 500   3,870.29
DOW   31,391.52
QQQ   318.40
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NASDAQ:LOVE

The Lovesac Stock Forecast, Price & News

$61.75
-2.94 (-4.54 %)
(As of 03/2/2021 12:00 AM ET)
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Today's Range
$61.05
Now: $61.75
$66.00
50-Day Range
$45.94
MA: $55.20
$64.69
52-Week Range
$3.99
Now: $61.75
$66.00
Volume225,153 shs
Average Volume373,460 shs
Market Capitalization$906.68 million
P/E RatioN/A
Dividend YieldN/A
Beta2.58
The Lovesac Company designs, manufactures, and sells foam filled furniture, sectional couches, and related accessories. The company offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and accessories comprising drink holders, foot sac blankets, decorative pillows, fitted seat tables, and ottomans. It markets its products through its approximately 91 showrooms at top tier malls, lifestyle centers, and street locations in 35 states of the United States, as well as through online. The Lovesac Company was founded in 1998 and is headquartered in Stamford, Connecticut.
The Lovesac logo

Industry, Sector and Symbol

Industry Furniture stores
Sub-IndustryN/A
Current SymbolNASDAQ:LOVE
CUSIPN/A
CIKN/A
Phone888-636-1223
Employees337
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$233.38 million
Book Value$6.20 per share

Profitability

Net Income$-15,200,000.00

Miscellaneous

Market Cap$906.68 million
Next Earnings Date4/15/2021 (Estimated)
OptionableNot Optionable

MarketRank

Overall MarketRank

1.53 out of 5 stars

Retail/Wholesale Sector

89th out of 383 stocks

Furniture Stores Industry

2nd out of 3 stocks

Analyst Opinion: 1.5Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$61.75
-2.94 (-4.54 %)
(As of 03/2/2021 12:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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The Lovesac (NASDAQ:LOVE) Frequently Asked Questions

Is The Lovesac a buy right now?

7 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Lovesac in the last year. There are currently 7 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" The Lovesac stock.
View analyst ratings for The Lovesac
or view top-rated stocks.

What stocks does MarketBeat like better than The Lovesac?

Wall Street analysts have given The Lovesac a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but The Lovesac wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is The Lovesac's next earnings date?

The Lovesac is scheduled to release its next quarterly earnings announcement on Thursday, April 15th 2021.
View our earnings forecast for The Lovesac
.

How were The Lovesac's earnings last quarter?

The Lovesac Company (NASDAQ:LOVE) issued its quarterly earnings results on Tuesday, December, 8th. The company reported $0.16 EPS for the quarter, topping the Zacks' consensus estimate of ($0.88) by $1.04. The firm earned $74.70 million during the quarter, compared to analyst estimates of $66.14 million. The Lovesac had a negative trailing twelve-month return on equity of 1.84% and a negative net margin of 0.55%. The firm's quarterly revenue was up 43.4% compared to the same quarter last year. During the same quarter last year, the company posted ($0.46) EPS.
View The Lovesac's earnings history
.

How has The Lovesac's stock price been impacted by COVID-19?

The Lovesac's stock was trading at $7.33 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LOVE stock has increased by 742.4% and is now trading at $61.75.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for LOVE?

7 analysts have issued 12 month price objectives for The Lovesac's shares. Their forecasts range from $30.00 to $62.00. On average, they expect The Lovesac's share price to reach $45.43 in the next year. This suggests that the stock has a possible downside of 26.4%.
View analysts' price targets for The Lovesac
or view top-rated stocks among Wall Street analysts.

Who are The Lovesac's key executives?

The Lovesac's management team includes the following people:
  • Mr. Shawn David Nelson, Founder, CEO & Director (Age 43, Pay $397.12k)
  • Mr. Jack A. Krause, Pres & COO (Age 58, Pay $397.12k)
  • Ms. Donna L. Dellomo, Exec. VP, CFO, Treasurer & Sec. (Age 57, Pay $422.12k)
  • Mr. David Jensen, CTO & Chief Information Officer

What is Shawn Nelson's approval rating as The Lovesac's CEO?

107 employees have rated The Lovesac CEO Shawn Nelson on Glassdoor.com. Shawn Nelson has an approval rating of 68% among The Lovesac's employees.

Who are some of The Lovesac's key competitors?

What other stocks do shareholders of The Lovesac own?

Based on aggregate information from My MarketBeat watchlists, some companies that other The 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 The Lovesac IPO?

(LOVE) raised $46 million in an 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 acted as the underwriter for the IPO and Craig-Hallum Capital Group was co-manager.

What is The Lovesac's stock symbol?

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

Who are The Lovesac's major shareholders?

The Lovesac's stock is owned by a variety of retail and institutional investors. Top institutional investors include Alliancebernstein L.P. (10.16%), Janus Henderson Group PLC (5.99%), Hood River Capital Management LLC (5.26%), BlackRock Inc. (4.89%), Federated Hermes Inc. (4.68%) and FIL Ltd (3.91%). Company insiders that own The Lovesac stock include Albert Jack Krause, Andrew R Heyer, Sac Acquisition Llc, Satori Capital, Llc and Shawn David Nelson.
View institutional ownership trends for The Lovesac
.

Which institutional investors are selling The Lovesac stock?

LOVE stock was sold by a variety of institutional investors in the last quarter, including Kornitzer Capital Management Inc. KS, 1492 Capital Management LLC, Landscape Capital Management L.L.C., Millrace Asset Group Inc., Monarch Partners Asset Management LLC, Great Lakes Advisors LLC, State of Wisconsin Investment Board, and Calamos Advisors LLC. Company insiders that have sold The Lovesac company stock in the last year include Albert Jack Krause, Andrew R Heyer, Satori Capital, Llc, and Shawn David Nelson.
View insider buying and selling activity for The Lovesac
or view top insider-selling stocks.

Which institutional investors are buying The Lovesac stock?

LOVE stock was acquired by a variety of institutional investors in the last quarter, including Hood River Capital Management LLC, Advisory Research Inc., BlackRock Inc., GSA Capital Partners LLP, Royce & Associates LP, Los Angeles Capital Management LLC, Alliancebernstein L.P., and Ameritas Investment Company LLC. Company insiders that have bought The Lovesac stock in the last two years include Albert Jack Krause, and Andrew R Heyer.
View insider buying and selling activity for The Lovesac
or or view top insider-buying stocks.

How do I buy shares of The 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 The Lovesac's stock price today?

One share of LOVE stock can currently be purchased for approximately $61.75.

How much money does The Lovesac make?

The Lovesac has a market capitalization of $906.68 million and generates $233.38 million in revenue each year. The company earns $-15,200,000.00 in net income (profit) each year or ($1.04) on an earnings per share basis.

How many employees does The Lovesac have?

The Lovesac employs 337 workers across the globe.

What is The Lovesac's official website?

The official website for The Lovesac is www.lovesac.com.

Where are The Lovesac's headquarters?

The Lovesac is headquartered at TWO LANDMARK SQUARE SUITE 300, STAMFORD CT, 06901.

How can I contact The Lovesac?

The 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]


This page was last updated on 3/3/2021 by MarketBeat.com Staff

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