NASDAQ:LOVE

The Lovesac Stock Forecast, Price & News

$48.88

-1.80 (-3.55 %)

(As of 01/15/2021 12:00 AM ET)

Add

Compare

Today's Range

$48.10

Now: $48.88▼

$50.53

50-Day Range

$31.24

MA: $40.74▼

$50.68

52-Week Range

$3.99

Now: $48.88▼

$52.00

Volume321,152 shs

Average Volume434,398 shs

Market Capitalization$717.71 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.

Overall MarketRank^™

1.53 out of 5 stars

Retail/Wholesale Sector

86th out of 321 stocks

Furniture Stores Industry

2nd out of 3 stocks

1.5 Analyst's Opinion

Consensus Rating
The Lovesac has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 8 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $42.25, The Lovesac has a forecasted downside of 13.6% from its current price of $48.88.
Amount of Analyst Coverage
The Lovesac has only been the subject of 3 research reports in the past 90 days.

2.6 Community Rank

Outperform Votes
The Lovesac has received 115 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
The Lovesac has received 105 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
The Lovesac has received 52.27% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about The 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.

0.0 Dividend Strength

Dividend Yield
The Lovesac does not currently pay a dividend.
Dividend Growth
The Lovesac does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, The Lovesac insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $42,275,070.00 in company stock.
Percentage Held by Insiders
Only 31.31% of the stock of The Lovesac is held by insiders.
Percentage Held by Institutions
84.16% of the stock of The Lovesac is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9 Earnings and Valuation

Earnings Growth
Earnings for The Lovesac are expected to grow by 200.00% in the coming year, from $0.10 to $0.30 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of The Lovesac is -376.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of The Lovesac is -376.00, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Growth Ratio
The Lovesac has a PEG Ratio of 14.04. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
The Lovesac has a P/B Ratio of 7.88. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Furniture stores

Sub-IndustryN/A

SectorRetail/Wholesale

Current SymbolNASDAQ:LOVE

Previous Symbol

CUSIPN/A

CIKN/A

Webwww.lovesac.com

Phone888-636-1223

Employees337

Debt

Debt-to-Equity RatioN/A

Current Ratio2.08

Quick Ratio1.11

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E Ratio488.80

P/E Growth14.04

Sales & Book Value

Annual Sales$233.38 million

Price / Sales3.08

Cash FlowN/A

Price / Cash FlowN/A

Book Value$6.20 per share

Price / Book7.88

Profitability

EPS (Most Recent Fiscal Year)($1.04)

Net Income$-15,200,000.00

Net Margins-0.55%

Return on Equity-1.84%

Return on Assets-1.18%

Miscellaneous

Outstanding Shares14,683,000

Market Cap$717.71 million

Next Earnings Date4/15/2021 (Estimated)

OptionableNot Optionable

$48.88

-1.80 (-3.55 %)

(As of 01/15/2021 12:00 AM ET)

30 days | 90 days | 365 days | Advanced Chart

Receive LOVE News and Ratings via Email

Sign-up to receive the latest news and ratings for LOVE and its competitors with MarketBeat's FREE daily newsletter.

The Lovesac (NASDAQ:LOVE) Frequently Asked Questions

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

The Lovesac's stock was trading at $7.33 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LOVE stock has increased by 566.8% and is now trading at $48.88.
View which stocks have been most impacted by COVID-19.

Is The Lovesac a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for The Lovesac in the last twelve months. There are currently 8 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 MarketBeat's top 5 stock picks.

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) released its earnings results on Tuesday, December, 8th. The company reported $0.16 EPS for the quarter, beating analysts' consensus estimates of ($0.88) by $1.04. The business earned $74.70 million during the quarter, compared to analyst estimates of $66.14 million. The Lovesac had a negative return on equity of 1.84% and a negative net margin of 0.55%. The company's revenue was up 43.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.46) EPS.
View The Lovesac's earnings history.

What price target have analysts set for LOVE?

8 equities research analysts have issued 1 year target prices for The Lovesac's stock. Their forecasts range from $25.00 to $62.00. On average, they expect The Lovesac's stock price to reach $42.25 in the next year. This suggests that the stock has a possible downside of 13.6%.
View analysts' price targets for The Lovesac or view Wall Street analyst' top-rated stocks.

Who are some of The Lovesac's key competitors?

Some companies that are related to The Lovesac include Bed Bath & Beyond (BBBY), Group 1 Automotive (GPI), Insight Enterprises (NSIT), Urban Outfitters (URBN), Woolworths (WLWHY), Brinker International (EAT), Overstock.com (OSTK), GameStop (GME), Revolve Group (RVLV), Sprouts Farmers Market (SFM), Rush Enterprises (RUSHA), The Michaels Companies (MIK), The ODP (ODP), KAR Auction Services (KAR) and Jack in the Box (JACK).
View all of LOVE's 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).

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

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 $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."

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.

What is The Lovesac's stock price today?

One share of LOVE stock can currently be purchased for approximately $48.88.

How big of a company is The Lovesac?

The Lovesac has a market capitalization of $717.71 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. 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.

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 1/16/2021 by MarketBeat.com Staff

30 Days of MarketBeat All Access for $1.00

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your Risk-Free Trial Subscription Here