S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
Elon Musk Sees Serious Crisis (Ad)
This Is Why Daktronics Fell 40% In One Day 
On the money: Yellen's next milestone is name on US currency
Elon Musk Sees Serious Crisis (Ad)
Biden releasing nearly $36B to aid pensions of union workers
Is It Time To Throw In The Towel On Gamestop?
Nobel Prize Winner's Premonition About Nuclear Energy Comes True (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Thursday 12/8/2022
S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
Elon Musk Sees Serious Crisis (Ad)
This Is Why Daktronics Fell 40% In One Day 
On the money: Yellen's next milestone is name on US currency
Elon Musk Sees Serious Crisis (Ad)
Biden releasing nearly $36B to aid pensions of union workers
Is It Time To Throw In The Towel On Gamestop?
Nobel Prize Winner's Premonition About Nuclear Energy Comes True (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Thursday 12/8/2022
S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
Elon Musk Sees Serious Crisis (Ad)
This Is Why Daktronics Fell 40% In One Day 
On the money: Yellen's next milestone is name on US currency
Elon Musk Sees Serious Crisis (Ad)
Biden releasing nearly $36B to aid pensions of union workers
Is It Time To Throw In The Towel On Gamestop?
Nobel Prize Winner's Premonition About Nuclear Energy Comes True (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Thursday 12/8/2022
S&P 500   3,963.51
DOW   33,781.48
QQQ   283.85
101 Christmas Gift Ideas Under $40
Elon Musk Sees Serious Crisis (Ad)
This Is Why Daktronics Fell 40% In One Day 
On the money: Yellen's next milestone is name on US currency
Elon Musk Sees Serious Crisis (Ad)
Biden releasing nearly $36B to aid pensions of union workers
Is It Time To Throw In The Towel On Gamestop?
Nobel Prize Winner's Premonition About Nuclear Energy Comes True (Ad)
Closing prices for crude oil, gold and other commodities
How major US stock indexes fared Thursday 12/8/2022
NASDAQ:LOVE

Lovesac - LOVE Stock Forecast, Price & News

$19.03
+1.32 (+7.45%)
(As of 12/8/2022 12:00 AM ET)
Add
Compare
Today's Range
$17.67
$19.76
50-Day Range
$17.71
$27.17
52-Week Range
$17.60
$85.13
Volume
679,430 shs
Average Volume
369,824 shs
Market Capitalization
$288.88 million
P/E Ratio
9.28
Dividend Yield
N/A
Price Target
$63.71

Lovesac MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
234.8% Upside
$63.71 Price Target
Short Interest
Healthy
11.80% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.55mentions of Lovesac in the last 14 days
Based on 15 Articles This Week
Insider Trading
Acquiring Shares
$41,200 Bought Last Quarter
Proj. Earnings Growth
44.21%
From $2.33 to $3.36 Per Share

Overall MarketRank

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

3.25 out of 5 stars

Retail/Wholesale Sector

1st out of 212 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 accessories comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans. As of January 30, 2022, the company operated 146 showrooms. It markets its products primarily through lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, kiosks, mobile concierges, and street locations in 39 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.

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LOVE Stock News Headlines

Stock Market Sell-Off: Is Lovesac a Buy?
Lovesac (LOVE) to Release Earnings on Wednesday
Pink Lipps Cosmetics opens storefront on The Plaza
2 Stocks I Bought This Week, 1 Stock I Sold
See More Headlines
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LOVE Company Calendar

Last Earnings
12/08/2021
Today
12/09/2022
Next Earnings (Estimated)
12/14/2022
Fiscal Year End
1/31/2023

Industry, Sector and Symbol

Industry
Furniture stores
Sub-Industry
N/A
Current Symbol
NASDAQ:LOVE
Fax
N/A
Employees
1,185
Year Founded
N/A

Price Target and Rating

Average Stock Price Forecast
$63.71
High Stock Price Forecast
$80.00
Low Stock Price Forecast
$50.00
Forecasted Upside/Downside
+234.8%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$45.90 million
Pretax Margin
6.70%

Debt

Sales & Book Value

Annual Sales
$498.24 million
Cash Flow
$2.66 per share
Book Value
$10.33 per share

Miscellaneous

Free Float
13,869,000
Market Cap
$288.88 million
Optionable
Not Optionable
Beta
2.43

Key Executives

  • Mr. Shawn David NelsonMr. Shawn David Nelson (Age 45)
    Founder, CEO & Director
    Comp: $907.35k
  • Ms. Mary FoxMs. Mary Fox (Age 49)
    Pres & COO
    Comp: $1.09M
  • Ms. Donna L. DellomoMs. Donna L. Dellomo (Age 58)
    Exec. VP, CFO, Treasurer & Sec.
    Comp: $772.39k
  • Mr. Jack A. Krause (Age 59)
    Chief Strategy Officer & Director
    Comp: $906.97k
  • Mr. David Jensen
    Chief Technology Officer













LOVE Stock - Frequently Asked Questions

Should I buy or sell Lovesac stock right now?

6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Lovesac in the last year. There are currently 6 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?

6 brokers have issued 12-month price targets for Lovesac's stock. Their LOVE share price forecasts range from $50.00 to $80.00. On average, they anticipate the company's stock price to reach $63.71 in the next year. This suggests a possible upside of 234.8% 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 2022?

Lovesac's stock was trading at $66.26 at the beginning of 2022. Since then, LOVE shares have decreased by 71.3% and is now trading at $19.03.
View the best growth stocks for 2022 here
.

Are investors shorting Lovesac?

Lovesac saw a drop in short interest in November. As of November 15th, there was short interest totaling 1,550,000 shares, a drop of 9.4% from the October 31st total of 1,710,000 shares. Based on an average daily trading volume, of 376,400 shares, the short-interest ratio is currently 4.1 days. Currently, 11.8% of the company's stock are sold short.
View Lovesac's Short Interest
.

When is Lovesac's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 14th 2022.
View our LOVE earnings forecast
.

How were Lovesac's earnings last quarter?

The Lovesac Company (NASDAQ:LOVE) issued its quarterly earnings results on Wednesday, December, 8th. The company reported $0.17 EPS for the quarter, beating analysts' consensus estimates of ($0.40) by $0.57. The business had revenue of $116.80 million for the quarter, compared to analysts' expectations of $112.19 million. Lovesac had a trailing twelve-month return on equity of 18.61% and a net margin of 7.52%. The firm's revenue for the quarter was up 56.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.16 earnings per share.

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 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.

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 many different retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (9.96%), BlackRock Inc. (6.11%), Vanguard Group Inc. (4.94%), Federated Hermes Inc. (4.12%), Marshall Wace LLP (2.13%) and State Street Corp (1.73%). Insiders that own company stock include Albert Jack Krause, Andrew R Heyer, Donna Dellomo, Mary Fox, Satori Capital, Llc, 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 $19.03.

How much money does Lovesac make?

Lovesac (NASDAQ:LOVE) has a market capitalization of $288.95 million and generates $498.24 million in revenue each year. The company earns $45.90 million in net income (profit) each year or $2.77 on an earnings per share basis.

How many employees does Lovesac have?

The company employs 1,185 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 12/9/2022 by MarketBeat.com Staff