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S&P 500   3,852.36
DOW   32,920.46
QQQ   303.59
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Is This Stock On Your Radar (Ad)
How to Find Penny Stocks to Invest and Trade
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S&P 500   3,852.36
DOW   32,920.46
QQQ   303.59
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Is This Stock On Your Radar (Ad)
How to Find Penny Stocks to Invest and Trade
Can Cummins Power To A New High? 
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What Tyson Foods Q1 Means For Staples Stocks
ONSemi Is Marching Higher On Great Results
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Stocks slip as worries about high rates weigh on Wall Street
Is Biotech Immunocore About To Make A 25% Price Move?
NASDAQ:LOVE

Lovesac - LOVE Stock Forecast, Price & News

$27.79
+0.42 (+1.53%)
(As of 02/7/2023 09:11 AM ET)
Add
Compare
Today's Range
$27.79
$27.79
50-Day Range
$17.71
$28.62
52-Week Range
$17.60
$63.41
Volume
345 shs
Average Volume
514,322 shs
Market Capitalization
$422.13 million
P/E Ratio
13.56
Dividend Yield
N/A
Price Target
$63.71

Lovesac MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
129.3% Upside
$63.71 Price Target
Short Interest
Bearish
19.41% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.14mentions of Lovesac in the last 14 days
Based on 2 Articles This Week
Insider Trading
Acquiring Shares
$421,700 Bought Last Quarter
Proj. Earnings Growth
15.87%
From $1.89 to $2.19 Per Share

Overall MarketRank

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

2.88 out of 5 stars

Retail/Wholesale Sector

16th out of 212 stocks

Furniture Stores Industry

1st out of 4 stocks

LOVE stock logo

About Lovesac (NASDAQ:LOVE) Stock

The Lovesac Co. is a technology driven, omni-channel company. It designs, manufactures, and sells furniture comprised of modular couches called sactionals and foam beanbag chairs called sacs. Its products include sactionals, sacs, and accessories. The company was founded by Shawn David Nelson in 1995 and is headquartered in Stamford, CT.

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LOVE Stock News Headlines

Is This Stock On Your Radar
This stock is positioned like its peers that cashed out.
Stock Market Sell-Off: Is Lovesac a Buy?
The #1 Energy Stock to Buy
The next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…
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
12/07/2022
Today
2/07/2023
Next Earnings (Estimated)
4/04/2023
Fiscal Year End
1/31/2024

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
+129.3%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$45.90 million
Pretax Margin
4.11%

Debt

Sales & Book Value

Annual Sales
$498.24 million
Cash Flow
$2.40 per share
Book Value
$10.33 per share

Miscellaneous

Free Float
13,876,000
Market Cap
$422.13 million
Optionable
Not Optionable
Beta
2.45

Key Executives

  • Shawn David NelsonShawn David Nelson
    Chief Executive Officer & Director
  • Mary FoxMary Fox
    President & Chief Operating Officer
  • Donna L. DellomoDonna L. Dellomo
    CFO, Secretary, Treasurer & Executive VP
  • Jack A. Krause
    Director & Chief Strategy Officer
  • Tom Lee
    Chief Supply Chain Officer













LOVE Stock - Frequently Asked Questions

Should I buy or sell Lovesac stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lovesac in the last twelve months. There are currently 6 buy ratings for the stock. The consensus among Wall Street 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 analysts have issued 1-year target prices for Lovesac's shares. Their LOVE share price forecasts range from $50.00 to $80.00. On average, they expect the company's share price to reach $63.71 in the next twelve months. This suggests a possible upside of 132.8% 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 2023?

Lovesac's stock was trading at $22.01 on January 1st, 2023. Since then, LOVE shares have increased by 24.4% and is now trading at $27.37.
View the best growth stocks for 2023 here
.

Are investors shorting Lovesac?

Lovesac saw a increase in short interest in January. As of January 15th, there was short interest totaling 2,550,000 shares, an increase of 22.6% from the December 31st total of 2,080,000 shares. Based on an average trading volume of 410,300 shares, the short-interest ratio is presently 6.2 days. Approximately 19.4% of the company's stock are short sold.
View Lovesac's Short Interest
.

When is Lovesac's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Tuesday, April 4th 2023.
View our LOVE earnings forecast
.

How were Lovesac's earnings last quarter?

The Lovesac Company (NASDAQ:LOVE) announced its quarterly earnings data on Wednesday, December, 7th. The company reported ($0.55) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.73) by $0.18. The firm earned $134.78 million during the quarter, compared to analyst estimates of $134.80 million. Lovesac had a net margin of 5.46% and a trailing twelve-month return on equity of 10.53%.

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 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 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 institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.50%), Janney Montgomery Scott LLC (0.22%), Cabot Wealth Management Inc. (0.19%), Wesbanco Bank Inc. (0.13%), D.A. Davidson & CO. (0.11%) and Simplex Trading LLC (0.00%). 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 $27.37.

How much money does Lovesac make?

Lovesac (NASDAQ:LOVE) has a market capitalization of $415.75 million and generates $498.24 million in revenue each year. The company earns $45.90 million in net income (profit) each year or $2.05 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 2/7/2023 by MarketBeat.com Staff