S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
S&P 500   4,410.13
DOW   34,364.50
QQQ   353.30
NASDAQ:LOVE

Lovesac Stock Forecast, Price & News

$52.92
+4.64 (+9.61%)
(As of 01/24/2022 04:00 PM ET)
Add
Compare
Today's Range
$45.00
$53.05
50-Day Range
$48.28
$85.10
52-Week Range
$45.00
$95.51
Volume
599,949 shs
Average Volume
366,369 shs
Market Capitalization
$800.31 million
P/E Ratio
24.16
Dividend Yield
N/A
Beta
2.29
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 Lovesac and its competitors with MarketBeat's FREE daily newsletter.


Lovesac logo

About Lovesac

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.

Headlines

See More Headlines

Industry, Sector and Symbol

Industry
Furniture stores
Sub-Industry
N/A
Current Symbol
NASDAQ:LOVE
Fax
N/A
Employees
601
Year Founded
N/A

Sales & Book Value

Annual Sales
$320.74 million
Cash Flow
$1.47 per share
Book Value
$7.35 per share

Profitability

Net Income
$14.73 million
Pretax Margin
8.30%

Debt

Price-To-Earnings

Miscellaneous

Free Float
12,673,000
Market Cap
$800.31 million
Optionable
Not Optionable

Company Calendar

Last Earnings
12/08/2021
Today
1/25/2022
Fiscal Year End
1/31/2022
Next Earnings (Estimated)
4/13/2022

MarketRank

Overall MarketRank

2.83 out of 5 stars

Retail/Wholesale Sector

48th out of 280 stocks

Furniture Stores Industry

1st out of 4 stocks

Analyst Opinion: 3.5Community Rank: 4.8Dividend Strength: 0.0Insider Behavior: 3.3Valuation: 2.5 5 -4 -3 -2 -1 -












Lovesac (NASDAQ:LOVE) Frequently Asked Questions

Is Lovesac a buy right now?

6 Wall Street 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 research analysts is that investors should "buy" Lovesac stock.
View analyst ratings for Lovesac
or view top-rated stocks.

How has Lovesac's stock been impacted by Coronavirus?

Lovesac's stock was trading at $7.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LOVE shares have increased by 622.0% and is now trading at $52.92.
View which stocks have been most impacted by COVID-19
.

Are investors shorting Lovesac?

Lovesac saw a drop in short interest in December. As of December 15th, there was short interest totaling 2,000,000 shares, a drop of 18.0% from the November 30th total of 2,440,000 shares. Based on an average daily trading volume, of 393,000 shares, the days-to-cover ratio is currently 5.1 days. Approximately 15.3% of the shares of the company are sold short.
View Lovesac's Short Interest
.

When is Lovesac's next earnings date?

Lovesac is scheduled to release its next quarterly earnings announcement on Wednesday, April 13th 2022.
View our earnings forecast for Lovesac
.

How were Lovesac's earnings last quarter?

The Lovesac Company (NASDAQ:LOVE) issued its quarterly earnings data on Wednesday, December, 8th. The company reported $0.17 earnings per share for the quarter, topping the Zacks' consensus estimate of ($0.40) by $0.57. The company had revenue of $116.80 million for the quarter, compared to the consensus estimate of $112.19 million. Lovesac had a trailing twelve-month return on equity of 30.66% and a net margin of 8.10%. The business's quarterly revenue was up 56.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.16 earnings per share.
View Lovesac's earnings history
.

What guidance has Lovesac issued on next quarter's earnings?

Lovesac issued an update on its fourth quarter 2021 earnings guidance on Thursday, December, 9th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $175.07 million-$175.07 million, compared to the consensus revenue estimate of $112.19 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 $95.00 to $113.00. On average, they expect Lovesac's stock price to reach $106.50 in the next twelve months. This suggests a possible upside of 101.2% from the stock's current price.
View analysts' price targets for Lovesac
or view top-rated stocks among Wall Street analysts.

Who are Lovesac's key executives?

Lovesac's management team includes the following people:

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

107 employees have rated Lovesac CEO Shawn Nelson on Glassdoor.com. Shawn Nelson has an approval rating of 68% among Lovesac'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 a variety of institutional and retail investors. Top institutional shareholders include Russell Investments Group Ltd. (0.54%), Crossmark Global Holdings Inc. (0.03%), Cutler Group LP (0.00%) and Newbridge Financial Services Group Inc. (0.00%). Company insiders that own Lovesac stock include Albert Jack Krause, Andrew R Heyer, Donna Dellomo, Mary Fox, Satori Capital, Llc, Shawn David Nelson, Shirley Romig and Stuart A Wevik.
View institutional ownership trends for Lovesac
.

Which institutional investors are buying Lovesac stock?

LOVE stock was acquired by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Crossmark Global Holdings Inc., Cutler Group LP, and Newbridge Financial Services Group Inc..
View insider buying and selling activity for Lovesac
or or view top insider-buying stocks.

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 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 $52.92.

How much money does Lovesac make?

Lovesac has a market capitalization of $800.31 million and generates $320.74 million in revenue each year. The company earns $14.73 million in net income (profit) each year or $2.19 on an earnings per share basis.

How many employees does Lovesac have?

Lovesac employs 601 workers across the globe.

What is Lovesac's official website?

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

Where are Lovesac's headquarters?

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 (207) 273-9733 or via email at [email protected].


This page was last updated on 1/25/2022 by MarketBeat.com Staff

Resources

Premium Research Tools

MarketBeat All Access subscribers can access stock screeners, the Idea Engine, data export tools, research reports, and other premium tools.

Discover All Access

Market Data and Calendars

Looking for new stock ideas? Want to see which stocks are moving? View our full suite of financial calendars and market data tables, all for free.

View Market Data

Investing Education and Resources

Receive a free world-class investing education from MarketBeat. Learn about financial terms, types of investments, trading strategies and more.

Financial Terms
Details Here
MarketBeat - Stock Market News and Research Tools logo

MarketBeat empowers individual investors to make better trading decisions by providing real-time financial data and objective market analysis. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Learn more about MarketBeat.

MarketBeat is accredited by the Better Business Bureau

© American Consumer News, LLC dba MarketBeat® 2010-2022. All rights reserved.
326 E 8th St #105, Sioux Falls, SD 57103 | U.S. Based Support Team at [email protected] | (844) 978-6257
MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security.

Our Accessibility Statement | Terms of Service | Do Not Sell My Information | RSS Feeds

© 2022 Market data provided is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided 'as-is' and solely for informational purposes, not for trading purposes or advice, and is delayed. To see all exchange delays and terms of use please see disclaimer. Fundamental company data provided by Zacks Investment Research.