The Lovesac Stock Forecast, Price & News

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

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

The Lovesac is scheduled to release its next quarterly earnings announcement on Wednesday, September 8th 2021.
View our earnings forecast for The Lovesac.

The Lovesac Company (NASDAQ:LOVE) released its earnings results on Tuesday, June, 8th. The company reported $0.13 earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.58) by $0.71. The company had revenue of $82.90 million for the quarter, compared to analysts' expectations of $75.06 million. The Lovesac had a net margin of 7.20% and a trailing twelve-month return on equity of 26.07%. The firm's revenue for the quarter was up 52.4% on a year-over-year basis. During the same period in the previous year, the company earned ($0.58) earnings per share.
View The Lovesac's earnings history.

The Lovesac's stock was trading at $7.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LOVE stock has increased by 740.8% and is now trading at $61.63.
View which stocks have been most impacted by COVID-19.

7 brokers have issued 12-month price targets for The Lovesac's shares. Their forecasts range from $85.00 to $110.00. On average, they anticipate The Lovesac's share price to reach $100.14 in the next twelve months. This suggests a possible upside of 62.5% from the stock's current price.
View analysts' price targets for The Lovesac or view top-rated stocks among Wall Street analysts.

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.

Some companies that are related to The Lovesac include Urban Outfitters (URBN), Overstock.com (OSTK), ACV Auctions (ACVA), Signet Jewelers (SIG), Insight Enterprises (NSIT), Cracker Barrel Old Country Store (CBRL), Poshmark (POSH), Group 1 Automotive (GPI), Bed Bath & Beyond (BBBY), Sprouts Farmers Market (SFM), PriceSmart (PSMT), Vivint Smart Home (VVNT), Domino's Pizza Group (DPUKY), MYT Netherlands Parent B.V. (MYTE) and Rush Enterprises (RUSHA).
View all of LOVE's competitors.

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).

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

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

The Lovesac's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include Rainey & Randall Investment Management Inc. (0.03%). Company insiders that own The Lovesac stock include Albert Jack Krause, Andrew R Heyer, Donna Dellomo, Satori Capital, Llc, Shawn David Nelson and Stuart A Wevik.
View institutional ownership trends for The Lovesac.

LOVE stock was bought by a variety of institutional investors in the last quarter, including Rainey & Randall Investment Management Inc.. 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.

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.

One share of LOVE stock can currently be purchased for approximately $61.63.

The Lovesac has a market capitalization of $930.30 million and generates $320.74 million in revenue each year. The company earns $14.73 million in net income (profit) each year or $0.96 on an earnings per share basis.

The Lovesac employs 369 workers across the globe.

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

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

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]