NASDAQ:LOVE Lovesac - LOVE Stock Forecast, Price & News Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding The Lovesac Company Please log in to your account or sign up in order to add this asset to your watchlist. $22.46 +1.16 (+5.45%) (As of 03/20/2023 12:00 AM ET) Add Compare Share Share Today's Range$21.10▼$22.5550-Day Range$21.30▼$29.7752-Week Range$17.60▼$63.41Volume482,467 shsAverage Volume414,836 shsMarket Capitalization$341.17 millionP/E Ratio10.96Dividend YieldN/APrice Target$63.71 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Lovesac MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside183.7% Upside$63.71 Price TargetShort InterestBearish29.71% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.55Based on 4 Articles This WeekInsider TradingAcquiring Shares$421,700 Bought Last QuarterProj. Earnings Growth19.55%From $1.79 to $2.14 Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.2.90 out of 5 starsRetail/Wholesale Sector21st out of 207 stocksFurniture Stores Industry1st out of 4 stocks 3.5 Analyst's Opinion Consensus RatingLovesac has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $63.71, Lovesac has a forecasted upside of 183.7% from its current price of $22.46.Amount of Analyst CoverageLovesac has received no research coverage in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted29.71% of the float of Lovesac has been sold short.Short Interest Ratio / Days to CoverLovesac has a short interest ratio ("days to cover") of 8.1.Change versus previous monthShort interest in Lovesac has recently increased by 13.78%, indicating that investor sentiment is decreasing significantly. Previous Next 0.0 Dividend Strength Dividend YieldLovesac does not currently pay a dividend.Dividend GrowthLovesac does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LOVE. Previous Next 2.5 News and Social Media Coverage News SentimentLovesac has a news sentiment score of 0.55. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.35 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 4 news articles for Lovesac this week, compared to 3 articles on an average week.Search InterestOnly 22 people have searched for LOVE on MarketBeat in the last 30 days. This is a decrease of -45% compared to the previous 30 days.MarketBeat FollowsOnly 9 people have added Lovesac to their MarketBeat watchlist in the last 30 days. This is a decrease of -25% compared to the previous 30 days. Previous Next 3.3 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Lovesac insiders have bought more of their company's stock than they have sold. Specifically, they have bought $421,700.00 in company stock and sold $0.00 in company stock.Percentage Held by InsidersOnly 8.66% of the stock of Lovesac is held by insiders.Percentage Held by Institutions88.34% of the stock of Lovesac is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 4.4 Earnings and Valuation Earnings GrowthEarnings for Lovesac are expected to grow by 19.55% in the coming year, from $1.79 to $2.14 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lovesac is 10.96, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 132.87.Price to Earnings Ratio vs. SectorThe P/E ratio of Lovesac is 10.96, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 38.24.Price to Earnings Growth RatioLovesac has a PEG Ratio of 0.28. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioLovesac has a P/B Ratio of 2.17. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Lovesac (NASDAQ:LOVE) StockThe 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.Read More Receive LOVE Stock 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. Email Address LOVE Stock News HeadlinesMarch 20, 2023 | finance.yahoo.comEven though Lovesac (NASDAQ:LOVE) has lost US$38m market cap in last 7 days, shareholders are still up 247% over 3 yearsMarch 14, 2023 | finance.yahoo.comThe Lovesac Company to Announce Fourth Quarter and Fiscal 2023 Earnings ResultsMarch 21, 2023 | Oxford Club (Ad)My No. 1 dividend stock for a LIFETIME of income.Few people realize this… But dividends account for up to 90% of the stock market's returns over the past century! I think it's a crying shame folks don't know how powerful dividends are.March 14, 2023 | americanbankingnews.comShort Interest in The Lovesac Company (NASDAQ:LOVE) Expands By 13.8%March 10, 2023 | msn.comBe a kid again: Adult beanbag chairs you can’t live withoutJanuary 10, 2023 | finance.yahoo.comThe Lovesac Company (NASDAQ:LOVE) insiders' US$1.3m purchase saw a boost of US$125k after market cap rose US$66mJanuary 3, 2023 | finance.yahoo.comThe Lovesac Company Announces Participation in the 2023 ICR ConferenceDecember 8, 2022 | finance.yahoo.comStock Market Sell-Off: Is Lovesac a Buy?March 21, 2023 | Behind the Markets (Ad)BREAKING: Tiny biotech successfully treats blindnessThere's a tiny biotech in Cambridge that's using a breakthrough technology to treat blindness. This company has already shown success in human trials... And Our research shows that anyone who gets in today could see a 46,751% return.December 7, 2022 | finance.yahoo.comThe Lovesac Company Reports Third Quarter Fiscal 2023 Financial ResultsDecember 4, 2022 | finance.yahoo.com4 Important Reasons Investors Should Buy Lovesac Stock Before 2023December 1, 2022 | finance.yahoo.comLovesac Merges Street Style and Total Comfort with Exclusive Anti Social Social Club CollaborationNovember 21, 2022 | finance.yahoo.comHere's Why Lovesac (NASDAQ:LOVE) Has Caught The Eye Of InvestorsNovember 9, 2022 | bizjournals.comPink Lipps Cosmetics opens storefront on The PlazaNovember 2, 2022 | finance.yahoo.comCould The Market Be Wrong About The Lovesac Company (NASDAQ:LOVE) Given Its Attractive Financial Prospects?October 20, 2022 | nasdaq.com4 Remarkable Stocks That Could Double Your Money in 2023 - NasdaqOctober 18, 2022 | nasdaq.comMonday 10/17 Insider Buying Report: FRD, LOVE - NasdaqOctober 13, 2022 | nasdaq.com3 Growth Stocks That Could Double Your Money, According to Wall Street - NasdaqOctober 12, 2022 | finance.yahoo.comLovesac (NASDAQ:LOVE) shareholders have endured a 72% loss from investing in the stock a year ago - Yahoo FinanceOctober 7, 2022 | nasdaq.comThe Lovesac Company (NASDAQ:LOVE) insiders sold US$1.5m worth of stock, possibly signalling a downtrend - NasdaqOctober 4, 2022 | fool.com3 Growth Stocks to Buy In October and Never Sell - The Motley FoolSeptember 28, 2022 | bizjournals.comLovesac, Skin Laundry joining Folsom's Palladio - Sacramento Business Journal - The Business JournalsSeptember 26, 2022 | fool.com3 Growth Stocks Down 60.3% to 66.3% to Buy and Hold - The Motley FoolSeptember 24, 2022 | nasdaq.com3 Growth Stocks Down 60.3% to 66.3% to Buy and Hold - NasdaqSeptember 21, 2022 | benzinga.com10 Consumer Discretionary Stocks Whale Activity In Today's Session - Lovesac (NASDAQ:LOVE), Pinduoduo (NA - BenzingaSeptember 18, 2022 | nasdaq.com3 Beaten-Down Growth Stocks That Could Soar 60% to 188%, According to Wall Street - NasdaqSeptember 18, 2022 | fool.com3 Beaten-Down Growth Stocks That Could Soar 60% to 188%, According to Wall Street - The Motley FoolSee More Headlines View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart Receive LOVE Stock 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. Email Address LOVE Company Calendar Last Earnings12/08/2021Today3/20/2023Next Earnings (Confirmed)3/28/2023Fiscal Year End1/31/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Furniture stores Sub-IndustryN/A SectorRetail/Wholesale Current SymbolNASDAQ:LOVE CUSIPN/A CIK1701758 Webwww.lovesac.com Phone(207) 273-9733FaxN/AEmployees1,185Year FoundedN/APrice Target and Rating Average Stock Price Forecast$63.71 High Stock Price Forecast$80.00 Low Stock Price Forecast$50.00 Forecasted Upside/Downside+183.7%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.05 Trailing P/E Ratio10.96 Forward P/E Ratio12.55 P/E Growth0.28Net Income$45.90 million Net Margins5.46% Pretax Margin4.11% Return on Equity10.53% Return on Assets4.43% Debt Debt-to-Equity RatioN/A Current Ratio1.81 Quick Ratio0.51 Sales & Book Value Annual Sales$498.24 million Price / Sales0.68 Cash Flow$2.61 per share Price / Cash Flow8.60 Book Value$10.33 per share Price / Book2.17Miscellaneous Outstanding Shares15,190,000Free Float13,876,000Market Cap$341.17 million OptionableNot Optionable Beta2.41 Key ExecutivesShawn David NelsonChief Executive Officer & DirectorMary FoxPresident & Chief Operating OfficerDonna L. DellomoCFO, Secretary, Treasurer & Executive VPJack A. KrauseDirector & Chief Strategy OfficerTom LeeChief Supply Chain OfficerKey CompetitorsHaverty Furniture CompaniesNYSE:HVTArhausNASDAQ:ARHSVillage Super MarketNASDAQ:VLGEAJumia TechnologiesNYSE:JMIASportsman's WarehouseNASDAQ:SPWHView All CompetitorsInsiders & InstitutionsAlliancebernstein L.P.Sold 222,671 shares on 2/16/2023Ownership: 8.494%State of WyomingBought 2,818 shares on 2/16/2023Ownership: 0.024%Connors Investor Services Inc.Sold 353 shares on 2/15/2023Ownership: 0.521%AQR Capital Management LLCBought 17,979 shares on 2/15/2023Ownership: 0.118%Legal & General Group PlcBought 383 shares on 2/15/2023Ownership: 0.036%View All Insider TransactionsView All Institutional Transactions 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 year. 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 equities research analysts have issued 1 year price objectives for Lovesac's stock. 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 year. This suggests a possible upside of 183.7% 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 at the beginning of the year. Since then, LOVE stock has increased by 2.0% and is now trading at $22.46. View the best growth stocks for 2023 here. Are investors shorting Lovesac? Lovesac saw a increase in short interest in February. As of February 28th, there was short interest totaling 3,880,000 shares, an increase of 13.8% from the February 13th total of 3,410,000 shares. Based on an average trading volume of 479,600 shares, the days-to-cover ratio is currently 8.1 days. Approximately 29.7% 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, March 28th 2023. View our LOVE earnings forecast. How can I listen to Lovesac's earnings call? Lovesac will be holding an earnings conference call on Tuesday, March 28th at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link. How were Lovesac's earnings last quarter? The Lovesac Company (NASDAQ:LOVE) issued its earnings results on Wednesday, December, 8th. The company reported $0.17 EPS for the quarter, beating the consensus estimate of ($0.40) by $0.57. The firm earned $116.80 million during the quarter, compared to analyst estimates of $112.19 million. Lovesac had a net margin of 5.46% and a trailing twelve-month return on equity of 10.53%. The firm's quarterly revenue was up 56.4% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.16 earnings per share. What ETFs hold Lovesac's stock? ETFs with the largest weight of Lovesac (NASDAQ:LOVE) stock in their portfolio include Changebridge Capital Sustainable Equity ETF (CBSE), Changebridge Capital Long/Short Equity ETF (CBLS) and Janus Henderson Small Cap Growth Alpha ETF (JSML). 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 (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 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 retail and institutional investors. Top institutional shareholders include Granahan Investment Management LLC (8.65%), Alliancebernstein L.P. (8.49%), Geode Capital Management LLC (1.75%), Marshall Wace LLP (1.58%), Skylands Capital LLC (1.23%) and Millennium Management LLC (0.98%). 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 $22.46. How much money does Lovesac make? Lovesac (NASDAQ:LOVE) has a market capitalization of $341.17 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 3/21/2023 by MarketBeat.com Staff Get 30 Days of MarketBeat All Access Free Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: 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. 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