The Lovesac Stock Forecast, Price & News

7 Wall Street equities research 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 equities research analysts is that investors should "buy" The Lovesac stock.
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Wall Street analysts have given The Lovesac a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but The Lovesac wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
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The Lovesac is scheduled to release its next quarterly earnings announcement on Thursday, April 15th 2021.
View our earnings forecast for The Lovesac.

The Lovesac Company (NASDAQ:LOVE) issued its quarterly earnings results on Tuesday, December, 8th. The company reported $0.16 EPS for the quarter, topping the Zacks' consensus estimate of ($0.88) by $1.04. The firm earned $74.70 million during the quarter, compared to analyst estimates of $66.14 million. The Lovesac had a negative trailing twelve-month return on equity of 1.84% and a negative net margin of 0.55%. The firm's quarterly revenue was up 43.4% compared to the same quarter last year. During the same quarter last year, the company posted ($0.46) EPS.
View The Lovesac's earnings history.

The Lovesac's stock was trading at $7.33 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, LOVE stock has increased by 742.4% and is now trading at $61.75.
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7 analysts have issued 12 month price objectives for The Lovesac's shares. Their forecasts range from $30.00 to $62.00. On average, they expect The Lovesac's share price to reach $45.43 in the next year. This suggests that the stock has a possible downside of 26.4%.
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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 Stamps.com (STMP), Beacon Roofing Supply (BECN), Woolworths (WLWHY), Bed Bath & Beyond (BBBY), Urban Outfitters (URBN), Vivint Smart Home (VVNT), Revolve Group (RVLV), Asbury Automotive Group (ABG), Brinker International (EAT), Insight Enterprises (NSIT), Papa John's International (PZZA), PriceSmart (PSMT), Overstock.com (OSTK), Group 1 Automotive (GPI) and Signet Jewelers (SIG).
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 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.

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 investors include Alliancebernstein L.P. (10.16%), Janus Henderson Group PLC (5.99%), Hood River Capital Management LLC (5.26%), BlackRock Inc. (4.89%), Federated Hermes Inc. (4.68%) and FIL Ltd (3.91%). Company insiders that own The Lovesac stock include Albert Jack Krause, Andrew R Heyer, Sac Acquisition Llc, Satori Capital, Llc and Shawn David Nelson.
View institutional ownership trends for The Lovesac.

LOVE stock was sold by a variety of institutional investors in the last quarter, including Kornitzer Capital Management Inc. KS, 1492 Capital Management LLC, Landscape Capital Management L.L.C., Millrace Asset Group Inc., Monarch Partners Asset Management LLC, Great Lakes Advisors LLC, State of Wisconsin Investment Board, and Calamos Advisors LLC. Company insiders that have sold The Lovesac company stock in the last year include Albert Jack Krause, Andrew R Heyer, Satori Capital, Llc, and Shawn David Nelson.
View insider buying and selling activity for The Lovesac or view top insider-selling stocks.

LOVE stock was acquired by a variety of institutional investors in the last quarter, including Hood River Capital Management LLC, Advisory Research Inc., BlackRock Inc., GSA Capital Partners LLP, Royce & Associates LP, Los Angeles Capital Management LLC, Alliancebernstein L.P., and Ameritas Investment Company LLC. 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.
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One share of LOVE stock can currently be purchased for approximately $61.75.

The Lovesac has a market capitalization of $906.68 million and generates $233.38 million in revenue each year. The company earns $-15,200,000.00 in net income (profit) each year or ($1.04) on an earnings per share basis.

The Lovesac employs 337 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]