NASDAQ:LOVE - Lovesac Stock Price, News & Analysis

$18.76
+0.21 (+1.13 %)
(As of 08/22/2019 04:00 PM ET)
Today's Range
$18.33
Now: $18.76
$18.95
50-Day Range
$17.65
MA: $22.63
$30.36
52-Week Range
$16.46
Now: $18.76
$46.79
Volume166,192 shs
Average Volume160,402 shs
Market Capitalization$272.60 million
P/E RatioN/A
Dividend YieldN/A
Beta0.09
The Lovesac Company designs, manufactures, and sells foam filled furniture, sectional couches, and related accessories. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and accessories comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans. The company markets its products through its 77 showrooms at top tier malls, lifestyle centers, and street locations in 30 states of the United States, as well as through online. The Lovesac Company was founded in 1998 and is headquartered in Stamford, Connecticut.

Industry, Sector and Symbol

Industry Furniture stores
Sub-IndustryN/A
SectorRetail/Wholesale
Current SymbolNASDAQ:LOVE
CUSIPN/A
CIKN/A
Phone888-636-1223

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$165.88 million
Book Value$5.82 per share

Profitability

Net Income$-6,700,000.00

Miscellaneous

Employees198
Market Cap$272.60 million
Next Earnings Date9/12/2019 (Estimated)
OptionableNot Optionable

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Lovesac (NASDAQ:LOVE) Frequently Asked Questions

What is Lovesac's stock symbol?

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

How were Lovesac's earnings last quarter?

Lovesac Co (NASDAQ:LOVE) announced its quarterly earnings results on Monday, June, 10th. The company reported ($0.67) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.56) by $0.11. The business had revenue of $40.96 million for the quarter, compared to analyst estimates of $40.66 million. Lovesac had a negative net margin of 5.62% and a negative return on equity of 8.59%. The firm's revenue for the quarter was up 53.0% on a year-over-year basis. View Lovesac's Earnings History.

When is Lovesac's next earnings date?

Lovesac is scheduled to release their next quarterly earnings announcement on Thursday, September 12th 2019. View Earnings Estimates for Lovesac.

What price target have analysts set for LOVE?

5 brokerages have issued 12 month price targets for Lovesac's shares. Their forecasts range from $30.00 to $49.00. On average, they anticipate Lovesac's stock price to reach $38.8333 in the next year. This suggests a possible upside of 107.0% from the stock's current price. View Analyst Price Targets for Lovesac.

What is the consensus analysts' recommendation for Lovesac?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lovesac in the last year. There are currently 5 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Lovesac.

Has Lovesac been receiving favorable news coverage?

News headlines about LOVE stock have been trending positive this week, InfoTrie Sentiment reports. The research group identifies negative and positive news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. Lovesac earned a media sentiment score of 2.5 on InfoTrie's scale. They also assigned news stories about the company a news buzz of 6.0 out of 10, meaning that recent news coverage is somewhat likely to have an effect on the stock's share price in the next few days. View News Stories for Lovesac.

Are investors shorting Lovesac?

Lovesac saw a increase in short interest in the month of July. As of July 15th, there was short interest totalling 1,269,500 shares, an increase of 7.8% from the June 15th total of 1,177,500 shares. Based on an average trading volume of 252,100 shares, the short-interest ratio is currently 5.0 days. Approximately 20.2% of the company's stock are sold short. View Lovesac's Current Options Chain.

Who are some of Lovesac's key competitors?

What other stocks do shareholders of Lovesac own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Lovesac investors own include GEA Group Aktiengesellschaft (G1A), AstroNova (ALOT), Market Leader (LEDR), Mondelez International (MDLZ), KEMET (KEM), Oracle (ORCL), Targa Resources (TRGP), Software (SOW), Basf (BAS) and Covestro (1COV).

Who are Lovesac's key executives?

Lovesac's management team includes the folowing people:
  • Mr. Shawn David Nelson, Founder, CEO & Director (Age 42)
  • Mr. Jack A. Krause, Pres & COO (Age 56)
  • Ms. Donna L. Dellomo, Exec. VP, CFO, Treasurer & Sec. (Age 55)
  • Mr. David Jensen, CTO & Chief Information Officer

When did Lovesac IPO?

(LOVE) raised $46 million in an IPO 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.

Who are Lovesac's major shareholders?

Lovesac's stock is owned by many different of retail and institutional investors. Top institutional shareholders include Janus Henderson Group PLC (6.38%), Janus Henderson Group PLC (6.38%), Wasatch Advisors Inc. (4.11%), AWM Investment Company Inc. (4.02%), BlackRock Inc. (2.96%) and Vanguard Group Inc. (2.69%). Company insiders that own Lovesac stock include Sac Acquisition Llc and Satori Capital, Llc. View Institutional Ownership Trends for Lovesac.

Which major investors are selling Lovesac stock?

LOVE stock was sold by a variety of institutional investors in the last quarter, including AWM Investment Company Inc., Penn Capital Management Co. Inc., Eidelman Virant Capital, Russell Investments Group Ltd., Connors Investor Services Inc., 1492 Capital Management LLC, Janus Henderson Group PLC and Janus Henderson Group PLC. Company insiders that have sold Lovesac company stock in the last year include Sac Acquisition Llc and Satori Capital, Llc. View Insider Buying and Selling for Lovesac.

Which major investors are buying Lovesac stock?

LOVE stock was acquired by a variety of institutional investors in the last quarter, including BlackRock Inc., Vanguard Group Inc., Calamos Advisors LLC, Columbus Circle Investors, Landscape Capital Management L.L.C., Nicholas Investment Partners LP, D. E. Shaw & Co. Inc. and Wasatch Advisors Inc.. View Insider Buying and Selling for Lovesac.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Lovesac's stock price today?

One share of LOVE stock can currently be purchased for approximately $18.76.

How big of a company is Lovesac?

Lovesac has a market capitalization of $272.60 million and generates $165.88 million in revenue each year. Lovesac employs 198 workers across the globe.View Additional Information About Lovesac.

What is Lovesac's official website?

The official website for Lovesac is http://www.lovesac.com/.

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 888-636-1223 or via email at [email protected]


MarketBeat Community Rating for Lovesac (NASDAQ LOVE)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  42 (Vote Outperform)
Underperform Votes:  57 (Vote Underperform)
Total Votes:  99
MarketBeat's community ratings are surveys of what our community members think about Lovesac and other stocks. Vote "Outperform" if you believe LOVE will outperform the S&P 500 over the long term. Vote "Underperform" if you believe LOVE will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 8/22/2019 by MarketBeat.com Staff

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