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. $27.79 +0.42 (+1.53%) (As of 02/7/2023 09:11 AM ET) Add Compare Share Share Today's Range$27.79▼$27.7950-Day Range$17.71▼$28.6252-Week Range$17.60▼$63.41Volume345 shsAverage Volume514,322 shsMarket Capitalization$422.13 millionP/E Ratio13.56Dividend YieldN/APrice Target$63.71 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Lovesac MarketRank™ ForecastAnalyst RatingBuy3.00 Rating ScoreUpside/Downside129.3% Upside$63.71 Price TargetShort InterestBearish19.41% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.14Based on 2 Articles This WeekInsider TradingAcquiring Shares$421,700 Bought Last QuarterProj. Earnings Growth15.87%From $1.89 to $2.19 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.2.88 out of 5 starsRetail/Wholesale Sector16th out of 212 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 129.3% from its current price of $27.79.Amount of Analyst CoverageLovesac has only been the subject of 1 research reports in the past 90 days. Previous Next 1.0 Short Interest Percentage of Shares Shorted19.41% of the float of Lovesac has been sold short.Short Interest Ratio / Days to CoverLovesac has a short interest ratio ("days to cover") of 6.2.Change versus previous monthShort interest in Lovesac has recently increased by 22.60%, 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 2.3 News and Social Media Coverage News SentimentLovesac has a news sentiment score of 0.14. 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 lower news sentiment than the 0.44 average news sentiment score of Retail/Wholesale companies.News Coverage This WeekMarketBeat has tracked 2 news articles for Lovesac this week, compared to 4 articles on an average week.Search Interest37 people have searched for LOVE on MarketBeat in the last 30 days. This is an increase of 363% compared to the previous 30 days.MarketBeat Follows15 people have added Lovesac to their MarketBeat watchlist in the last 30 days. This is an increase of 275% 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 15.87% in the coming year, from $1.89 to $2.19 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Lovesac is 13.56, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 135.98.Price to Earnings Ratio vs. SectorThe P/E ratio of Lovesac is 13.56, which means that it is trading at a less expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 39.10.Price to Earnings Growth RatioLovesac has a PEG Ratio of 0.37. PEG Ratios below 1 indicate that a company could be undervalued.Price to Book Value per Share RatioLovesac has a P/B Ratio of 2.69. 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 HeadlinesJanuary 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 ConferenceFebruary 7, 2023 | PressReach (Ad)Is This Stock On Your RadarThis stock is positioned like its peers that cashed out.December 8, 2022 | finance.yahoo.comStock Market Sell-Off: Is Lovesac a Buy?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 InvestorsFebruary 7, 2023 | Wall Street Watch Dogs (Ad)The #1 Energy Stock to BuyThe next major energy revolution is unfolding right now. And it could hand early investors as much as 46,700% gains…November 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 FoolSeptember 18, 2022 | finance.yahoo.com2 Stocks I Bought This Week, 1 Stock I SoldSeptember 17, 2022 | theglobeandmail.comThis Small Cap Furniture Stock Deserves More LOVE From InvestorsSeptember 15, 2022 | seekingalpha.comLovesac Stock: Brand Loyalty A Competitive Moat (NASDAQ:LOVE) - Seeking AlphaSeptember 10, 2022 | fool.com2 Stocks I Bought This Week, 1 Stock I Sold - 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 Earnings12/07/2022Today2/07/2023Next Earnings (Estimated)4/04/2023Fiscal 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+129.3%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage6 Analysts Profitability EPS (Most Recent Fiscal Year)$2.05 Trailing P/E Ratio13.56 Forward P/E Ratio14.70 P/E Growth0.37Net 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 / Sales0.85 Cash Flow$2.40 per share Price / Cash Flow11.56 Book Value$10.33 per share Price / Book2.69Miscellaneous Outstanding Shares15,190,000Free Float13,876,000Market Cap$422.13 million OptionableNot Optionable Beta2.45 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:HVTTorridNYSE:CURVD-Market Elektronik Hizmetler ve Ticaret A.S.NASDAQ:HEPSBiglariNYSE:BHBARKNYSE:BARKView All CompetitorsInsiders & InstitutionsLos Angeles Capital Management LLCSold 6,460 shares on 2/6/2023Ownership: 0.503%D.A. Davidson & CO.Bought 1,400 shares on 2/3/2023Ownership: 0.107%Simplex Trading LLCBought 7,800 shares on 2/2/2023Ownership: 0.000%Janney Montgomery Scott LLCBought 11,474 shares on 2/1/2023Ownership: 0.224%Cabot Wealth Management Inc.Sold 3,551 shares on 1/31/2023Ownership: 0.187%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 twelve months. 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 analysts have issued 1-year target prices for Lovesac's shares. 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 twelve months. This suggests a possible upside of 132.8% 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 on January 1st, 2023. Since then, LOVE shares have increased by 24.4% and is now trading at $27.37. View the best growth stocks for 2023 here. Are investors shorting Lovesac? Lovesac saw a increase in short interest in January. As of January 15th, there was short interest totaling 2,550,000 shares, an increase of 22.6% from the December 31st total of 2,080,000 shares. Based on an average trading volume of 410,300 shares, the short-interest ratio is presently 6.2 days. Approximately 19.4% 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, April 4th 2023. View our LOVE earnings forecast. How were Lovesac's earnings last quarter? The Lovesac Company (NASDAQ:LOVE) announced its quarterly earnings data on Wednesday, December, 7th. The company reported ($0.55) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.73) by $0.18. The firm earned $134.78 million during the quarter, compared to analyst estimates of $134.80 million. Lovesac had a net margin of 5.46% and a trailing twelve-month return on equity of 10.53%. 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 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 institutional and retail investors. Top institutional investors include Los Angeles Capital Management LLC (0.50%), Janney Montgomery Scott LLC (0.22%), Cabot Wealth Management Inc. (0.19%), Wesbanco Bank Inc. (0.13%), D.A. Davidson & CO. (0.11%) and Simplex Trading LLC (0.00%). 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 $27.37. How much money does Lovesac make? Lovesac (NASDAQ:LOVE) has a market capitalization of $415.75 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 2/7/2023 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. 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