NASDAQ:LOVE

The Lovesac Stock Forecast, Price & News

$70.00
+6.10 (+9.55 %)
(As of 04/16/2021 04:00 PM ET)
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Today's Range
$62.75
Now: $70.00
$70.42
50-Day Range
$51.99
MA: $59.83
$71.75
52-Week Range
$6.75
Now: $70.00
$72.33
Volume600,745 shs
Average Volume398,362 shs
Market Capitalization$1.03 billion
P/E RatioN/A
Dividend YieldN/A
Beta2.58
The Lovesac Company designs, manufactures, and sells foam filled furniture, sectional couches, and related accessories. The company offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and accessories comprising drink holders, foot sac blankets, decorative pillows, fitted seat tables, and ottomans. It markets its products through its approximately 91 showrooms at top tier malls, lifestyle centers, and street locations in 35 states of the United States, as well as through online. The Lovesac Company was founded in 1998 and is headquartered in Stamford, Connecticut.
The Lovesac logo

Industry, Sector and Symbol

Industry Furniture stores
Sub-IndustryN/A
Current SymbolNASDAQ:LOVE
CUSIPN/A
CIKN/A
Phone888-636-1223
Employees337
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$233.38 million
Book Value$6.20 per share

Profitability

Net Income$-15,200,000.00

Miscellaneous

Market Cap$1.03 billion
Next Earnings Date6/8/2021 (Estimated)
OptionableNot Optionable

Headlines

The Lovesac Hyper-Growth Story Hits New High 
April 14, 2021 |  marketbeat.com
Lovesac CEO on Q4 earnings, revenue beat
April 16, 2021 |  finance.yahoo.com
The Lovesac (NASDAQ:LOVE) Upgraded by TheStreet to "C-"
April 16, 2021 |  americanbankingnews.com
The Lovesac (NASDAQ:LOVE) PT Raised to $85.00 at DA Davidson
April 15, 2021 |  americanbankingnews.com
The Lovesac (NASDAQ:LOVE) PT Raised to $77.00
April 14, 2021 |  americanbankingnews.com
Earnings Outlook for Lovesac
April 13, 2021 |  benzinga.com
The Lovesac (NASDAQ:LOVE) Shares Down 6.5%
April 13, 2021 |  americanbankingnews.com
The Lovesac Company Registered earnings: here's what to expect
April 12, 2021 |  markets.businessinsider.com
See More Headlines

MarketRank

Overall MarketRank

1.75 out of 5 stars

Retail/Wholesale Sector

54th out of 383 stocks

Furniture Stores Industry

2nd out of 3 stocks

Analyst Opinion: 2.5Community Rank: 2.7Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 1.9 5 -4 -3 -2 -1 -
$70.00
+6.10 (+9.55 %)
(As of 04/16/2021 04:00 PM ET)
30 days | 90 days | 365 days | Advanced Chart

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The Lovesac (NASDAQ:LOVE) Frequently Asked Questions

Is The Lovesac a buy right now?

7 Wall Street analysts have issued "buy," "hold," and "sell" ratings for The Lovesac in the last twelve months. 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.

What stocks does MarketBeat like better than The Lovesac?

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.
View MarketBeat's top stock picks here.

When is The Lovesac's next earnings date?

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

How were The Lovesac's earnings last quarter?

The Lovesac Company (NASDAQ:LOVE) issued its quarterly earnings results on Tuesday, April, 13th. The company reported $1.37 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.58 by $0.79. The business earned $129.70 million during the quarter, compared to the consensus estimate of $116.13 million. The Lovesac had a negative trailing twelve-month return on equity of 1.84% and a negative net margin of 0.55%. The company's quarterly revenue was up 40.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.37 earnings per share.
View The Lovesac's earnings history
.

How has The Lovesac's stock been impacted by COVID-19 (Coronavirus)?

The Lovesac's stock was trading at $7.33 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, LOVE shares have increased by 855.0% and is now trading at $70.00.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for LOVE?

7 equities research analysts have issued 12 month price targets for The Lovesac's stock. Their forecasts range from $60.00 to $85.00. On average, they anticipate The Lovesac's share price to reach $75.71 in the next year. This suggests a possible upside of 8.2% from the stock's current price.
View analysts' price targets for The Lovesac
or view top-rated stocks among Wall Street analysts.

Who are The Lovesac's key executives?

The Lovesac's management team includes the following people:
  • Mr. Shawn David Nelson, Founder, CEO & Director (Age 43, Pay $397.12k)
  • Mr. Jack A. Krause, Pres & COO (Age 58, Pay $397.12k)
  • Ms. Donna L. Dellomo, Exec. VP, CFO, Treasurer & Sec. (Age 57, Pay $422.12k)
  • Mr. David Jensen, CTO & Chief Information Officer

What is Shawn Nelson's approval rating as The Lovesac's CEO?

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.

Who are some of The Lovesac's key competitors?

What other stocks do shareholders of The Lovesac own?

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).

When did The 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.

What is The Lovesac's stock symbol?

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

Who are The Lovesac's major shareholders?

The Lovesac's stock is owned by a variety of institutional and retail investors. Top institutional investors include Calamos Advisors LLC (0.74%). 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
.

Which major investors are buying The Lovesac stock?

LOVE stock was acquired by a variety of institutional investors in the last quarter, including Calamos Advisors 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.

How do I buy shares of The Lovesac?

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.

What is The Lovesac's stock price today?

One share of LOVE stock can currently be purchased for approximately $70.00.

How much money does The Lovesac make?

The Lovesac has a market capitalization of $1.03 billion 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.

How many employees does The Lovesac have?

The Lovesac employs 337 workers across the globe.

What is The Lovesac's official website?

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

Where are The Lovesac's headquarters?

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

How can I contact The Lovesac?

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]


This page was last updated on 4/18/2021 by MarketBeat.com Staff
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