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NASDAQ:LOVELovesac Stock Price, Forecast & News

$26.84
-1.13 (-4.04 %)
(As of 07/9/2020 04:00 PM ET)
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Today's Range
$26.35
Now: $26.84
$28.50
50-Day Range
$13.68
MA: $21.66
$28.80
52-Week Range
$3.99
Now: $26.84
$29.74
Volume567,100 shs
Average Volume471,832 shs
Market Capitalization$389.72 million
P/E RatioN/A
Dividend YieldN/A
Beta2.92
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.
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Beat the Market (BTM) Rank

Analyst Opinion: 3.5Community Rank: 2.5Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.53 out of 5 stars


Industry, Sector and Symbol

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

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

Employees198
Market Cap$389.72 million
Next Earnings Date9/9/2020 (Estimated)
OptionableNot Optionable

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Lovesac (NASDAQ:LOVE) Frequently Asked Questions

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

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 (WHO). Since then, LOVE shares have increased by 266.2% and is now trading at $26.84. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Lovesac?

8 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Lovesac in the last year. There are currently 8 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Lovesac.

When is Lovesac's next earnings date?

Lovesac is scheduled to release its next quarterly earnings announcement on Wednesday, September 9th 2020. View our earnings forecast for Lovesac.

How were Lovesac's earnings last quarter?

Lovesac Co (NASDAQ:LOVE) announced its quarterly earnings results on Tuesday, June, 9th. The company reported ($0.58) earnings per share (EPS) for the quarter, topping the Zacks' consensus estimate of ($0.69) by $0.11. The company earned $54.40 million during the quarter, compared to analysts' expectations of $47.20 million. Lovesac had a negative return on equity of 16.22% and a negative net margin of 5.86%. The company's quarterly revenue was up 32.7% on a year-over-year basis. During the same period in the prior year, the company posted ($0.67) earnings per share. View Lovesac's earnings history.

What price target have analysts set for LOVE?

8 brokers have issued 1 year price targets for Lovesac's stock. Their forecasts range from $25.00 to $37.00. On average, they anticipate Lovesac's share price to reach $31.25 in the next twelve months. This suggests a possible upside of 16.4% from the stock's current price. View analysts' price targets for Lovesac.

Has Lovesac been receiving favorable news coverage?

News articles about LOVE stock have been trending neutral on Friday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Lovesac earned a media sentiment score of 0.5 on InfoTrie's scale. They also assigned news coverage about the company a news buzz of 0.0 out of 10, indicating that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Lovesac.

Are investors shorting Lovesac?

Lovesac saw a drop in short interest during the month of June. As of June 30th, there was short interest totaling 2,890,000 shares, a drop of 8.0% from the June 15th total of 3,140,000 shares. Based on an average daily trading volume, of 620,700 shares, the short-interest ratio is presently 4.7 days. Approximately 27.7% of the shares of the company are short sold. View Lovesac's Current Options Chain.

Who are some of Lovesac's key competitors?

What other stocks do shareholders of Lovesac own?

Who are Lovesac's key executives?

Lovesac's management team includes the following 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 initial public offering 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 Lovesac's stock symbol?

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

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, Robinhood, Fidelity, and Charles Schwab.

What is Lovesac's stock price today?

One share of LOVE stock can currently be purchased for approximately $26.84.

How big of a company is Lovesac?

Lovesac has a market capitalization of $389.72 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. Lovesac employs 198 workers across the globe.

What is Lovesac's official website?

The official website for Lovesac is 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]

This page was last updated on 7/10/2020 by MarketBeat.com Staff

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