NASDAQ:LOVELovesac Stock Price, Forecast & News

Lovesac's stock was trading at $7.33 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LOVE stock has increased by 140.8% and is now trading at $17.65. View which stocks have been most impacted by Coronavirus.

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.

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

Lovesac will be holding an earnings conference call on Tuesday, June 9th at 12:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at Not Available.

Lovesac Co (NASDAQ:LOVE) released its quarterly earnings data on Thursday, April, 16th. The company reported $0.37 earnings per share for the quarter, beating the consensus estimate of $0.36 by $0.01. The business had revenue of $92.20 million for the quarter, compared to the consensus estimate of $90.64 million. Lovesac had a negative net margin of 6.52% and a negative return on equity of 17.74%. The firm's quarterly revenue was up 43.6% on a year-over-year basis. During the same period last year, the company posted $0.62 EPS. View Lovesac's earnings history.

8 analysts have issued 1-year price targets for Lovesac's stock. Their forecasts range from $14.00 to $33.00. On average, they expect Lovesac's share price to reach $22.75 in the next twelve months. This suggests a possible upside of 28.9% from the stock's current price. View analysts' price targets for Lovesac.

Press coverage about LOVE stock has been trending neutral this week, according to InfoTrie Sentiment. The research firm rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Lovesac earned a coverage optimism score of 0.1 on InfoTrie's scale. They also gave news articles about the company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the stock's share price in the next few days. View the latest news aboutLovesac.

Lovesac saw a increase in short interest during the month of May. As of May 15th, there was short interest totaling 3,160,000 shares, an increase of 17.9% from the April 30th total of 2,680,000 shares. Based on an average daily trading volume, of 416,900 shares, the short-interest ratio is currently 7.6 days. Approximately 30.3% of the company's shares are short sold. View Lovesac's Current Options Chain.

Some companies that are related to Lovesac include Arcos Dorados (ARCO), GMS (GMS), Biglari (BH.A), Ingles Markets (IMKTA), Dine Brands Global (DIN), Overstock.com (OSTK), Dillard's (DDS), Abercrombie & Fitch (ANF), Systemax (SYX), Yunji (YJ), SpartanNash (SPTN), Buckle (BKE), Boot Barn (BOOT), Groupon (GRPN) and Signet Jewelers (SIG). View all competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Lovesac investors own include Uber Technologies (UBER), Roku (ROKU), Carnival (CCL), salesforce.com (CRM), United Continental (UAL), Innovative Industrial Properties (IIPR), Exxon Mobil (XOM), Apple Hospitality REIT (APLE), Alibaba Group (BABA) and Crestwood Equity Partners (CEQP).

(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 acted as the underwriter for the IPO and Craig-Hallum Capital Group was co-manager.

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

Lovesac's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Alliancebernstein L.P. (10.75%), Janus Henderson Group PLC (7.84%), Wasatch Advisors Inc. (7.68%), Granahan Investment Management Inc. MA (5.21%), Kornitzer Capital Management Inc. KS (4.82%) and Federated Hermes Inc. (4.54%). Company insiders that own Lovesac stock include Albert Jack Krause, Andrew R Heyer, Sac Acquisition Llc and Satori Capital, Llc. View institutional ownership trends for Lovesac.

LOVE stock was sold by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Penn Capital Management Co. Inc., Alliancebernstein L.P., Janus Henderson Group PLC, UBS Group AG, and 1492 Capital Management LLC. View insider buying and selling activity for Lovesac.

LOVE stock was acquired by a variety of institutional investors in the last quarter, including Kornitzer Capital Management Inc. KS, GSA Capital Partners LLP, Granahan Investment Management Inc. MA, Wasatch Advisors Inc., Federated Hermes Inc., JPMorgan Chase & Co., Connors Investor Services Inc., and Invenomic Capital Management LP. Company insiders that have bought Lovesac stock in the last two years include Albert Jack Krause, and Andrew R Heyer. View insider buying and selling activity for 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.

One share of LOVE stock can currently be purchased for approximately $17.65.

Lovesac has a market capitalization of $255.40 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.

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

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]