The Lovesac Company (NASDAQ:LOVE - Free Report) - Equities research analysts at Roth Capital lifted their Q1 2026 earnings per share estimates for Lovesac in a research note issued to investors on Tuesday, December 10th. Roth Capital analyst M. Koranda now forecasts that the company will post earnings of ($0.70) per share for the quarter, up from their previous estimate of ($0.75). The consensus estimate for Lovesac's current full-year earnings is $1.09 per share. Roth Capital also issued estimates for Lovesac's Q3 2026 earnings at $0.02 EPS.
A number of other equities research analysts also recently commented on the stock. Roth Mkm lifted their target price on shares of Lovesac from $35.00 to $42.00 and gave the stock a "buy" rating in a research report on Tuesday. Canaccord Genuity Group upped their price objective on Lovesac from $36.00 to $45.00 and gave the company a "buy" rating in a research report on Monday, December 2nd. DA Davidson lowered their target price on Lovesac from $44.00 to $35.00 and set a "buy" rating on the stock in a report on Friday. Finally, Craig Hallum boosted their price target on Lovesac from $30.00 to $35.00 and gave the company a "buy" rating in a research note on Friday, September 13th. Six analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $38.33.
Check Out Our Latest Stock Analysis on LOVE
Lovesac Stock Up 2.2 %
Lovesac stock traded up $0.56 during trading hours on Friday, hitting $26.30. The stock had a trading volume of 613,310 shares, compared to its average volume of 303,084. Lovesac has a 12-month low of $18.21 and a 12-month high of $39.49. The stock has a market capitalization of $409.20 million, a P/E ratio of 51.92, a price-to-earnings-growth ratio of 0.99 and a beta of 2.97. The stock's 50-day moving average price is $31.54 and its 200-day moving average price is $27.30.
Lovesac (NASDAQ:LOVE - Get Free Report) last issued its quarterly earnings results on Thursday, December 12th. The company reported ($0.32) EPS for the quarter, topping analysts' consensus estimates of ($0.34) by $0.02. Lovesac had a return on equity of 4.83% and a net margin of 1.41%. The firm had revenue of $149.90 million for the quarter, compared to analysts' expectations of $155.26 million. During the same period in the previous year, the firm posted ($0.15) EPS. The business's revenue for the quarter was down 2.7% compared to the same quarter last year.
Insider Activity at Lovesac
In other Lovesac news, Director Albert Jack Krause sold 10,000 shares of the stock in a transaction that occurred on Thursday, October 3rd. The shares were sold at an average price of $26.22, for a total transaction of $262,200.00. Following the completion of the sale, the director now directly owns 177,849 shares of the company's stock, valued at $4,663,200.78. This trade represents a 5.32 % decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 12.33% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the company. Meeder Asset Management Inc. purchased a new position in shares of Lovesac in the 2nd quarter worth $43,000. SG Americas Securities LLC purchased a new position in Lovesac in the third quarter worth about $170,000. Quest Partners LLC increased its stake in Lovesac by 797.6% during the second quarter. Quest Partners LLC now owns 8,572 shares of the company's stock worth $194,000 after acquiring an additional 7,617 shares during the last quarter. Price T Rowe Associates Inc. MD lifted its stake in shares of Lovesac by 8.2% in the 1st quarter. Price T Rowe Associates Inc. MD now owns 9,633 shares of the company's stock valued at $218,000 after purchasing an additional 726 shares during the last quarter. Finally, Franklin Resources Inc. bought a new position in shares of Lovesac during the 3rd quarter valued at approximately $231,000. Hedge funds and other institutional investors own 91.32% of the company's stock.
About Lovesac
(
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The Lovesac Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and other products comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans. The company markets its products primarily through www.lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, mobile concierges, kiosks, and street locations in 41 states in the United States; and in store pop-up- shops and shop-in-shops, and barter inventory transactions.
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