The Lovesac Company (NASDAQ:LOVE - Free Report) - Analysts at Roth Capital boosted their FY2026 EPS estimates for Lovesac in a report released on Tuesday, December 10th. Roth Capital analyst M. Koranda now expects that the company will post earnings of $1.85 per share for the year, up from their previous estimate of $1.78. The consensus estimate for Lovesac's current full-year earnings is $1.09 per share. Roth Capital also issued estimates for Lovesac's Q4 2026 earnings at $2.66 EPS.
Other equities analysts have also recently issued reports about the stock. Roth Mkm lifted their price objective on shares of Lovesac from $35.00 to $42.00 and gave the stock a "buy" rating in a research report on Tuesday. Craig Hallum upped their price target on Lovesac from $30.00 to $35.00 and gave the company a "buy" rating in a research report on Friday, September 13th. DA Davidson reissued a "buy" rating and issued a $32.00 price objective on shares of Lovesac in a research note on Thursday, October 3rd. Finally, Canaccord Genuity Group lifted their target price on Lovesac from $36.00 to $45.00 and gave the company a "buy" rating in a research note on Monday, December 2nd. Six investment analysts have rated the stock with a buy rating, According to data from MarketBeat.com, the company currently has an average rating of "Buy" and an average target price of $37.83.
Get Our Latest Stock Analysis on Lovesac
Lovesac Stock Down 31.7 %
Shares of Lovesac stock traded down $11.94 during trading on Thursday, hitting $25.74. The stock had a trading volume of 2,583,459 shares, compared to its average volume of 301,170. The company has a market capitalization of $400.49 million, a PE ratio of 50.82, a P/E/G ratio of 1.00 and a beta of 2.97. Lovesac has a 1 year low of $18.21 and a 1 year high of $39.49. The stock has a 50 day simple moving average of $31.54 and a 200 day simple moving average of $27.31.
Lovesac (NASDAQ:LOVE - Get Free Report) last released its quarterly earnings results on Thursday, December 12th. The company reported ($0.32) earnings per share for the quarter, beating 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 business had revenue of $149.90 million during the quarter, compared to analyst estimates of $155.26 million. During the same quarter last year, the company posted ($0.15) EPS. Lovesac's revenue for the quarter was down 2.7% on a year-over-year basis.
Institutional Investors Weigh In On Lovesac
A number of large investors have recently bought and sold shares of LOVE. Franklin Resources Inc. acquired a new stake in shares of Lovesac in the third quarter worth about $231,000. Barclays PLC lifted its holdings in Lovesac by 312.7% in the 3rd quarter. Barclays PLC now owns 20,312 shares of the company's stock worth $583,000 after purchasing an additional 15,390 shares during the last quarter. Soltis Investment Advisors LLC boosted its position in Lovesac by 8.8% during the third quarter. Soltis Investment Advisors LLC now owns 86,170 shares of the company's stock worth $2,469,000 after purchasing an additional 6,988 shares during the period. Geode Capital Management LLC grew its holdings in Lovesac by 1.2% during the third quarter. Geode Capital Management LLC now owns 336,210 shares of the company's stock valued at $9,634,000 after purchasing an additional 3,979 shares during the last quarter. Finally, MML Investors Services LLC grew its stake in Lovesac by 46.9% in the 3rd quarter. MML Investors Services LLC now owns 138,893 shares of the company's stock valued at $3,979,000 after buying an additional 44,358 shares during the last quarter. 91.32% of the stock is currently owned by institutional investors.
Insider Transactions at Lovesac
In other news, Director Albert Jack Krause sold 10,000 shares of the stock in a transaction 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 transaction, the director now owns 177,849 shares in the company, valued at $4,663,200.78. This represents a 5.32 % decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 12.33% of the company's stock.
About Lovesac
(
Get Free Report)
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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