Lovesac (LOVE) Stock Price, News & Analysis

Company Overview

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. The Lovesac Company was founded in 1995 and is based in Stamford, Connecticut.

Key Stats

• Today's Range: $25.96 to $27.36
• 50-Day Range: $20.91 to $30.14
• 52-Week Range: $14.18 to $30.39
• Volume: 111,933 shs
• Average Volume: 289,439 shs
• Market Capitalization: $422.21 million
• P/E Ratio: 31.94
• Dividend Yield: N/A
• Price Target: $34.50
• Consensus Rating: Buy

Lovesac Stock Analysis - MarketRank™

Lovesac scored higher than 78% of companies evaluated by MarketBeat, and ranked 78th out of 204 stocks in the retail/wholesale sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 3.5 / 5
• Analyst Rating: Buy

Consensus Rating

Lovesac has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 6 buy ratings, no hold ratings, and no sell ratings.

Amount of Analyst Coverage

Lovesac has only been the subject of 3 research reports in the past 90 days.

Earnings and Valuation

• Score: 3.8 / 5
• Proj. Earnings Growth: 60.55%

Earnings Growth

Earnings for Lovesac are expected to grow by 60.55% in the coming year, from $1.09 to $1.75 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Lovesac is 30.75, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 139.64.

Price to Earnings Ratio vs. Sector

The P/E ratio of Lovesac is 30.75, which means that it is trading at a more expensive P/E ratio than the Retail/Wholesale sector average P/E ratio of about 23.15.

Price to Earnings Growth Ratio

Lovesac has a PEG Ratio of 0.55. PEG Ratios below 1 indicate that a company could be undervalued.

Price to Book Value per Share Ratio

Lovesac has a P/B Ratio of 1.86. P/B Ratios below 3 indicates that a company is reasonably valued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

26.91% of the float of Lovesac has been sold short.

Short Interest Ratio / Days to Cover

Lovesac has a short interest ratio ("days to cover") of 14.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Lovesac has recently increased by 1.35%, indicating that investor sentiment is decreasing.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Lovesac does not currently pay a dividend.

Dividend Growth

Lovesac does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

26.91% of the float of Lovesac has been sold short.

Short Interest Ratio / Days to Cover

Lovesac has a short interest ratio ("days to cover") of 14.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Lovesac has recently increased by 1.35%, indicating that investor sentiment is decreasing.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: 0.34

News Sentiment

Lovesac has a news sentiment score of 0.34. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Retail/Wholesale companies.

News Coverage This Week

MarketBeat has tracked 31 news articles for Lovesac this week, compared to 5 articles on an average week.

Search Interest

Only 4 people have searched for LOVE on MarketBeat in the last 30 days. This is a decrease of -43% compared to the previous 30 days.

Company Ownership

• Score: 3.3 / 5
• Insider Trading: Selling Shares

Insider Buying vs. Insider Selling

In the past three months, Lovesac insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $442,990.00 in company stock.

Percentage Held by Insiders

12.33% of the stock of Lovesac is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

91.32% of the stock of Lovesac is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

LOVE Stock Analysis - Frequently Asked Questions

How have LOVE shares performed this year?

Lovesac's stock was trading at $25.55 on January 1st, 2024. Since then, LOVE shares have increased by 2.3% and is now trading at $26.14.
View the best growth stocks for 2024 here.

How were Lovesac's earnings last quarter?

The Lovesac Company (NASDAQ:LOVE) announced its earnings results on Thursday, April, 11th. The company reported $1.87 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.93 by $0.06. The business's revenue was up 4.8% compared to the same quarter last year.

When did Lovesac IPO?

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

Who are Lovesac's major shareholders?

Lovesac's top institutional shareholders include Dimensional Fund Advisors LP (5.11%), Hood River Capital Management LLC (4.98%), Bank of New York Mellon Corp (2.53%) and American Century Companies Inc. (1.87%). Insiders that own company stock include Satori Capital, Llc, Shawn David Nelson, Albert Jack Krause, Walter Field Mclallen, Sharon M Leite, Shirley Romig, Keith R Siegner, Andrew R Heyer and Mary Fox.
View institutional ownership trends.

How do I buy shares of Lovesac?

Shares of LOVE stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Lovesac own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Lovesac investors own include Moderna (MRNA), Pfizer (PFE), Advanced Micro Devices (AMD), Carnival Co. & (CCL), Overstock.com (OSTK), Tesla (TSLA) and NIO (NIO).

Company Calendar

• Last Earnings: 4/11/2024
• Today: 9/19/2024
• Next Earnings (Estimated): 12/04/2024
• Fiscal Year End: 1/31/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Retail/Wholesale
• Industry: Furniture stores
• Sub-Industry: Retail
• Current Symbol: NASDAQ:LOVE
• CUSIP: N/A
• CIK: 1701758
• Web: www.lovesac.com
• Phone: (207) 273-9733
• Fax: N/A
• Employees: 1,991
• Year Founded: N/A

Price Target and Rating

• Average Stock Price Target: $34.50
• High Stock Price Target: $38.00
• Low Stock Price Target: $31.00
• Potential Upside/Downside: +32.0%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 6 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.85
• Trailing P/E Ratio: 30.75
• Forward P/E Ratio: 23.98
• P/E Growth: 0.55
• Net Income: $23.86 million
• Net Margins: 2.17%
• Pretax Margin: 2.90%
• Return on Equity: 7.55%
• Return on Assets: 3.28%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 1.81
• Quick Ratio: 0.91

Sales & Book Value

• Annual Sales: $693.78 million
• Price / Sales: 0.59
• Cash Flow: $2.94 per share
• Price / Cash Flow: 8.89
• Book Value: $14.04 per share
• Price / Book: 1.86

Miscellaneous

• Outstanding Shares: 15,551,000
• Free Float: 13,634,000
• Market Cap: $406.50 million
• Optionable: Optionable
• Beta: 2.90