The Lovesac Company (NASDAQ:LOVE – Free Report) – Equities researchers at Roth Capital upped their FY2026 EPS estimates for Lovesac in a research note issued on Tuesday, December 10th. Roth Capital analyst M. Koranda now forecasts that the company will earn $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.
LOVE has been the topic of a number of other reports. DA Davidson dropped their price objective on shares of Lovesac from $44.00 to $35.00 and set a “buy” rating on the stock in a report on Friday. Canaccord Genuity Group upped their target price on Lovesac from $36.00 to $45.00 and gave the stock a “buy” rating in a research note on Monday, December 2nd. Craig Hallum increased their target price on Lovesac from $30.00 to $35.00 and gave the company a “buy” rating in a report on Friday, September 13th. Finally, Roth Mkm increased their target price on shares of Lovesac from $35.00 to $42.00 and gave the company a “buy” rating in a research report on Tuesday. Six analysts have rated the stock with a buy rating, According to MarketBeat, Lovesac presently has an average rating of “Buy” and an average target price of $38.33.
Lovesac Price Performance
Lovesac stock opened at $26.34 on Thursday. Lovesac has a 1 year low of $18.21 and a 1 year high of $39.49. The stock has a market cap of $409.82 million, a price-to-earnings ratio of 51.65, a price-to-earnings-growth ratio of 0.99 and a beta of 2.97. The firm has a 50-day moving average of $31.56 and a two-hundred day moving average of $27.30.
Lovesac (NASDAQ:LOVE – Get Free Report) last announced its quarterly earnings data on Thursday, December 12th. The company reported ($0.32) EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $155.26 million. During the same period in the previous year, the business earned ($0.15) earnings per share. The business’s revenue was down 2.7% on a year-over-year basis.
Insider Buying and Selling at Lovesac
In related news, Director Albert Jack Krause sold 10,000 shares of the company’s stock in a transaction dated Thursday, October 3rd. The shares were sold at an average price of $26.22, for a total value of $262,200.00. Following the completion of the sale, the director now owns 177,849 shares of the company’s stock, valued at $4,663,200.78. This represents a 5.32 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 12.33% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the business. Price T Rowe Associates Inc. MD grew its stake in Lovesac by 8.2% in the first 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 in the last quarter. BCGM Wealth Management LLC increased its stake in shares of Lovesac by 0.8% in the third quarter. BCGM Wealth Management LLC now owns 134,364 shares of the company’s stock worth $3,850,000 after purchasing an additional 1,023 shares during the period. Meeder Asset Management Inc. acquired a new position in shares of Lovesac during the 2nd quarter worth about $43,000. Empowered Funds LLC lifted its position in shares of Lovesac by 5.1% during the 3rd quarter. Empowered Funds LLC now owns 49,284 shares of the company’s stock worth $1,412,000 after purchasing an additional 2,412 shares during the last quarter. Finally, Rhumbline Advisers grew its holdings in Lovesac by 12.4% in the 2nd quarter. Rhumbline Advisers now owns 22,199 shares of the company’s stock valued at $501,000 after buying an additional 2,449 shares during the last quarter. Institutional investors and hedge funds own 91.32% of the company’s stock.
Lovesac Company Profile
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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