The Lovesac Company (NASDAQ:LOVE) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of The Lovesac Company (NASDAQ:LOVE) have been given an average rating of “Moderate Buy” by the six ratings firms that are presently covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell rating and five have issued a buy rating on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is $30.00.

LOVE has been the topic of a number of recent analyst reports. Maxim Group lowered their price objective on Lovesac from $38.00 to $33.00 and set a “buy” rating on the stock in a research report on Friday, September 12th. DA Davidson reiterated a “buy” rating and issued a $24.00 price objective on shares of Lovesac in a research report on Tuesday, September 9th. Wall Street Zen raised Lovesac from a “sell” rating to a “hold” rating in a research note on Saturday, July 12th. Weiss Ratings reissued a “sell (d+)” rating on shares of Lovesac in a research note on Wednesday, October 8th. Finally, Canaccord Genuity Group reissued a “buy” rating and issued a $30.00 target price on shares of Lovesac in a research note on Friday, September 12th.

Lovesac Price Performance

NASDAQ:LOVE opened at $14.77 on Friday. The company has a market cap of $215.79 million, a P/E ratio of 23.44, a P/E/G ratio of 0.72 and a beta of 2.38. The stock’s fifty day moving average price is $17.48 and its two-hundred day moving average price is $18.40. Lovesac has a 1 year low of $12.12 and a 1 year high of $39.49.

Lovesac (NASDAQ:LOVE) last issued its quarterly earnings data on Thursday, September 11th. The company reported ($0.45) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.72) by $0.27. Lovesac had a return on equity of 6.35% and a net margin of 1.87%.The company had revenue of $160.53 million for the quarter, compared to the consensus estimate of $160.42 million. During the same quarter last year, the business posted ($0.38) earnings per share. The firm’s revenue was up 2.5% compared to the same quarter last year. Lovesac has set its Q3 2026 guidance at -0.830–0.51 EPS. FY 2026 guidance at 0.520-1.05 EPS. On average, analysts expect that Lovesac will post 0.39 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in LOVE. BNP Paribas Financial Markets increased its stake in Lovesac by 130.4% in the second quarter. BNP Paribas Financial Markets now owns 1,938 shares of the company’s stock valued at $35,000 after acquiring an additional 1,097 shares during the last quarter. Public Employees Retirement System of Ohio bought a new position in shares of Lovesac during the second quarter valued at about $36,000. Quarry LP grew its stake in shares of Lovesac by 396.3% during the first quarter. Quarry LP now owns 3,052 shares of the company’s stock valued at $55,000 after buying an additional 2,437 shares during the last quarter. Blueshift Asset Management LLC bought a new position in shares of Lovesac during the second quarter valued at about $195,000. Finally, GAMMA Investing LLC grew its stake in shares of Lovesac by 12,234.3% during the first quarter. GAMMA Investing LLC now owns 12,581 shares of the company’s stock valued at $229,000 after buying an additional 12,479 shares during the last quarter. Institutional investors own 91.32% of the company’s stock.

About Lovesac

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.