Shares of The Lovesac Company (NASDAQ:LOVE – Get Free Report) have earned a consensus rating of “Moderate Buy” from the four analysts that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold rating and three have issued a buy rating on the company. The average 12-month price target among brokers that have updated their coverage on the stock in the last year is $21.3333.
LOVE has been the topic of several analyst reports. Weiss Ratings upgraded shares of Lovesac from a “sell (d)” rating to a “hold (c)” rating in a report on Thursday. Wall Street Zen raised shares of Lovesac from a “hold” rating to a “buy” rating in a report on Saturday. Roth Capital reiterated a “buy” rating on shares of Lovesac in a research report on Friday. Canaccord Genuity Group cut their price target on Lovesac from $22.00 to $20.00 and set a “buy” rating on the stock in a research note on Thursday. Finally, DA Davidson cut their price target on Lovesac from $20.00 to $18.00 and set a “buy” rating on the stock in a research note on Friday.
View Our Latest Stock Report on LOVE
Key Lovesac News
- Positive Sentiment: Lovesac reported second-quarter fiscal 2027 net sales of approximately $161.2 million and EPS of $0.51, well above the consensus estimate for a loss of $0.36 per share. Revenue was roughly flat year over year, while the company said product launches remain on track for the second half of fiscal 2027. Lovesac second-quarter fiscal 2027 results
- Positive Sentiment: DA Davidson maintained a “buy” rating, although it reduced its price target from $20 to $18. The revised target still implies substantial potential upside from current trading levels.
- Neutral Sentiment: Management raised its fiscal 2027 EPS outlook to $0.98-$1.26, compared with consensus of $1.09. The guidance suggests earnings may meet or exceed expectations, but the company’s revenue outlook of $690 million-$710 million is below the roughly $716.8 million analyst forecast.
- Negative Sentiment: Fiscal third-quarter revenue guidance of $140 million-$150 million also trails the $156.7 million consensus estimate. Investors appear more concerned about the sales outlook than the current-quarter EPS beat, particularly amid choppy furniture demand. Lovesac cuts sales outlook
- Negative Sentiment: Analysts noted that the tariff refund helped lift quarterly profitability, potentially masking weaker underlying performance. Internet sales declines are also weighing on the company, adding to concerns about demand and the quality of reported earnings. Lovesac internet sales analysis
Lovesac Trading Down 2.5%
Shares of NASDAQ:LOVE opened at $13.91 on Tuesday. Lovesac has a 1-year low of $10.33 and a 1-year high of $19.25. The stock has a market capitalization of $203.64 million, a P/E ratio of 11.40, a P/E/G ratio of 0.35 and a beta of 2.03. The business has a 50-day moving average price of $16.80 and a two-hundred day moving average price of $15.46.
Lovesac (NASDAQ:LOVE – Get Free Report) last issued its earnings results on Thursday, September 10th. The company reported $0.51 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.36) by $0.87. Lovesac had a net margin of 2.56% and a return on equity of 2.59%. The company had revenue of $161.25 million for the quarter, compared to analyst estimates of $161.55 million. During the same quarter last year, the firm earned ($0.45) EPS. The company’s revenue for the quarter was up .5% on a year-over-year basis. Lovesac has set its Q3 2027 guidance at 0.620-0.830 EPS and its FY 2027 guidance at 0.980-1.260 EPS. As a group, equities analysts predict that Lovesac will post 1.12 EPS for the current year.
Insider Buying and Selling
In related news, Director Andrew Heyer acquired 30,000 shares of the company’s stock in a transaction that occurred on Thursday, June 18th. The stock was acquired at an average price of $14.68 per share, for a total transaction of $440,400.00. Following the completion of the acquisition, the director owned 293,259 shares of the company’s stock, valued at $4,305,042.12. This trade represents a 11.40% increase in their position. The purchase was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders bought a total of 33,550 shares of company stock valued at $490,146 in the last ninety days. Corporate insiders own 7.79% of the company’s stock.
Hedge Funds Weigh In On Lovesac
Several institutional investors have recently modified their holdings of the stock. Legal & General Group Plc bought a new stake in shares of Lovesac in the 2nd quarter valued at about $25,000. BNP Paribas Financial Markets boosted its stake in Lovesac by 130.4% during the 2nd quarter. BNP Paribas Financial Markets now owns 1,938 shares of the company’s stock worth $35,000 after acquiring an additional 1,097 shares during the last quarter. California State Teachers Retirement System boosted its stake in Lovesac by 333.5% during the 2nd quarter. California State Teachers Retirement System now owns 3,121 shares of the company’s stock worth $52,000 after acquiring an additional 2,401 shares during the last quarter. Ancora Advisors LLC acquired a new position in Lovesac during the third quarter valued at approximately $146,000. Finally, Engineers Gate Manager LP acquired a new position in Lovesac during the second quarter valued at approximately $169,000. 91.32% of the stock is currently owned by institutional investors and hedge funds.
Lovesac Company Profile
Lovesac, trading on NASDAQ under the symbol LOVE, is an American furniture company known for its modular seating systems and distinctive foam-filled “Sacs.” Founded in 1995 by Shawn Nelson, the company has built a reputation for innovative design that emphasizes comfort, durability and adaptability. Its core offerings include Sactionals—customizable sectional sofas assembled from individual “Sactional” cubes—and the original Lovesac Sacs, large fabric-covered bean bag chairs available in a variety of sizes and materials.
In addition to seating solutions, Lovesac has expanded into home entertainment products with the introduction of the Stage, a modular soundbar system designed to integrate seamlessly with Sactionals.
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