Roth Capital Issues Positive Forecast for Lovesac Earnings

The Lovesac Company (NASDAQ:LOVE) – Equities research analysts at Roth Capital upped their Q4 2026 earnings per share estimates for Lovesac in a report released on Thursday, June 12th. Roth Capital analyst M. Koranda now expects that the company will post earnings of $2.39 per share for the quarter, up from their prior estimate of $2.17. The consensus estimate for Lovesac’s current full-year earnings is $0.39 per share. Roth Capital also issued estimates for Lovesac’s Q1 2027 earnings at ($0.85) EPS, Q2 2027 earnings at ($0.43) EPS, Q3 2027 earnings at ($0.24) EPS and Q4 2027 earnings at $2.60 EPS.

A number of other research firms also recently weighed in on LOVE. DA Davidson decreased their price objective on Lovesac from $35.00 to $24.00 and set a “buy” rating on the stock in a report on Friday, April 11th. Oppenheimer reissued an “outperform” rating and issued a $35.00 target price on shares of Lovesac in a report on Friday, April 11th. Roth Mkm boosted their target price on Lovesac from $22.00 to $28.00 and gave the stock a “buy” rating in a report on Friday, April 11th. Finally, Canaccord Genuity Group reduced their target price on Lovesac from $45.00 to $30.00 and set a “buy” rating on the stock in a report on Friday, April 11th. Five equities research analysts have rated the stock with a buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and an average price target of $30.40.

Lovesac Trading Up 0.1%

NASDAQ LOVE opened at $17.45 on Monday. The stock’s 50 day moving average is $19.53 and its two-hundred day moving average is $21.94. The company has a market capitalization of $253.90 million, a price-to-earnings ratio of 24.93, a PEG ratio of 0.52 and a beta of 2.30. Lovesac has a 1-year low of $12.12 and a 1-year high of $39.49.

Lovesac (NASDAQ:LOVE) last released its quarterly earnings data on Thursday, June 12th. The company reported ($0.73) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.81) by $0.08. The company had revenue of $138.37 million for the quarter, compared to the consensus estimate of $137.20 million. Lovesac had a return on equity of 6.70% and a net margin of 1.99%. The company’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the business earned ($0.83) earnings per share.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. SummerHaven Investment Management LLC boosted its holdings in shares of Lovesac by 1.7% in the 1st quarter. SummerHaven Investment Management LLC now owns 33,949 shares of the company’s stock worth $617,000 after acquiring an additional 562 shares in the last quarter. Fuller & Thaler Asset Management Inc. boosted its holdings in shares of Lovesac by 3.9% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 21,318 shares of the company’s stock worth $388,000 after acquiring an additional 800 shares in the last quarter. Heck Capital Advisors LLC bought a new position in Lovesac in the 4th quarter worth approximately $26,000. Charles Schwab Investment Management Inc. raised its position in Lovesac by 3.1% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 41,524 shares of the company’s stock worth $982,000 after purchasing an additional 1,243 shares during the last quarter. Finally, Price T Rowe Associates Inc. MD raised its position in Lovesac by 13.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 11,462 shares of the company’s stock worth $272,000 after purchasing an additional 1,333 shares during the last quarter. 91.32% of the stock is owned by institutional investors and hedge funds.

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.