The Lovesac Company (NASDAQ:LOVE – Free Report) – Roth Capital lowered their Q1 2026 earnings estimates for shares of Lovesac in a report issued on Wednesday, April 9th. Roth Capital analyst M. Koranda now anticipates that the company will earn ($0.98) per share for the quarter, down from their prior forecast of ($0.83). The consensus estimate for Lovesac’s current full-year earnings is $0.39 per share. Roth Capital also issued estimates for Lovesac’s Q2 2026 earnings at ($0.38) EPS, Q3 2026 earnings at ($0.26) EPS, Q4 2026 earnings at $1.65 EPS, FY2026 earnings at $0.20 EPS and FY2027 earnings at $0.81 EPS.
Lovesac (NASDAQ:LOVE – Get Free Report) last announced its earnings results on Thursday, April 10th. The company reported $2.13 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.80 by $0.33. Lovesac had a net margin of 1.04% and a return on equity of 3.51%. The company had revenue of $241.50 million for the quarter, compared to analyst estimates of $230.33 million. During the same period in the prior year, the business earned $1.87 earnings per share. Lovesac’s quarterly revenue was down 3.6% on a year-over-year basis.
Several other equities analysts have also issued reports on the company. Oppenheimer reaffirmed an “outperform” rating and set a $35.00 price target on shares of Lovesac in a research note on Friday. Roth Mkm upped their target price on shares of Lovesac from $22.00 to $28.00 and gave the company a “buy” rating in a research report on Friday. DA Davidson lowered their price target on shares of Lovesac from $35.00 to $24.00 and set a “buy” rating for the company in a research report on Friday. Finally, Canaccord Genuity Group cut their price objective on shares of Lovesac from $45.00 to $30.00 and set a “buy” rating on the stock in a report on Friday. Six analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $31.67.
Read Our Latest Report on LOVE
Lovesac Stock Performance
Shares of LOVE opened at $18.34 on Monday. The business’s fifty day moving average price is $18.93 and its two-hundred day moving average price is $25.33. The firm has a market capitalization of $283.04 million, a price-to-earnings ratio of 53.94, a PEG ratio of 0.65 and a beta of 3.08. Lovesac has a 52 week low of $12.12 and a 52 week high of $39.49.
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Voya Investment Management LLC bought a new stake in shares of Lovesac in the fourth quarter worth about $7,354,000. AWM Investment Company Inc. grew its position in shares of Lovesac by 33.2% in the 4th quarter. AWM Investment Company Inc. now owns 681,741 shares of the company’s stock valued at $16,130,000 after purchasing an additional 170,045 shares during the period. Senvest Management LLC increased its stake in Lovesac by 17.4% during the 4th quarter. Senvest Management LLC now owns 1,106,767 shares of the company’s stock worth $26,186,000 after purchasing an additional 163,745 shares in the last quarter. Penn Capital Management Company LLC acquired a new stake in Lovesac during the 4th quarter worth approximately $3,722,000. Finally, New York State Common Retirement Fund lifted its stake in Lovesac by 1,976.1% in the fourth quarter. New York State Common Retirement Fund now owns 118,795 shares of the company’s stock valued at $2,811,000 after buying an additional 113,073 shares in the last quarter. 91.32% of the stock is currently owned by institutional investors.
Insider Activity
In other news, Director Albert Jack Krause sold 30,000 shares of the business’s stock in a transaction on Friday, January 17th. The shares were sold at an average price of $26.33, for a total value of $789,900.00. Following the completion of the transaction, the director now owns 147,849 shares of the company’s stock, valued at $3,892,864.17. The trade was a 16.87 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 12.33% of the stock is currently owned by company insiders.
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.
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