Roth Capital Research Analysts Decrease Earnings Estimates for The Lovesac Company (NASDAQ:LOVE)

The Lovesac Company (NASDAQ:LOVE) – Equities researchers at Roth Capital cut their FY2025 earnings estimates for Lovesac in a report released on Thursday, September 12th. Roth Capital analyst M. Koranda now expects that the company will earn $1.10 per share for the year, down from their previous forecast of $1.12. The consensus estimate for Lovesac’s current full-year earnings is $1.09 per share. Roth Capital also issued estimates for Lovesac’s Q4 2025 earnings at $2.47 EPS, Q3 2026 earnings at $0.01 EPS, Q4 2026 earnings at $2.64 EPS and FY2026 earnings at $1.78 EPS.

Other analysts have also issued reports about the stock. Craig Hallum upped their price target on shares of Lovesac from $30.00 to $35.00 and gave the company a “buy” rating in a research report on Friday. Maxim Group increased their target price on shares of Lovesac from $36.00 to $38.00 and gave the stock a “buy” rating in a report on Monday, June 17th. Roth Mkm increased their target price on shares of Lovesac from $30.00 to $31.00 and gave the stock a “buy” rating in a report on Friday. DA Davidson increased their target price on shares of Lovesac from $24.00 to $32.00 and gave the stock a “buy” rating in a report on Friday, June 14th. Finally, Canaccord Genuity Group reiterated a “buy” rating and set a $36.00 target price on shares of Lovesac in a report on Friday. Six research analysts have rated the stock with a buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and a consensus target price of $34.50.

Lovesac Stock Up 0.4 %

NASDAQ LOVE opened at $26.35 on Monday. The company has a 50-day simple moving average of $24.70 and a two-hundred day simple moving average of $23.98. Lovesac has a 12-month low of $14.18 and a 12-month high of $30.39. The firm has a market cap of $409.77 million, a price-to-earnings ratio of 31.00, a PEG ratio of 0.55 and a beta of 2.90.

Hedge Funds Weigh In On Lovesac

A number of institutional investors have recently bought and sold shares of the stock. Marshall Wace LLP bought a new position in Lovesac in the second quarter worth about $4,328,000. Lombard Odier Asset Management USA Corp bought a new position in shares of Lovesac during the second quarter valued at approximately $346,000. Hood River Capital Management LLC increased its stake in shares of Lovesac by 8.8% during the second quarter. Hood River Capital Management LLC now owns 774,015 shares of the company’s stock valued at $17,477,000 after purchasing an additional 62,615 shares in the last quarter. Dimensional Fund Advisors LP increased its stake in shares of Lovesac by 3.5% during the second quarter. Dimensional Fund Advisors LP now owns 795,011 shares of the company’s stock valued at $17,951,000 after purchasing an additional 26,872 shares in the last quarter. Finally, Meeder Asset Management Inc. bought a new position in shares of Lovesac during the second quarter valued at approximately $43,000. 91.32% of the stock is owned by institutional investors.

Insider Buying and Selling

In related news, CEO Shawn David Nelson sold 18,988 shares of the stock in a transaction dated Thursday, June 20th. The shares were sold at an average price of $23.33, for a total value of $442,990.04. Following the completion of the transaction, the chief executive officer now directly owns 165,855 shares of the company’s stock, valued at $3,869,397.15. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 12.33% of the stock is owned by 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.