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

The Lovesac Company (NASDAQ:LOVEFree Report) – Roth Capital raised their Q1 2025 EPS estimates for Lovesac in a report released on Tuesday, April 9th. Roth Capital analyst M. Koranda now forecasts that the company will post earnings of ($0.24) per share for the quarter, up from their previous forecast of ($0.36). The consensus estimate for Lovesac’s current full-year earnings is $1.50 per share. Roth Capital also issued estimates for Lovesac’s Q3 2025 earnings at ($0.11) EPS.

Lovesac (NASDAQ:LOVEGet Free Report) last released its quarterly earnings results on Thursday, April 11th. The company reported $1.87 EPS for the quarter, missing analysts’ consensus estimates of $1.93 by ($0.06). The company had revenue of $250.00 million during the quarter, compared to analysts’ expectations of $265.35 million. Lovesac had a net margin of 2.97% and a return on equity of 10.83%. The company’s quarterly revenue was up 4.8% compared to the same quarter last year. During the same period in the previous year, the company posted $1.74 earnings per share.

Several other research firms have also commented on LOVE. Canaccord Genuity Group dropped their target price on shares of Lovesac from $44.00 to $36.00 and set a “buy” rating on the stock in a research report on Friday. Roth Mkm reissued a “buy” rating and issued a $34.00 price objective on shares of Lovesac in a research report on Wednesday.

Check Out Our Latest Stock Report on Lovesac

Lovesac Price Performance

LOVE opened at $19.51 on Friday. Lovesac has a fifty-two week low of $14.18 and a fifty-two week high of $30.93. The firm has a market capitalization of $302.21 million, a P/E ratio of 15.36, a PEG ratio of 0.30 and a beta of 2.87. The company’s 50-day moving average is $22.89 and its 200 day moving average is $21.73.

Insider Buying and Selling

In other Lovesac news, CEO Shawn David Nelson sold 6,000 shares of the stock in a transaction on Friday, March 15th. The stock was sold at an average price of $22.44, for a total transaction of $134,640.00. Following the completion of the transaction, the chief executive officer now directly owns 179,970 shares of the company’s stock, valued at $4,038,526.80. The sale was disclosed in a filing with the SEC, which is available through the SEC website. 12.09% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Lovesac

Institutional investors have recently added to or reduced their stakes in the business. Captrust Financial Advisors grew its position in shares of Lovesac by 110.6% in the first quarter. Captrust Financial Advisors now owns 577 shares of the company’s stock valued at $31,000 after purchasing an additional 303 shares in the last quarter. Citigroup Inc. grew its holdings in Lovesac by 32.6% during the 1st quarter. Citigroup Inc. now owns 2,339 shares of the company’s stock valued at $68,000 after buying an additional 575 shares in the last quarter. Royal Bank of Canada increased its position in shares of Lovesac by 230.0% during the second quarter. Royal Bank of Canada now owns 2,627 shares of the company’s stock valued at $70,000 after buying an additional 1,831 shares during the period. Tower Research Capital LLC TRC lifted its holdings in shares of Lovesac by 567.0% in the third quarter. Tower Research Capital LLC TRC now owns 3,675 shares of the company’s stock worth $73,000 after buying an additional 3,124 shares in the last quarter. Finally, State of Wyoming boosted its position in shares of Lovesac by 338.3% in the fourth quarter. State of Wyoming now owns 3,651 shares of the company’s stock valued at $80,000 after acquiring an additional 2,818 shares during the period. 91.32% of the stock is owned by hedge funds and other institutional investors.

Lovesac Company Profile

(Get Free Report)

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 lovesac.com website, as well as showrooms at top tier malls, lifestyle centers, mobile concierges, kiosks, and street locations in 40 states of the United States; and in store pop-up- shops and shop-in-shops.

See Also

Earnings History and Estimates for Lovesac (NASDAQ:LOVE)

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