The Lovesac Company (NASDAQ:LOVE) Given Consensus Rating of “Moderate Buy” by Brokerages

The Lovesac Company (NASDAQ:LOVE) has been given an average recommendation of “Moderate Buy” by the six research firms that are covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $26.20.

LOVE has been the subject of several recent research reports. Canaccord Genuity Group dropped their price target on shares of Lovesac from $30.00 to $24.00 and set a “buy” rating for the company in a research report on Friday, December 12th. DA Davidson lowered their price objective on Lovesac from $24.00 to $18.00 and set a “buy” rating on the stock in a research note on Thursday, December 11th. Wall Street Zen cut Lovesac from a “hold” rating to a “strong sell” rating in a report on Saturday, December 13th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Lovesac in a research note on Monday, December 29th. Finally, Maxim Group set a $26.00 price objective on Lovesac in a research note on Friday, December 12th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. AQR Capital Management LLC grew its holdings in Lovesac by 391.8% during the 1st quarter. AQR Capital Management LLC now owns 111,727 shares of the company’s stock worth $2,031,000 after acquiring an additional 89,007 shares during the period. Millennium Management LLC boosted its position in shares of Lovesac by 344.8% in the 1st quarter. Millennium Management LLC now owns 302,291 shares of the company’s stock worth $5,496,000 after purchasing an additional 234,324 shares during the last quarter. Empowered Funds LLC boosted its position in shares of Lovesac by 8.1% in the 1st quarter. Empowered Funds LLC now owns 55,925 shares of the company’s stock worth $1,017,000 after purchasing an additional 4,200 shares during the last quarter. Public Employees Retirement System of Ohio acquired a new stake in shares of Lovesac during the second quarter worth $36,000. Finally, SummerHaven Investment Management LLC increased its holdings in Lovesac by 2.0% in the second quarter. SummerHaven Investment Management LLC now owns 34,640 shares of the company’s stock valued at $630,000 after purchasing an additional 691 shares during the last quarter. Institutional investors and hedge funds own 91.32% of the company’s stock.

Lovesac Trading Down 1.0%

NASDAQ:LOVE opened at $13.32 on Monday. The firm has a market capitalization of $194.74 million, a PE ratio of 57.91, a PEG ratio of 1.38 and a beta of 2.36. Lovesac has a 1 year low of $11.26 and a 1 year high of $26.28. The firm’s fifty day simple moving average is $14.46 and its 200 day simple moving average is $15.95.

Lovesac (NASDAQ:LOVE) last issued its quarterly earnings results on Thursday, December 11th. The company reported ($0.72) EPS for the quarter, missing analysts’ consensus estimates of ($0.70) by ($0.02). The business had revenue of $150.17 million for the quarter, compared to analyst estimates of $154.17 million. Lovesac had a return on equity of 3.61% and a net margin of 1.05%.The firm’s quarterly revenue was up .2% compared to the same quarter last year. During the same quarter last year, the firm earned ($0.32) earnings per share. Lovesac has set its Q4 2026 guidance at 1.880-2.220 EPS and its FY 2026 guidance at 0.150-0.490 EPS. As a group, analysts anticipate that Lovesac will post 0.39 EPS for the current fiscal year.

About Lovesac

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.