Equities Analysts Offer Predictions for The Lovesac Company’s Q1 2025 Earnings (NASDAQ:LOVE)

The Lovesac Company (NASDAQ:LOVEFree Report) – Equities researchers at Roth Capital boosted their Q1 2025 earnings per share estimates for Lovesac in a research note issued to investors on Tuesday, April 9th. Roth Capital analyst M. Koranda now anticipates that the company will post earnings per share of ($0.24) for the quarter, up from their previous estimate 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.

A number of other brokerages have also recently weighed in on LOVE. Canaccord Genuity Group decreased their price objective on Lovesac from $44.00 to $36.00 and set a “buy” rating for the company in a research note on Friday. Roth Mkm reissued a “buy” rating and set a $34.00 price target on shares of Lovesac in a research report on Wednesday.

Check Out Our Latest Report on Lovesac

Lovesac Stock Down 5.9 %

Lovesac stock opened at $19.51 on Friday. The firm has a market cap of $302.21 million, a P/E ratio of 15.36, a P/E/G ratio of 0.30 and a beta of 2.87. The business has a fifty day moving average of $22.89 and a two-hundred day moving average of $21.73. Lovesac has a twelve month low of $14.18 and a twelve month high of $30.93.

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

Insider Transactions at Lovesac

In other Lovesac news, CEO Shawn David Nelson sold 6,000 shares of the stock in a transaction dated Friday, March 15th. The stock was sold at an average price of $22.44, for a total value of $134,640.00. Following the completion of the sale, the chief executive officer now directly owns 179,970 shares in the company, valued at $4,038,526.80. The transaction was disclosed in a document filed with the SEC, which is available at this link. Insiders own 12.09% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC purchased a new position in Lovesac during the 1st quarter worth approximately $12,996,000. Dimensional Fund Advisors LP boosted its holdings in Lovesac by 211.1% in the first quarter. Dimensional Fund Advisors LP now owns 411,939 shares of the company’s stock valued at $11,904,000 after purchasing an additional 279,545 shares during the last quarter. Millennium Management LLC grew its position in Lovesac by 748.7% during the 2nd quarter. Millennium Management LLC now owns 296,462 shares of the company’s stock worth $8,153,000 after purchasing an additional 261,529 shares during the period. Wasatch Advisors Inc. grew its position in Lovesac by 29.0% during the 1st quarter. Wasatch Advisors Inc. now owns 1,014,661 shares of the company’s stock worth $54,853,000 after purchasing an additional 228,148 shares during the period. Finally, Halter Ferguson Financial Inc. acquired a new position in shares of Lovesac in the 4th quarter valued at about $5,160,000. Hedge funds and other institutional investors own 91.32% of the company’s stock.

About Lovesac

(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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