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After finishing at $20.50 in the prior trading day, Lovesac Company (NASDAQ: LOVE) closed at $16.82, down -17.98%. In other words, the price has decreased by -$17.98 from its previous closing price. On the day, 1.76 million shares were traded.
Ratios:
Our goal is to gain a better understanding of LOVE by taking a closer look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 1.60. In the meantime, Its Debt-to-Equity ratio is 0.95 whereas as Long-Term Debt/Eq ratio is at 0.84.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on June 17, 2024, Reiterated its Buy rating but revised its target price to $38 from $36 previously.
On April 17, 2024, Maxim Group started tracking the stock assigning a Buy rating and target price of $36.
ROTH MKM reiterated its Buy rating for the stock on March 29, 2023, while the target price for the stock was revised from $32 to $36.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 17 ’25 when Krause Albert Jack sold 30,000 shares for $26.33 per share. The transaction valued at 789,900 led to the insider holds 147,849 shares of the business.
Jack Krause bought 30,000 shares of LOVE for $785,700 on Jan 17 ’25. On Dec 20 ’24, another insider, McLallen Walter Field, who serves as the Director of the company, bought 4,000 shares for $24.68 each. As a result, the insider paid 98,720 and bolstered with 23,540 shares of the company.
Valuation Measures:
As of this moment, Lovesac’s Price-to-Earnings (P/E) ratio for their current fiscal year is 23.95, and their Forward P/E ratio for the next fiscal year is 11.94. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.73. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.36 while its Price-to-Book (P/B) ratio in mrq is 1.22.
Stock Price History:
Over the past 52 weeks, LOVE has reached a high of $39.49, while it has fallen to a 52-week low of $12.12. The 50-Day Moving Average of the stock is -12.44%, while the 200-Day Moving Average is calculated to be -30.39%.
Shares Statistics:
A total of 14.55M shares are outstanding, with a floating share count of 13.44M. Insiders hold about 9.44% of the company’s shares, while institutions hold 100.96% stake in the company.
