Lovesac Company (NASDAQ: LOVE) closed the day trading at $18.80 down -3.64% from the previous closing price of $19.51. On the day, 510977 shares were traded.
Ratios:
For a better understanding of LOVE, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.35 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 6.11. For the most recent quarter (mrq), Quick Ratio is recorded 1.09 and its Current Ratio is at 2.02. In the meantime, Its Debt-to-Equity ratio is 0.81 whereas as Long-Term Debt/Eq ratio is at 0.73.
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, ROTH MKM on March 29, 2023, Reiterated its Buy rating but revised its target price to $36 from $32 previously.
On September 11, 2020, Oppenheimer reiterated its Outperform rating and also lowered its target price recommendation from $30 to $40.
BTIG Research reiterated its Buy rating for the stock on June 10, 2020, while the target price for the stock was revised from $22 to $30.
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 Mar 15 ’24 when Nelson Shawn David sold 6,000 shares for $22.44 per share. The transaction valued at 134,613 led to the insider holds 179,970 shares of the business.
HEYER ANDREW R bought 9,100 shares of LOVE for $236,594 on Dec 27 ’23. The Director now owns 2,800 shares after completing the transaction at $26.00 per share. On Dec 13 ’23, another insider, Nelson Shawn David, who serves as the Chief Executive Officer of the company, sold 19,000 shares for $24.70 each. As a result, the insider received 469,213 and left with 185,970 shares of the company.
Valuation Measures:
As of this moment, Lovesac’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.36, and their Forward P/E ratio for the next fiscal year is 9.60. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.45. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.42 while its Price-to-Book (P/B) ratio in mrq is 1.34.
Stock Price History:
Over the past 52 weeks, LOVE has reached a high of $30.93, while it has fallen to a 52-week low of $14.18.
Shares Statistics:
A total of 15.49M shares are outstanding, with a floating share count of 13.50M. Insiders hold about 12.86% of the company’s shares, while institutions hold 91.78% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from The Lovesac Company analysts. The consensus estimate for the next quarter is $0.32, with high estimates of $129.82 and low estimates of $0.50.
Analysts are recommending an EPS of between $Consumer Defensive and $Healthcare for the fiscal current year, implying an average EPS of $Real Estate.
