Lovesac (NASDAQ:LOVE) Updates FY 2027 Earnings Guidance

by · The Markets Daily

Lovesac (NASDAQ:LOVE – Get Free Report) updated its FY 2027 earnings guidance on Thursday. The company provided EPS guidance of 0.980-1.260 for the period, compared to the consensus estimate of 1.090. The company issued revenue guidance of $690.0 million-$710.0 million, compared to the consensus revenue estimate of $716.8 million. Lovesac also updated its Q3 2027 guidance to 0.620-0.830 EPS.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on LOVE shares. Canaccord Genuity Group set a $22.00 target price on Lovesac in a report on Thursday, June 11th. DA Davidson boosted their price objective on Lovesac from $18.00 to $20.00 and gave the company a “buy” rating in a research report on Friday, June 12th. Finally, Weiss Ratings reissued a “sell (d)” rating on shares of Lovesac in a research note on Wednesday, June 24th. Four research analysts have rated the stock with a Buy rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $22.67.

Check Out Our Latest Stock Analysis on LOVE

Lovesac Trading Down 0.2%

LOVE stock opened at $16.03 on Thursday. The stock has a market capitalization of $234.68 million, a price-to-earnings ratio of 61.65, a PEG ratio of 0.91 and a beta of 2.03. The firm’s 50-day moving average price is $16.94 and its two-hundred day moving average price is $15.47. Lovesac has a 12-month low of $10.33 and a 12-month high of $20.87.

Lovesac (NASDAQ:LOVE – Get Free Report) last posted its earnings results on Thursday, September 10th. The company reported $0.51 earnings per share for the quarter, topping analysts’ consensus estimates of ($0.36) by $0.87. The company had revenue of $161.25 million during the quarter, compared to analyst estimates of $161.55 million. Lovesac had a net margin of 0.55% and a return on equity of 1.88%. During the same period in the prior year, the business posted ($0.45) earnings per share. Lovesac has set its Q3 2027 guidance at 0.620-0.830 EPS and its FY 2027 guidance at 0.980-1.260 EPS. Equities analysts predict that Lovesac will post 0.5 EPS for the current year.

Insiders Place Their Bets

In other Lovesac news, Director Andrew Heyer acquired 30,000 shares of the company’s stock in a transaction on Thursday, June 18th. The stock was acquired at an average price of $14.68 per share, for a total transaction of $440,400.00. Following the acquisition, the director owned 293,259 shares in the company, valued at $4,305,042.12. This represents a 11.40% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. In the last three months, insiders purchased 33,550 shares of company stock valued at $490,146. Company insiders own 7.79% of the company’s stock.

Institutional Trading of Lovesac

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. BNP Paribas Financial Markets boosted its holdings in Lovesac by 130.4% in the second quarter. BNP Paribas Financial Markets now owns 1,938 shares of the company’s stock valued at $35,000 after acquiring an additional 1,097 shares in the last quarter. Ancora Advisors LLC bought a new position in Lovesac in the 3rd quarter worth $146,000. XTX Topco Ltd bought a new position in Lovesac in the 4th quarter worth $149,000. HRT Financial LP purchased a new stake in shares of Lovesac in the 4th quarter worth about $160,000. Finally, Schonfeld Strategic Advisors LLC purchased a new stake in shares of Lovesac in the 4th quarter worth about $198,000. Hedge funds and other institutional investors own 91.32% of the company’s stock.

Lovesac Company Profile

(Get Free Report)

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.

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