In the past week, LOVE stock has gone up by 12.10%, with a monthly gain of 20.95% and a quarterly surge of 60.64%. The volatility ratio for the week is 7.13%, and the volatility levels for the last 30 days are 5.17% for Lovesac Company The simple moving average for the last 20 days is 14.98% for LOVE’s stock, with a simple moving average of 46.03% for the last 200 days.
Is It Worth Investing in Lovesac Company (NASDAQ: LOVE) Right Now?
The price-to-earnings ratio for Lovesac Company (NASDAQ: LOVE) is 72.92x, which is above its average ratio. Moreover, the 36-month beta value for LOVE is 2.97. Analysts have varying opinions on the stock, with 4 analysts rating it as a “buy,” 2 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for LOVE is 13.99M and currently, short sellers hold a 28.95% of that float. On November 28, 2024, LOVE’s average trading volume was 309.93K shares.
LOVE) stock’s latest price update
Lovesac Company (NASDAQ: LOVE) has experienced a decline in its stock price by -0.11 compared to its previous closing price of 37.10. However, the company has seen a gain of 12.10% in its stock price over the last five trading days. prnewswire.com reported 2024-11-25 that New StealthTech Charge Side brings wireless charging to any Sactionals configuration STAMFORD, Conn., Nov. 25, 2024 /PRNewswire/ — The Lovesac Company, the Designed for Life home and technology brand, today announced the launch of the StealthTech Charge Side, bringing wireless device charging to its Sactionals Sides.
Analysts’ Opinion of LOVE
Many brokerage firms have already submitted their reports for LOVE stocks, with Maxim Group repeating the rating for LOVE by listing it as a “Buy.” The predicted price for LOVE in the upcoming period, according to Maxim Group is $38 based on the research report published on June 17, 2024 of the current year 2024.
Maxim Group, on the other hand, stated in their research note that they expect to see LOVE reach a price target of $36. The rating they have provided for LOVE stocks is “Buy” according to the report published on April 17th, 2024.
ROTH MKM gave a rating of “Buy” to LOVE, setting the target price at $36 in the report published on March 29th of the previous year.
LOVE Trading at 25.67% from the 50-Day Moving Average
After a stumble in the market that brought LOVE to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -4.83% of loss for the given period.
Volatility was left at 5.17%, however, over the last 30 days, the volatility rate increased by 7.13%, as shares surge +23.45% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +41.78% upper at present.
During the last 5 trading sessions, LOVE rose by +12.10%, which changed the moving average for the period of 200-days by +45.28% in comparison to the 20-day moving average, which settled at $32.23. In addition, Lovesac Company saw 45.05% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LOVE starting from Krause Albert Jack, who sale 10,000 shares at the price of $26.22 back on Oct 03 ’24. After this action, Krause Albert Jack now owns 177,849 shares of Lovesac Company, valued at $262,200 using the latest closing price.
Jack Krause, the Director of Lovesac Company, proposed sale 10,000 shares at $27.55 during a trade that took place back on Oct 03 ’24, which means that Jack Krause is holding shares at $275,500 based on the most recent closing price.
Stock Fundamentals for LOVE
Current profitability levels for the company are sitting at:
- 0.02 for the present operating margin
- 0.57 for the gross margin
The net margin for Lovesac Company stands at 0.01. The total capital return value is set at 0.03. Equity return is now at value 5.03, with 2.14 for asset returns.
Based on Lovesac Company (LOVE), the company’s capital structure generated 0.09 points at debt to capital in total, while cash flow to debt ratio is standing at 2.54. The debt to equity ratio resting at 0.09. The interest coverage ratio of the stock is 10.0.
Currently, EBITDA for the company is 42.68 million with net debt to EBITDA at 4.49. When we switch over and look at the enterprise to sales, we see a ratio of 0.99. The receivables turnover for the company is 46.92for trailing twelve months and the total asset turnover is 1.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.69.
Conclusion
To wrap up, the performance of Lovesac Company (LOVE) has been better in recent times. The stock has received a bullish of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
