In a report released today, Alex Fuhrman from Craig-Hallum maintained a Buy rating on The Lovesac Company (LOVE – Research Report). The company’s shares closed yesterday at $18.16.
Fuhrman covers the Consumer Cyclical sector, focusing on stocks such as The Lovesac Company, Lindblad Expeditions Holdings, and 1-800 Flowers. According to TipRanks, Fuhrman has an average return of -15.5% and a 24.56% success rate on recommended stocks.
Currently, the analyst consensus on The Lovesac Company is a Strong Buy with an average price target of $50.50.
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The company has a one-year high of $30.94 and a one-year low of $16.82. Currently, The Lovesac Company has an average volume of 300.4K.
Based on the recent corporate insider activity of 28 insiders, corporate insider sentiment is neutral on the stock.
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The Lovesac Company (LOVE) Company Description:
The Lovesac Co. is a technology driven, omni-channel company. It designs, manufactures, and sells furniture comprised of modular couches called sactionals and foam beanbag chairs called sacs. Its products include sactionals, sacs, and accessories. The company was founded by Shawn David Nelson in 1995 and is headquartered in Stamford, CT.
Read More on LOVE:
- The Lovesac Company Announces Notification from Nasdaq Related to Delayed Form 10-Q Filing
- Lovesac receives notice of non-compliance from Nasdaq
- Lovesac options imply 3.7% move in share price post-earnings
- LOVE Upcoming Earnings Report: What to Expect?
- Lovesac pre-announcement shows stabilizing business, says Roth MKM
