The Lovesac stock: buy or sell?
September 20th, 2019
Should I buy The Lovesac stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best time to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, The Lovesac stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is The Lovesac stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 5 ratings published for LOVE stock in the last month. The general sentiment of these ratings is bullish for LOVE stock, with 5 positive ratings.
|Date||Analyst / Broker||Previous rating||Current rating|
The Lovesac stock analysis
After boosting a super good 5.14% yesterday, The Lovesac closed today at $20.66 and plummed a scary -5.23%.
After boosting a super good 5.14% yesterday, The Lovesac closed today at $20.66 and plummed a scary -5.23%. Since last July when LOVE stock price broke down the SMA200d line, it slid $-8.11 per share (-28.19%). On May, LOVE hit a new all time high, pushing higher than on May tops. Check different trading setups that use ATHs as triggers.
After boosting an exceptional 15.76% in a week last week, The Lovesac closed this week at $20.66 and inched a slightly fine 0.78%. With this, it's been 4 climbing weeks in a row, soaring a 19.85%. By mid August LOVE collapsed a bloodcurdling -5.98% in just one week.
Since price and 40-weeks moving average lines crossed down early July, LOVE fell $-8.47 per share (-29.08%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average line is not recommended by many experts, as it indicates that the stock has not enough institutional support. Far behind is the all-time high The Lovesac marked early May and since then the price is -55.85% below that top.
The Lovesac stock price history
The Lovesac stock went public on June 27th, 2018 with a price of $25.001. Since then, LOVE stock declined a -17.40%, with a yearly average of -17.40%.
1: Adjusted price after possible price splits or reverse-splits.
The Lovesac stock historical price chart
LOVE stock reached all-time highs on May with a price of $46.79.
The Lovesac stock price target is $35.20Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, many stock price predictions are published every day by banks, financial institutions and independent analysts. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. We found 5 price targets for LOVE stock published in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-4||Roth Capital||Lowers Target||$47.00||$37.00||-21.3%|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter publishing its last earnings report on March, The Lovesac . As soon as we get its actual EPS from the earnings report, we will extend this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual sales report draw a tight move of 0.00% to $101.81 M dollars. When comparing 2018 vs 2017, in the same way, profit margin (that is, the net income divided by revenues) remained stable a 0.00% to -5.40%. To have an up to date view of the financial situation of The Lovesac, we have calculated the trailing twelve month (TTM) sales and income figures. TTM values are the sum of the last 4 quarters and aproximate to an annual fiscal report ending in 2019-Q1 that can be compared to 2018 fiscal year results. Annual The Lovesac TTM sales up to January 2019 were $101.70 and income was $-15.14 million USD. If we compare this TTM figures with the last reported annuality, we can review The Lovesac business evolution since January 2018: Annual revenues up to January, compared to lastest yearly report, stayed constant a neutral -0.10%. On the other hand, profit margin (net income/sales) fell at -5.40%.
|2015||$74 M||-||$-8.99 M-12.1%||-|
|2016||$74 M||-0.01%||$-8.99 M-12.1%||0.05%|
|2016||$76 M||2.96%||$-6.87 M-9.0%||-23.62%|
|2017||$76 M||0.00%||$-6.87 M-9.0%||0.06%|
|2017||$102 M||33.36%||$-5.50 M-5.4%||-19.99%|
|2018||$102 M||0.00%||$-5.50 M-5.4%||0.03%|
|TTM||$102 M||-0.10%||$-15.14 M-14.9%||175.25%|
Quarterly financial resultsThe Lovesac posted M in revenues for 2019-Q1, a -100.00% decline compared to previous quarter. Reported quarter earnings marked M with a profit margin of . Profit margin stayed steady a 0.00% compared to previous quarter when profit margin was -5.97%. When comparing revenues to same quarter last year, The Lovesac sales marked a hair-raising slide and plummed a -100.00%.
|2017-Q2||$18 M||-||$-3.34 M-18.9%||-|
|2017-Q3||$21 M||17.66%||$-2.41 M-11.6%||-27.66%|
|2017-Q4||$24 M||17.57%||$-2.18 M-8.9%||-9.71%|
|2018-Q1||$39 M||60.07%||$2.43 M6.2%||-211.31%|
|2018-Q2||$27 M||-31.43%||$-5.68 M-21.2%||-334.20%|
|2018-Q3||$33 M||24.21%||$-6.97 M-21.0%||22.63%|
|2018-Q4||$42 M||25.37%||$-2.49 M-6.0%||-64.26%|
The Lovesac ownershipWhen you are planning to invest in shares of a stock, it's worth to review its ownership structure.
The Lovesac shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 42.42% of all shares.
In case of The Lovesac stock, 64.63% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for LOVE stock account 0.00%, no big difference from last month.
For a better understanding, the next table shows ownership data compared to other related companies:
|Market cap||$300.2 M|
|Total shares||14.5 M|
|Float shares||9.6 M|
|- Institutional holdings (%)||64.6%|
|- Insider holdings (%)||42.4%|
|Shares in short selling||0.0%|
The Lovesac summary
|Friday, September 20th, 2019|
|Day range||$20.42 - $22.41|
|Average true range||$1.78|
|50d mov avg||$20.01|
|100d mov avg||$27.59|
|200d mov avg||$27.22|
The Lovesac performanceStocks performance is always measured in comparision to the market or competitors and related stocks in the same industry. We chose as the bechmarking frame for The Lovesac stock.