The Lovesac stock: buy or sell?
June 26th, 2019
Should I buy The Lovesac stock?Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. That's why is so important to define your own trading strategy that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.
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?
Financial institutions and banks publish stock ratings everyday.At Stocks2.com, we gathered 2 ratings published for LOVE stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
The Lovesac stock analysis
After sliding a bloodcurdling -7.27% yesterday, The Lovesac closed today at $28.99 and fell a horrible -2.88%.
After sliding a bloodcurdling -7.27% yesterday, The Lovesac closed today at $28.99 and fell a horrible -2.88%. On May, LOVE hit a new all time high, pushing higher than on May tops. Check different trading setups that use ATHs as triggers.
The Lovesac plunged a scary -7.53% this week. Early June LOVE climbed a great 5.53% in just one week.
The Lovesac is sliding further to find new supports after lossing the support. Not so far away is the last all-time high The Lovesac marked early May, but since then it dropped a 38.04%. Since mid June, when LOVE stock price broke down the 20-weeks moving avarage line, it slid $-9.17 per share (-24.03%). Late January, SMA10w and SMA20w crossed up triggering a rise of 22.79%.
The Lovesac stock price history
The Lovesac stock went public on June 27th, 2018 with a price of $25.011. Since then, LOVE stock surged a 15.90%, with an average of inf% per year. If you had invested right after LOVE's IPO a $1,000 in The Lovesac stock in 2018, it would worth $159.00 today.
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 $37.00Predicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, financial institutions invest time and resources to provide the most accurated estimations to help investors to make their decisions. 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. For the last month we found 2 price predictions for LOVE stock:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
Financials and fundamental analysis
Earnings date and Earnings per ShareSince March, when The Lovesac posted its last earnings report, it remained stable a slightly fine 0.83%. As soon as we get its posted EPS from the earnings report, we will update this report.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsIn 2018, The Lovesac annual turnover stayed stable a neutral 0.00% to $101.81 million USD from $101.81 marked in 2017. In line, its income margin (compared to revenues) remained steady to -5.40%, that is $-5.50 million. To have an updated 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 M USD. When comparing this TTM figures with the last reported annuality, we can esteem The Lovesac business evolution since January 2018: Annual turnover up to January, compared to lastest yearly report, stayed stable a tight -0.10%. Nevertheless, profit margin (net income/revenues) slipped 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 reported M in revenues for 2019-Q1, a -100.00% less compared to previous quarter. Reported quarter earnings marked M with a profit margin of . Profit margin stayed stable 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 scary correction and collapsed 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 buy a stock, it's always worth to check its ownership structure.
Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For The Lovesac, 42.42% of all outstanding shares are owned by its staff.
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.
The following table compares ownership indicators for other stocks related to The Lovesac:
|Market cap||$420.9 M|
|Total shares||14.5 M|
|Float shares||9.1 M|
|- Institutional holdings (%)||64.6%|
|- Insider holdings (%)||42.4%|
|Shares in short selling||0.0%|
The Lovesac summary
|Wednesday, June 26th, 2019|
|Day range||$28.79 - $30.04|
|Average true range||$2.78|
|50d mov avg||$35.48|
|100d mov avg||$32.43|
|200d mov avg||$27.02|
The Lovesac performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. In the following table, we compare The Lovesac performance to :