On Monday, Lovesac Company (NASDAQ: LOVE) opened higher 7.92% from the last session, before settling in for the closing price of $28.53. Price fluctuations for LOVE have ranged from $14.18 to $30.39 over the past 52 weeks.
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It was noted that within the last five years, the titan of the Consumer Cyclical sector saw sales topped by 34.34%. Company’s average yearly earnings per share was noted -21.49% at the time writing. With a float of $13.99 million, this company’s outstanding shares have now reached $15.49 million.
The extent of productivity of a business whose workforce counts for 1991 workers is very important to gauge. In terms of profitability, gross margin is 57.01%, operating margin of 1.52%, and the pretax margin is 1.88%.
Lovesac Company (LOVE) Insider Updates
A key investor’s attitude towards the stock of the Furnishings, Fixtures & Appliances industry is another important factor to consider. The insider ownership of Lovesac Company is 10.07%, while institutional ownership is 100.25%. The most recent insider transaction that took place on Oct 03 ’24, was worth 262,200. In this transaction Director of this company sold 10,000 shares at a rate of $26.22, taking the stock ownership to the 177,849 shares. Before that another transaction happened on Oct 03 ’24, when Company’s Director proposed sale 10,000 for $27.55, making the entire transaction worth $275,500.
Lovesac Company (LOVE) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 7/31/2024, the company posted -0.15 earnings per share (EPS) for the quarter, besting the agreed prediction (set at -0.3) by 0.15. Wall Street market experts anticipate that the next fiscal year will bring earnings of 2.53 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -21.49% per share during the next fiscal year.
Lovesac Company (NASDAQ: LOVE) Trading Performance Indicators
Check out the current performance indicators for Lovesac Company (LOVE). In the past quarter, the stock posted a quick ratio of 0.92. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.69. Likewise, its price to free cash flow for the trailing twelve months is 26.05.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.51, a number that is poised to hit -0.35 in the next quarter and is forecasted to reach 1.68 in one year’s time.
Technical Analysis of Lovesac Company (LOVE)
The latest stats from [Lovesac Company, LOVE] show that its last 5-days average volume of 0.25 million was inferior to 0.29 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 68.70%. Additionally, its Average True Range was 1.22.
During the past 100 days, Lovesac Company’s (LOVE) raw stochastic average was set at 99.45%, which indicates a significant increase from 99.10% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 41.56% in the past 14 days, which was lower than the 63.68% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $25.79, while its 200-day Moving Average is $24.44. Now, the first resistance to watch is $31.49. This is followed by the second major resistance level at $32.18. The third major resistance level sits at $33.51. If the price goes on to break the first support level at $29.46, it is likely to go to the next support level at $28.13. Assuming the price breaks the second support level, the third support level stands at $27.43.
Lovesac Company (NASDAQ: LOVE) Key Stats
There are currently 15,551K shares outstanding in the company with a market cap of 479.09 million. Presently, the company’s annual sales total 700,270 K according to its annual income of 23,860 K. Last quarter, the company’s sales amounted to 156,590 K and its income totaled -5,860 K.
