Key Takeaways:
- Lovesac outperformed Q4 EPS estimates, achieving $2.13 per share.
- Despite a slight revenue decline, the company's sales exceeded expectations by $11.17 million.
- The average analyst price target suggests a potential upside of nearly 120%.
Lovesac (LOVE, Financial) recently revealed its fourth-quarter financial results, displaying a strong performance that caught many analysts' attention. The company delivered a GAAP earnings per share (EPS) of $2.13, surpassing expectations by $0.26. Although revenue decreased by 3.6% year-over-year to $241.5 million, it still exceeded projections by $11.17 million.
Wall Street Analysts Forecast
According to the insights provided by six analysts, the one-year price target for The Lovesac Co (NASDAQ: LOVE) averages at $35.00. The highest estimate reaches $45.00, while the lowest is $22.00. This average price target suggests a significant upside of 119.71% from the current trading price of $15.93. For a more comprehensive analysis, visit the The Lovesac Co (LOVE, Financial) Forecast page.
Brokerage Recommendations
The Lovesac Co holds an average brokerage recommendation of 1.8, which classifies as "Outperform." This rating, based on feedback from six brokerage firms, utilizes a scale where 1 signifies a Strong Buy and 5 indicates a Sell.
GuruFocus Valuation
GuruFocus estimates place the GF Value for The Lovesac Co at $30.25 in one year, representing an upside of 89.89% from the current price of $15.93. The GF Value metric is an estimate of the stock's fair market value, derived from historical trading multiples, past business growth, and future performance projections. Detailed data and projections are available on the The Lovesac Co (LOVE, Financial) Summary page.
