How to Buy Lovesac Co Stock
Lovesac Co
The Lovesac Company designs, manufactures, and sells furniture. It offers sactionals, such as seats and sides; sacs, including foam beanbag chairs; and accessories comprising drink holders, footsac blankets, decorative pillows, fitted seat tables, and ottomans.
Lovesac Co stock last closed at $22.43, up 1.77% from the previous day, and has decreased 20.57% in one year. It has underperformed other stocks in the Furnishings Fixtures & Appliances industry by 0.2 percentage points. Lovesac Co stock is currently +58.18% from its 52-week low of $14.18, and -24.76% from its 52-week high of $29.81.
There are currently 15.49M shares of LOVE outstanding. The market capitalization of LOVE is $347.43M. In the past 24 hours, 272,205 LOVE shares were traded.
How to Buy Lovesac Co Stock
Not sure how to invest in Lovesac Co stock? Here's how.
- Choose where to buy Lovesac Co stock: You need to decide on an online brokerage, but don't worry - we've sifted through dozens of online brokerages and apps to help you determine where to buy Lovesac Co stock.
- Open your brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've selected.
- Fund your brokerage account: Select your payment method and add your info.
- Evaluate Lovesac Co stock: The Lovesac Co ticker symbol is LOVE. Is Lovesac Co stock a good investment? Should you buy shares of LOVE? How do LOVE's underlying business fundamentals look? Do top analysts think Lovesac Co is a good buy? Why has LOVE's stock price moved recently? (Hint: Our stock market research website can help you evaluate if LOVE is a good stock to buy).
- Place your LOVE purchase: Decide if you will purchase LOVE shares at the current market price or use a limit order to purchase LOVE shares at a particular price.
- Get updates on your LOVE position: Create a watchlist to get live updates on your new investment in Lovesac Co shares.
Step 1: Choose where to buy Lovesac Co stock
You need a brokerage account in order to access the NASDAQ market and buy LOVE shares.
Our recommended brokerage: eToro
Based on our research, eToro is the best stock brokerage. eToro gives you:
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Get $10 towards your share purchase by opening an account with eToro today.
Open eToro AccountStep 2: Open your brokerage account
Now that you've picked the best brokerage, it's time to fill out some personal information so you can buy LOVE stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to create your new trading account.
- Submit your info by pressing the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you've filled out your info on the best investment app, you need to deposit funds:
Check out the tutorial below if you need help transferring funds into your new brokerage account.
Step 4: Evaluate Lovesac Co stock
After you have selected the best place to buy Lovesac Co stock, it's important to analyze their stock prior to buying, so you actually understand the risk as well as the opportunity.
Lovesac Co Metrics
Lovesac Co Zen Score
WallStreetZen was designed to help average investors perform more in-depth fundamental analysis in less time.
You can view all of the due diligence checks on LOVE's stock page.
How is LOVE stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge LOVE's fair value.
Using relative valuations methods:
- LOVE could be undervalued based on its P/E ratio of 14.47x, relative to Furnishings Fixtures & Appliances industry P/E ratio of 15.98x
- LOVE could be undervalued based on its P/B ratio of 1.6x, relative to Furnishings Fixtures & Appliances industry P/B ratio of 2.18x
- LOVE may be undervalued based on its PEG ratio of 0.11x
You can access additional valuation research on LOVE's stock here.
LOVE Financial Summary
Pros:
- LOVE earnings of $30.08M is not sufficient to cover its interest payments.
- LOVE's operating cash flow of $76.44M allows it to safely service it's debt of $175.50M.
- There are more short-term assets than short-term liabilities on the LOVE balance sheet.
- There are more short-term assets than long-term liabilities on the LOVE balance sheet.
Cons:
- LOVE profit margin has gone down from 4.1% to 3.4% in the past year.
- LOVE has a relatively high debt to equity ratio of 1.22.
- Total LOVE debt is higher than 5 years ago, relative to shareholder equity.
Do analysts think it's a good time to buy Lovesac Co stock
Out of 3 Wall Street analysts who track LOVE, the consensus analyst rating on LOVE is a Strong Buy
Please keep in mind that analyst forecasts are not stock recommendations, nor are they financial advice.
You can dive deeper into what analysts are saying on the Lovesac Co stock forecast page.
LOVE Technicals
How is LOVE performing as a company?
Last year, LOVE earnings were $23.86M. During the past three year, LOVE's earnings have gone up by 81.16% per year. This was faster than the Furnishings Fixtures & Appliances industry average of -12.79%.
Last year, LOVE revenue was $700.27M. In the past five year, LOVE's revenue has gone up by 33.38% per year. This was faster than the Furnishings Fixtures & Appliances industry average of 19.79%.
Learn more about LOVE's earnings and revenue performance here.
Latest Insiders Trades at LOVE
Over the last 12 months, executives and large shareholders at LOVE have bought more shares than they have sold.
Keith R. Siegner, EVP and CFO of LOVE, was the latest LOVE insider to buy. They bought $99,864.00 worth of LOVE stock on Apr 19, 2024.
Get more info about who owns LOVE stock here.
Does LOVE provide a stable income stream?
No, Lovesac Co doesn't provide an income stream by paying out dividends.
LOVE Social Trading Data
One of the primary reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
Step 5: Place your LOVE purchase
You have two primary options:
- Market order: A market order is an order to buy or sell a security at the best possible price.
Market orders are mostly the best for newer investors. - Limit order: A limit order allows you to buy or sell a stock at a specific price (or better).
If you want to ensure you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open Trade button and your broker will place the order.
If you require additional help buying stocks on eToro, watch the how to video below:
Step 6: Get updates on your LOVE position
Now that you own some LOVE shares, you'll want to stay up-to-date on your new investment.
Start a watchlist to track your LOVE stock.
LOVE Feed
How to Buy Stock in Lovesac Co
To summarize, here are the 6 steps for buying Lovesac Co stock:
- Choose where to buy Lovesac Co stock
- Open your brokerage account
- Fund your brokerage account
- Evaluate Lovesac Co stock
- Place your LOVE purchase
- Get updates on your LOVE position
If you need a online brokerage, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get updates on your investment in Lovesac Co, click below.
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