Lovesac

Earnings next week 🗓️

$AVGO (+1,78%)

$GME (-1,23%)

$AI (-0,32%)

$ADBE (-0,07%)

$ORCL (+1,12%)

$M (+0,37%)

$MDB (+1,25%)

$COST (-1,02%)

$AZO (-1,3%)

$PL

$ASO (+0,07%)

$RH (+0,24%)

$TOL (+1%)

$BRZE (-0,25%)

$LOVE

$OLLI (-2,88%)

$HQY (+0%)

$RENT

$SFIX (-1,02%)

$PLAY

$MTN (+0,61%)

$CASY (-0,44%)

$MOMO (-0%)

$VBNK (+0%)

$YEXT (-0,14%)

$DBI (+0%)

$CIEN (+4,21%)

$SKIL

$PHR (-0,1%)

$HEPS (-0,89%)

$MAMA

$GNSS (+0%)

$NX (+1,52%)

$ASYS (-0,74%)

$UNFI (-0,82%)

$FERG (-0,03%)

$MNY

$JOUT

Too bad...

22% trading loss in three days shortly before reaching the ATH trading target

But if the same insider sells large volumes two days in a row a week before the figures, that certainly doesn't bode well...

A quick shot - no risk no fun...

" While Lovesac generated revenue of just USD 62 million and a loss of USD 0.08 per share in the same quarter of the previous year, it generated revenue of USD 102.4 million and a profit of USD 8.4 million or USD 0.52 per share in the second quarter of 2021...

The earnings estimate of USD 0.84 per share for the full year compares with USD 0.66 per share in the first half of the year alone...

The experts are now very optimistic for 2022 and expect earnings to double to USD 1.68 per share.

Canacord Genuity raises price target from USD 77 to USD 98 - continue Buy