Buy $LOVE on Earnings
We are not all that worried about the tariffs, even if these do provide temporary headwinds. More worrying is the cash flow. We think shares only become interesting when there is solid prospect of that downward trend reversing.
That is quite within the realm of possibility though as management still insists on the company producing positive adjusted EBITDA for the year. As the company doesn't have debt and isn't capital intensive, positive adjusted EBITDA should really produce only moderate cash outflows.
Q4 operational cash flow was positive last year, and it should be positive this year. One wonders whether the company can maintain this heady growth, especially the same-store part of it.
Source: seekingalpha.com
LOVE trade ideas
love in the stock market....for longLubsk Company is deaing with manufacturing unique and innovative furniture,
The company reported a positive last quarterly report and expected to report again tomorrow. The owners of the company were very pleased with their financial results. They believe they have managed to brand and differentiate their product, and they report a strong foundation for long-term growth.
Also, 3 analysts issued a 12-month Lovesac share price target.
Their forecasts range from $ 26.00 to $ 38.00. On average, they expect Lovesac's share price to reach $ 33.3333 in the next 12 months.
Will LOVE be able to rise up again? Following it for now.
It is possible to examine an entrance to a long play over 32 that is currently is a
It can be rellevant with the support of the market and appropriate trading volumes, approval candle and all other recommended trading rules ...
Not a recommendation
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Lovesac (LOVE) stock: here is what you need to understandThe Lovesac Company (LOVE) shares are trading at $21.50. What's driving LOVE stock price? What's LOVE stock price forecast, and what should investors know about the company?
Lovesac Company makes furniture and sells premium bean bag chairs. The company priced its IPO at $16 in June this year above the initial range of $13 to $15. The stock was off to a flying start but it failed to keep the momentum.
The company raised about $56 million in gross proceeds and is using the proceeds to pay down the debt and increase its marketing investment. Investors are bullish on the company due to strong growth Lovesac is projecting. The bears worry about the business model and the small market cap of $265 million...
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