Brokers Issue Forecasts for Loop Industries FY2026 Earnings

Key Points

• Roth Capital has lowered its FY2026 EPS estimates for Loop Industries to ($0.27) per share, down from a prior estimate of ($0.20), while the consensus estimate is currently at ($0.47) per share.
• Loop Industries reported a quarterly EPS of ($0.07), in line with analysts' expectations, and generated a revenue of $0.25 million, surpassing estimates of $0.16 million.
• Insider transactions showed significant activity, with Directors purchasing large amounts of stock, suggesting confidence in the company's future, while insiders collectively own 45.90% of the company's stock.

Loop Industries, Inc. (NASDAQ:LOOP - Free Report) - Research analysts at Roth Capital lowered their FY2026 EPS estimates for shares of Loop Industries in a report released on Tuesday, August 5th. Roth Capital analyst G. Sweeney now forecasts that the financial services provider will post earnings per share of ($0.27) for the year, down from their previous estimate of ($0.20). The consensus estimate for Loop Industries' current full-year earnings is ($0.47) per share. Roth Capital also issued estimates for Loop Industries' FY2027 earnings at ($0.25) EPS and FY2028 earnings at $0.07 EPS.

Loop Industries Price Performance

NASDAQ LOOP traded down $0.04 during trading on Thursday, hitting $1.59. 60,731 shares of the company's stock were exchanged, compared to its average volume of 183,370. The stock's 50 day moving average price is $1.46 and its two-hundred day moving average price is $1.24. Loop Industries has a fifty-two week low of $0.85 and a fifty-two week high of $2.29. The company has a current ratio of 2.81, a quick ratio of 2.79 and a debt-to-equity ratio of 7.56. The company has a market cap of $75.87 million, a PE ratio of -5.68 and a beta of 1.76.

Loop Industries (NASDAQ:LOOP - Get Free Report) last released its earnings results on Tuesday, July 15th. The financial services provider reported ($0.07) earnings per share for the quarter, meeting the consensus estimate of ($0.07). The business had revenue of $0.25 million during the quarter, compared to analysts' expectations of $0.16 million. Loop Industries had a negative net margin of 120.79% and a negative return on equity of 354.97%.

Insiders Place Their Bets

In related news, CRO Giovanni Catino acquired 150,000 shares of the stock in a transaction on Wednesday, July 23rd. The stock was purchased at an average price of $1.01 per share, for a total transaction of $151,500.00. Following the completion of the transaction, the executive owned 150,000 shares of the company's stock, valued at $151,500. This trade represents a ∞ increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, CEO Daniel Solomita bought 906,794 shares of the stock in a transaction on Wednesday, July 23rd. The stock was purchased at an average cost of $1.01 per share, for a total transaction of $915,861.94. Following the acquisition, the chief executive officer owned 1,415,516 shares of the company's stock, valued at $1,429,671.16. This trade represents a 178.25% increase in their position. The disclosure for this purchase can be found here. Insiders bought a total of 1,474,794 shares of company stock worth $1,539,640 in the last three months. 45.90% of the stock is owned by corporate insiders.

Institutional Trading of Loop Industries

Large investors have recently added to or reduced their stakes in the company. CacheTech Inc. purchased a new stake in Loop Industries during the 4th quarter valued at approximately $30,000. Millennium Management LLC bought a new position in Loop Industries in the 4th quarter worth approximately $41,000. 4WEALTH Advisors Inc. acquired a new stake in shares of Loop Industries during the 4th quarter valued at $60,000. Finally, Towneley Capital Management Inc DE purchased a new stake in shares of Loop Industries in the first quarter valued at $78,000. Hedge funds and other institutional investors own 4.89% of the company's stock.

About Loop Industries

Loop Industries, Inc, a technology company, focuses on depolymerizing waste polyethylene terephthalate PET plastics and polyester fibers, including plastic bottles, packaging, carpets and textiles of any color, transparency and even ocean plastics that have been degraded by the sun and salt, to its base building blocks.