FY2026 EPS Estimates for Loop Industries Lowered by Analyst

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) - Investment analysts at Roth Capital decreased their FY2026 EPS estimates for Loop Industries in a research note issued to investors on Tuesday, August 5th. Roth Capital analyst G. Sweeney now forecasts that the financial services provider will earn ($0.27) per share for the year, down from their prior 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 (NASDAQ:LOOP - Get Free Report) last issued its quarterly earnings results on Tuesday, July 15th. The financial services provider reported ($0.07) EPS for the quarter, hitting analysts' consensus estimates of ($0.07). The company had revenue of $0.25 million during the quarter, compared to analyst estimates of $0.16 million. Loop Industries had a negative return on equity of 354.97% and a negative net margin of 120.79%.

Loop Industries Stock Down 1.1%

NASDAQ LOOP opened at $1.68 on Thursday. The stock's 50 day moving average is $1.44 and its two-hundred day moving average is $1.23. 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 capitalization of $80.22 million, a price-to-earnings ratio of -6.10 and a beta of 1.76. Loop Industries has a 1-year low of $0.85 and a 1-year high of $2.29.

Insider Buying and Selling

In other news, Director Laurence G. Sellyn acquired 150,000 shares of the company's stock in a transaction dated Wednesday, July 23rd. The stock was bought at an average price of $1.01 per share, with a total value of $151,500.00. Following the completion of the acquisition, the director owned 430,050 shares in the company, valued at approximately $434,350.50. This represents a 53.56% increase in their position. The acquisition was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, Director Spencer Hart bought 29,121 shares of the firm's stock in a transaction dated Monday, July 28th. The shares were acquired at an average price of $1.65 per share, for a total transaction of $48,049.65. Following the acquisition, the director directly owned 340,370 shares of the company's stock, valued at approximately $561,610.50. The trade was a 9.36% increase in their position. The disclosure for this purchase can be found here. Insiders have acquired 1,454,794 shares of company stock worth $1,506,440 in the last three months. Company insiders own 45.90% of the company's stock.

Hedge Funds Weigh In On Loop Industries

Several large investors have recently made changes to their positions in LOOP. Millennium Management LLC bought a new position in Loop Industries in the fourth quarter valued at approximately $41,000. CacheTech Inc. bought a new stake in Loop Industries in the fourth quarter valued at about $30,000. 4WEALTH Advisors Inc. acquired a new position in Loop Industries in the fourth quarter valued at about $60,000. Finally, Towneley Capital Management Inc DE bought a new position in Loop Industries during the first quarter worth about $78,000. Institutional investors and hedge funds 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.

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