Roth Capital Boosts Earnings Estimates for Loop Industries

Loop Industries, Inc. (NASDAQ:LOOP - Free Report) - Equities research analysts at Roth Capital raised their Q1 2026 earnings per share (EPS) estimates for Loop Industries in a research note issued to investors on Monday, June 9th. Roth Capital analyst G. Sweeney now expects that the financial services provider will post earnings of ($0.07) per share for the quarter, up from their previous forecast of ($0.11). The consensus estimate for Loop Industries' current full-year earnings is ($0.47) per share. Roth Capital also issued estimates for Loop Industries' Q2 2026 earnings at ($0.07) EPS, FY2026 earnings at ($0.20) EPS, FY2027 earnings at $0.01 EPS and FY2028 earnings at $0.29 EPS.

Loop Industries (NASDAQ:LOOP - Get Free Report) last announced its earnings results on Thursday, May 29th. The financial services provider reported $0.14 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.09) by $0.23. Loop Industries had a negative return on equity of 350.30% and a negative net margin of 21,561.11%. The company had revenue of $10.81 million for the quarter, compared to analysts' expectations of $0.03 million.

Loop Industries Stock Performance

LOOP stock traded down $0.11 during midday trading on Thursday, hitting $1.51. The company's stock had a trading volume of 198,932 shares, compared to its average volume of 433,399. The stock's 50-day moving average price is $1.15 and its 200 day moving average price is $1.19. The company has a quick ratio of 0.11, a current ratio of 0.12 and a debt-to-equity ratio of 0.93. Loop Industries has a 1 year low of $0.85 and a 1 year high of $2.47. The stock has a market cap of $72.05 million, a price-to-earnings ratio of -2.70 and a beta of 1.77.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the business. Balboa Wealth Partners lifted its position in shares of Loop Industries by 50.5% during the 4th quarter. Balboa Wealth Partners now owns 76,124 shares of the financial services provider's stock valued at $91,000 after buying an additional 25,549 shares during the last quarter. Towneley Capital Management Inc DE purchased a new position in shares of Loop Industries during the 1st quarter valued at $78,000. 4WEALTH Advisors Inc. purchased a new position in shares of Loop Industries during the 4th quarter valued at $60,000. Millennium Management LLC purchased a new position in shares of Loop Industries during the 4th quarter valued at $41,000. Finally, Virtu Financial LLC purchased a new position in shares of Loop Industries during the 4th quarter valued at $33,000. 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.