Loop Industries, Inc. (NASDAQ:LOOP - Free Report) - Roth Capital boosted their Q1 2026 earnings per share (EPS) estimates for Loop Industries in a report released on Monday, June 9th. Roth Capital analyst G. Sweeney now anticipates that the financial services provider will earn ($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 Stock Down 6.9%
NASDAQ LOOP traded down $0.12 during trading hours on Thursday, hitting $1.62. 180,526 shares of the company traded hands, compared to its average volume of 430,949. The business's 50-day moving average is $1.13 and its 200-day moving average is $1.20. Loop Industries has a twelve month low of $0.85 and a twelve month high of $2.54. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.11 and a current ratio of 0.12. The stock has a market capitalization of $77.30 million, a price-to-earnings ratio of -2.89 and a beta of 1.77.
Loop Industries (NASDAQ:LOOP - Get Free Report) last posted its quarterly earnings data on Thursday, May 29th. The financial services provider reported $0.14 earnings per share for the quarter, topping the consensus estimate of ($0.09) by $0.23. The company had revenue of $10.81 million during the quarter, compared to analysts' expectations of $0.03 million. Loop Industries had a negative return on equity of 350.30% and a negative net margin of 21,561.11%.
Institutional Inflows and Outflows
Several large investors have recently bought and sold shares of the stock. Balboa Wealth Partners boosted its position in Loop Industries by 50.5% during the fourth quarter. Balboa Wealth Partners now owns 76,124 shares of the financial services provider's stock valued at $91,000 after purchasing an additional 25,549 shares during the last quarter. Towneley Capital Management Inc DE acquired a new stake in shares of Loop Industries in the first quarter valued at approximately $78,000. 4WEALTH Advisors Inc. acquired a new stake in shares of Loop Industries in the fourth quarter valued at approximately $60,000. Millennium Management LLC acquired a new stake in shares of Loop Industries in the fourth quarter valued at approximately $41,000. Finally, Virtu Financial LLC acquired a new stake in shares of Loop Industries in the fourth quarter valued at approximately $33,000. 4.89% of the stock is owned by institutional investors and hedge funds.
Loop Industries Company Profile
(
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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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