NASDAQ:LOOP Loop Industries (LOOP) Stock Forecast, Price & News $3.55 +0.04 (+1.14%) (As of 04:20 PM ET) Add Compare Share Share Today's Range$3.45▼$3.5850-Day Range$2.63▼$3.7552-Week Range$1.85▼$4.57Volume86,602 shsAverage Volume72,330 shsMarket Capitalization$168.70 millionP/E RatioN/ADividend YieldN/APrice Target$7.50 ProfileProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial MediaProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media Loop Industries MarketRank™ ForecastAnalyst RatingModerate Buy2.67 Rating ScoreUpside/Downside111.3% Upside$7.50 Price TargetShort InterestBearish9.35% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.35Based on 5 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.36) to ($0.23) Per ShareSee Full Details Hide Full Details Overall MarketRank™MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.1.70 out of 5 starsBusiness Services Sector274th out of 319 stocksChemicals & Allied Products Industry14th out of 15 stocks 3.3 Analyst's Opinion Consensus RatingLoop Industries has received a consensus rating of Moderate Buy. The company's average rating score is 2.67, and is based on 2 buy ratings, 1 hold rating, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $7.50, Loop Industries has a forecasted upside of 111.3% from its current price of $3.55.Amount of Analyst CoverageLoop Industries has only been the subject of 1 research reports in the past 90 days. Previous Next 0.0 Short Interest Percentage of Shares Shorted9.35% of the float of Loop Industries has been sold short.Short Interest Ratio / Days to CoverLoop Industries has a short interest ratio ("days to cover") of 49.2, which indicates bearish sentiment.Change versus previous monthShort interest in Loop Industries has recently increased by 0.58%, indicating that investor sentiment is decreasing. Previous Next 0.0 Dividend Strength Dividend YieldLoop Industries does not currently pay a dividend.Dividend GrowthLoop Industries does not have a long track record of dividend growth. Previous Next N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LOOP. Previous Next 2.4 News and Social Media Coverage News SentimentLoop Industries has a news sentiment score of 0.35. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.64 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 5 news articles for Loop Industries this week, compared to 2 articles on an average week.Search Interest1 people have searched for LOOP on MarketBeat in the last 30 days. Previous Next 1.7 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Loop Industries insiders have not sold or bought any company stock.Percentage Held by Insiders49.80% of the stock of Loop Industries is held by insiders. A high percentage of insider ownership can be a sign of company health.Percentage Held by InstitutionsOnly 4.84% of the stock of Loop Industries is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Loop Industries are expected to grow in the coming year, from ($0.36) to ($0.23) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Loop Industries is -16.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Earnings Ratio vs. SectorThe P/E ratio of Loop Industries is -16.14, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.Price to Book Value per Share RatioLoop Industries has a P/B Ratio of 5.00. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here About Loop Industries (NASDAQ:LOOP) StockLoop 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. Its polymerized monomers into virgin-quality PET resins for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, and containers for food and other consumer products; and polyester fibers, including textiles, clothing, and apparel. The company was incorporated in 2010 and is based in Terrebonne, Canada.Read More LOOP Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LOOP Stock News HeadlinesSeptember 29, 2023 | markets.businessinsider.comBumble (BMBL) Stock Pops 5% on Loop Capital UpgradeSeptember 27, 2023 | msn.comMarketmind: Doom loop momentum buildsSeptember 29, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...September 26, 2023 | americanbankingnews.comLoop Industries (NASDAQ:LOOP) Share Price Crosses Above 200 Day Moving Average of $3.02September 25, 2023 | finance.yahoo.comLoop-mediated Isothermal Amplification (LAMP) Market revenue to cross USD 180 Million by 2033, says Research NesterSeptember 22, 2023 | msn.comStarfield: Facts About Ryujin IndustriesSeptember 20, 2023 | msn.comShreveport pedestrian killed in I-49 collision identifiedSeptember 20, 2023 | msn.comAutomaker and supplier trial nylon recyclingSeptember 29, 2023 | Behind the Markets (Ad)Laser breakthrough could send stock soaring 2,467%Laser breakthrough could send stock soaring 2,476% Whenever the military develops a breakthrough technology, timely investors could see groundbreaking returns. General Dynamics returned 8,990%... Boeing soared 4,238%... L3Harris shot up 1,628%...September 18, 2023 | msn.comI-49 S in Shreveport closed due to crash involving pedestrianSeptember 18, 2023 | usatoday.comUnibio Converts Natural Gas to Protein, Helping Meet Protein Demands of Growing World PopulationSeptember 17, 2023 | msn.com(Yonhap Feature) 'Waste to resources': SK gets ball rolling in high-tech plastic recyclingSeptember 15, 2023 | msn.comPlan accordingly: These Valley freeways will be closed this weekendSeptember 14, 2023 | forbes.comTaking A More Strategic Approach To The 80/20 Rule In SoftwareSeptember 13, 2023 | msn.comUPM’s labels certified for industrial and home compostabilitySeptember 12, 2023 | finanznachrichten.deLoop Energy Inc: DP World Selects TYCROP and Loop Energy for Solution to Decarbonize RTG Cranes at Port of VancouverSeptember 8, 2023 | forbes.comApple Loop: iPhone 15 Pro Launch Dates Confirmed, iPhone 15 Delays, Apple’s Expensive China ProblemSeptember 3, 2023 | startribune.comThe North Loop — the long viewSeptember 1, 2023 | msn.comSmall fire in dust collector at commercial buildingAugust 31, 2023 | finance.yahoo.comLoop Industries to Participate at the BofA Securities 2023 Sustainability and Circular Materials Virtual ConferenceAugust 30, 2023 | finance.yahoo.comLoop Industries, Inc. (NASDAQ:LOOP): Are Analysts Optimistic?August 29, 2023 | msn.comSan Francisco Official Behind ‘Doom Loop’ Walking Tour Resigns After He’s Outed as Organizer: ReportsAugust 29, 2023 | theguardian.comA San Francisco official organized a ‘doom loop’ tour. It flopped in spectacular fashionAugust 28, 2023 | msn.comCity official behind 'SF doom loop' tour resigns after trying to claim it was 'satire'August 27, 2023 | msn.comS.F.’s Downtown Doom Loop tour was canceled. A positive event took its placeAugust 24, 2023 | msn.comTwo-alarm fire in Southeast Colorado SpringsAugust 23, 2023 | venturebeat.comPowerful tech is breaking boundaries in VFX film productionSee More Headlines Receive LOOP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Loop Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address LOOP Company Calendar Last Earnings7/12/2023Today9/29/2023Next Earnings (Estimated)10/11/2023Fiscal Year End2/29/2024Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ Industry Chemicals & allied products Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:LOOP CUSIPN/A CIK1504678 Webwww.loopindustries.com Phone(450) 951-8555FaxN/AEmployees73Year Founded2010Price Target and Rating Average Stock Price Forecast$7.50 High Stock Price Forecast$7.50 Low Stock Price Forecast$7.50 Forecasted Upside/Downside+114.3%Consensus RatingModerate Buy Rating Score (0-4)2.67 Research Coverage3 Analysts Profitability EPS (Most Recent Fiscal Year)($0.22) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-21,300,000.00 Net Margins-5,137.50% Pretax Margin-5,148.00% Return on Equity-68.55% Return on Assets-52.38% Debt Debt-to-Equity Ratio0.11 Current Ratio6.18 Quick Ratio6.01 Sales & Book Value Annual Sales$170,000.00 Price / Sales978.35 Cash FlowN/A Price / Cash FlowN/A Book Value$0.71 per share Price / Book4.93Miscellaneous Outstanding Shares47,520,000Free Float23,856,000Market Cap$166.32 million OptionableNot Optionable Beta1.52 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Daniel Solomita (Age 47)Founder, Chairman, CEO & Pres Comp: $582.46kMr. Stephen Champagne (Age 55)Chief Technology Officer Comp: $235.91kMr. Fady Mansour (Age 51)CFO, Principal Accounting Officer & Principal Financial Officer Andrea KostiukVP of Marketing & CommunicationsGiovanni CatinoVP of Sales & Bus. Devel.Mike De NotarisVP of Corp. Devel.More ExecutivesKey CompetitorsPerformant FinancialNASDAQ:PFMT374WaterNASDAQ:SCWOCoreCardNYSE:CCRDPFSwebNASDAQ:PFSWBit DigitalNASDAQ:BTBTView All CompetitorsInstitutional OwnershipCitadel Advisors LLCSold 1,200 shares on 8/15/2023Ownership: 0.000%Geode Capital Management LLCSold 14,456 shares on 8/11/2023Ownership: 0.456%Renaissance Technologies LLCBought 11,000 shares on 8/11/2023Ownership: 0.023%Balboa Wealth PartnersSold 8,075 shares on 8/8/2023Ownership: 0.102%Hexagon Capital Partners LLCBought 10,500 shares on 7/24/2023Ownership: 0.027%View All Institutional Transactions LOOP Stock - Frequently Asked Questions Should I buy or sell Loop Industries stock right now? 3 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Loop Industries in the last year. There are currently 1 hold rating and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" LOOP shares. View LOOP analyst ratings or view top-rated stocks. What is Loop Industries' stock price forecast for 2023? 3 equities research analysts have issued 1-year price targets for Loop Industries' shares. Their LOOP share price forecasts range from $7.50 to $7.50. On average, they expect the company's stock price to reach $7.50 in the next year. This suggests a possible upside of 114.3% from the stock's current price. View analysts price targets for LOOP or view top-rated stocks among Wall Street analysts. How have LOOP shares performed in 2023? Loop Industries' stock was trading at $2.39 at the beginning of 2023. Since then, LOOP stock has increased by 46.4% and is now trading at $3.50. View the best growth stocks for 2023 here. When is Loop Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, October 11th 2023. View our LOOP earnings forecast. How were Loop Industries' earnings last quarter? Loop Industries, Inc. (NASDAQ:LOOP) released its earnings results on Wednesday, July, 12th. The financial services provider reported ($0.15) earnings per share for the quarter, missing analysts' consensus estimates of ($0.11) by $0.04. The financial services provider had revenue of $0.03 million for the quarter. Loop Industries had a negative net margin of 5,137.50% and a negative trailing twelve-month return on equity of 68.55%. What is Steve Flavell & Michael Hughes' approval rating as Loop Industries' CEO? 52 employees have rated Loop Industries Chief Executive Officer Steve Flavell & Michael Hughes on Glassdoor.com. Steve Flavell & Michael Hughes has an approval rating of 81% among the company's employees. What other stocks do shareholders of Loop Industries own? Based on aggregate information from My MarketBeat watchlists, some companies that other Loop Industries investors own include Allena Pharmaceuticals (ALNA), Apollo Global Management (APO), Cognizant Technology Solutions (CTSH), Enphase Energy (ENPH), Alphabet (GOOG), International Business Machines (IBM), KeyCorp (KEY), Shopify (SHOP), Block (SQ) and Veeva Systems (VEEV). What is Loop Industries' stock symbol? Loop Industries trades on the NASDAQ under the ticker symbol "LOOP." How do I buy shares of Loop Industries? Shares of LOOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab. Compare Top Brokerages Here. What is Loop Industries' stock price today? One share of LOOP stock can currently be purchased for approximately $3.50. How much money does Loop Industries make? Loop Industries (NASDAQ:LOOP) has a market capitalization of $166.32 million and generates $170,000.00 in revenue each year. The financial services provider earns $-21,300,000.00 in net income (profit) each year or ($0.22) on an earnings per share basis. How can I contact Loop Industries? Loop Industries' mailing address is 480 FERNAND POITRAS, TERREBONNE A8, J6Y 1Y4. The official website for the company is www.loopindustries.com. The financial services provider can be reached via phone at (450) 951-8555 or via email at info@loopindustries.com. This page (NASDAQ:LOOP) was last updated on 9/29/2023 by MarketBeat.com Staff Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Adding Loop Industries, Inc. Please log in to your account or sign up in order to add this asset to your watchlist. 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