S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
S&P 500   5,137.08
DOW   39,087.38
QQQ   445.61
South Korean doctors hold massive anti-government rally over medical school recruitment plan
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Nobel laureate Muhammad Yunus is granted bail in a Bangladesh graft case
Chicago 'mansion' tax to fund homeless services stuck in legal limbo while on the ballot
This is the #1 Stock to Buy for the AI Tidal Wave (Ad)
Former Bank of Beijing chairman under investigation, part of China's crackdown on corruption
What to watch for as China's major political meeting of the year gets underway
Critical asset just had biggest fall on record (Ad)
Trader Joe's chicken soup dumplings recalled for possibly containing permanent marker plastic
Head Start preschools aim to fight poverty, but their teachers struggle to make ends meet
NASDAQ:LOOP

Loop Industries (LOOP) Stock Price, News & Analysis

$3.06
-0.08 (-2.55%)
(As of 03/1/2024 ET)
Today's Range
$3.01
$3.17
50-Day Range
$2.72
$3.92
52-Week Range
$1.85
$4.70
Volume
7,272 shs
Average Volume
18,828 shs
Market Capitalization
$145.44 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$7.50

Loop Industries MarketRank™ Stock Analysis

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
145.1% Upside
$7.50 Price Target
Short Interest
Bearish
6.49% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.62mentions of Loop Industries in the last 14 days
Based on 3 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.44) to ($0.24) Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

2.10 out of 5 stars

Business Services Sector

201st out of 315 stocks

Chemicals & Allied Products Industry

13th out of 17 stocks


LOOP stock logo

About Loop Industries Stock (NASDAQ:LOOP)

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. 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.

LOOP Stock Price History

LOOP Stock News Headlines

Levcor purchases Inner Loop industrial property
Loop Industries, Inc.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
This is the #1 Stock to Buy for the AI Tidal Wave
Marc Chaikin warned people about NVDA before its 2023 bull run - now he’s naming his next pick or the AI tidal wave. Learn more here.
Loop Industries Inc LOOP
See More Headlines
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Company Calendar

Last Earnings
1/16/2024
Today
3/03/2024
Next Earnings (Estimated)
5/16/2024
Fiscal Year End
2/28/2025

Industry, Sector and Symbol

Industry
Chemicals & allied products
Sub-Industry
N/A
Current Symbol
NASDAQ:LOOP
Fax
N/A
Employees
60
Year Founded
2010

Price Target and Rating

Average Stock Price Target
$7.50
High Stock Price Target
$7.50
Low Stock Price Target
$7.50
Potential Upside/Downside
+145.1%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
1 Analysts

Profitability

Net Income
$-21,300,000.00
Net Margins
-8,792.50%
Pretax Margin
-8,810.00%

Debt

Sales & Book Value

Annual Sales
$170,000.00
Book Value
$0.71 per share

Miscellaneous

Free Float
23,860,000
Market Cap
$145.44 million
Optionable
Optionable
Beta
1.42

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Key Executives

  • Mr. Daniel Solomita (Age 48)
    Founder, Chairman of the Board, CEO & President
    Comp: $582.46k
  • Mr. Stephen Champagne (Age 56)
    Chief Technology Officer
    Comp: $235.91k
  • Mr. Fady Mansour (Age 52)
    CFO, Principal Accounting Officer & Principal Financial Officer
  • Kevin C. O'Dowd
    Vice President of Communications & Investor Relations
  • Giovanni Catino
    Vice President of Sales & Business Development
  • Mike De Notaris
    Vice President of Corporate Development
  • Andrea Kostiuk
    Vice President of Marketing & Communications














LOOP Stock Analysis - Frequently Asked Questions

Should I buy or sell Loop Industries stock right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Loop Industries in the last year. There are currently 1 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LOOP shares.
View LOOP analyst ratings
or view top-rated stocks.

What is Loop Industries' stock price target for 2024?

1 equities research analysts have issued 12-month price targets for Loop Industries' stock. Their LOOP share price targets range from $7.50 to $7.50. On average, they expect the company's stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 145.1% 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 2024?

Loop Industries' stock was trading at $3.78 on January 1st, 2024. Since then, LOOP shares have decreased by 19.0% and is now trading at $3.06.
View the best growth stocks for 2024 here
.

When is Loop Industries' next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024.
View our LOOP earnings forecast
.

How were Loop Industries' earnings last quarter?

Loop Industries, Inc. (NASDAQ:LOOP) announced its quarterly earnings data on Tuesday, January, 16th. The financial services provider reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.07) by $0.02. The financial services provider earned $0.03 million during the quarter. Loop Industries had a negative trailing twelve-month return on equity of 80.06% and a negative net margin of 8,792.50%.

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?
Who are Loop Industries' major shareholders?

Loop Industries' stock is owned by a number of institutional and retail investors. Top institutional investors include Bridgeway Capital Management LLC (0.23%), Richelieu Gestion SA (0.10%), Williams & Novak LLC (0.02%), Citadel Advisors LLC (0.00%), Simplex Trading LLC (0.00%) and Concourse Financial Group Securities Inc. (0.00%).
View institutional ownership trends
.

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 Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:LOOP) was last updated on 3/3/2024 by MarketBeat.com Staff