Log in

Loop Industries Stock Forecast, Price & News

-0.61 (-4.48 %)
(As of 09/18/2020 10:38 PM ET)
Today's Range
Now: $13.00
50-Day Range
MA: $11.00
52-Week Range
Now: $13.00
Volume251,000 shs
Average Volume57,630 shs
Market Capitalization$518.92 million
P/E RatioN/A
Dividend YieldN/A
Loop Industries, Inc. focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It re-polymerized monomers into virgin-quality PET plastic for use in food-grade plastic packaging, such as water and soda bottles, as well as polyester fibers for textile applications. The company was founded in 2014 and is based in Terrebonne, Canada.
Read More

Beat the Market (BTM) Rank

Analyst Opinion: 2.5Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.35 out of 5 stars

Industry, Sector and Symbol

Industry Chemicals & allied products
Current SymbolNASDAQ:LOOP



Sales & Book Value

Annual SalesN/A
Book Value$0.98 per share


Net Income$-14,510,000.00


Market Cap$518.92 million
Next Earnings Date10/13/2020 (Estimated)
OptionableNot Optionable
-0.61 (-4.48 %)
(As of 09/18/2020 10:38 PM ET)
30 days | 90 days | 365 days | Advanced Chart

Receive LOOP News and Ratings via Email

Sign-up to receive the latest news and ratings for LOOP and its competitors with MarketBeat's FREE daily newsletter.

speech bubbles
speech bubbles

Loop Industries (NASDAQ:LOOP) Frequently Asked Questions

How has Loop Industries' stock been impacted by Coronavirus?

Loop Industries' stock was trading at $8.54 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, LOOP stock has increased by 52.2% and is now trading at $13.00.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Loop Industries?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Loop Industries in the last year. There are currently 2 buy ratings for the stock, resulting in a consensus recommendation of "Buy."
View analyst ratings for Loop Industries

When is Loop Industries' next earnings date?

Loop Industries is scheduled to release its next quarterly earnings announcement on Tuesday, October 13th 2020.
View our earnings forecast for Loop Industries

How were Loop Industries' earnings last quarter?

Loop Industries Inc (NASDAQ:LOOP) posted its quarterly earnings results on Tuesday, July, 14th. The financial services provider reported ($0.10) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.10).
View Loop Industries' earnings history

What price target have analysts set for LOOP?

2 Wall Street analysts have issued 1-year price targets for Loop Industries' stock. Their forecasts range from $14.00 to $15.00. On average, they expect Loop Industries' stock price to reach $14.50 in the next twelve months. This suggests a possible upside of 11.5% from the stock's current price.
View analysts' price targets for Loop Industries

Who are some of Loop Industries' key competitors?

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 Alphabet (GOOG), IBM (IBM), Apollo Global Management (APO), Brookfield Renewable Partners (BEP), Cognizant Technology Solutions (CTSH), Enphase Energy (ENPH), Shopify (SHOP), Veeva Systems (VEEV), Accenture (ACN) and Adobe (ADBE).

Who are Loop Industries' key executives?

Loop Industries' management team includes the following people:
  • Mr. Daniel Solomita, Founder, Chairman, Pres & CEO (Age 43)
  • Mr. Nelson Gentiletti, COO & CFO
  • Mr. Donald L. Danks, Co-Founder (Age 62)
  • Giovanni Catino, Head of Procurement & Bus. Devel.
  • Mr. Nelson Switzer, Chief Growth Officer (Age 45)

What is Loop Industries' stock symbol?

Loop Industries trades on the NASDAQ under the ticker symbol "LOOP."

Who are Loop Industries' major shareholders?

Loop Industries' stock is owned by many different institutional and retail investors. Top institutional investors include Creative Planning (3.90%), Handelsbanken Fonder AB (1.53%), DekaBank Deutsche Girozentrale (0.30%), Candriam Luxembourg S.C.A. (0.22%), Charles Schwab Investment Management Inc. (0.17%) and Neuberger Berman Group LLC (0.05%). Company insiders that own Loop Industries stock include Daniel Solomita and Sidney Mortimer Horn.
View institutional ownership trends for Loop Industries

Which institutional investors are selling Loop Industries stock?

LOOP stock was sold by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, DekaBank Deutsche Girozentrale, and Creative Planning.
View insider buying and selling activity for Loop Industries

Which institutional investors are buying Loop Industries stock?

LOOP stock was bought by a variety of institutional investors in the last quarter, including Candriam Luxembourg S.C.A., Neuberger Berman Group LLC, Charles Schwab Investment Management Inc., and UBS Group AG.
View insider buying and selling activity for Loop Industries

How do I buy shares of Loop Industries?

Shares of LOOP can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Loop Industries' stock price today?

One share of LOOP stock can currently be purchased for approximately $13.00.

How big of a company is Loop Industries?

Loop Industries has a market capitalization of $518.92 million. The financial services provider earns $-14,510,000.00 in net income (profit) each year or ($0.38) on an earnings per share basis. Loop Industries employs 28 workers across the globe.

What is Loop Industries' official website?

The official website for Loop Industries is www.loopindustries.com.

How can I contact Loop Industries?

Loop Industries' mailing address is 480 FERNAND POITRAS, TERREBONNE A8, J6Y 1Y4. The financial services provider can be reached via phone at 45-0951-8555 or via email at [email protected]

This page was last updated on 9/21/2020 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.