NASDAQ:LOOPLoop Industries Stock Price, Forecast & News

$9.30

+0.44 (+4.97 %)

(As of 06/4/2020 08:59 AM ET)

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Today's Range

$9.03

Now: $9.30▼

$9.45

50-Day Range

$7.11

MA: $8.37▼

$9.55

52-Week Range

$6.05

Now: $9.30▼

$18.65

Volume42,699 shs

Average Volume40,094 shs

Market Capitalization$371.26 million

P/E RatioN/A

Dividend YieldN/A

Beta0.78

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.

Beat the Market (BTM) Rank^™

3.5 Analyst's Opinion

Consensus Rating
Loop Industries has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 2 buy ratings, no hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.50, Loop Industries has a potential upside of 55.9% from its current price of $9.30.
Amount of Analyst Coverage
Loop Industries has received no research coverage in the past 90 days.

2.6 Community Rank

Outperform Votes
Loop Industries has received 102 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Loop Industries has received 94 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Loop Industries has received 52.04% “outperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Loop Industries and other stocks. Vote “Outperform” if you believe LOOP will outperform the S&P 500 over the long term. Vote “Underperform” if you believe LOOP will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Loop Industries does not currently pay a dividend.
Dividend Growth
Loop Industries does not have a long track record of dividend growth.

1.0 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Loop Industries insiders have not sold or bought any company stock.
Percentage Held by Insiders
47.64% 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 Institutions
Only 9.63% of the stock of Loop Industries is held by institutions.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Loop Industries are expected to grow in the coming year, from ($0.41) to ($0.39) per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Loop Industries is -23.85, 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. Sector
The P/E ratio of Loop Industries is -23.85, 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 Ratio
Loop Industries has a P/B Ratio of 9.49. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Overall Beat the Market Rank^™

1.55 out of 5 stars

Industry, Sector and Symbol

Stock Exchange NASDAQ

Industry Chemicals & allied products

Sub-IndustryN/A

SectorBusiness Services

Current SymbolNASDAQ:LOOP

Previous Symbol

CUSIPN/A

CIK1504678

Webwww.loopindustries.com

Phone450-95-8555

Debt

Debt-to-Equity Ratio0.06

Current Ratio16.17

Quick Ratio16.17

Price-To-Earnings

Trailing P/E RatioN/A

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual SalesN/A

Price / SalesN/A

Cash FlowN/A

Price / Cash FlowN/A

Book Value$0.98 per share

Price / Book9.49

Profitability

EPS (Most Recent Fiscal Year)($0.38)

Net Income$-14,510,000.00

Net MarginsN/A

Return on Equity-48.00%

Return on Assets-39.40%

Miscellaneous

Employees28

Outstanding Shares39,920,000

Market Cap$371.26 million

Next Earnings Date7/13/2020 (Estimated)

OptionableNot Optionable

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Loop Industries (NASDAQ:LOOP) Frequently Asked Questions

How has Loop Industries' stock been impacted by COVID-19 (Coronavirus)?

Loop Industries' stock was trading at $8.54 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, LOOP shares have increased by 8.9% and is now trading at $9.30. View which stocks have been most impacted by Coronavirus.

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 Monday, July 13th 2020. View our earnings forecast for Loop Industries.

How were Loop Industries' earnings last quarter?

Loop Industries Inc (NASDAQ:LOOP) released its earnings results on Tuesday, May, 5th. The financial services provider reported ($0.09) earnings per share (EPS) for the quarter, hitting analysts' consensus estimates of ($0.09). View Loop Industries' earnings history.

What price target have analysts set for LOOP?

2 Wall Street analysts have issued 12 month price objectives for Loop Industries' shares. Their forecasts range from $14.00 to $15.00. On average, they expect Loop Industries' share price to reach $14.50 in the next year. This suggests a possible upside of 55.9% from the stock's current price. View analysts' price targets for Loop Industries.

Has Loop Industries been receiving favorable news coverage?

Media stories about LOOP stock have been trending somewhat negative on Thursday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive media coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Loop Industries earned a daily sentiment score of -1.0 on InfoTrie's scale. They also assigned media stories about the financial services provider a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an impact on the company's share price in the next few days. View the latest news aboutLoop Industries.

Who are some of Loop Industries' key competitors?

Some companies that are related to Loop Industries include Livent (LTHM), Hawkins (HWKN), Liquidmetal Technologies (LQMT), Gulf Resources (GURE) and Green Earth Technologies (GETG). View all 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 Allena Pharmaceuticals (ALNA), KeyCorp (KEY), NovaBay Pharmaceuticals (NBY), NovaBay Pharmaceuticals (NBY), Ring Energy (REI), Ring Energy (REI), British American Tobacco (BTI), Energy Transfer LP Unit (ET), Gilead Sciences (GILD) and Huntington Bancshares (HBAN).

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 shareholders include Creative Planning (4.02%), Handelsbanken Fonder AB (1.61%), BlackRock Inc. (0.85%), Geode Capital Management LLC (0.32%) and Morgan Stanley (0.07%). Company insiders that own Loop Industries stock include Daniel Solomita and Sidney Mortimer Horn. View institutional ownership trends for Loop Industries.

Which major investors are selling Loop Industries stock?

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

Which major investors are buying Loop Industries stock?

LOOP stock was bought by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, BlackRock Inc., Morgan Stanley, and Geode Capital Management LLC. 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 $9.30.

How big of a company is Loop Industries?

Loop Industries has a market capitalization of $371.26 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 450-95-8555 or via email at [email protected]

This page was last updated on 6/4/2020 by MarketBeat.com Staff