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NVDA   393.27 (-1.11%)
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AMD   117.86 (-1.35%)
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MSFT   335.40 (+0.85%)
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GOOGL   124.67 (+0.77%)
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NVDA   393.27 (-1.11%)
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AMD   117.86 (-1.35%)
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F   12.38 (+2.23%)
MU   69.17 (+0.12%)
CGC   0.83 (-1.20%)
GE   105.79 (+1.07%)
DIS   90.77 (+2.46%)
AMC   4.56 (+0.00%)
PFE   38.35 (+0.87%)
PYPL   63.96 (+1.44%)
NFLX   400.47 (-0.66%)
QQQ   354.65 (+0.75%)
AAPL   180.95 (+0.48%)
MSFT   335.40 (+0.85%)
META   272.61 (+0.00%)
GOOGL   124.67 (+0.77%)
AMZN   124.25 (+1.21%)
TSLA   213.97 (+3.11%)
NVDA   393.27 (-1.11%)
NIO   7.56 (+0.27%)
BABA   84.26 (+1.52%)
AMD   117.86 (-1.35%)
T   15.21 (-3.86%)
F   12.38 (+2.23%)
MU   69.17 (+0.12%)
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GE   105.79 (+1.07%)
DIS   90.77 (+2.46%)
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NASDAQ:LOOP

Loop Industries (LOOP) Stock Forecast, Price & News

$3.03
-0.03 (-0.98%)
(As of 06/2/2023 ET)
Compare
Today's Range
$3.03
$3.11
50-Day Range
$2.52
$3.58
52-Week Range
$1.85
$7.23
Volume
15,772 shs
Average Volume
99,240 shs
Market Capitalization
$143.99 million
P/E Ratio
N/A
Dividend Yield
N/A
Price Target
$8.00

Loop Industries MarketRank™ Forecast

Analyst Rating
Moderate Buy
2.67 Rating Score
Upside/​Downside
164.0% Upside
$8.00 Price Target
Short Interest
Bearish
9.92% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.49mentions of Loop Industries in the last 14 days
Based on 4 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
Growing
From ($0.25) to ($0.19) Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

1.71 out of 5 stars

Business Services Sector

284th out of 339 stocks

Chemicals & Allied Products Industry

15th out of 16 stocks


LOOP stock logo

About Loop Industries (NASDAQ:LOOP) Stock

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; and polyester fibers comprising carpets and clothing for textile applications to consumer goods companies The company was founded by Daniel Solomita in March 2010 and is headquartered in Terrebonne, Canada.

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LOOP Stock News Headlines

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What If Today's Waste Could Be Tomorrow's Resource?
Loop Industries Appoints New Chief Financial Officer
See More Headlines

LOOP Price History

LOOP Company Calendar

Last Earnings
1/11/2022
Today
6/02/2023
Next Earnings (Estimated)
7/12/2023
Fiscal Year End
2/29/2024

Industry, Sector and Symbol

Industry
Chemicals & allied products
Sub-Industry
N/A
Current Symbol
NASDAQ:LOOP
Fax
N/A
Employees
84
Year Founded
2010

Price Target and Rating

Average Stock Price Forecast
$8.00
High Stock Price Forecast
$8.00
Low Stock Price Forecast
$8.00
Forecasted Upside/Downside
+158.9%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.67
Research Coverage
3 Analysts

Profitability

Net Income
$-21,300,000.00
Pretax Margin
-12,324.26%

Debt

Sales & Book Value

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

Miscellaneous

Free Float
23,856,000
Market Cap
$146.84 million
Optionable
Not Optionable
Beta
1.51

Social Links


Key Executives

  • Daniel Solomita
    Chairman, President & Chief Executive Officer
  • Fady Mansour
    Chief Financial Officer
  • Stephen Champagne
    Chief Technology Officer
  • Mike de Notaris
    Vice President-Corporate Development
  • Andrea Kostiuk
    Vice President-Marketing & Communications













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 "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 twelve-month target prices for Loop Industries' stock. Their LOOP share price forecasts range from $8.00 to $8.00. On average, they anticipate the company's stock price to reach $8.00 in the next twelve months. This suggests a possible upside of 158.9% 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 shares have increased by 29.3% and is now trading at $3.09.
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, July 12th 2023.
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, 11th. The financial services provider reported ($0.21) EPS for the quarter, missing analysts' consensus estimates of ($0.17) by $0.04.

What ETFs hold Loop Industries' stock?

ETFs with the largest weight of Loop Industries (NASDAQ:LOOP) stock in their portfolio include Carbon Collective Climate Solutions U.S. Equity ETF (CCSO).

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?
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 a number of retail and institutional investors. Top institutional shareholders include Candriam S.C.A. (0.87%), Mackenzie Financial Corp (0.13%), Balboa Wealth Partners (0.12%), Richelieu Gestion PLC (0.07%), Squarepoint Ops LLC (0.02%) and Group One Trading L.P. (0.00%). Insiders that own company stock include Laurence G Sellyn, Nelson Gentiletti and Yves Perron.
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 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 $3.09.

How much money does Loop Industries make?

Loop Industries (NASDAQ:LOOP) has a market capitalization of $146.84 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 ($0.45) 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 6/2/2023 by MarketBeat.com Staff

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