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.
Industry, Sector and Symbol
Industry Chemicals & allied products
Sub-IndustryN/A
SectorBusiness Services
Phone450-95-8555
Debt
Price-To-Earnings
Sales & Book Value
Annual SalesN/A
Profitability
Miscellaneous
Employees28
Next Earnings DateN/A
OptionableNot Optionable
Loop Industries (NASDAQ:LOOP) Frequently Asked Questions
What is Loop Industries' stock symbol?
Loop Industries trades on the NASDAQ under the ticker symbol "LOOP."
How were Loop Industries' earnings last quarter?
Loop Industries Inc (NASDAQ:LOOP) released its quarterly earnings data on Thursday, January, 9th. The financial services provider reported ($0.10) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by $0.01. View Loop Industries' Earnings History.
What price target have analysts set for LOOP?
2 brokerages have issued 1-year price objectives for Loop Industries' shares. Their forecasts range from $14.00 to $15.00. On average, they anticipate Loop Industries' stock price to reach $14.50 in the next twelve months. This suggests a possible upside of 43.8% from the stock's current price. View Analyst Price Targets for Loop Industries.
What is the consensus analysts' recommendation for 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.
What are Wall Street analysts saying about Loop Industries stock?
Here are some recent quotes from research analysts about Loop Industries stock:
- 1. According to Zacks Investment Research, "Loop Industries Inc. is a technology company. It created a revolutionary process which decouples plastic from fossil fuels, breaking down waste PET plastic to its base building blocks. Loop Industries Inc. is based in Los Angeles, United States. " (2/15/2020)
- 2. HC Wainwright analysts commented, "In addition to the Spartanburg facility, we expect the company to build at least one more JV facility, and at least two greenfield Waste-to-Resin (WtR) facilities, within the next three to five years." (7/12/2019)
Has Loop Industries been receiving favorable news coverage?
News articles about LOOP stock have been trending somewhat negative recently, according to InfoTrie. The research firm identifies positive and negative news coverage by monitoring more than six thousand blog and news sources in real time. The firm ranks coverage of publicly-traded companies on a scale of negative five to five, with scores closest to five being the most favorable. Loop Industries earned a daily sentiment score of -1.4 on InfoTrie's scale. They also assigned news headlines about the financial services provider a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View News Stories for Loop Industries.
Who are some of Loop Industries' key competitors?
What other stocks do shareholders of Loop Industries own?
Who are Loop Industries' key executives?
Loop Industries' management team includes the folowing 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)
Who are Loop Industries' major shareholders?
Loop Industries' stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Handelsbanken Fonder AB (1.18%), Geode Capital Management LLC (0.32%), Van ECK Associates Corp (0.17%), Charles Schwab Investment Management Inc. (0.15%), Handelsinvest Investeringsforvaltning (0.13%) and DekaBank Deutsche Girozentrale (0.13%). 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 buying Loop Industries stock?
LOOP stock was purchased by a variety of institutional investors in the last quarter, including Handelsbanken Fonder AB, DekaBank Deutsche Girozentrale, Handelsinvest Investeringsforvaltning, California Public Employees Retirement System, Van ECK Associates Corp, Geode Capital Management LLC, Renaissance Technologies LLC and Ladenburg Thalmann Financial Services Inc.. View Insider Buying and Selling 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 $10.08.
How big of a company is Loop Industries?
Loop Industries has a market capitalization of $395.44 million. The financial services provider earns $-17,540,000.00 in net income (profit) each year or ($0.39) on an earnings per share basis. Loop Industries employs 28 workers across the globe.View Additional Information About Loop Industries.
What is Loop Industries' official website?
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]
MarketBeat Community Rating for Loop Industries (NASDAQ LOOP)
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.
