Loop Industries - LOOP Stock Forecast, Price & News

2 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Loop Industries in the last twelve months. There are currently 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "buy" LOOP shares.
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2 Wall Street analysts have issued twelve-month price objectives for Loop Industries' stock. Their LOOP share price forecasts range from $19.00 to $23.00. On average, they expect the company's stock price to reach $21.00 in the next year. This suggests a possible upside of 190.5% from the stock's current price.
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Loop Industries' stock was trading at $12.27 on January 1st, 2022. Since then, LOOP shares have decreased by 41.1% and is now trading at $7.23.
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The company is scheduled to release its next quarterly earnings announcement on Friday, October 21st 2022.
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Loop Industries, Inc. (NASDAQ:LOOP) issued its quarterly earnings results on Wednesday, July, 13th. The financial services provider reported ($0.38) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.18) by $0.20.

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.

Based on aggregate information from My MarketBeat watchlists, some companies that other Loop Industries investors own include Allena Pharmaceuticals (ALNA), Apollo Global Management (APO), Cognizant Technology Solutions (CTSH), Enphase Energy (ENPH), Alphabet (GOOG), International Business Machines (IBM), KeyCorp (KEY), Shopify (SHOP), Block (SQ) and Veeva Systems (VEEV).

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

Loop Industries' stock is owned by a number of retail and institutional investors. Top institutional investors include Handelsbanken Fonder AB (5.33%), Candriam S.C.A. (0.40%), Mackenzie Financial Corp (0.13%), UBS Group AG (0.04%), Scotia Capital Inc. (0.03%) and Axxcess Wealth Management LLC (0.03%). Insiders that own company stock include Daniel Solomita, Laurence G Sellyn, Nelson Gentiletti and Yves Perron.
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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.
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One share of LOOP stock can currently be purchased for approximately $7.23.

Loop Industries (NASDAQ:LOOP) has a market capitalization of $342.71 million. The financial services provider earns $-44,920,000.00 in net income (profit) each year or ($1.08) on an earnings per share basis.

Loop Industries was founded in 2010.

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.