NASDAQ:LOOP Loop Industries Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Loop Industries Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $12.81 0.00 (0.00 %) (As of 09/22/2020 04:30 PM ET) Add Compare Share Today's Range$12.74Now: $12.81▼$12.9850-Day Range$10.15MA: $11.17▼$13.7752-Week Range$6.05Now: $12.81▼$18.65Volume116,394 shsAverage Volume58,527 shsMarket Capitalization$511.34 millionP/E RatioN/ADividend YieldN/ABeta0.86 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesSEC FilingsShort InterestSocial Media 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™ 2.5 Analyst's Opinion Consensus RatingLoop 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/DownsideAccording to analysts' consensus price target of $14.50, Loop Industries has a forecasted upside of 13.0% from its current price of $12.83.Amount of Analyst CoverageLoop Industries has only been the subject of 1 research reports in the past 90 days. Previous Next 2.6 Community Rank Outperform VotesLoop Industries has received 109 “outperform” votes. (Add your “outperform” vote.)Underperform VotesLoop Industries has received 100 “underperform” votes. (Add your “underperform” vote.)Community SentimentLoop Industries has received 52.15% “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. Previous Next 0.0 Dividend Strength Dividend YieldLoop Industries does not currently pay a dividend.Dividend GrowthLoop Industries does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Loop Industries insiders have not sold or bought any company stock.Percentage Held by Insiders47.64% 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 InstitutionsOnly 10.03% of the stock of Loop Industries is held by institutions. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings 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 MarketThe P/E ratio of Loop Industries is -33.76, 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. SectorThe P/E ratio of Loop Industries is -33.76, 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 RatioLoop Industries has a P/B Ratio of 13.09. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next 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 Stock Exchange NASDAQ Industry Chemicals & allied products Sub-IndustryN/A SectorBusiness Services Current SymbolNASDAQ:LOOP Previous Symbol CUSIPN/A CIK1504678 Webwww.loopindustries.com Phone45-0951-8555Debt Debt-to-Equity Ratio0.06 Current Ratio20.53 Quick Ratio20.53Price-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 / Book13.07Profitability EPS (Most Recent Fiscal Year)($0.38) Net Income$-14,510,000.00 Net MarginsN/A Return on Equity-39.60% Return on Assets-34.47%Miscellaneous Employees28 Outstanding Shares39,917,000Market Cap$511.34 million Next Earnings Date10/13/2020 (Estimated) OptionableNot Optionable $12.81 0.00 (0.00 %) (As of 09/22/2020 04:30 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. Loop Industries (NASDAQ:LOOP) Frequently Asked Questions How has Loop Industries' stock price been impacted by Coronavirus (COVID-19)? 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 stock has increased by 50.0% and is now trading at $12.81. 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) announced its earnings results on Tuesday, July, 14th. The financial services provider reported ($0.10) EPS for the quarter, meeting the Thomson Reuters' consensus estimate of ($0.10). View Loop Industries' earnings history. What price target have analysts set for LOOP? 2 analysts have issued 1-year target prices for Loop Industries' stock. 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 13.2% from the stock's current price. View analysts' price targets for Loop Industries. Who are some of Loop Industries' key competitors? Some companies that are related to Loop Industries include Olin (OLN), Innospec (IOSP), GCP Applied Technologies (GCP), PQ Group (PQG), Livent (LTHM), Hawkins (HWKN), Liquidmetal Technologies (LQMT), Gulf Resources (GURE), ESP Resources (ESPIQ), Green Earth Technologies (GETG) and Isonics (ISON). 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 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 & CFOMr. 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 (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 major 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 major investors are buying Loop Industries stock? LOOP stock was acquired 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 $12.81. How big of a company is Loop Industries? Loop Industries has a market capitalization of $511.34 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 9/22/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio. Stock Ideas and Recommendations Get daily stock ideas top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report. Advanced Stock Screeners and Research Tools Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis. Start Your Risk-Free Trial Subscription Here Questions? Get Started with MarketBeat — Read Your Daily NewsletterCheck Out My MarketBeatWatch Our Tutorial VideosAdd a Stock to Your WatchlistSet Up an Instant AlertView a Company's Profile PageView Our Financial CalendarsView Today's Analyst Ratings
