S&P 500   3,821.35
DOW   31,802.44
QQQ   299.94
pixel
pixel
S&P 500   3,821.35
DOW   31,802.44
QQQ   299.94
pixel
pixel
S&P 500   3,821.35
DOW   31,802.44
QQQ   299.94
pixel
pixel
S&P 500   3,821.35
DOW   31,802.44
QQQ   299.94
pixel
pixel
Log in
NASDAQ:LOOP

Loop Industries Stock Forecast, Price & News

$7.96
-0.48 (-5.69 %)
(As of 03/8/2021 12:00 AM ET)
Add
Compare
Today's Range
$7.86
Now: $7.96
$8.60
50-Day Range
$8.32
MA: $10.30
$12.27
52-Week Range
$5.70
Now: $7.96
$13.96
Volume130,597 shs
Average Volume214,802 shs
Market Capitalization$337.62 million
P/E RatioN/A
Dividend YieldN/A
Beta1.19
Loop Industries, Inc. focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It polymerized monomers into virgin-quality PET plastic for use in food-grade plastic packaging, such as water and carbonated soft drinks bottles, and containers for food and other consumer products; and polyester fibers comprising carpets, clothing, and other polyester textile to consumer goods companies. The company is based in Terrebonne, Canada.
Loop Industries logo

Headlines

Loop Industries Announces CFO Transition
February 26, 2021 |  finance.yahoo.com
Loop Industries (LOOP) is Overbought: Is A Drop Coming?
January 28, 2021 |  finance.yahoo.com
DAVIDsTEA Reports Third Quarter Fiscal 2020 Financial Results
December 15, 2020 |  feeds.benzinga.com
See More Headlines

Industry, Sector and Symbol

Industry Chemicals & allied products
Sub-IndustryN/A
Current SymbolNASDAQ:LOOP
CUSIPN/A
Phone45-0951-8555
Employees61
Year FoundedN/A

Debt

Price-To-Earnings

Sales & Book Value

Annual SalesN/A
Book Value$0.98 per share

Profitability

Net Income$-14,510,000.00

Miscellaneous

Market Cap$337.62 million
Next Earnings Date5/4/2021 (Estimated)
OptionableNot Optionable

MarketRank

Overall MarketRank

1.41 out of 5 stars

Business Services Sector

124th out of 442 stocks

Chemicals & Allied Products Industry

16th out of 30 stocks

Analyst Opinion: 3.0Community Rank: 2.6Dividend Strength: 0.0Insider Behavior: 0.8Valuation: 0.6 5 -4 -3 -2 -1 -
$7.96
-0.48 (-5.69 %)
(As of 03/8/2021 12:00 AM 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.

speech bubbles
speech bubbles











Loop Industries (NASDAQ:LOOP) Frequently Asked Questions

Is Loop Industries a buy right now?

1 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Loop Industries in the last year. There are currently 1 hold rating for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" Loop Industries stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in LOOP, but not buy additional shares or sell existing shares.
View analyst ratings for Loop Industries
or view top-rated stocks.

What stocks does MarketBeat like better than Loop Industries?

Wall Street analysts have given Loop Industries a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Loop Industries wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Loop Industries?

Loop Industries saw a decline in short interest in January. As of January 29th, there was short interest totaling 1,770,000 shares, a decline of 22.4% from the January 14th total of 2,280,000 shares. Based on an average trading volume of 270,100 shares, the short-interest ratio is currently 6.6 days. Approximately 9.2% of the shares of the company are sold short.
View Loop Industries' Short Interest
.

When is Loop Industries' next earnings date?

Loop Industries is scheduled to release its next quarterly earnings announcement on Tuesday, May 4th 2021.
View our earnings forecast for Loop Industries
.

How were Loop Industries' earnings last quarter?

Loop Industries, Inc. (NASDAQ:LOOP) issued its quarterly earnings results on Wednesday, January, 13th. The financial services provider reported ($0.22) earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of ($0.11) by $0.12.
View Loop Industries' earnings history
.

How has Loop Industries' stock been impacted by Coronavirus?

Loop Industries' stock was trading at $8.54 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization (WHO). Since then, LOOP shares have decreased by 6.8% and is now trading at $7.96.
View which stocks have been most impacted by COVID-19
.

What price target have analysts set for LOOP?

1 equities research analysts have issued 1 year price objectives for Loop Industries' stock. Their forecasts range from $15.00 to $15.00. On average, they anticipate Loop Industries' share price to reach $15.00 in the next year. This suggests a possible upside of 88.4% from the stock's current price.
View analysts' price targets for Loop Industries
or view top-rated stocks among Wall Street analysts.

Who are Loop Industries' key executives?

Loop Industries' management team includes the following people:
  • Mr. Daniel Solomita, Founder, Chairman, CEO & Pres (Age 45, Pay $588.06k)
  • Mr. Nelson Gentiletti CPA, CA, COO, CFO, Treasurer & Sec. (Age 58, Pay $514.6k)
  • Mr. Michel Megelas, Chief Legal Officer & Sec. (Age 51, Pay $158.9k)
  • Mr. Stephen Champagne, Chief Technology Officer
  • Giovanni Catino, Head of Procurement & Bus. Devel.

What is Steve Flavell & Michael Hughes' approval rating as Loop Industries' CEO?

52 employees have rated Loop Industries CEO Steve Flavell & Michael Hughes on Glassdoor.com. Steve Flavell & Michael Hughes has an approval rating of 81% among Loop Industries' employees.

Who are some of Loop Industries' key competitors?

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 institutional and retail investors. Top institutional shareholders include Handelsbanken Fonder AB (5.12%), Creative Planning (3.65%), BlackRock Inc. (0.63%), Handelsinvest Investeringsforvaltning (0.42%), Comerica Bank (0.35%) and Candriam Luxembourg S.C.A. (0.24%). Company insiders that own Loop Industries stock include Daniel Solomita, Laurence G Sellyn, Nelson Gentiletti 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 DNB Asset Management AS, Scotia Capital Inc., Creative Planning, Candriam Luxembourg S.C.A., and BlackRock Inc..
View insider buying and selling activity for Loop Industries
or view top insider-selling stocks.

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, Beacon Pointe Advisors LLC, Handelsinvest Investeringsforvaltning, Comerica Bank, ExodusPoint Capital Management LP, Charles Schwab Investment Management Inc., and Northern Trust Corp. Company insiders that have bought Loop Industries stock in the last two years include Daniel Solomita, Laurence G Sellyn, and Nelson Gentiletti.
View insider buying and selling activity for Loop Industries
or or view top insider-buying stocks.

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 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 $7.96.

How much money does Loop Industries make?

Loop Industries has a market capitalization of $337.62 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.

How many employees does Loop Industries have?

Loop Industries employs 61 workers across the globe.

What is Loop Industries' official website?

The official website for Loop Industries is www.loopindustries.com.

Where are Loop Industries' headquarters?

Loop Industries is headquartered at 480 FERNAND POITRAS, TERREBONNE A8, J6Y 1Y4.

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 3/9/2021 by MarketBeat.com Staff

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.