Loop Industries (LOOP) Competitors

$2.75
+0.07 (+2.61%)
(As of 04/23/2024 ET)

LOOP vs. MTC, VCSA, BKKT, ARRW, RMGC, AIXI, BTBT, RCMT, AMPX, and ZTEK

Should you be buying Loop Industries stock or one of its competitors? The main competitors of Loop Industries include MMTec (MTC), Vacasa (VCSA), Bakkt (BKKT), Arrowroot Acquisition (ARRW), RMG Acquisition Corp. III (RMGC), Xiao-I (AIXI), Bit Digital (BTBT), RCM Technologies (RCMT), Amprius Technologies (AMPX), and Zentek (ZTEK). These companies are all part of the "business services" sector.

Loop Industries vs.

Loop Industries (NASDAQ:LOOP) and MMTec (NASDAQ:MTC) are both small-cap business services companies, but which is the better business? We will compare the two businesses based on the strength of their analyst recommendations, dividends, valuation, risk, profitability, media sentiment, community ranking, institutional ownership and earnings.

Loop Industries presently has a consensus price target of $7.50, indicating a potential upside of 172.73%. Given Loop Industries' higher possible upside, analysts clearly believe Loop Industries is more favorable than MMTec.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Loop Industries
0 Sell rating(s)
0 Hold rating(s)
1 Buy rating(s)
0 Strong Buy rating(s)
3.00
MMTec
0 Sell rating(s)
0 Hold rating(s)
0 Buy rating(s)
0 Strong Buy rating(s)
N/A

In the previous week, Loop Industries had 8 more articles in the media than MMTec. MarketBeat recorded 9 mentions for Loop Industries and 1 mentions for MMTec. MMTec's average media sentiment score of 0.59 beat Loop Industries' score of 0.01 indicating that MMTec is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Loop Industries
0 Very Positive mention(s)
2 Positive mention(s)
4 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Neutral
MMTec
0 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

MMTec has a net margin of 0.00% compared to Loop Industries' net margin of -8,792.50%. MMTec's return on equity of 0.00% beat Loop Industries' return on equity.

Company Net Margins Return on Equity Return on Assets
Loop Industries-8,792.50% -80.06% -63.30%
MMTec N/A N/A N/A

4.9% of Loop Industries shares are owned by institutional investors. Comparatively, 0.3% of MMTec shares are owned by institutional investors. 49.8% of Loop Industries shares are owned by company insiders. Comparatively, 12.8% of MMTec shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

MMTec has higher revenue and earnings than Loop Industries.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Loop Industries$120.84K1,081.65-$21.30M-$0.23-11.96
MMTec$1.10M173.38-$5.64MN/AN/A

Loop Industries received 63 more outperform votes than MMTec when rated by MarketBeat users. Likewise, 66.85% of users gave Loop Industries an outperform vote while only 60.61% of users gave MMTec an outperform vote.

CompanyUnderperformOutperform
Loop IndustriesOutperform Votes
123
66.85%
Underperform Votes
61
33.15%
MMTecOutperform Votes
60
60.61%
Underperform Votes
39
39.39%

Loop Industries has a beta of 1.41, meaning that its stock price is 41% more volatile than the S&P 500. Comparatively, MMTec has a beta of 2.05, meaning that its stock price is 105% more volatile than the S&P 500.

Summary

Loop Industries beats MMTec on 8 of the 15 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding LOOP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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LOOP vs. The Competition

MetricLoop IndustriesChemicals & allied products IndustryBusiness SectorNASDAQ Exchange
Market Cap$127.38M$7.04B$6.36B$7.47B
Dividend YieldN/A2.48%3.17%3.98%
P/E Ratio-11.9632.0833.8519.39
Price / Sales1,081.6568.832,531.4789.70
Price / CashN/A8.5922.2128.59
Price / Book3.872.044.584.31
Net Income-$21.30M$231.61M$120.81M$213.83M
7 Day Performance2.65%1.49%2.27%1.35%
1 Month Performance1.10%0.35%-4.18%-4.08%
1 Year Performance-8.94%-2.80%13.40%7.92%

Loop Industries Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
MTC
MMTec
0 of 5 stars
$1.58
+0.6%
N/A+152.8%$134.52M$1.10M0.0057News Coverage
Gap Up
VCSA
Vacasa
0.96 of 5 stars
$6.00
+0.8%
$11.67
+94.4%
-57.3%$134.34M$1.12B-0.256,400Analyst Report
News Coverage
BKKT
Bakkt
1.5819 of 5 stars
$0.41
-6.8%
$0.53
+27.0%
-71.0%$132.95M$780.10M-0.491,037Stock Split
Gap Down
ARRW
Arrowroot Acquisition
3.3311 of 5 stars
$17.35
+39.8%
$18.00
+3.7%
-2.7%$142.27MN/A0.002Positive News
Gap Up
RMGC
RMG Acquisition Corp. III
0 of 5 stars
$9.98
flat
N/A-0.8%$126.85MN/A0.00N/APositive News
AIXI
Xiao-I
0.1527 of 5 stars
$1.48
-7.5%
N/A-75.1%$123.06M$48.19M0.00352Upcoming Earnings
News Coverage
Positive News
Gap Down
BTBT
Bit Digital
2.9316 of 5 stars
$1.82
-3.2%
$5.50
+202.2%
+24.0%$150.11M$44.92M-11.3824
RCMT
RCM Technologies
3.8627 of 5 stars
$19.16
+0.5%
$27.50
+43.5%
+58.0%$152.13M$263.24M9.633,490Positive News
AMPX
Amprius Technologies
1.9259 of 5 stars
$1.68
-5.6%
$11.60
+590.5%
-81.6%$153.89M$9.05M-3.9180
ZTEK
Zentek
0 of 5 stars
$1.13
-1.7%
N/A-27.7%$113.93M$50,000.00-16.1429News Coverage
Positive News

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This page (NASDAQ:LOOP) was last updated on 4/24/2024 by MarketBeat.com Staff

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