NASDAQ:LOOP Loop Industries (LOOP) Stock Price, News & Analysis → #1 election stock (From Porter & Company) (Ad) Free LOOP Stock Alerts $2.79 -0.05 (-1.76%) (As of 05/1/2024 ET) Add Compare Share Share Today's Range$2.60▼$2.9750-Day Range$2.58▼$3.3552-Week Range$2.58▼$4.70Volume79,961 shsAverage Volume24,996 shsMarket Capitalization$132.61 millionP/E RatioN/ADividend YieldN/APrice Target$7.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial MediaStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestSocial Media Get Loop Industries alerts: Email Address Loop Industries MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside168.8% Upside$7.50 Price TargetShort InterestBearish4.14% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment0.00Based on 3 Articles This WeekInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.44) to ($0.24) Per ShareSee Full Details Hide Full Details Overall MarketRank™New Rank-Based ScoringMarketRank™ is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.1.99 out of 5 starsBusiness Services Sector216th out of 310 stocksChemicals & Allied Products Industry11th out of 13 stocks 3.5 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 1 buy rating, no hold ratings, and no sell ratings.Amount of Analyst CoverageLoop Industries has received no research coverage in the past 90 days. Previous Next 2.0 Short Interest Percentage of Shares Shorted4.14% of the float of Loop Industries has been sold short.Short Interest Ratio / Days to CoverLoop Industries has a short interest ratio ("days to cover") of 29.5, which indicates bearish sentiment.Change versus previous monthShort interest in Loop Industries has recently decreased by 3.68%, indicating that investor sentiment is improving. 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 N/A Sustainability and ESG Overall ESG (Environmental, Social, and Governance) ScoreThere is no current Upright™ data available for LOOP. Previous Next 2.2 News and Social Media Coverage News SentimentLoop Industries has a news sentiment score of 0.00. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.35 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 3 news articles for Loop Industries this week, compared to 2 articles on an average week.Search Interest2 people have searched for LOOP on MarketBeat in the last 30 days. This is an increase of 100% compared to the previous 30 days. Previous Next 1.7 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 Insiders49.80% 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 4.89% 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 ($0.44) to ($0.24) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Loop Industries is -12.13, 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 -12.13, 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 3.93. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next See Top Rated MarketRank™ Stocks Here Ad True Market InsidersThe “Next Bitcoin”? 10 CENT Crypto Set to ExplodeThe man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…Click For My #1 FREE Crypto for 2024 About Loop Industries Stock (NASDAQ:LOOP)Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate PET plastics and polyester fibers, including plastic bottles, packaging, carpets and textiles of any color, transparency and even ocean plastics that have been degraded by the sun and salt, to its base building blocks. Its polymerized monomers into virgin-quality PET resins for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, and containers for food and other consumer products; and polyester fibers, including textiles, clothing, and apparel. The company was incorporated in 2010 and is based in Terrebonne, Canada.Read More LOOP Stock Price History View Price History Chart DataSkip Price History Chart 30 days | 90 days | 365 days | Advanced Chart LOOP Stock News HeadlinesApril 28, 2024 | news.yahoo.comDetroit's 'doom loop' was unlike any other American city. Its downtown is now a model for urban reinvention.April 26, 2024 | theglobeandmail.comClosing Bell: Loop Energy Inc up on Thursday (LPEN)May 1, 2024 | True Market Insiders (Ad)The “Next Bitcoin”? 10 CENT Crypto Set to ExplodeThe man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…April 26, 2024 | finance.yahoo.comQ3 2024 Applied Industrial Technologies Inc Earnings CallApril 21, 2024 | msn.comIn Tech Mecca, the Trains Run on Floppy DisksApril 21, 2024 | msn.com3 ways to leverage LinkedIn for your job search, according to a recruiter with 26 years of experienceApril 21, 2024 | msn.comSecond-life EV batteries roped into energy storageApril 19, 2024 | msn.comWhy Super Micro’s stock is tumbling toward its worst day since AugustMay 1, 2024 | True Market Insiders (Ad)The “Next Bitcoin”? 10 CENT Crypto Set to ExplodeThe man who bought Bitcoin and Ethereum in 2017… and has spotted 44 different coins that have returned over 100%... Is now exposing a 10-cent coin that just partnered with Amazon…April 19, 2024 | bloomberg.comThe Trucking Business Is Caught in a Doom LoopApril 19, 2024 | forbes.comNew Research Sheds Light On How Compostable Packaging Breaks DownApril 17, 2024 | startribune.comLight rail project encounters new obstacle in Minneapolis' North Loop: Major utility linesApril 17, 2024 | msn.comSandbox Escapades: Top 15 Games for Endless ExplorationApril 17, 2024 | bizjournals.comArizona homebuilders oppose business park proposal by industrial giantApril 15, 2024 | msn.comFashion, textile industries urged to divest from synthetic materialsApril 15, 2024 | msn.comMoved far from the city during Covid? Pray you don’t lose your jobApril 13, 2024 | yahoo.comPopular Frozen Cheese Pizzas, Ranked Worst To BestApril 12, 2024 | yahoo.comTrent Reznor and Atticus Ross’ Challengers [Mixed] Might Be Their Most Fun OST — Thanks to Boys Noize: ReviewApril 11, 2024 | msn.comAmerica Is Sick of SwipingApril 11, 2024 | msn.comThe Best Brunch Restaurants In The West LoopApril 10, 2024 | msn.comPickleball courts planned along Loop 820 in this fast-growing part of Tarrant CountyApril 10, 2024 | forbes.comBeyond Misconceptions Of The Green Agenda: Advice For Leaders In CleantechApril 9, 2024 | finance.yahoo.comInsiders own 33% of Loop Industries, Inc. (NASDAQ:LOOP) shares but retail investors control 44% of the companyApril 9, 2024 | investorplace.com3 Stocks to Buy at Bargain-Basement Prices Before They SoarApril 8, 2024 | forbes.comNavigating Career Pivots With The Clarity-Action LoopApril 8, 2024 | finance.yahoo.comIndustrial Control Systems (ICS) Security Market Size is projected to reach USD 26.43 billion by 2030, growing at a CAGR of 6.9%: Straits ResearchApril 7, 2024 | msn.comTwo injured in early morning house fire in ShreveportSee More Headlines Receive LOOP Stock News and Ratings via Email Sign-up to receive the latest news and ratings for Loop Industries and its competitors with MarketBeat's FREE daily newsletter. Email Address Company Calendar Last Earnings10/16/2023Today5/01/2024Next Earnings (Estimated)5/16/2024Fiscal Year End2/28/2025Get Stock AlertsIndustry, Sector and Symbol Stock ExchangeNASDAQ SectorBusiness Services Industry Chemicals & allied products Sub-IndustryN/A Current SymbolNASDAQ:LOOP CUSIPN/A CIK1504678 Webwww.loopindustries.com Phone(450) 951-8555FaxN/AEmployees60Year Founded2010Price Target and Rating Average Stock Price Target$7.50 High Stock Price Target$7.50 Low Stock Price Target$7.50 Potential Upside/Downside+168.8%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.23) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-21,300,000.00 Net Margins-8,792.50% Pretax Margin-8,810.00% Return on Equity-80.06% Return on Assets-63.30% Debt Debt-to-Equity Ratio0.15 Current Ratio6.74 Quick Ratio6.44 Sales & Book Value Annual Sales$170,000.00 Price / Sales780.05 Cash FlowN/A Price / Cash FlowN/A Book Value$0.71 per share Price / Book3.93Miscellaneous Outstanding Shares47,530,000Free Float23,860,000Market Cap$132.61 million OptionableOptionable Beta1.41 Social Links 7 Energy Stocks to Buy and Hold ForeverDo you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.Get This Free Report Key ExecutivesMr. Daniel Solomita (Age 48)Founder, Chairman of the Board, CEO & President Comp: $582.46kMr. Stephen Champagne (Age 56)Chief Technology Officer Comp: $235.91kMr. Fady Mansour (Age 52)CFO, Principal Accounting Officer & Principal Financial Officer Kevin C. O'DowdVice President of Communications & Investor RelationsGiovanni CatinoVice President of Sales & Business DevelopmentMike De NotarisVice President of Corporate DevelopmentAndrea KostiukVice President of Marketing & CommunicationsMore ExecutivesKey CompetitorsAstroNovaNASDAQ:ALOTFreightosNASDAQ:CRGOArbe RoboticsNASDAQ:ARBEMicrovastNASDAQ:MVSTVeritoneNASDAQ:VERIView All CompetitorsInstitutional OwnershipSimplex Trading LLCBought 1,200 shares on 2/2/2024Ownership: 0.000%View All Institutional Transactions LOOP Stock Analysis - Frequently Asked Questions Should I buy or sell Loop Industries stock 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 buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" LOOP shares. View LOOP analyst ratings or view top-rated stocks. What is Loop Industries' stock price target for 2024? 1 Wall Street analysts have issued 12 month price targets for Loop Industries' stock. Their LOOP share price targets range from $7.50 to $7.50. On average, they predict the company's stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 168.8% from the stock's current price. View analysts price targets for LOOP or view top-rated stocks among Wall Street analysts. How have LOOP shares performed in 2024? Loop Industries' stock was trading at $3.78 on January 1st, 2024. Since then, LOOP shares have decreased by 26.2% and is now trading at $2.79. View the best growth stocks for 2024 here. Are investors shorting Loop Industries? Loop Industries saw a drop in short interest during the month of March. As of March 31st, there was short interest totaling 801,300 shares, a drop of 33.2% from the March 15th total of 1,200,000 shares. Based on an average trading volume of 27,900 shares, the days-to-cover ratio is currently 28.7 days. Currently, 4.3% of the shares of the stock are sold short. View Loop Industries' Short Interest. When is Loop Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Thursday, May 16th 2024. View our LOOP earnings forecast. How were Loop Industries' earnings last quarter? Loop Industries, Inc. (NASDAQ:LOOP) announced its earnings results on Monday, October, 16th. The financial services provider reported ($0.10) earnings per share (EPS) for the quarter, beating analysts' consensus estimates of ($0.11) by $0.01. The financial services provider earned $0.05 million during the quarter. Loop Industries had a negative trailing twelve-month return on equity of 80.06% and a negative net margin of 8,792.50%. What is Steve Flavell & Michael Hughes' approval rating as Loop Industries' CEO? 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. 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 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). How do I buy shares of Loop Industries? Shares of LOOP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services. Compare Top Brokerages Here. This page (NASDAQ:LOOP) was last updated on 5/1/2024 by MarketBeat.com Staff From Our PartnersHave You Seen Elon’s New A.I. Device? (Picture Inside)InvestorPlace😱 This phenomenon is smashing regular market gainsMillPubDid You Get Your Free Bitcoin Yet?Crypto Swap ProfitsPOTUS in ‘25 Not Biden/Trump, ButThe Freeport SocietyAI “wealth window” is closing June 25thParadigm PressForget AI, Imperium Is Expected to Grow 320,00% in 3 YearsBanyan Hill PublishingA.I. is a Tidal Wave - Here’s What to BuyChaikin AnalyticsTrump just won 2024Porter & Company Adding Choose a watchlist: Watchlist Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat All Access 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. Get 30 Days of MarketBeat All Access Free 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 from 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 30-Day Free Trial Sign in to your free account to enjoy these benefits In-depth profiles and analysis for 20,000 public companies. Real-time analyst ratings, insider transactions, earnings data, and more. Our daily ratings and market update email newsletter. Sign in to your free account to enjoy all that MarketBeat has to offer. Sign In Create Account Your Email Address: Email Address Required Your Password: Password Required or Sign in with Facebook Sign in with Google Forgot your password? Your Email Address: Please enter your email address. Please enter a valid email address Choose a Password: Please enter your password. Your password must be at least 8 characters long and contain at least 1 number, 1 letter, and 1 special character. Create My Account (Free) or Sign in with Facebook Sign in with Google By creating a free account, you agree to our terms of service. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
