Positive News SentimentPositive NewsNASDAQ:LOOP Loop Industries (LOOP) Stock Price, News & Analysis → Discover How to Turn $10,000 into $1 Million (From Paradigm Press) (Ad) Free LOOP Stock Alerts $2.42 -0.04 (-1.63%) (As of 06/14/2024 ET) Add Compare Share Share Today's Range$2.38▼$2.4850-Day Range$2.42▼$2.9552-Week Range$2.38▼$4.70Volume8,465 shsAverage Volume15,233 shsMarket Capitalization$115.05 millionP/E RatioN/ADividend YieldN/APrice Target$7.50 Stock AnalysisStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrendsStock AnalysisAnalyst ForecastsChartCompetitorsEarningsFinancialsHeadlinesInsider TradesOptions ChainOwnershipSEC FilingsShort InterestTrends Get Loop Industries alerts: Email Address Loop Industries MarketRank™ Stock AnalysisAnalyst RatingBuy3.00 Rating ScoreUpside/Downside209.9% Upside$7.50 Price TargetShort InterestBearish3.62% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews SentimentN/AInsider TradingN/AProj. Earnings GrowthGrowingFrom ($0.24) to ($0.03) 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.1.80 out of 5 starsBusiness Services Sector235th out of 307 stocksChemicals & Allied Products Industry13th out of 14 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.Read more about Loop Industries' stock forecast and price target. Previous Next 2.0 Short Interest Percentage of Shares Shorted3.62% 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 34.7, which indicates bearish sentiment.Change versus previous monthShort interest in Loop Industries has recently decreased by 0.03%, 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 2.7 News and Social Media Coverage News SentimentLoop Industries has a news sentiment score of 1.87. 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 higher news sentiment than the 0.89 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 1 news article for Loop Industries this week, compared to 2 articles on an average week.Search InterestOnly 1 people have searched for LOOP on MarketBeat in the last 30 days. This is a decrease of -50% 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.Read more about Loop Industries' insider trading history. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Loop Industries are expected to grow in the coming year, from ($0.24) to ($0.03) per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Loop Industries is -5.50, 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 -5.50, 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 8.07. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.Read more about Loop Industries' valuation and earnings. Previous Next See Top Rated MarketRank™ Stocks Here Ad GoldenCrest MetalsBiden’s Tax Plan Could Destroy Your Retirement Savings!Leading economists are issuing stark warnings: The anticipated capital gains tax increase under President Biden could drastically undermine your retirement plans by 2025.Learn More Today 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 HeadlinesMay 30, 2024 | investorplace.comLOOP Stock Earnings: Loop Industries Meets EPS, Beats Revenue for Q4 2024May 28, 2024 | forbes.comBJ’s Wholesale Club CIO Anjana Harve On Member-Centric ArchitectureMay 28, 2024 | msn.comA brief history of muscles and their meaningMay 28, 2024 | msn.comThe solution to the urban doom loop is right beneath our feetMay 28, 2024 | finance.yahoo.comLoop Industries to Hold Q4 and Full Fiscal Year 2024 Corporate Update Call May 30, 2024 at 8:30 AM ETMay 26, 2024 | finance.yahoo.comLoop Industries Inc (3L9.BE)May 23, 2024 | msn.comSky Industries reports impressive 71 per cent growth in EBITDA and 177 per cent growth in Net Profit for Q4FY24May 22, 2024 | msn.comSingapore industrial sales down 21% to 337 deals in Q1May 22, 2024 | msn.comMulti-million dollar industrial project to bring more jobs to Phoenix-area neighborsMay 21, 2024 | msn.comCoroner identifies teen girl killed in shooting off W. Bert KounsMay 21, 2024 | finance.yahoo.comLoop Industries Collaborates With On and Unveils Launch of the Cloudeasy Cyclon, a Shoe Manufactured With the Infinite Loop(TM) Fiber-To-Fiber Recycling TechnologyMay 20, 2024 | msn.com2 injured in parking lot shooting off Bert Kouns IndustrialMay 20, 2024 | msn.comShreveport police investigating after multiple women shotMay 9, 2024 | bizjournals.comViaWest grows industrial portfolio with warehouse near Loop 202; plus more Valley deals to knowMay 6, 2024 | msn.comLoop Teams With Ester to Establish India-Based Polyester Recycling PlantMay 1, 2024 | msn.comCable Loop Gripper for Robotic Automation in Chemistry LabsMay 1, 2024 | finance.yahoo.comLoop Industries, Inc. (LOOP)April 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)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 AugustApril 19, 2024 | bloomberg.comThe Trucking Business Is Caught in a Doom LoopSee 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 Earnings5/29/2024Today6/15/2024Next Earnings (Estimated)7/10/2024Fiscal 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+209.9%Consensus RatingBuy Rating Score (0-4)3.00 Research Coverage1 Analysts Profitability EPS (Most Recent Fiscal Year)($0.44) Trailing P/E RatioN/A Forward P/E RatioN/A P/E GrowthN/ANet Income$-21,090,000.00 Net Margins-13,859.87% Pretax Margin-13,782.35% Return on Equity-101.54% Return on Assets-76.80% Debt Debt-to-Equity Ratio0.23 Current Ratio3.30 Quick Ratio3.26 Sales & Book Value Annual Sales$150,000.00 Price / Sales766.98 Cash FlowN/A Price / Cash FlowN/A Book Value$0.30 per share Price / Book8.07Miscellaneous Outstanding Shares47,540,000Free Float23,865,000Market Cap$115.05 million OptionableOptionable Beta1.52 Social Links 5G Stocks: The Path Forward is ProfitableClick the link below and we'll send you MarketBeat's guide to investing in 5G and which 5G stocks show the most promise. 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 CompetitorsStandard LithiumNYSE:SLIGulf ResourcesNASDAQ:GUREPQ GroupNYSE:PQGGCP Applied TechnologiesNYSE:GCPLiventNYSE:LTHMView All Competitors LOOP Stock Analysis - Frequently Asked Questions Should I buy or sell Loop Industries stock right now? 1 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Loop Industries in the last twelve months. There are currently 1 buy rating for the stock. The consensus among Wall Street 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 research analysts have issued 12 month price targets for Loop Industries' shares. Their LOOP share price targets range from $7.50 to $7.50. On average, they expect the company's stock price to reach $7.50 in the next twelve months. This suggests a possible upside of 209.9% 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 at the start of the year. Since then, LOOP stock has decreased by 36.0% and is now trading at $2.42. View the best growth stocks for 2024 here. When is Loop Industries' next earnings date? The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 10th 2024. View our LOOP earnings forecast. How were Loop Industries' earnings last quarter? Loop Industries, Inc. (NASDAQ:LOOP) released its earnings results on Wednesday, May, 29th. The financial services provider reported ($0.10) earnings per share for the quarter, hitting the consensus estimate of ($0.10). The financial services provider earned $0.05 million during the quarter. Loop Industries had a negative net margin of 13,859.87% and a negative trailing twelve-month return on equity of 101.54%. 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 6/15/2024 by MarketBeat.com Staff From Our PartnersThe #1 Crypto That You Don’t Own… YetThere’s all kinds of “signals” to follow when investing in cryptos. 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