NASDAQ:LOOP Loop Industries (LOOP) Stock Price, News & Analysis → Biden’s $374B Giveaway Into This Sector (From DTI) (Ad) Free LOOP Stock Alerts $2.58 -0.08 (-3.01%) (As of 04/19/2024 ET) Add Compare Share Share Today's Range$2.58▼$2.7150-Day Range$2.58▼$3.3552-Week Range$2.58▼$4.70Volume16,656 shsAverage Volume32,918 shsMarket Capitalization$122.63 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/Downside190.7% Upside$7.50 Price TargetShort InterestHealthy4.30% of Float Sold ShortDividend StrengthN/ASustainabilityN/ANews Sentiment-0.13Based on 9 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.1.98 out of 5 starsBusiness Services Sector194th out of 305 stocksChemicals & Allied Products Industry12th out of 16 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 3.0 Short Interest Percentage of Shares Shorted4.30% 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 28.7, which indicates bearish sentiment.Change versus previous monthShort interest in Loop Industries has recently decreased by 33.23%, indicating that investor sentiment is improving significantly. 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 1.6 News and Social Media Coverage News SentimentLoop Industries has a news sentiment score of -0.13. 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 0.49 average news sentiment score of Business Services companies.News Coverage This WeekMarketBeat has tracked 9 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 -11.22, 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 -11.22, 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 3.63. 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 Crypto 101 MediaSHOCKING Crypto Leak…A shocking leak has revealed tech giant Microsoft's plans to add crypto support to future products. If the plans in these leaked internal documents pan out, we could see prices skyrocket for Bitcoin, Ethereum, XRP and MORE… The coupling of gaming and cryptocurrency could absolutely transform digital finance as we know it in 2024. Claim your free seat by clicking here now. 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 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 LoopApril 20, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereApril 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 20, 2024 | DTI (Ad)Biden’s $374B Giveaway Into This SectorBiden’s Climate Bill Could Send Your Retirement Accounts Soaring – Or Diving See what this $374B giveaway could mean for your retirement right hereApril 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 ShreveportApril 6, 2024 | msn.comStorage unit fire destroys shed on W Bert Kouns Industrial LoopApril 5, 2024 | msn.comIs the doom loop over? Downtown San Francisco showing signs of economic rebound, experts sayApril 5, 2024 | msn.comCNBC Daily Open: Safe havens in vogueApril 5, 2024 | msn.comUnder fire for homelessness plans, Gloria shifts gears to propose 1,000-bed shelter in empty warehouseApril 5, 2024 | chicago.suntimes.com‘Chicago Fire’ stunt featuring car crashed into West Loop building goes viral on social mediaApril 3, 2024 | chicago.suntimes.comJanitors union rally in Loop for better pay as contract deadline loomsSee 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 Earnings10/16/2023Today4/19/2024Next 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+190.7%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 / Sales721.34 Cash FlowN/A Price / Cash FlowN/A Book Value$0.71 per share Price / Book3.63Miscellaneous Outstanding Shares47,530,000Free Float23,860,000Market Cap$122.63 million OptionableOptionable Beta1.41 Social Links 13 Stocks Institutional Investors Won't Stop BuyingWhich stocks are major institutional investors including hedge funds and endowments buying in today's market? Click the link below and we'll send you MarketBeat's list of thirteen stocks that institutional investors are buying up as quickly as they can.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 CompetitorsMMTecNASDAQ:MTCVacasaNASDAQ:VCSABakktNYSE:BKKTArrowroot AcquisitionNASDAQ:ARRWU-BX TechnologyNASDAQ:UBXGView All CompetitorsInstitutional OwnershipBridgeway Capital Management LLCBought 7,900 shares on 2/15/2024Ownership: 0.226%Citadel Advisors LLCBought 9,700 shares on 2/15/2024Ownership: 0.000%Simplex Trading LLCBought 1,200 shares on 2/2/2024Ownership: 0.000%Williams & Novak LLCBought 10,000 shares on 1/26/2024Ownership: 0.021%View All Institutional Transactions 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 year. 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 brokerages have issued twelve-month price objectives for Loop Industries' stock. Their LOOP share price targets range from $7.50 to $7.50. On average, they expect the company's share price to reach $7.50 in the next twelve months. This suggests a possible upside of 190.7% 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 beginning of the year. Since then, LOOP shares have decreased by 31.7% and is now trading at $2.58. View the best growth stocks for 2024 here. Are investors shorting Loop Industries? Loop Industries saw a drop in short interest in 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 company 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) released its quarterly earnings results on Monday, October, 16th. The financial services provider reported ($0.10) earnings per share for the quarter, topping 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 4/20/2024 by MarketBeat.com Staff From Our PartnersThe “Perfect Storm” for GoldGold Safe ExchangeBiden’s $374B Giveaway Into This SectorDTISHOCKING Crypto Leak…Crypto 101 MediaTiny Biotech Stock Wins $75 Billion PatentBehind the MarketsMy biggest AI fearParadigm PressIs AI Energy Really 4 Million Times More Powerful Than Oil? (Surprising Answer)Banyan Hill PublishingBUY ALERT: Billionaires piling into this asset classReagan Gold Group 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. 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