Loop Industries, Inc. Forecasted to Earn FY2025 Earnings of ($0.22) Per Share (NASDAQ:LOOP)

Loop Industries, Inc. (NASDAQ:LOOP) – Stock analysts at Cormark issued their FY2025 earnings estimates for shares of Loop Industries in a research report issued to clients and investors on Monday, September 30th. Cormark analyst N. Boychuk expects that the financial services provider will post earnings per share of ($0.22) for the year. Cormark has a “Moderate Buy” rating on the stock. The consensus estimate for Loop Industries’ current full-year earnings is ($0.33) per share. Cormark also issued estimates for Loop Industries’ FY2026 earnings at ($0.22) EPS and FY2027 earnings at $0.11 EPS.

Loop Industries Stock Performance

Shares of LOOP stock opened at $1.78 on Wednesday. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.93 and a current ratio of 1.96. The stock has a market capitalization of $84.62 million, a price-to-earnings ratio of -4.09 and a beta of 1.47. Loop Industries has a one year low of $1.17 and a one year high of $4.70. The company’s 50-day simple moving average is $1.58 and its 200-day simple moving average is $2.21.

Loop Industries (NASDAQ:LOOP) last released its quarterly earnings results on Monday, July 15th. The financial services provider reported ($0.11) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.09) by ($0.02). The company had revenue of $0.01 million for the quarter. Loop Industries had a negative return on equity of 118.35% and a negative net margin of 14,713.74%.

Loop Industries Company Profile

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.