Analysts Set Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (NYSE:LOMA) Target Price at $14.80

Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (NYSE:LOMA) has received an average rating of “Moderate Buy” from the five analysts that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $14.80.

Separately, Weiss Ratings reissued a “hold (c-)” rating on shares of Loma Negra Compania Industrial Argentina in a research report on Monday, December 29th.

Institutional Trading of Loma Negra Compania Industrial Argentina

A number of large investors have recently modified their holdings of the company. Van ECK Associates Corp bought a new position in Loma Negra Compania Industrial Argentina in the third quarter worth approximately $28,000. Banco Santander S.A. purchased a new position in Loma Negra Compania Industrial Argentina during the 3rd quarter worth $101,000. Advisors Preferred LLC bought a new stake in Loma Negra Compania Industrial Argentina during the 3rd quarter valued at $133,000. Savant Capital LLC bought a new stake in Loma Negra Compania Industrial Argentina during the 4th quarter valued at $180,000. Finally, Mangrove Partners IM LLC purchased a new stake in shares of Loma Negra Compania Industrial Argentina in the 4th quarter worth $201,000. Hedge funds and other institutional investors own 19.32% of the company’s stock.

Loma Negra Compania Industrial Argentina Price Performance

LOMA opened at $10.03 on Friday. The business has a fifty day moving average of $10.95 and a 200 day moving average of $10.64. The stock has a market cap of $1.17 billion, a P/E ratio of 62.72 and a beta of 0.85. The company has a quick ratio of 0.48, a current ratio of 1.44 and a debt-to-equity ratio of 0.15. Loma Negra Compania Industrial Argentina has a 52-week low of $7.04 and a 52-week high of $14.17.

Loma Negra Compania Industrial Argentina (NYSE:LOMA) last released its earnings results on Sunday, February 15th. The company reported $0.04 earnings per share for the quarter. The business had revenue of $165.73 million for the quarter. Loma Negra Compania Industrial Argentina had a return on equity of 2.25% and a net margin of 2.97%. As a group, sell-side analysts anticipate that Loma Negra Compania Industrial Argentina will post 1.25 EPS for the current year.

About Loma Negra Compania Industrial Argentina

Loma Negra Compañía Industrial Argentina SA is the leading cement producer in Argentina, with a history dating back to its founding in Buenos Aires in 1926. The company operates an integrated network of cement and lime plants, as well as quarries and ready-mix concrete facilities. Its operations encompass the extraction of limestone, the production of clinker, hydraulic cement and quicklime, and the distribution of aggregates and concrete for a wide range of construction projects.

The company’s product portfolio serves residential, commercial, industrial and public infrastructure markets across Argentina.