Brokerages Set Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (NYSE:LOMA) PT at $14.80

Shares of Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (NYSE:LOMA) have received a consensus recommendation of “Moderate Buy” from the four ratings firms that are presently covering the stock, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 1-year target price among analysts that have updated their coverage on the stock in the last year is $15.0667.

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

Loma Negra Compania Industrial Argentina Stock Performance

LOMA opened at $11.15 on Tuesday. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.48 and a current ratio of 1.44. The company has a market cap of $1.30 billion, a PE ratio of 69.66 and a beta of 0.77. The stock has a 50-day moving average of $10.85 and a 200-day moving average of $11.10. 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 issued its quarterly earnings data on Sunday, February 15th. The company reported $0.04 earnings per share for the quarter. Loma Negra Compania Industrial Argentina had a return on equity of 2.25% and a net margin of 2.97%.The business had revenue of $165.73 million for the quarter. As a group, equities research analysts forecast that Loma Negra Compania Industrial Argentina will post 0.71 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of LOMA. Van ECK Associates Corp acquired a new stake in shares of Loma Negra Compania Industrial Argentina in the third quarter valued at about $28,000. Banco Santander S.A. acquired a new position in shares of Loma Negra Compania Industrial Argentina during the 3rd quarter worth about $101,000. Advisors Preferred LLC acquired a new position in shares of Loma Negra Compania Industrial Argentina during the 3rd quarter worth about $133,000. Savant Capital LLC bought a new stake in Loma Negra Compania Industrial Argentina during the 4th quarter valued at approximately $180,000. Finally, Mangrove Partners IM LLC bought a new stake in Loma Negra Compania Industrial Argentina during the 4th quarter valued at approximately $201,000. 19.32% of the stock is currently owned by institutional investors and hedge funds.

Loma Negra Compania Industrial Argentina Company Profile

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.