Loop Industries/LOOP

$3.06

-2.54%
-
1D1W1MYTD1YMAX

About Loop Industries

Loop Industries, Inc. is a Canada-based clean technology company. The Company owns patented and proprietary technology that depolymerizes noand low-value waste polyethylene terephthalate (PET) plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). The monomers are filtered, purified and polymerized to create virgin-quality Loop branded PET resin suitable for use in food-grade packaging and polyester fiber, thus enabling its customers to meet their sustainability objectives. Its Infinite Loop provides an end-to-end industrial solution to supply the global demand for Loop PET resin made from recycled content. Loop PET plastic and polyester fiber can be recycled infinitely. The Company reduces plastic waste and recovering waste plastic.

Ticker

LOOP

Sector

Basic Materials

Trading on

NASDAQ

Industry

Chemicals - Plastics & Rubber

CEO

Daniel Solomita

Employees

60

Headquarters

Terrebonne, Canada

Loop Industries Metrics

BasicAdvanced
$149.24M
Market cap
-
P/E ratio
-$0.22
EPS
1.43
Beta
-
Dividend rate

What the Analysts think about Loop Industries

Analyst Ratings

Majority rating from 2 analysts.
Buy

Price Targets

Average projection from 2 analysts.
117.32% upside
High $7.30
Low $6.00
$3.06
Current price
$6.65
Average price target

Loop Industries Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
0% profit margin
QuarterlyAnnual
Q3 24
QoQ growth
Revenue
$0
-
Net income
$-4.2M
-10.64%
Profit margin
0%
-

Loop Industries Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 20%
QuarterlyAnnual
Q4 23
Q1 24
Q2 24
Q3 24
Q4 24
Actual
$0.11
-$0.15
-$0.10
-$0.09
-
Expected
-$0.15
-$0.12
-$0.10
-$0.08
-$0.11
Surprise
-173.33%
30.43%
0%
20%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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