LOOP

Loop Industries, Inc. [LOOP] Stock Forecast

Q: What is Loop Industries, Inc. stock symbol ?

Loop Industries, Inc. is a CA stock, located in Terrebonne of Qc and trading under the symbol LOOP

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LOOP Stock Summary

Earnings are expected to rise 65230.93% next year

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In the News

01:45 10 Dec 2023 LOOP

Loop Industries to Participate in Upcoming Investor Conferences in November and December 2023

MONTREAL, QC / ACCESSWIRE / November 27, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that Loop management will participate in the following investor conferences in November and December 2023: Bernstein 2nd Annual Industrials Forum Date: November 29, 2023Venue: Mid Town Hilton New York, New YorkFormat: One-on-one meetings with investors NobleCon19 19th Annual Emerging Growth Investor Conference Date: December 3-5, 2023Venue: Florida Atlantic University, Boca Raton, FLFormat: One-on-one meetings with investors and group presentation Tuesday, December 5th at 1:30 PM Water Tower US Climate Investor Conference 2023 Date: Thursday, December 7, 2023Venue: OTC Markets Group - 300 Vesey Street, 12th Floor, New York City, NY 10282Format: One-on-one meetings and group presentation at 9:30 AM About Loop Industries Loop Industries is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels. Loop Industries owns patented and proprietary technology that depolymerizes no and low-value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpets and textiles of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers).

08:30 10 Dec 2023 LOOP

Loop Industries To Present Its Infinite Loop(TM) Technology at Groundbreaking Ceremony of the Ulsan Advanced Recycling Cluster in South Korea

Groundbreaking ceremony for the Ulsan Advanced Recycling Cluster ("Ulsan ARC") now scheduled to take place on November 15th, 2023 MONTREAL, QC / ACCESSWIRE / November 2, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced an updated schedule for the groundbreaking ceremony of the Ulsan ARC. The event is now scheduled to take place on November 15th, 2023.

02:40 10 Dec 2023 LOOP

Loop Industries to Participate at the BofA Securities 2023 Sustainability and Circular Materials Virtual Conference

MONTREAL, QC / ACCESSWIRE / August 31, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that Daniel Solomita, Founder and CEO of Loop Industries, will speak at the BofA Securities Sustainability & Circular Materials Virtual Conference. Loop is scheduled to present at 12:25 P.M.

12:30 10 Dec 2023 LOOP

Loop Industries to Present at TD Cowen Sustainability Week

MONTREAL, QC / ACCESSWIRE / June 2, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that the company is scheduled to present at the TD Cowen Sustainability Week on Thursday, June 8, 2023. Daniel Solomita, Founder and CEO, Fady Mansour, CFO, and Kevin O'Dowd Vice President of Communications and Investor Relations, will also be hosting one-on-one meetings with investors during the conference.

11:12 10 Dec 2023 LOOP

Another Catalyst For Mullen Automotive Stock

Investors watching Mullen Automotive (NASDAQ: MULN) will know that it just partnered up with Rapid Response Defense Solutions and this is good news. Rapid Response Defense Solutions is a leading government contractor specializing in partnerships with small businesses.

12:05 10 Dec 2023 LOOP

Loop Industries ($LOOP) Selects France as New Location to Manufacture Recycled PET Plastics

Loop Industries (NASDAQ: LOOP), a clean technology company whose mission is to accelerate a circular plastics economy, has chosen the Chemesis industrial platform in France as the location for it's new manufacturing facility to produce 100% recycled polyethylene terephthalate plastic and polyester fiber. The company says that the new facility will help meet growing demand for recycled polyethylene terephthalate plastic.

04:10 10 Dec 2023 LOOP

Loop Industries to Present at the 30th Annual Emerald Groundhog Day Investment Forum on February 2nd, 2023

MONTREAL, QC / ACCESSWIRE / January 25, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that Kevin O'Dowd, Vice President of Communications and Investor Relations, will present at the 30th Annual Emerald Groundhog Day Investment Forum being held on Thursday, February 2nd, 2023 at The Valley Forge Sheraton - and as a hybrid event, featuring an all-event virtual stream. Emerald's team of analysts and portfolio managers will also present their key investment themes and trends at the forum.

04:09 10 Dec 2023 LOOP

Loop Industries, Inc. (LOOP) Q3 2023 Earnings Call Transcript

Loop Industries, Inc. (NASDAQ:LOOP ) Q3 2023 Earnings Conference Call January 13, 2023 11:00 AM ET Company Participants Kevin O'Dowd - Vice President of Communications and Investor Relations Daniel Solomita - Founder and Chief Executive Officer Conference Call Participants Gerard Sweeney - ROTH Capital Partners, LLC David Quezada - Raymond James Ltd. Operator Good morning, ladies and gentlemen.

06:48 10 Dec 2023 LOOP

Loop Industries, Inc. (LOOP) Reports Q3 Loss, Lags Revenue Estimates

Loop Industries, Inc. (LOOP) delivered earnings and revenue surprises of 89.47% and 88.89%, respectively, for the quarter ended November 2022. Do the numbers hold clues to what lies ahead for the stock?

06:10 10 Dec 2023 LOOP

Loop Industries to Present at the Bernstein Industrials One-On-One Forum on November 28-29th, 2022

MONTREAL, QC / ACCESSWIRE / November 18, 2022 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that Daniel Solomita, Founder and CEO of Loop Industries and Kevin O'Dowd, Vice President of Communications and Investor Relations, will be presenting at the Bernstein Industrials One-on-One Forum taking place Monday, November 28 - Tuesday, November 29th, 2022 at the Westin New York at Times Square, located at 270 W 43rd Street, New York, NY 10036. About Loop Industries Loop Industries is a technology company whose mission is to accelerate the world's shift toward sustainable PET plastic and polyester fiber and away from our dependence on fossil fuels.

LOOP Financial details

Company Rating

Buy

Market Cap

167.27M

Income

-3.68M

Revenue

118.41K

Book val./share

0.48

Cash/share

0.28

Dividend

Dividend %

Employees

Optionable

Shortable

Yes

Earnings

10 Jan 2024

P/E

-45.44

Forward P/E

-9.26

PEG

4.9

P/S

1412.67

P/B

7.33

P/C

12.57

P/FCF

-5.33

Quick Ratio

4.34

Current Ratio

7.47

Debt / Equity

0.15

LT Debt / Equity

0.13

EPS (TTM)

-0.07

EPS next Y

-0.38

EPS next Q

-0.07

EPS this Y

-11%

EPS next Y

424.14%

EPS next 5Y

-683.9%

EPS last 5Y

Revenue last 5Y

Revenue Q/Q

100%

EPS Q/Q

-65.52%

SMA20

8.7%

SMA50

-1.13%

SMA100

14.38%

Inst Own

3.53%

Inst Trans

0.73%

ROA

-13%

ROE

-13%

ROC

-0.94%

Gross Margin

30%

Oper. Margin

-20389%

Profit Margin

-3109%

Payout

Shs Outstand

47.52M

Shs Float

18.6M

Target Price

52W Range

1.845-3.8

52W High

+17.33%

52W Low

+252%

RSI

57.21

Rel Volume

0.36

Avg Volume

35.18K

Volume

12.7K

Perf Week

2.03%

Perf Month

10%

Perf Quarter

9.49%

Perf Half Y

16.17%

Beta

1.423

Volatility

0.01%, 0.17%

Prev Close

Price

3.52

Change

0.57%

LOOP Financial Performance

Yearly Fundamentals Overview

Last date of statement is 2023-02-28

Metric	2019-02-28	2020-02-29	2021-02-28	2022-02-28	2023-02-28
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	0	0.06	0	0	0
Net income per share	-0.65	-0.44	-0.89	-1	-0.89
Operating cash flow per share	-0.22	-0.24	-0.55	-0.95	-0.74
Free cash flow per share	-0.28	-0.31	-0.61	-1.06	-0.76
Cash per share	0.17	0.89	0.86	0.97	0.62
Book value per share	0.08	1.01	0.8	1.02	0.71
Tangible book value per share	0.07	1.01	0.78	0.99	0.69
Share holders equity per share	0.08	1.01	0.8	1.02	0.71
Interest debt per share	0.22	0.12	0.06	0.08	0.07
Market cap	327.48M	333.08M	384.02M	314.3M	123.29M
Enterprise value	328.51M	301.65M	351.25M	273.61M	97M
P/E ratio	-14.99	-19.91	-10.53	-6.97	-2.91
Price to sales ratio	0	149.81	0	0	713.32
POCF ratio	-43.3	-36.63	-17.07	-7.31	-3.53
PFCF ratio	-34.08	-28.64	-15.47	-6.53	-3.43
P/B Ratio	124.69	8.66	11.7	6.83	3.65
PTB ratio	124.69	8.66	11.7	6.83	3.65
EV to sales	0	135.68	0	0	561.22
Enterprise value over EBITDA	-26.8	-26.39	-11.67	-6.58	-2.58
EV to operating cash flow	-43.44	-33.18	-15.62	-6.37	-2.78
EV to free cash flow	-34.19	-25.93	-14.15	-5.69	-2.7
Earnings yield	-0.07	-0.05	-0.09	-0.14	-0.34
Free cash flow yield	-0.03	-0.03	-0.06	-0.15	-0.29
Debt to equity	2.61	0.06	0.07	0.07	0.1
Debt to assets	0.56	0.05	0.06	0.06	0.08
Net debt to EBITDA	-0.08	2.75	1.09	0.98	0.7
Current ratio	0.78	16.17	4.15	5.29	10.16
Interest coverage	-27.32	-5.52	-269.43	-273.56	-245.25
Income quality	0.43	0.63	0.62	0.96	1.64
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	0	3.25	0	0	118.2
Research and developement to revenue	0	2.12	0	0	100.36
Intangibles to total assets	0.01	0	0.02	0.02	0.03
Capex to operating cash flow	0.27	0.28	0.1	0.12	0.03
Capex to revenue	0	-1.14	0	0	-5.99
Capex to depreciation	-4.07	-3.06	-3	-9.32	-1.88
Stock based compensation to revenue	0	1.56	0	0	58.36
Graham number	1.06	3.17	4	4.77	3.78
ROIC	-1.68	-0.35	-0.88	-0.86	-2.05
Return on tangible assets	-1.82	-0.39	-0.86	-0.77	-1.08
Graham Net	-0.1	0.78	0.61	0.71	0.5
Working capital	-1.92M	32.39M	28.53M	42.29M	32.84M
Tangible asset value	2.5M	38.26M	32.03M	44.98M	32.53M
Net current asset value	-2.87M	30.15M	27.02M	38.91M	29.6M
Invested capital	2.61	0.06	0.07	0.07	0.1
Average receivables	481.82K	631.77K	1.21M	1.74M	1.4M
Average payables	2.33M	2.38M	3.58M	4.74M	2.71M
Average inventory	-481.82K	-631.77K	-1.21M	-881.92K	363.47K
Days sales outstanding	0	109.1	0	0	2.27K
Days payables outstanding	0	0	0	0	0
Days of inventory on hand	0	0	0	0	0
Receivables turnover	0	3.35	0	0	0.16
Payables turnover	0	0	0	0	0
Inventory turnover	0	0	0	0	0
ROE	-8.32	-0.43	-1.11	-0.98	-1.26
Capex per share	-0.06	-0.07	-0.06	-0.11	-0.02

Quarterly Fundamentals Overview

Last date of statement is 2023-08-31 for Q2

Metric	2022-08-31	2022-11-30	2023-02-28	2023-05-31	2023-08-31
	2.02K	2.02K	2.02K	2.02K	2.02K
Revenue per share	0	0	0	0	0
Net income per share	-0.16	-0.02	0.34	-0.29	-0.1
Operating cash flow per share	-0.19	-0.12	-0.18	-0.12	-0.12
Free cash flow per share	-0.19	-0.12	-0.2	-0.16	-0.18
Cash per share	0.49	0.45	0.62	0.46	0.28
Book value per share	0.61	0.6	0.71	0.57	0.48
Tangible book value per share	0.59	0.58	0.69	0.54	0.45
Share holders equity per share	0.61	0.6	0.71	0.57	0.48
Interest debt per share	0.07	0.07	0.07	0.07	0.07
Market cap	254.07M	132.77M	123.29M	143.02M	133.53M
Enterprise value	234.42M	114.53M	97M	124.36M	123.5M
P/E ratio	-8.2	-31.09	1.92	-2.56	-7.03
Price to sales ratio	1.88K	5.33K	9.87K	5.3K	2.47K
POCF ratio	-27.91	-23.69	-14.32	-25.99	-24.22
PFCF ratio	-27.52	-23.3	-13.19	-18.75	-15.38
P/B Ratio	8.77	4.68	3.65	5.28	5.85
PTB ratio	8.77	4.68	3.65	5.28	5.85
EV to sales	1.73K	4.6K	7.77K	4.61K	2.29K
Enterprise value over EBITDA	-30.76	-14.79	-22.02	-18.17	-26.8
EV to operating cash flow	-25.75	-20.44	-11.27	-22.59	-22.4
EV to free cash flow	-25.39	-20.1	-10.37	-16.31	-14.23
Earnings yield	-0.03	-0.01	0.13	-0.1	-0.04
Free cash flow yield	-0.04	-0.04	-0.08	-0.05	-0.07
Debt to equity	0.12	0.12	0.1	0.12	0.15
Debt to assets	0.09	0.08	0.08	0.09	0.11
Net debt to EBITDA	2.58	2.36	5.97	2.73	2.18
Current ratio	4.53	4.43	10.16	6.18	7.47
Interest coverage	-195.37	-207.29	-119.52	-183.63	-107.8
Income quality	1.18	5.53	-1.59	0.79	1.16
Dividend Yield	0	0	0	0	0
Payout ratio	0	0	0	0	0
Sales general and administrative to revenue	29.61	127.71	176.13	91.3	52.65
Research and developement to revenue	27.7	183.82	177.22	166.3	37.74
Intangibles to total assets	0.03	0.03	0.03	0.04	0.05
Capex to operating cash flow	0.01	0.02	0.09	0.39	0.57
Capex to revenue	-0.96	-3.74	-59.42	-78.59	-58.67
Capex to depreciation	-0.95	-0.7	-5.32	-15.95	-23.47
Stock based compensation to revenue	4.64	35.07	9.37	13.15	7.19
Graham number	1.5	0.55	2.33	1.94	1.04
ROIC	-0.24	-0.26	-0.36	-0.46	-0.18
Return on tangible assets	-0.2	-0.03	0.41	-0.41	-0.17
Graham Net	0.3	0.25	0.5	0.32	0.18
Working capital	25.26M	27.46M	32.84M	26.1M	21.69M
Tangible asset value	27.88M	27.27M	32.53M	25.83M	21.46M
Net current asset value	22.16M	24.21M	29.6M	23.01M	18.72M
Invested capital	0.12	0.12	0.1	0.12	0.15
Average receivables	1.47M	1.7M	1.34M	1.12M	1.18M
Average payables	2.95M	2.23M	1.6M	1.28M	908.5K
Average inventory	378.37K	378.37K	576.61K	798.97K	888K
Days sales outstanding	1.2K	5.8K	7.75K	3.86K	1.99K
Days payables outstanding	0	0	1.1K	0	0
Days of inventory on hand	0	0	783.83	0	0
Receivables turnover	0.08	0.02	0.01	0.02	0.05
Payables turnover	0	0	0.08	0	0
Inventory turnover	0	0	0.11	0	0
ROE	-0.27	-0.04	0.48	-0.51	-0.21
Capex per share	0	0	-0.02	-0.04	-0.07

LOOP Frequently Asked Questions

What is Loop Industries, Inc. stock symbol ?

Loop Industries, Inc. is a CA stock , located in Terrebonne of Qc and trading under the symbol LOOP

What is Loop Industries, Inc. stock quote today ?

Loop Industries, Inc. stock price is $3.52 today.

Is Loop Industries, Inc. stock public?

Yes, Loop Industries, Inc. is a publicly traded company.

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Company Profile

Volume Average 35.18K
Market Capitalization 167.27M
Employee 70
CEO Mr. Daniel Solomita
Headquarters Terrebonne,QC,CA
IPO Date 2017-11-20
Website https://www.loopindustries.com

Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It 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.