Loop Industries Stock Today

LOOP -  USA Stock  

USD 14.22  0.07  0.49%

Loop Industries is selling at 14.22 as of the 29th of November 2021; that is -0.49 percent down since the beginning of the trading day. The stock's last reported lowest price was 13.37. Loop Industries has a very small chance of experiencing financial distress in the next few years and had a good performance during the last 90 days. Equity ratings for Loop Industries are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 31st of August 2021 and ending today, the 29th of November 2021. Click here to learn more.
Market Performance
14 of 100
Odds Of Distress
Less than 1
Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate plastics and polyester fibers into base building blocks. The company was incorporated in 2010 and is based in Terrebonne, Canada. Loop Industries operates under Specialty Chemicals classification in the United States and is traded on NASDAQ Exchange. The company has 47.16 M outstanding shares of which 1.85 M shares are now shorted by private and institutional investors with about 13.6 trading days to cover. More on Loop Industries

Loop Industries Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. If you consider yourself one of those investors, make sure you clearly understand your entering position. Loop Industries' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Loop Industries or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Loop Industries appears to be risky and price may revert if volatility continues
Loop Industries is unlikely to experience financial distress in the next 2 years
Loop Industries was previously known as Loop Industries and was traded on NASDAQ Exchange under the symbol LLPP.
The company reported the previous year's revenue of 86.66 M. Net Loss for the year was (47.91 M) with profit before overhead, payroll, taxes, and interest of 73.88 M.
Loop Industries currently holds about 65.8 M in cash with (37.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.39.
Loop Industries has a frail financial position based on the latest SEC disclosures
Roughly 59.0% of the company outstanding shares are owned by corporate insiders
Loop Industries Fama & French Chemicals
Chemicals
Fama & French Classification
Loop Industries SEC Filings
Loop Industries SEC Filings Security & Exchange Commission EDGAR Reports
Legal NameLoop Industries
Older SymbolLLPP
New SymbolLOOP1
Co-CEO, Co-Founder, DirectorThomas Hughes  (View All)
Thematic Classification
Currently Active Investing Idea (view all)
  Chemicals
Average Analyst Recommendation
Analysts covering Loop Industries report their recommendations after researching Loop Industries' financial statements, talking to executives and customers, or listening in on Loop Industries' conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Loop Industries. The Loop Industries consensus assessment is calculated by taking the average forecast from all of the analysts covering Loop Industries.
Piotroski F Score
Piotroski F-Score is a popular financial indicator that puts together nine criteria to evaluate the financial strength of Loop Industries based on its profitability, leverage, liquidity, source of funds, and operating efficiency. It is an academic score (developed by Joseph Piotroski in 2002) to determine the current strength of Loop Industries financial position. Scores of 8 and 9 are usually classified as strong value stocks, whereas scores of 2 or below are considered weak value stocks.
 3 - FrailDetails
Current ValueLast YearChange From Last Year 10 Year Trend
Weighted Average Shares41.5 M41 M
Fairly Up
Increasing
Slightly volatile
Weighted Average Shares Diluted41.5 M41 M
Fairly Up
Increasing
Slightly volatile
Total Assets45.4 M43.4 M
Sufficiently Up
Increasing
Slightly volatile
Total Liabilities7.9 M10.6 M
Way Down
Increasing
Slightly volatile
Current Assets38 M37.6 M
Slightly Up
Increasing
Slightly volatile
Current Liabilities5.9 M9.1 M
Way Down
Increasing
Slightly volatile
Total Debt2.5 M2.5 M
Fairly Up
Increasing
Slightly volatile
Gross Margin0.770.77
Steady
Decreasing
Slightly volatile
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of Loop Industries' available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong SellUndervalued
Financial Strength
Loop Industries' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Loop Industries' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Loop Industries' financial leverage. It provides some insight into what part of Loop Industries' total assets is financed by creditors.
Share Download
Share Download
By using current balance sheet information, investors can analyze the liability, assets, and equity on Loop Industries' books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Loop Industries deploys its capital and how much of that capital is borrowed.
Liquidity
Loop Industries cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company currently holds 4.24 M in liabilities with Debt to Equity (D/E) ratio of 0.06, which may suggest the company is not taking enough advantage from borrowing. Loop Industries has a current ratio of 11.36, suggesting that it is liquid enough and is able to pay its financial obligations when due.

Operating Cash Flow

(16.62 Million)Share
Loop Industries (LOOP) is traded on NASDAQ Exchange in USA. It is located in 480 Fernand-Poitras Terrebonne and employs 79 people. Loop Industries was previously known as Loop Industries and was traded on NASDAQ Exchange under the symbol LLPP. Loop Industries is listed under Chemicals category by Fama And French industry classification. The company currently falls under 'Small-Cap' category with current market capitalization of 673.92 M. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Loop Industries's market, we take the total number of its shares issued and multiply it by Loop Industries's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. Loop Industries conducts business under Basic Materials sector and is part of Specialty Chemicals industry. The entity has 47.16 M outstanding shares of which 1.85 M shares are now shorted by private and institutional investors with about 13.6 trading days to cover. Loop Industries currently holds about 65.8 M in cash with (37.44 M) of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.39.
Check Loop Industries Probability Of Bankruptcy
Ownership
Loop Industries maintains a total of fourty-seven million one hundred sixty thousand outstanding shares. Loop Industries holds significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how much assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.

Ownership Allocation (%)

Check Loop Industries Ownership Details

Loop Industries Stock Price Odds Analysis

What are Loop Industries' target price odds to finish over the current price? Contingent on a normal probability distribution, the odds of Loop Industries jumping above the current price in 90 days from now is about 24.52%. The Loop Industries probability density function shows the probability of Loop Industries stock to fall within a particular range of prices over 90 days. Given the investment horizon of 90 days the stock has a beta coefficient of 1.914. This indicates as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Loop Industries will likely underperform. Additionally, the company has an alpha of 0.794, implying that it can generate a 0.79 percent excess return over DOW after adjusting for the inherited market risk (beta).
 Odds Down 14.22HorizonTargetOdds Up 14.22 
75.40%90 days
 14.22 
24.52%
Based on a normal probability distribution, the odds of Loop Industries to move above the current price in 90 days from now is about 24.52 (This Loop Industries probability density function shows the probability of Loop Industries Stock to fall within a particular range of prices over 90 days) .

Loop Industries Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Loop Industries that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Loop Industries' outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Loop Industries' value.
InstituionSecurity TypeTotal SharesValue
Handelsbanken Fonder AbCommon Shares2.5 M28.6 M
Handelsinvest InvesteringsforvaltningCommon Shares300 K3.4 M
Susquehanna International Group LlpCall Options108.1 K1.2 M
Citadel Advisors LlcPut Options41.2 K471 K
View Loop Industries Diagnostics

Loop Industries Historical Income Statement

Loop Industries Income Statement is one of the three primary financial statements used for reporting Loop Industries's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Loop Industries revenue and expense. Loop Industries Income Statement primarily focuses on the company's revenues and expenses during a particular period.
Loop Industries Weighted Average Shares is very stable at the moment as compared to the past year. Loop Industries reported last year Weighted Average Shares of 40.98 Million. As of 29th of November 2021, Weighted Average Shares Diluted is likely to grow to about 41.5 M, though Consolidated Income is likely to grow to (26.8 M). View More Fundamentals

Loop Industries Stock Against Markets

Picking the right benchmark for Loop Industries stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Loop Industries stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Loop Industries is critical whether you are bullish or bearish towards Loop Industries at a given time.

Similar Equity Warning - LOOP

Loop Industries was forked

The entity Loop Industries with a symbol LOOP was recently forked. You can potentially use LoopNet with a symbol LOOP1 from now on.

Loop Industries Corporate Directors

Loop Industries corporate directors refer to members of a Loop Industries board of directors. The board of directors generally takes responsibility for the Loop Industries' affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Loop Industries' board members must vote for the resolution. The Loop Industries board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Barmak Meftah - Non-Executive DirectorProfile
Donald Danks - DirectorProfile
Leslie Murphy - DirectorProfile
Laurence Sellyn - Lead Independent DirectorProfile
Additionally, see Stocks Correlation. Note that the Loop Industries information on this page should be used as a complementary analysis to other Loop Industries' statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Anywhere module to track or share privately all of your investments from the convenience of any device.

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When running Loop Industries price analysis, check to measure Loop Industries' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Loop Industries is operating at the current time. Most of Loop Industries' value examination focuses on studying past and present price action to predict the probability of Loop Industries' future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move Loop Industries' price. Additionally, you may evaluate how the addition of Loop Industries to your portfolios can decrease your overall portfolio volatility.
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Is Loop Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Loop Industries. If investors know Loop Industries will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Loop Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Loop Industries is measured differently than its book value, which is the value of Loop Industries that is recorded on the company's balance sheet. Investors also form their own opinion of Loop Industries' value that differs from its market value or its book value, called intrinsic value, which is Loop Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Loop Industries' market value can be influenced by many factors that don't directly affect Loop Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Loop Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine Loop Industries value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Loop Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.