Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (NYSE:LOMA) Given Consensus Rating of “Moderate Buy” by Analysts

Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (NYSE:LOMA) has earned a consensus rating of “Moderate Buy” from the five ratings firms that are covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price objective among brokers that have covered the stock in the last year is $14.80.

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

Loma Negra Compania Industrial Argentina Price Performance

LOMA opened at $11.09 on Friday. The company has a market cap of $1.29 billion, a price-to-earnings ratio of 69.32 and a beta of 0.77. Loma Negra Compania Industrial Argentina has a one year low of $7.04 and a one year high of $14.17. The business’s fifty day moving average is $10.88 and its two-hundred day moving average is $10.69. The company has a debt-to-equity ratio of 0.15, a quick ratio of 0.48 and a current ratio of 1.44.

Loma Negra Compania Industrial Argentina (NYSE:LOMA) last released its quarterly earnings results 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 company had revenue of $165.73 million during the quarter. Analysts anticipate that Loma Negra Compania Industrial Argentina will post 1.25 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. PointState Capital LP increased its stake in Loma Negra Compania Industrial Argentina by 245.3% during the 4th quarter. PointState Capital LP now owns 1,130,732 shares of the company’s stock worth $14,643,000 after buying an additional 803,289 shares during the period. Schonfeld Strategic Advisors LLC acquired a new stake in shares of Loma Negra Compania Industrial Argentina during the fourth quarter valued at about $461,000. State of Wisconsin Investment Board purchased a new stake in shares of Loma Negra Compania Industrial Argentina during the fourth quarter worth about $486,000. Mangrove Partners IM LLC purchased a new stake in shares of Loma Negra Compania Industrial Argentina during the fourth quarter worth about $201,000. Finally, Fourth Sail Capital LP lifted its stake in shares of Loma Negra Compania Industrial Argentina by 1.4% in the fourth quarter. Fourth Sail Capital LP now owns 2,404,072 shares of the company’s stock worth $31,133,000 after acquiring an additional 32,148 shares in the last quarter. Institutional investors and hedge funds own 19.32% of the company’s stock.

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.