Loop Industries, Inc. (NASDAQ:LOOP – Free Report) – Analysts at Roth Capital raised their Q1 2026 earnings estimates for shares of Loop Industries in a report issued on Monday, June 9th. Roth Capital analyst G. Sweeney now expects that the financial services provider will post earnings per share of ($0.07) for the quarter, up from their previous estimate of ($0.11). The consensus estimate for Loop Industries’ current full-year earnings is ($0.47) per share. Roth Capital also issued estimates for Loop Industries’ Q2 2026 earnings at ($0.07) EPS, FY2026 earnings at ($0.20) EPS, FY2027 earnings at $0.01 EPS and FY2028 earnings at $0.29 EPS.
Loop Industries Price Performance
NASDAQ LOOP opened at $1.74 on Thursday. Loop Industries has a 1 year low of $0.85 and a 1 year high of $2.55. The business’s fifty day moving average is $1.12 and its two-hundred day moving average is $1.20. The stock has a market capitalization of $83.03 million, a P/E ratio of -3.11 and a beta of 1.77. The company has a debt-to-equity ratio of 0.93, a quick ratio of 0.11 and a current ratio of 0.12.
Institutional Investors Weigh In On Loop Industries
A number of institutional investors and hedge funds have recently modified their holdings of LOOP. CacheTech Inc. acquired a new position in shares of Loop Industries in the 4th quarter valued at $30,000. Virtu Financial LLC purchased a new stake in Loop Industries during the fourth quarter valued at about $33,000. Millennium Management LLC acquired a new position in shares of Loop Industries in the fourth quarter worth about $41,000. 4WEALTH Advisors Inc. purchased a new position in shares of Loop Industries in the fourth quarter worth approximately $60,000. Finally, Towneley Capital Management Inc DE acquired a new stake in shares of Loop Industries during the first quarter valued at approximately $78,000. 4.89% of the stock is owned by institutional investors and hedge funds.
About Loop Industries
Loop Industries, Inc, a technology company, focuses on depolymerizing waste polyethylene terephthalate PET plastics and polyester fibers, including plastic bottles, packaging, carpets and textiles of any color, transparency and even ocean plastics that have been degraded by the sun and salt, to its base building blocks.
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