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Loop Industries NasdaqGM:LOOP Stock Report

Last Price

US$1.34

Market Cap

US$66.7m

7D

-26.8%

1Y

-65.7%

Updated

20 Dec, 2024

Data

Company Financials +

Loop Industries, Inc.

NasdaqGM:LOOP Stock Report

Market Cap: US$66.7m

LOOP Stock Overview

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. More details

LOOP fundamental analysis
Snowflake Score
Valuation2/6
Future Growth5/6
Past Performance0/6
Financial Health0/6
Dividends0/6

Rewards

Trading at 79.4% below our estimate of its fair value

Earnings are forecast to grow 65.2% per year

Risk Analysis

Highly volatile share price over the past 3 months compared to the US market

Makes less than USD$1m in revenue ($101K)

Has less than 1 year of cash runway

Does not have a meaningful market cap ($67M)


My Notes

Capture your thoughts, links and company narrative

Loop Industries, Inc. Competitors

Core Molding Technologies

NYSEAM:CMT

US$138.2m

Origin Materials

NasdaqCM:ORGN

US$139.0m

Greystone Logistics

OTCPK:GLGI

US$29.7m

Sisecam Resources

NYSE:SIRE

US$511.9m

Price History & Performance

Summary of share price highs, lows and changes for Loop Industries
Historical stock prices
Current Share PriceUS$1.34
52 Week HighUS$4.15
52 Week LowUS$1.17
Beta1.55
1 Month Change7.03%
3 Month Change-16.77%
1 Year Change-65.73%
3 Year Change-89.23%
5 Year Change-86.99%
Change since IPO-73.20%

Recent News & Updates

Is Loop Industries (NASDAQ:LOOP) Using Debt Sensibly?

Mar 21
Is Loop Industries (NASDAQ:LOOP) Using Debt Sensibly?

Recent updates

Is Loop Industries (NASDAQ:LOOP) Using Debt Sensibly?

Mar 21
Is Loop Industries (NASDAQ:LOOP) Using Debt Sensibly?

Loop Industries: Owning It Can Be Risky

Feb 07

Is Loop Industries (NASDAQ:LOOP) A Risky Investment?

Oct 31
Is Loop Industries (NASDAQ:LOOP) A Risky Investment?

Health Check: How Prudently Does Loop Industries (NASDAQ:LOOP) Use Debt?

Jul 31
Health Check: How Prudently Does Loop Industries (NASDAQ:LOOP) Use Debt?

Loop Industries (NASDAQ:LOOP) Has Debt But No Earnings; Should You Worry?

Mar 16
Loop Industries (NASDAQ:LOOP) Has Debt But No Earnings; Should You Worry?

Health Check: How Prudently Does Loop Industries (NASDAQ:LOOP) Use Debt?

Nov 19
Health Check: How Prudently Does Loop Industries (NASDAQ:LOOP) Use Debt?

Loop Industries reports Q2 results

Oct 12

Loop Industries GAAP EPS of -$0.38

Jul 14

Is Loop Industries (NASDAQ:LOOP) Using Debt In A Risky Way?

Jun 26
Is Loop Industries (NASDAQ:LOOP) Using Debt In A Risky Way?

Is Loop Industries (NASDAQ:LOOP) Using Debt Sensibly?

Mar 10
Is Loop Industries (NASDAQ:LOOP) Using Debt Sensibly?

Is Loop Industries (NASDAQ:LOOP) Using Debt In A Risky Way?

Oct 26
Is Loop Industries (NASDAQ:LOOP) Using Debt In A Risky Way?

Loop Industries CEO Daniel Solomita - Revolutionizing Global Plastic Crisis (Video)

Sep 09

Loop Industries reports Q4 results

Jun 01

Have Insiders Been Buying Loop Industries, Inc. (NASDAQ:LOOP) Shares This Year?

Mar 19
Have Insiders Been Buying Loop Industries, Inc. (NASDAQ:LOOP) Shares This Year?

Could The Loop Industries, Inc. (NASDAQ:LOOP) Ownership Structure Tell Us Something Useful?

Jan 26
Could The Loop Industries, Inc. (NASDAQ:LOOP) Ownership Structure Tell Us Something Useful?

Have Insiders Been Buying Loop Industries, Inc. (NASDAQ:LOOP) Shares?

Dec 04
Have Insiders Been Buying Loop Industries, Inc. (NASDAQ:LOOP) Shares?

Shareholder Returns

LOOPUS ChemicalsUS Market
7D-26.8%-4.3%-2.4%
1Y-65.7%-3.4%23.3%

Return vs Industry: LOOP underperformed the US Chemicals industry which returned -3.7% over the past year.

Return vs Market: LOOP underperformed the US Market which returned 22.1% over the past year.

Price Volatility

Is LOOP's price volatile compared to industry and market?
LOOP volatility
LOOP Average Weekly Movement20.3%
Chemicals Industry Average Movement5.5%
Market Average Movement6.3%
10% most volatile stocks in US Market16.8%
10% least volatile stocks in US Market3.1%

Stable Share Price: LOOP's share price has been volatile over the past 3 months compared to the US market.

Volatility Over Time: LOOP's weekly volatility has increased from 14% to 20% over the past year.

About the Company

FoundedEmployeesCEOWebsite
201050Daniel Solomitawww.loopindustries.com

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. Its 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. Loop Industries, Inc. was incorporated in 2010 and is based in Terrebonne, Canada.

Loop Industries, Inc. Fundamentals Summary

How do Loop Industries's earnings and revenue compare to its market cap?
LOOP fundamental statistics
Market capUS$66.67m
Earnings (TTM)-US$19.36m
Revenue (TTM)US$101.00k

631.8x

P/S Ratio

-3.3x

P/E Ratio

Is LOOP overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LOOP income statement (TTM)
RevenueUS$101.00k
Cost of RevenueUS$0
Gross ProfitUS$101.00k
Other ExpensesUS$19.47m
Earnings-US$19.36m

Last Reported Earnings

Aug 31, 2024

Next Earnings Date

n/a

Earnings per share (EPS)-0.41
Gross Margin100.00%
Net Profit Margin-19,172.28%
Debt/Equity Ratio101.2%

How did LOOP perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2024/12/20 02:14
End of Day Share Price 2024/12/20 00:00
Earnings2024/08/31
Annual Earnings2024/02/29

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .

Analyst Sources

Loop Industries, Inc. is covered by 9 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Mahaut ArnaudBryan Garnier & Co
Hazim BahariCFRA Equity Research
Nicholas BoychukCormark Securities Inc.