Analyzing Loop Industries (LOOP) & Its Rivals

Loop Industries (NASDAQ: LOOP) is one of 76 public companies in the “Telephone communication, except radio” industry, but how does it weigh in compared to its rivals? We will compare Loop Industries to similar companies based on the strength of its risk, analyst recommendations, institutional ownership, profitability, valuation, earnings and dividends.

Analyst Recommendations

This is a breakdown of current recommendations and price targets for Loop Industries and its rivals, as provided by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Loop Industries 0 0 1 0 3.00
Loop Industries Competitors 869 2379 2293 127 2.30

Loop Industries presently has a consensus price target of $12.00, indicating a potential upside of 71.43%. As a group, “Telephone communication, except radio” companies have a potential upside of 21.96%. Given Loop Industries’ stronger consensus rating and higher probable upside, equities research analysts clearly believe Loop Industries is more favorable than its rivals.

Valuation & Earnings

This table compares Loop Industries and its rivals revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Loop Industries N/A -$14.03 million -16.28
Loop Industries Competitors $17.44 billion $1.79 billion 33.82

Loop Industries’ rivals have higher revenue and earnings than Loop Industries. Loop Industries is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Risk & Volatility

Loop Industries has a beta of 0.89, meaning that its stock price is 11% less volatile than the S&P 500. Comparatively, Loop Industries’ rivals have a beta of 0.68, meaning that their average stock price is 32% less volatile than the S&P 500.

Profitability

This table compares Loop Industries and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Loop Industries N/A -367.33% -169.29%
Loop Industries Competitors -7.59% 11.39% 2.71%

Institutional & Insider Ownership

4.6% of Loop Industries shares are owned by institutional investors. Comparatively, 47.8% of shares of all “Telephone communication, except radio” companies are owned by institutional investors. 60.6% of Loop Industries shares are owned by company insiders. Comparatively, 10.4% of shares of all “Telephone communication, except radio” companies are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

Summary

Loop Industries rivals beat Loop Industries on 7 of the 13 factors compared.

Loop Industries Company Profile

Loop Industries, Inc. focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It re-polymerized monomers into virgin-quality PET plastic for use in food-grade plastic packaging, such as water and soda bottles, as well as polyester fibers for textile applications. The company was founded in 2014 and is based in Terrebonne, Canada.

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