Loop Industries (NASDAQ: LOOP) is one of 77 public companies in the “Telephone communication, except radio” industry, but how does it compare to its rivals? We will compare Loop Industries to similar companies based on the strength of its valuation, dividends, institutional ownership, risk, earnings, profitability and analyst recommendations.
Risk & Volatility
Loop Industries has a beta of 0.89, suggesting that its share price is 11% less volatile than the S&P 500. Comparatively, Loop Industries’ rivals have a beta of 0.68, suggesting that their average share price is 32% less volatile than the S&P 500.
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 Competitors||-7.67%||10.98%||2.52%|
This is a breakdown of current ratings and recommmendations for Loop Industries and its rivals, as reported by MarketBeat.com.
|Sell Ratings||Hold Ratings||Buy Ratings||Strong Buy Ratings||Rating Score|
|Loop Industries Competitors||871||2391||2297||128||2.30|
Loop Industries presently has a consensus price target of $12.00, suggesting a potential upside of 73.41%. As a group, “Telephone communication, except radio” companies have a potential upside of 21.72%. Given Loop Industries’ stronger consensus rating and higher probable upside, analysts plainly believe Loop Industries is more favorable than its rivals.
Insider & Institutional Ownership
4.6% of Loop Industries shares are owned by institutional investors. Comparatively, 49.5% 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, 10.1% 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 company will outperform the market over the long term.
Earnings and Valuation
This table compares Loop Industries and its rivals gross revenue, earnings per share and valuation.
|Gross Revenue||Net Income||Price/Earnings Ratio|
|Loop Industries||N/A||-$17.54 million||-17.56|
|Loop Industries Competitors||$17.28 billion||$1.61 billion||36.61|
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.
Loop Industries rivals beat Loop Industries on 7 of the 13 factors compared.
About Loop Industries
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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