Cormark Comments on Loop Industries, Inc.’s FY2025 Earnings (NASDAQ:LOOP)

Loop Industries, Inc. (NASDAQ:LOOP) – Equities research analysts at Cormark issued their FY2025 EPS estimates for shares of Loop Industries in a research note issued on Monday, September 30th. Cormark analyst N. Boychuk forecasts that the financial services provider will post earnings per share of ($0.22) for the year. Cormark currently has a “Moderate Buy” rating on the stock. The consensus estimate for Loop Industries’ current full-year earnings is ($0.33) per share. Cormark also issued estimates for Loop Industries’ FY2026 earnings at ($0.22) EPS and FY2027 earnings at $0.11 EPS.

Loop Industries (NASDAQ:LOOP) last issued its quarterly earnings data on Monday, July 15th. The financial services provider reported ($0.11) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.09) by ($0.02). The business had revenue of $0.01 million for the quarter. Loop Industries had a negative return on equity of 118.35% and a negative net margin of 14,713.74%.

Loop Industries Trading Down 3.3 %

NASDAQ:LOOP opened at $1.78 on Wednesday. Loop Industries has a 1 year low of $1.17 and a 1 year high of $4.70. The business has a fifty day moving average of $1.58 and a 200-day moving average of $2.21. The company has a debt-to-equity ratio of 0.60, a quick ratio of 1.93 and a current ratio of 1.96. The stock has a market cap of $84.62 million, a price-to-earnings ratio of -4.09 and a beta of 1.47.

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.