Loop Industries (NASDAQ: LOOP) is one of 76 publicly-traded 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 analyst recommendations, institutional ownership, dividends, valuation, earnings, profitability and risk.
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.
Insider & Institutional Ownership
4.6% of Loop Industries shares are held by institutional investors. Comparatively, 47.8% of shares of all “Telephone communication, except radio” companies are held by institutional investors. 60.6% of Loop Industries shares are held by company insiders. Comparatively, 10.4% of shares of all “Telephone communication, except radio” companies are held by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock is poised for long-term growth.
This is a summary of recent recommendations for Loop Industries and its rivals, as reported by MarketBeat.com.
Loop Industries presently has a consensus target price of $12.00, indicating a potential upside of 75.44%. As a group, “Telephone communication, except radio” companies have a potential upside of 21.54%. Given Loop Industries’ stronger consensus rating and higher probable upside, equities research analysts plainly believe Loop Industries is more favorable than its rivals.
This table compares Loop Industries and its rivals’ net margins, return on equity and return on assets.
Valuation and Earnings
This table compares Loop Industries and its rivals top-line revenue, earnings per share (EPS) and valuation.
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.
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.