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 competitors? We will compare Loop Industries to related companies based on the strength of its earnings, dividends, profitability, institutional ownership, risk, analyst recommendations and valuation.
This is a summary of recent ratings and target prices for Loop Industries and its competitors, as reported by MarketBeat.com.
Loop Industries presently has a consensus price target of $12.00, suggesting 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, research analysts clearly believe Loop Industries is more favorable than its competitors.
This table compares Loop Industries and its competitors’ net margins, return on equity and return on assets.
Institutional & Insider 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 insiders. Comparatively, 10.4% of shares of all “Telephone communication, except radio” companies are held by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.
Volatility & Risk
Loop Industries has a beta of 0.89, indicating that its share price is 11% less volatile than the S&P 500. Comparatively, Loop Industries’ competitors have a beta of 0.68, indicating that their average share price is 32% less volatile than the S&P 500.
Earnings & Valuation
This table compares Loop Industries and its competitors top-line revenue, earnings per share and valuation.
Loop Industries’ competitors have higher revenue and earnings than Loop Industries. Loop Industries is trading at a lower price-to-earnings ratio than its competitors, indicating that it is currently more affordable than other companies in its industry.
Loop Industries competitors 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.