Loop Industries (NASDAQ:LOOP) vs. Its Rivals Financial Review

Loop Industries (NASDAQ: LOOP) is one of 26 publicly-traded companies in the “Chemicals & allied products” industry, but how does it compare to its competitors? We will compare Loop Industries to similar companies based on the strength of its profitability, dividends, risk, earnings, valuation, institutional ownership and analyst recommendations.

Valuation & Earnings

This table compares Loop Industries and its competitors top-line revenue, earnings per share (EPS) and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Loop Industries N/A -$17.54 million -21.67
Loop Industries Competitors $7.84 billion $585.78 million 13.10

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.

Institutional & Insider Ownership

5.5% of Loop Industries shares are held by institutional investors. Comparatively, 72.2% of shares of all “Chemicals & allied products” companies are held by institutional investors. 55.1% of Loop Industries shares are held by insiders. Comparatively, 8.9% of shares of all “Chemicals & allied products” companies are held by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.

Risk and Volatility

Loop Industries has a beta of 0.89, indicating that its stock price is 11% less volatile than the S&P 500. Comparatively, Loop Industries’ competitors have a beta of 1.57, indicating that their average stock price is 57% more volatile than the S&P 500.

Analyst Recommendations

This is a breakdown of recent ratings and target prices for Loop Industries and its competitors, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Loop Industries 0 0 1 0 3.00
Loop Industries Competitors 184 671 916 41 2.45

Loop Industries presently has a consensus price target of $12.00, suggesting a potential upside of 42.01%. As a group, “Chemicals & allied products” companies have a potential upside of 25.97%. Given Loop Industries’ stronger consensus rating and higher possible upside, research analysts clearly believe Loop Industries is more favorable than its competitors.

Profitability

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

Net Margins Return on Equity Return on Assets
Loop Industries N/A -276.37% -127.37%
Loop Industries Competitors -84.73% 20.69% 5.03%

Summary

Loop Industries competitors beat Loop Industries on 8 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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