Loop Industries, Inc., a technology company, focuses on depolymerizing waste polyethylene terephthalate (PET) plastics and polyester fibers into base building blocks. It polymerized monomers into virgin-quality PET plastic for use in food-grade plastic packaging, such as plastic bottles for water and carbonated soft drinks, and containers for food and other consumer products; and polyester fibers, including carpets, clothing, and other polyester textiles. The company was incorporated in 2010 and is based in Terrebonne, Canada.
IPO Year:
Exchange: NASDAQ
Website: loopindustries.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/29/2022 | Buy → Neutral | H.C. Wainwright | |
| 10/28/2021 | $19.50 | Outperform | Raymond James |
| 10/7/2021 | $23.00 | Neutral → Buy | HC Wainwright & Co. |
MONTREAL, QC / ACCESSWIRE / May 28, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, will be holding a corporate update call to discuss its financial results for the fourth quarter and full fiscal year 2024. These results are expected to be announced on May 29, 2024 after markets close.Date: Thursday, May 30, 2024Time: 8:30 am Eastern TimeParticipant joining details (by Telephone):United States (Local): +1 404 975 4839United States (Toll-Free): +1 833 470 1428Access Code: 697471ORRegistration
MONTREAL, QC / ACCESSWIRE / April 4, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced the appointment of Mr. Fady Mansour as Chief Financial Officer, effective Monday April 17th, 2023.Mr. Mansour brings a wealth of expertise gained from over 25 years of experience in financial and operational leadership. He most recently served as Senior Director at the Caisse de dépôt et placement du Québec ("CDPQ"), where he utilized his financial and operational skills to grow the infrastruc
145.5% increase in e-commerce and wholesale sales to $22.1 millionGross profit of $10.8 millionAdjusted EBITDA of $3.3 millionCash of $21.9 million at quarter-endRestructuring activities ongoing and Court order extended until March 19, 2021 MONTREAL, Dec. 15, 2020 (GLOBE NEWSWIRE) -- DAVIDsTEA Inc. (Nasdaq:DTEA) (“DAVIDsTEA” or the “Company”), a leading tea merchant in North America, announces its third quarter results for the period ended October 31, 2020. DAVIDsTEA also announces the appointment of Sarah Segal as Chief Executive Officer (CEO), in addition to her position as Chief Brand Officer, and Frank Zitella as President, in addition to his position as Chief Operating Officer and
H.C. Wainwright downgraded Loop Industries from Buy to Neutral
Raymond James initiated coverage of Loop Industries with a rating of Outperform and set a new price target of $19.50
HC Wainwright & Co. upgraded Loop Industries from Neutral to Buy and set a new price target of $23.00
HC Wainwright & Co. downgraded Loop Industries from Buy to Neutral
The Company continues to be confident with the progress being made towards fulfilling the closing conditions in the agreement with Reed Management SAS (“Reed”) previously announced on May 30th, 2024, and continues to expect this financing transaction to close by the end of the second quarter of the current fiscal year.
Loop Industries (NASDAQ:LOOP) reported quarterly losses of $(0.11) per share which missed the analyst consensus estimate of $(0.09) by 22.22 percent. This is a 26.67 percent increase over losses of $(0.15) per share from the same period last year. The company reported quarterly sales of $6.000 thousand which missed the analyst consensus estimate of $75.000 thousand by 92.00 percent. This is a 77.78 percent decrease over sales of $27.000 thousand the same period last year.
Loop Industries (NASDAQ:LOOP) reported quarterly losses of $(0.44) per share which met the analyst consensus estimate. This is a 2.22 percent increase over losses of $(0.45) per share from the same period last year. The company reported quarterly sales of $153.000 thousand which beat the analyst consensus estimate of $148.000 thousand by 3.38 percent. This is a 11.56 percent decrease over sales of $173.000 thousand the same period last year.
Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced its collaboration with On, the Swiss sportswear brand, and unveiled the launch of the Cloudeasy Cyclon shoe. This innovative shoe, part of On's Circular Cyclon™ program, is a groundbreaking achievement in sustainable footwear, featuring an upper crafted from yarn made with Loop's 100% recycled polyester fiber using the Infinite Loop™ fiber-to-fiber recycling technology.
Loop Industries (NASDAQ:LOOP) reported quarterly losses of $(0.08) per share which missed the analyst consensus estimate of $(0.07) by 11.43 percent. This is a 290 percent decrease over losses of $(0.02) per share from the same period last year. The company reported quarterly sales of $26.00 thousand which missed the analyst consensus estimate of $30.00 thousand by 13.33 percent. This is a 4.32 percent increase over sales of $24.92 thousand the same period last year.
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MONTREAL, QC / ACCESSWIRE / October 22, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced its participation in the upcoming 13th Annual ROTH Technology Conference. This event will take place on November 19 - 20, 2024, at the Hard Rock Hotel in New York City.The ROTH Conference will feature a series of one-on-one and small group meetings, spotlighting innovative companies like Loop Industries. During these 40-minute sessions, attendees will have a unique opportunity to engage dir
MONTREAL, QC / ACCESSWIRE / July 25, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced its participation in the Canaccord Genuity 44th Annual Growth Conference. This financial gathering is scheduled to take place from Tuesday, August 13th to Thursday, August 15th, at the InterContinental hotel in Boston, Massachusetts.Loop will be engaging in a series of one-on-one meetings with institutional investors and financial analysts throughout the conference. These discussions will be f
MONTREAL, QC / ACCESSWIRE / June 6, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that Daniel Solomita, CEO, Fady Mansour, CFO, and Kevin O'Dowd, Head of Investor Relations, will be participating in the 10th Annual ROTH London Conference. This industry event is scheduled to take place from Tuesday, June 25th to Thursday, June 27th, at the Four Seasons Hotel London at Park Lane.During the conference, Loop Industries will engage in a series of one-on-one meetings with institut
MONTREAL, QC / ACCESSWIRE / May 28, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, will be holding a corporate update call to discuss its financial results for the fourth quarter and full fiscal year 2024. These results are expected to be announced on May 29, 2024 after markets close.Date: Thursday, May 30, 2024Time: 8:30 am Eastern TimeParticipant joining details (by Telephone):United States (Local): +1 404 975 4839United States (Toll-Free): +1 833 470 1428Access Code: 697471ORRegistration
MONTREAL, QC / ACCESSWIRE / May 24, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that Fady Mansour, CFO, and Kevin O'Dowd, Head of Investor Relations, will be participating in the 2024 KeyBanc Capital Markets Industrials and Basic Materials Conference. This important industry event is set to take place from Tuesday, May 28th to Thursday, May 30th, at The Westin Boston Waterfront Hotel in Boston, MA.During the conference, Loop Industries will engage in a series of one-on-one
GREENWICH, Conn., April 01, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, will host the 10th Annual Waste & Environmental Services Symposium at the Harvard Club in New York City on Thursday, April 4, 2024. The symposium will draw companies with a focus on the themes of waste, water treatment, and the environment. Attendees will also have the opportunity to meet with management in a one-on-one setting. Presenting Companies: 8:20am Opening Remarks Tony Bancroft, Gabelli Funds 8:30 Republic Services, Inc. (NYSE:RSG) Brian DelGhiaccio, CFO;Aaron Evans, VP, IR 9:00 Waste Connections, Inc. (NYSE:WCN)Joe Box, VP, IR 9:30 Ranpak Holdings Corp. (NYSE:PACK) Bill Drew, SVP & CFO 10:00
MONTREAL, QC / ACCESSWIRE / March 25, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that Fady Mansour, CFO of Loop Industries, and Kevin O'Dowd, Head of Investor Relations, will be presenting at Gabelli Funds' 10th Annual Waste & Sustainability Symposium. This prestigious event is set to occur on April 4th, 2024, at The Harvard Club in New York City, NY. This conference will bring together industry leaders dedicated to the sectors of waste management, water treatment, and ov
GREENWICH, Conn., March 18, 2024 (GLOBE NEWSWIRE) -- Gabelli Funds, LLC, will host the 10th Annual Waste & Sustainability Symposium at the Harvard Club in New York City on Thursday, April 4, 2024. The symposium will draw companies with a focus on the themes of waste, water treatment, and the environment. Attendees will also have the opportunity to meet with management in a one-on-one setting. Presenting Companies: 374Water Inc. (NASDAQ:SCWO)BioLargo, Inc. (OTC:BLGO)Casella Waste Systems, Inc. (NASDAQ: CWSTGreif, Inc. (NYSE: GEF)Loop Industries, Inc. (NASDAQ:LOOP)Perma-Fix Environmental Services, Inc. (NASDAQ:PESI)Quest Resource Holding Corporation (NASDAQ:QRHC)Ranpak Holdings Corp. (N
MONTREAL, QC / ACCESSWIRE / February 15, 2024 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that the Company will be attending the 36th Annual Roth Conference taking place on March 17th - 19th, 2024 at The Ritz Carlton Laguna Niguel in Dana Point, California.Event: 36th Annual Roth ConferenceDate: March 17-19, 2024Location: The Ritz Carlton Laguna Niguel in Dana Point, CADaniel Solomita, Founder and CEO of Loop Industries, and Kevin O'Dowd, Head of Investor Relations, will be ava
MONTREAL, QC / ACCESSWIRE / November 27, 2023 / Loop Industries, Inc. (NASDAQ:LOOP) (the "Company" or "Loop"), a clean technology company whose mission is to accelerate a circular plastics economy by manufacturing 100% recycled polyethylene terephthalate ("PET") plastic and polyester fiber, today announced that Loop management will participate in the following investor conferences in November and December 2023:Bernstein 2nd Annual Industrials ForumDate: November 29, 2023Venue: Mid Town Hilton New York, New YorkFormat: One-on-one meetings with investorsNobleCon19 19th Annual Emerging Growth Investor ConferenceDate: December 3-5, 2023Venue: Florida Atlantic University, Boca Raton, FLFormat: On