Loop Industries upgraded by HC Wainwright & Co. with a new price target
$LOOP
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HC Wainwright & Co. upgraded Loop Industries from Neutral to Buy and set a new price target of $23.00
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| 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. |
8-K - Loop Industries, Inc. (0001504678) (Filer)
10-Q - Loop Industries, Inc. (0001504678) (Filer)
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4 - Loop Industries, Inc. (0001504678) (Issuer)
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.
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
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
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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