Stocks of Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA) are poised to climb above their peers

With 0.63 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.38 million shares. The 52-week range on LOMA shows that it touched its highest point at $7.42 and its lowest point at $5.50 during that stretch. It currently has a 1-year price target of $6.80. With its current market cap of 849.90 million, LOMA has annualized dividend of $0.46 while the current yield stands at 6.38%. Beta for the stock currently stands at 1.43.

Price Performance and Earnings:

Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LOMA was up-trending over the past week, with a rise of 0.28%, but this was up by 6.42% over a month. Three-month performance surged to 2.00% while six-month performance rose 20.03%. The stock gained 12.02% in the past year, while it has gained 0.56% so far this year. A look at the trailing 12-month EPS for LOMA yields 0.35 with Next year EPS estimates of 1.20. For the next quarter, that number is 0.03. This implies an EPS growth rate of 2939.31% for this year and 89.97% for next year. EPS is expected to grow by 0.13% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 22.80%.

Float and Shares Shorts:

At present, 119.20 million LOMA shares are outstanding with a float of 119.20 million shares on hand for trading. On Feb 29, 2024, short shares totaled 0.38 million, which was 0.54% higher than short shares on Jan 31, 2024. In addition to XOMA as the firm’s XOMA Corporation, LOMA serves as its Loma Negra Compania Industrial.

Institutional Ownership:

Through their ownership of 19.41% of LOMA’s outstanding shares, institutional investors have minority control over the company.

Analysts Ratings:

Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LOMA since 0 analysts follow the stock currently. In the same way, a target price assigned to a stock can also reveal much about its potential.