The stock of Loma Negra Compania Industrial Argentina Sociedad Anonima (NYSE:LOMA) increased by $0.28 on Wednesday to $6.94, up 4.20 percent. The last five days have seen an average of 219,522 shares of common stock traded. 7 times new highs were reached in the current year, with a gain of $0.05. The average number of shares traded over the last 20 days was 266,551, while the average volume over the last 50 days totaled 344,910.
LOMA stock appreciated 5.79% since last month. On 08/14/23, the company’s shares reached a one-month low of $5.91. The stock touched a high of $7.45 on 01/17/23, after rallying from a low of $5.46 in 52 weeks. The price of LOMA stock has risen by 8.08% or $0.05 this year, reaching a new high 7 times. Still, the stock price is down -6.88% from the 52-week high.
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Valuation Metrics
Loma Negra Compania Industrial Argentina Sociedad Anonima (LOMA) has a trailing price-to-earnings (P/E) ratio of 81.65. Beta for the stock is 1.27. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 3.36, the price-to-book (PB) ratio of 1.93.
Company paid $0.4648 per share in dividends, an increase of 190.5% from $0.16 last year. A $0.3048 dividend increase was reported on Friday June 23 2023.
Financial Health
For the recent quarter, Loma Negra Compania Industrial Argentina Sociedad Anonima’s quick ratio was 0.60, while its current ratio was 1.10, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 0.34, and the total debt to equity ratio is 0.50. As far as profitability goes, gross margin for the trailing twelve months is 25.10% percent. Loma Negra Compania Industrial Argentina Sociedad Anonima’s EBITDA margin for the recent year was 27.09%, whereas its operating margin stood at 17.20% for the same period. Based on annual data, it had gross profit of $301.78 million and revenue of $1.12 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. LOMA’s return on assets (ROA) during the last 12 months has been 1.40%. There was a 14.10% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 2.70%.
Earnings Surprise
A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $3.79 billion, while revenues rose by 49.24% to $0.0. EBITDA was $50.58 million for the quarter. At the end of Loma Negra Compania Industrial Argentina Sociedad Anonima’s most recent quarter, its liabilities totaled 743.2 million, while its total debt was $73.17 billion.
Technical Picture
Here’s a quick look at Loma Negra Compania Industrial Argentina Sociedad Anonima’s (LOMA) price momentum from a technical perspective. As of 29 August, the RSI 9-day stood at 69.53%, suggesting the stock is Neutral, with a 22.73% historical volatility rate.
The stochastic %K and %D were 87.54% and 80.97% respectively, while the average true range (ATR) was 0.24. Based on the 14-day stochastic reading of 86.84%, the RSI (14) reading is 61.61%. On the 9-day MACD Oscillator, the stock is at 0.17, and the 14-day reading is at 0.26.
Analyst Ratings
In its most recent analyst report, Morgan Stanley raised its rating on Loma Negra Compania Industrial Argentina Sociedad Anonima (NYSE: LOMA) to an Equal-weight. Prior to this, analysts firm rated the stock as an Underweight. Analysts have assigned Loma Negra Compania Industrial Argentina Sociedad Anonima (LOMA) an Underweight rating. LOMA is a stock that is recommended for selling by 0 brokerage firms, while 1 companies recommend holding. The stock is underweighted by 1 analyst. Among the analysts who rate the stock, 0 rates it overweight and 0 others recommend it as a buy.
What is LOMA’s price target for the next 12 months?
The current consensus forecast for the stock is between $7.10 and $7.70, with a median target price of $7.40. In analyzing these forecasts, the average price target given by analysts for Loma Negra Compania Industrial Argentina Sociedad Anonima (LOMA) is $7.40.
