Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE: LOMA)’s stock price has decreased by -1.16 compared to its previous closing price of 11.66. However, the company has seen a 4.49% increase in its stock price over the last five trading sessions. seekingalpha.com reported 2024-11-09 that Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA ) Q3 2024 Results Conference Call November 7, 2024 11:00 AM ET Company Participants Diego Jalón – Head-Investor Relations Sergio Faifman – Chief Executive Officer Marcos Gradin – Chief Financial Officer Conference Call Participants Marina Mertens – Latin Securities Marcelo Furlan – Itau BBA Esteban Arietta – Balanz Daniel Rojas – Bank of America Operator Good morning, and welcome to the Loma Negra Third Quarter 2024 Conference Call and webcast. All participants will be in a listen-only mode.
Is It Worth Investing in Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE: LOMA) Right Now?
The price-to-earnings ratio for Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE: LOMA) is 14.12x, which is above its average ratio. Moreover, the 36-month beta value for LOMA is 1.31. Analysts have varying opinions on the stock, with 1 analysts rating it as a “buy,” 1 as “overweight,” 4 as “hold,” and 0 as “sell.”
The public float for LOMA is 119.20M and currently, short sellers hold a 0.45% of that float. On November 27, 2024, LOMA’s average trading volume was 635.25K shares.
LOMA’s Market Performance
LOMA’s stock has seen a 4.49% increase for the week, with a 27.07% rise in the past month and a 64.64% gain in the past quarter. The volatility ratio for the week is 6.84%, and the volatility levels for the past 30 days are at 4.53% for Loma Negra Compania Industrial Argentina Sociedad Anonima ADR The simple moving average for the past 20 days is 11.05% for LOMA’s stock, with a 53.03% simple moving average for the past 200 days.
Analysts’ Opinion of LOMA
UBS, on the other hand, stated in their research note that they expect to see LOMA reach a price target of $5, previously predicting the price at $6. The rating they have provided for LOMA stocks is “Sell” according to the report published on April 04th, 2024.
Morgan Stanley gave a rating of “Equal-Weight” to LOMA, setting the target price at $6 in the report published on August 27th of the previous year.
LOMA Trading at 24.80% from the 50-Day Moving Average
After a stumble in the market that brought LOMA to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.99% of loss for the given period.
Volatility was left at 4.53%, however, over the last 30 days, the volatility rate increased by 6.84%, as shares surge +27.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +32.07% upper at present.
During the last 5 trading sessions, LOMA rose by +4.53%, which changed the moving average for the period of 200-days by +85.37% in comparison to the 20-day moving average, which settled at $10.38. In addition, Loma Negra Compania Industrial Argentina Sociedad Anonima ADR saw 62.55% in overturn over a single year, with a tendency to cut further gains.
Stock Fundamentals for LOMA
Current profitability levels for the company are sitting at:
- 0.46 for the present operating margin
- 0.25 for the gross margin
The net margin for Loma Negra Compania Industrial Argentina Sociedad Anonima ADR stands at 0.14. The total capital return value is set at 0.27. Equity return is now at value 14.42, with 7.49 for asset returns.
Based on Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA), the company’s capital structure generated 0.21 points at debt to capital in total, while cash flow to debt ratio is standing at 0.64. The debt to equity ratio resting at 0.26. The interest coverage ratio of the stock is 3.59.
Currently, EBITDA for the company is 112.44 billion with net debt to EBITDA at 0.61. When we switch over and look at the enterprise to sales, we see a ratio of 2.63. The receivables turnover for the company is 9.39for trailing twelve months and the total asset turnover is 0.5. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.29.
Conclusion
To wrap up, the performance of Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
