Now Is The Time To Build A Position In Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE:LOMA)

Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE:LOMA)’s traded shares stood at 0.32 million during the last session, with the company’s beta value hitting 1.15. At the close of trading, the stock’s price was $10.01, to imply an increase of 10.00% or $0.91 in intraday trading. The LOMA share’s 52-week high remains $13.79, putting it -37.76% down since that peak but still an impressive 43.06% since price per share fell to its 52-week low of $5.70. The company has a valuation of $1.19B, with an average of 0.39 million shares in intraday trading volume over the past 10 days and average of 409.36K shares over the past 3 months.

Analysts have given a consensus recommendation of Hold for Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA), translating to a mean rating of 2.33. Of 2 analyst(s) looking at the stock, 1 analyst(s) give LOMA a Sell rating. 0 of those analysts rate the stock as Overweight while 1 advise Hold as 0 recommend it as a Buy. 0 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at 0.

Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE:LOMA) trade information

After registering a 10.00% upside in the last session, Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA) has traded red over the past five days. The 5-day price performance for the stock is 1.62%, and -2.72% over 30 days. With these gigs, the year-to-date price performance is -16.16%. Short interest in Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE:LOMA) saw shorts transact 0.86 million shares and set a 2.07 days time to cover.

The extremes give us $8.1 and $8.1 for target low and target high price respectively. As such, LOMA has been trading 19.08% off suggested target high and 19.08% from its likely low.

Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA) estimates and forecasts

The rating firms project that company’s revenue will grow 13.15% compared to the previous financial year.

An assessment of the company’s 5-year growth patterns shows that annual earnings grew an estimated 9.65% for the past 5-year period. While 2025 is set for a 255.33% return in earnings, projections for the next 5 years are at 78.56% annually.

LOMA Dividends

Loma Negra Compania Industrial Argentina Sociedad Anonima ADR has its next earnings report out on 2024-Aug-08. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too.

Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (NYSE:LOMA)’s Major holders

In total, 18.82% institutions holds shares in the company, led by CAPITAL INTERNATIONAL INVESTORS. As of 2024-06-30, the company held over 7.67 million shares (or 1.3149% of shares), all amounting to roughly $51.86 million.

The next major institution holding the largest number of shares is REDWOOD CAPITAL MANAGEMENT, LLC with 4.49 million shares, or about 0.7696% of shares outstanding. As of the market price on 2024-06-30, these shares were worth $30.36 million.

We also have New World Fund Inc and GLOBAL X FUNDS-Global X MSCI Argentina ETF as the top two Mutual Funds with the largest holdings of the Loma Negra Compania Industrial Argentina Sociedad Anonima ADR (LOMA) shares. Going by data provided on Jan 31, 2025 , New World Fund Inc holds roughly 3.98 shares. This is just over 34.13% of the total shares, with a market valuation of $39.87 million. Data from the same date shows that the other fund manager holds a little less at 1.53, or 13.08% of the shares, all valued at about 15.27 million.