Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) Receives Average Recommendation of “Hold” from Brokerages

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) has been given an average rating of “Hold” by the five research firms that are covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $6.00.

Several analysts recently weighed in on the company. Itau BBA Securities raised Loma Negra Compañía Industrial Argentina Sociedad Anónima from a “market perform” rating to an “outperform” rating in a report on Thursday, May 6th. TheStreet raised Loma Negra Compañía Industrial Argentina Sociedad Anónima from a “c” rating to a “b-” rating in a report on Monday, March 15th. Finally, Zacks Investment Research raised Loma Negra Compañía Industrial Argentina Sociedad Anónima from a “sell” rating to a “hold” rating in a report on Wednesday, January 13th.

Shares of NYSE LOMA traded up $0.01 during midday trading on Thursday, reaching $5.92. 131,666 shares of the company’s stock were exchanged, compared to its average volume of 281,719. Loma Negra Compañía Industrial Argentina Sociedad Anónima has a 52-week low of $3.54 and a 52-week high of $6.69. The stock has a market capitalization of $705.69 million, a PE ratio of 5.80 and a beta of 1.50. The company has a debt-to-equity ratio of 0.07, a quick ratio of 0.52 and a current ratio of 0.83. The business’s fifty day moving average price is $6.05 and its two-hundred day moving average price is $5.67.

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) last announced its quarterly earnings data on Wednesday, March 10th. The company reported $0.32 earnings per share for the quarter. The firm had revenue of $166.03 million during the quarter. Loma Negra Compañía Industrial Argentina Sociedad Anónima had a return on equity of 11.72% and a net margin of 22.51%. Analysts predict that Loma Negra Compañía Industrial Argentina Sociedad Anónima will post 0.31 earnings per share for the current fiscal year.

An institutional investor recently raised its position in Loma Negra Compañía Industrial Argentina Sociedad Anónima stock. FMR LLC lifted its holdings in shares of Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) by 22.4% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 113,143 shares of the company’s stock after buying an additional 20,680 shares during the period. FMR LLC owned approximately 0.09% of Loma Negra Compañía Industrial Argentina Sociedad Anónima worth $1,239,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 27.54% of the company’s stock.

Loma Negra Compañía Industrial Argentina Sociedad Anónima Company Profile

Loma Negra Compañía Industrial Argentina Sociedad Anónima, together with its subsidiaries, manufactures and sells cement and its derivatives in Argentina. The company operates through Cement, Masonry Cement and Lime; Concrete; Rail Services; Aggregates; and Others segments. It offers masonry cement, aggregates, ready-mix concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction.

Further Reading: Dividend Reinvestment Plan (DRIP)

Receive News & Ratings for Loma Negra Compañía Industrial Argentina Sociedad Anónima Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Loma Negra Compañía Industrial Argentina Sociedad Anónima and related companies with MarketBeat.com's FREE daily email newsletter.