Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (LOMA) Outperforms Broader Market: What You Need to Know
Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (LOMA) closed at $5.91 in the latest trading session, marking a +1.2% move from the prior day. This change outpaced the S&P 500's 0.73% gain on the day. At the same time, the Dow added 0.62%, and the tech-heavy Nasdaq gained 0.93%.
The the stock of company has fallen by 0.51% in the past month, leading the Construction sector's loss of 5.55% and the S&P 500's loss of 2.29%.
The upcoming earnings release of Loma Negra Compania Industrial Argentina S.A. Sponsored ADR will be of great interest to investors.
Looking at the full year, the Zacks Consensus Estimates suggest analysts are expecting earnings of $0.93 per share and revenue of $863.9 million. These totals would mark changes of +615.38% and -1.26%, respectively, from last year.
Furthermore, it would be beneficial for investors to monitor any recent shifts in analyst projections for Loma Negra Compania Industrial Argentina S.A. Sponsored ADR. These recent revisions tend to reflect the evolving nature of short-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the company's business performance and profit potential.
Our research shows that these estimate changes are directly correlated with near-term stock prices. To utilize this, we have created the Zacks Rank, a proprietary model that integrates these estimate changes and provides a functional rating system.
The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Loma Negra Compania Industrial Argentina S.A. Sponsored ADR is holding a Zacks Rank of #3 (Hold) right now.
Digging into valuation, Loma Negra Compania Industrial Argentina S.A. Sponsored ADR currently has a Forward P/E ratio of 6.28. This signifies a discount in comparison to the average Forward P/E of 6.79 for its industry.
Investors should also note that LOMA has a PEG ratio of 0.14 right now. This metric is used similarly to the famous P/E ratio, but the PEG ratio also takes into account the stock's expected earnings growth rate. By the end of yesterday's trading, the Building Products - Home Builders industry had an average PEG ratio of 0.66.
The Building Products - Home Builders industry is part of the Construction sector. With its current Zacks Industry Rank of 54, this industry ranks in the top 22% of all industries, numbering over 250.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
You can find more information on all of these metrics, and much more, on Zacks.com.
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Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (LOMA) : Free Stock Analysis Report
