Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (NYSE:LOMA) Given Average Recommendation of “Moderate Buy” by Brokerages

Loma Negra Compania Industrial Argentina S.A. Sponsored ADR (NYSE:LOMA) has been given a consensus rating of “Moderate Buy” by the five analysts that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1-year target price among analysts that have issued ratings on the stock in the last year is $14.80.

Separately, Weiss Ratings reiterated a “hold (c-)” rating on shares of Loma Negra Compania Industrial Argentina in a research report on Monday, December 29th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the stock. Capital International Investors boosted its position in shares of Loma Negra Compania Industrial Argentina by 0.4% in the fourth quarter. Capital International Investors now owns 4,668,387 shares of the company’s stock worth $60,456,000 after acquiring an additional 20,758 shares during the last quarter. Fourth Sail Capital LP increased its position in Loma Negra Compania Industrial Argentina by 1.4% during the fourth quarter. Fourth Sail Capital LP now owns 2,404,072 shares of the company’s stock worth $31,133,000 after purchasing an additional 32,148 shares during the last quarter. RWC Asset Management LLP increased its position in Loma Negra Compania Industrial Argentina by 36.8% during the fourth quarter. RWC Asset Management LLP now owns 1,965,612 shares of the company’s stock worth $25,455,000 after purchasing an additional 529,153 shares during the last quarter. Aberdeen Group plc raised its stake in Loma Negra Compania Industrial Argentina by 16.6% during the third quarter. Aberdeen Group plc now owns 1,201,100 shares of the company’s stock worth $9,044,000 after purchasing an additional 171,210 shares during the period. Finally, PointState Capital LP raised its stake in Loma Negra Compania Industrial Argentina by 245.3% during the fourth quarter. PointState Capital LP now owns 1,130,732 shares of the company’s stock worth $14,643,000 after purchasing an additional 803,289 shares during the period. Institutional investors and hedge funds own 19.32% of the company’s stock.

Loma Negra Compania Industrial Argentina Price Performance

Shares of LOMA opened at $9.85 on Monday. Loma Negra Compania Industrial Argentina has a fifty-two week low of $7.04 and a fifty-two week high of $14.17. The stock has a fifty day moving average of $11.59 and a two-hundred day moving average of $10.53. The company has a current ratio of 1.44, a quick ratio of 0.48 and a debt-to-equity ratio of 0.15.

Loma Negra Compania Industrial Argentina (NYSE:LOMA) last posted its quarterly earnings data on Thursday, March 5th. The company reported $0.04 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.15 by ($0.11). The business had revenue of $155.17 million for the quarter, compared to analyst estimates of $231.54 million. Loma Negra Compania Industrial Argentina had a return on equity of 2.25% and a net margin of 2.97%. Equities research analysts forecast that Loma Negra Compania Industrial Argentina will post 1.25 earnings per share for the current fiscal year.

Loma Negra Compania Industrial Argentina Company Profile

Loma Negra Compañía Industrial Argentina SA is the leading cement producer in Argentina, with a history dating back to its founding in Buenos Aires in 1926. The company operates an integrated network of cement and lime plants, as well as quarries and ready-mix concrete facilities. Its operations encompass the extraction of limestone, the production of clinker, hydraulic cement and quicklime, and the distribution of aggregates and concrete for a wide range of construction projects.

The company’s product portfolio serves residential, commercial, industrial and public infrastructure markets across Argentina.