Shares of Loma Negra Compania Indl Argentina SA (NYSE:LOMA) have been assigned a consensus recommendation of “Buy” from the nine brokerages that are presently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a sell recommendation, one has given a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $17.10.

A number of research firms have commented on LOMA. Zacks Investment Research upgraded Loma Negra Compania Indl Argentina from a “sell” rating to a “hold” rating in a research note on Wednesday, January 2nd. ValuEngine cut Loma Negra Compania Indl Argentina from a “hold” rating to a “sell” rating in a research note on Friday, February 15th.

Shares of NYSE:LOMA traded down $0.07 on Thursday, reaching $10.80. The company had a trading volume of 2,995 shares, compared to its average volume of 401,763. Loma Negra Compania Indl Argentina has a 52-week low of $6.36 and a 52-week high of $22.04. The company has a market capitalization of $1.28 billion, a PE ratio of 26.27 and a beta of -0.04. The company has a current ratio of 0.93, a quick ratio of 0.54 and a debt-to-equity ratio of 0.16.

Loma Negra Compania Indl Argentina (NYSE:LOMA) last announced its quarterly earnings results on Thursday, March 7th. The company reported $0.27 earnings per share (EPS) for the quarter. Loma Negra Compania Indl Argentina had a return on equity of 21.49% and a net margin of 8.82%. The business had revenue of $187.10 million for the quarter. Research analysts predict that Loma Negra Compania Indl Argentina will post 0.9 EPS for the current year.

Hedge funds have recently modified their holdings of the business. Nordea Investment Management AB raised its stake in shares of Loma Negra Compania Indl Argentina by 168.3% in the 4th quarter. Nordea Investment Management AB now owns 52,060 shares of the company’s stock valued at $579,000 after purchasing an additional 32,656 shares in the last quarter. Millennium Management LLC lifted its stake in Loma Negra Compania Indl Argentina by 146.9% in the fourth quarter. Millennium Management LLC now owns 167,949 shares of the company’s stock valued at $1,869,000 after buying an additional 99,920 shares in the last quarter. River & Mercantile Asset Management LLP lifted its stake in Loma Negra Compania Indl Argentina by 30.3% in the fourth quarter. River & Mercantile Asset Management LLP now owns 520,870 shares of the company’s stock valued at $5,805,000 after buying an additional 121,084 shares in the last quarter. Legal & General Group Plc lifted its stake in Loma Negra Compania Indl Argentina by 212.9% in the fourth quarter. Legal & General Group Plc now owns 44,197 shares of the company’s stock valued at $492,000 after buying an additional 30,072 shares in the last quarter. Finally, Amundi Pioneer Asset Management Inc. bought a new position in Loma Negra Compania Indl Argentina in the fourth quarter valued at approximately $347,000. 34.90% of the stock is currently owned by institutional investors.

Loma Negra Compania Indl Argentina Company Profile

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

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Analyst Recommendations for Loma Negra Compania Indl Argentina (NYSE:LOMA)

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