Streetbeat News

LOMA

Loma Negra Compañía Industrial Argentina Sociedad Anónima

https://www.lomanegra.com

Industry

Construction Materials

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, concrete, and lime to wholesale distributors, concrete producers, industrial customers, and others for use in the construction. The company also provides rail transportation services; and treats and recycles industrial waste for use as fuel. It markets its products under the Loma Negra, San Martín, Plasticor, Cacique Plus, Cacique Max, Loma Negra Plus, and Lomax brands. The company was founded in 1926 and is based in Buenos Aires, Argentina. Loma Negra Compañía Industrial Argentina Sociedad Anónima is a subsidiary of InterCement Trading e Inversiones S.A.

Open

10.43

Mkt cap

1.5B

Volume

1.2M

High

10.69

P/E Ratio

17.18

52-wk high

11.39

Low

10.31

Div yield

N/A

52-wk low

5.70

Loma Negra Compañía Industrial Argentina Sociedad Anónima (NYSE:LOMA) held its Q3 2024 earnings call on November 7, 2024. Key participants included Diego Jalón, Sergio Faifman, and Marcos Gradin. The call was attended by analysts from Latin Securities, Itau BBA, Balanz, and Bank of America.

Portfolio Pulse from

November 09, 2024 | 4:15 pm

Loma Negra Cia Industria (NYSE:LOMA) reported a significant increase in Q1 GAAP EPS to $0.52 from $0.24 YoY, with sales of $137.82M surpassing the $134.44M estimate. However, this represents a 34.99% decrease in sales compared to the same period last year.

Portfolio Pulse from Benzinga Newsdesk

May 09, 2024 | 9:48 pm

Loma Negra's stock price increased following an upgrade by B of A Securities from Underperform to Neutral, with a raised price target from $7.1 to $8.1.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 6:39 pm

B of A Securities analyst Carlos Peyrelongue upgrades Loma Negra Cia Industria (LOMA) from Underperform to Neutral and raises the price target from $7.1 to $8.1.

Portfolio Pulse from Benzinga Newsdesk

April 08, 2024 | 4:41 pm

UBS analyst Alberto Valerio downgraded Loma Negra Cia Industria (LOMA) from Neutral to Sell and reduced the price target from $6 to $5.

Portfolio Pulse from Benzinga Newsdesk

April 04, 2024 | 7:04 pm

The article identifies five value stocks in the basic materials sector based on their low price-to-earnings (P/E) multiples, suggesting they may be undervalued. The stocks are Loma Negra Cia Industria (LOMA), Cementos Pacasmayo (CPAC), Vale (VALE), Steel Dynamics (STLD), and Gerdau (GGB). It provides recent earnings per share (EPS) data and dividend yield changes for these companies, indicating their financial performance and investor returns.

Portfolio Pulse from Benzinga Insights

December 08, 2023 | 2:39 pm

Benzinga Insights has identified five value stocks in the basic materials sector based on low P/E multiples, indicating potential undervaluation. The stocks include Warrior Met Coal (HCC), Boise Cascade (BCC), Celanese (CE), Loma Negra Cia Industria (LOMA), and Origin Mat (ORGN). HCC reported increased Q3 EPS and a slight decrease in dividend yield. BCC experienced a slight decrease in EPS, while CE reported increased EPS and a minor increase in dividend yield. LOMA and ORGN both reported significant increases in their Q3 EPS.

Portfolio Pulse from Benzinga Insights

November 24, 2023 | 2:38 pm

In Monday's pre-market session, several stocks are showing significant gains. YPF Sociedad Anónima, Pampa Energía S.A., and Transportadora de Gas del Sur S.A. are among the top gainers, with increases of over 12%. Other notable gainers include Grupo Financiero Galicia S.A., Central Puerto S.A., Telecom Argentina S.A., Loma Negra Compañía, and Banco BBVA Argentina S.A. HireRight Holdings Corporation and NIO Inc. also saw substantial pre-market increases. Microsoft Corporation's pre-market gain is attributed to the hiring of OpenAI co-founders to lead a new AI research team.

Portfolio Pulse from Lisa Levin

November 20, 2023 | 11:25 am

Benzinga Insights has identified Mosaic (MOS), Loma Negra Cia Industria (LOMA), Gerdau (GGB), ICL Group (ICL), and Origin Mat (ORGN) as value stocks in the basic materials sector based on their low P/E ratios. Mosaic and ICL Group reported decreased earnings per share in Q3 compared to Q2, while Loma Negra, Gerdau, and Origin Mat reported increases. Dividend yields have increased for Mosaic, Gerdau, and ICL Group.

Portfolio Pulse from Benzinga Insights

November 17, 2023 | 2:38 pm

UBS analyst Alberto Valerio has maintained a Neutral rating on Loma Negra Cia Industria (NYSE:LOMA) and reduced the price target from $7.5 to $6.

Portfolio Pulse from Benzinga Newsdesk

November 16, 2023 | 6:24 pm

All corporate logos and prices are for illustrative purposes only and are not a recommendation, an offer to sell, or a solicitation of an offer to buy any security.