ValuEngine Upgrades Loomis (OTCMKTS:LOIMF) to “Buy”

Loomis (OTCMKTS:LOIMF) was upgraded by stock analysts at ValuEngine from a “hold” rating to a “buy” rating in a report released on Wednesday, ValuEngine reports.

Shares of LOIMF opened at $15.86 on Wednesday. The company has a market capitalization of $1.19 billion, a P/E ratio of 6.86 and a beta of 0.43. Loomis has a one year low of $15.86 and a one year high of $36.20. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.17 and a current ratio of 1.27. The stock has a 50-day moving average price of $32.69 and a 200 day moving average price of $33.21.

Loomis (OTCMKTS:LOIMF) last issued its quarterly earnings results on Wednesday, February 5th. The company reported $0.56 EPS for the quarter. The firm had revenue of $556.01 million during the quarter. Loomis had a return on equity of 17.97% and a net margin of 7.81%.

Loomis Company Profile

Loomis AB (publ) provides solutions for the handling, storage, and recycling of cash and other valuables. The company offers a range of solutions for cash in transit, cash management services, and international valuables logistics. It serves banks, retailers, and commercial enterprises, as well as public sector.

Read More: What is the Rule of 72?

To view ValuEngine’s full report, visit ValuEngine’s official website.

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