The price-to-earnings ratio for LyondellBasell Industries NV (NYSE: LYB) is above average at 15.38x. The 36-month beta value for LYB is also noteworthy at 1.07. There are mixed opinions on the stock, with 7 analysts rating it as a “buy,” 1 rating it as “overweight,” 15 rating it as “hold,” and 1 rating it as “sell.”
The public float for LYB is 259.58M, and at present, short sellers hold a 1.55% of that float. The average trading volume of LYB on August 01, 2024 was 1.57M shares.
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LYB) stock’s latest price update
The stock price of LyondellBasell Industries NV (NYSE: LYB) has jumped by 1.22 compared to previous close of 98.26. Despite this, the company has seen a gain of 4.39% in its stock price over the last five trading days. zacks.com reported 2024-07-31 that LyondellBasell (LYB) is expected to have benefited from increased seasonal demand and lower energy costs in key regions in Q2.
LYB’s Market Performance
LYB’s stock has risen by 4.39% in the past week, with a monthly rise of 5.09% and a quarterly drop of -0.51%. The volatility ratio for the week is 1.98% while the volatility levels for the last 30 days are 1.77% for LyondellBasell Industries NV The simple moving average for the last 20 days is 3.65% for LYB’s stock, with a simple moving average of 2.81% for the last 200 days.
Analysts’ Opinion of LYB
JP Morgan, on the other hand, stated in their research note that they expect to see LYB reach a price target of $100, previously predicting the price at $95. The rating they have provided for LYB stocks is “Overweight” according to the report published on February 05th, 2024.
Deutsche Bank gave a rating of “Hold” to LYB, setting the target price at $105 in the report published on January 10th of the current year.
LYB Trading at 3.29% from the 50-Day Moving Average
After a stumble in the market that brought LYB to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -7.06% of loss for the given period.
Volatility was left at 1.77%, however, over the last 30 days, the volatility rate increased by 1.98%, as shares surge +4.77% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.44% lower at present.
During the last 5 trading sessions, LYB rose by +4.39%, which changed the moving average for the period of 200-days by +7.63% in comparison to the 20-day moving average, which settled at $96.18. In addition, LyondellBasell Industries NV saw 4.61% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LYB starting from Buchanan Robin W.T., who sale 18,111 shares at the price of $100.46 back on Mar 15 ’24. After this action, Buchanan Robin W.T. now owns 12,276 shares of LyondellBasell Industries NV, valued at $1,819,427 using the latest closing price.
McMurray Michael C., the EVP & CFO of LyondellBasell Industries NV, sale 16,940 shares at $100.84 during a trade that took place back on Mar 12 ’24, which means that McMurray Michael C. is holding 88,858 shares at $1,708,219 based on the most recent closing price.
Stock Fundamentals for LYB
Current profitability levels for the company are sitting at:
- 0.07 for the present operating margin
- 0.14 for the gross margin
The net margin for LyondellBasell Industries NV stands at 0.05. The total capital return value is set at 0.1. Equity return is now at value 16.48, with 5.81 for asset returns.
Based on LyondellBasell Industries NV (LYB), the company’s capital structure generated 0.46 points at debt to capital in total, while cash flow to debt ratio is standing at 0.39. The debt to equity ratio resting at 0.86. The interest coverage ratio of the stock is 12.66.
Currently, EBITDA for the company is 5.16 billion with net debt to EBITDA at 2.34. When we switch over and look at the enterprise to sales, we see a ratio of 1.03. The receivables turnover for the company is 9.92for trailing twelve months and the total asset turnover is 1.13. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.12.
Conclusion
In summary, LyondellBasell Industries NV (LYB) has had a better performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
