LyondellBasell Industries NV (NYSE: LYB) has a price-to-earnings ratio of 13.45x that is above its average ratio. Additionally, the 36-month beta value for LYB is 1.07. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 15 rating it as “hold,” and 2 rating it as “sell.”
The public float for LYB is 259.16M and currently, short sellers hold a 1.56% ratio of that float. The average trading volume of LYB on August 07, 2024 was 1.60M shares.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
LYB) stock’s latest price update
The stock of LyondellBasell Industries NV (NYSE: LYB) has increased by 3.24 when compared to last closing price of 92.56. Despite this, the company has experienced a -2.75% fall in its stock price over the last five trading sessions. seekingalpha.com reported 2024-08-05 that LyondellBasell Industries operates as a chemical company in the US and internationally. Our updated two-stage dividend discount model values LYB stock at $136, significantly above the current price. A set of traditional price multiples also indicates undervaluation. Quarterly earnings show growth and commitment to returning value shareholders.
LYB’s Market Performance
LyondellBasell Industries NV (LYB) has experienced a -2.75% fall in stock performance for the past week, with a 1.18% rise in the past month, and a -4.19% drop in the past quarter. The volatility ratio for the week is 2.71%, and the volatility levels for the past 30 days are at 2.09% for LYB. The simple moving average for the past 20 days is -0.74% for LYB’s stock, with a -1.28% simple moving average for the past 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 -0.45% 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 -10.71% of loss for the given period.
Volatility was left at 2.09%, however, over the last 30 days, the volatility rate increased by 2.71%, as shares surge +2.53% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.91% lower at present.
During the last 5 trading sessions, LYB fell by -2.75%, which changed the moving average for the period of 200-days by +2.19% in comparison to the 20-day moving average, which settled at $96.39. In addition, LyondellBasell Industries NV saw 0.50% 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
- 0.13 for the gross margin
The net margin for LyondellBasell Industries NV stands at 0.06. The total capital return value is set at 0.09. Equity return is now at value 17.63, with 6.31 for asset returns.
Based on LyondellBasell Industries NV (LYB), the company’s capital structure generated 0.45 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 0.83. The interest coverage ratio of the stock is 972.33.
Currently, EBITDA for the company is 5.16 billion with net debt to EBITDA at 2.27. When we switch over and look at the enterprise to sales, we see a ratio of 0.98. The receivables turnover for the company is 10.29for 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 2.10.
Conclusion
In conclusion, LyondellBasell Industries NV (LYB) has seen mixed performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
