LyondellBasell Industries NV (NYSE: LYB) has a higher price-to-earnings ratio of 13.54x compared to its average ratio, The 36-month beta value for LYB is at 1.07. Analysts have varying views on the stock, with 5 analysts rating it as a “buy,” 2 rating it as “overweight,” 15 as “hold,” and 2 as “sell.”
The public float for LYB is 259.16M, and currently, shorts hold a 1.58% of that float. The average trading volume for LYB on August 15, 2024 was 1.55M shares.
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LYB) stock’s latest price update
The stock price of LyondellBasell Industries NV (NYSE: LYB) has plunged by -0.46 when compared to previous closing price of 96.63, but the company has seen a 1.42% gain in its stock price over the last five trading sessions. zacks.com reported 2024-08-12 that The Hostacom foaming material is developed with cutting-edge LyondellBasell (LYB) catalyst technology, which improves the rheology of the PP polymer matrix.
LYB’s Market Performance
LyondellBasell Industries NV (LYB) has experienced a 1.42% rise in stock performance for the past week, with a -1.61% drop in the past month, and a -5.25% drop in the past quarter. The volatility ratio for the week is 1.70%, and the volatility levels for the past 30 days are at 2.11% for LYB. The simple moving average for the last 20 days is -0.46% for LYB stock, with a simple moving average of -0.76% 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 0.47% 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 -10.12% of loss for the given period.
Volatility was left at 2.11%, however, over the last 30 days, the volatility rate increased by 1.70%, as shares sank -2.58% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.72% upper at present.
During the last 5 trading sessions, LYB rose by +1.42%, which changed the moving average for the period of 200-days by +7.04% in comparison to the 20-day moving average, which settled at $96.50. In addition, LyondellBasell Industries NV saw 1.17% 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 had a mixed performance lately. Opinion on the stock among analysts is bullish, with some giving it a “buy” rating and others 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.
