The stock price of LyondellBasell Industries NV (NYSE: LYB) has plunged by -1.17 when compared to previous closing price of 83.20, but the company has seen a -1.64% decline in its stock price over the last five trading sessions. 247wallst.com reported 2024-11-17 that Key Points Yields have drifted higher since the Federal Reserve cut rates in September.
Is It Worth Investing in LyondellBasell Industries NV (NYSE: LYB) Right Now?
The price-to-earnings ratio for LyondellBasell Industries NV (NYSE: LYB) is above average at 12.52x. The 36-month beta value for LYB is also noteworthy at 1.06. There are mixed opinions on the stock, with 5 analysts rating it as a “buy,” 6 rating it as “overweight,” 15 rating it as “hold,” and 2 rating it as “sell.”
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The public float for LYB is 258.79M, and at present, short sellers hold a 1.81% of that float. The average trading volume of LYB on November 19, 2024 was 2.10M shares.
LYB’s Market Performance
The stock of LyondellBasell Industries NV (LYB) has seen a -1.64% decrease in the past week, with a -8.37% drop in the past month, and a -15.15% fall in the past quarter. The volatility ratio for the week is 1.37%, and the volatility levels for the past 30 days are at 1.74% for LYB. The simple moving average for the past 20 days is -3.91% for LYB’s stock, with a -14.58% 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 -9.31% 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 -23.16% of loss for the given period.
Volatility was left at 1.74%, however, over the last 30 days, the volatility rate increased by 1.37%, as shares sank -8.12% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.31% lower at present.
During the last 5 trading sessions, LYB fell by -1.63%, which changed the moving average for the period of 200-days by -11.71% in comparison to the 20-day moving average, which settled at $85.58. In addition, LyondellBasell Industries NV saw -13.51% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at LYB starting from Friedrichs Dale D, who sale 4,970 shares at the price of $96.78 back on Aug 20 ’24. After this action, Friedrichs Dale D now owns 34,220 shares of LyondellBasell Industries NV, valued at $480,997 using the latest closing price.
DALE FRIEDRICHS, the Officer of LyondellBasell Industries NV, proposed sale 4,970 shares at $96.78 during a trade that took place back on Aug 20 ’24, which means that DALE FRIEDRICHS is holding shares at $480,997 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 0.05. The total capital return value is set at 0.09. Equity return is now at value 16.01, with 5.81 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 0.3. The debt to equity ratio resting at 0.82. The interest coverage ratio of the stock is 5.57.
Currently, EBITDA for the company is 4.72 billion with net debt to EBITDA at 2.09. When we switch over and look at the enterprise to sales, we see a ratio of 0.89. The receivables turnover for the company is 10.52for trailing twelve months and the total asset turnover is 1.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 2.13.
Conclusion
In summary, LyondellBasell Industries NV (LYB) has had a bad performance as of late. Analysts have bullish opinions on the stock, with some viewing it as a “buy” and others 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.
