At the last check on Monday, LyondellBasell Industries N.V.’s (NYSE:LYB) stock was down -$0.72, moving down -0.75 percent to $95.71. The average number of shares traded per day over the past five days has been 2,261,160 shares. 2 times new highs have been achieved over the past 5 days, with a -$2.66 fall in that time frame. In the last twenty days, the average volume was 2,175,325, while in the previous 50 days, it was 2,068,590.
Since last month, LYB stock rose 7.27%. Shares of the company fell to $87.91 on 07/06/23, the lowest level in the past month. A 52-week high of $101.30 was reached on 02/13/23 after having rallying from a 52-week low of $71.46. Since the beginning of this year, LYB’s stock price has risen by 15.27% or $12.68, and marked a new high 14 times. However, the stock has declined by -5.52% since its 52-week high.
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LYB stock investors should be aware that LyondellBasell Industries N.V. (LYB) stock had its last reported insider trading activity 102 days ago on Apr 25. CHASE ANTHONY R, the Director of the company, disposed of 1 shares for $91.36 on Apr 25. It resulted in a $91 divestment by the insider. Kaplan Jeffrey A sold 10,000 shares at an average price of $98.99 on Feb 07. The insider now owns 47,600 shares following the transaction. On Dec 31, SVP, Global Business Services Sharma Anup sold 1,713 shares at $84.91 apiece. The transaction was valued at $145,454.
Valuation Metrics
Right now, LyondellBasell Industries N.V. (LYB) has a P/E ratio of about 10.26. The stock’s beta is 1.21. Besides these, the trailing price-to-sales (P/S) ratio of 0.65, the price-to-book (PB) ratio of 2.45, and the price-to-cash flow ratio of 786.49 may also be considered.
The latest dividend of $1.25 per share was paid out, which is 5.04% more than last year’s $1.19. On Friday May 19 2023, a $0.06 dividend increase was announced.
Financial Health
In the three months ended March 30, LyondellBasell Industries N.V.’s quick ratio stood at 1.10, while its current ratio was 1.80, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending March 30 was 0.83, and the total debt-to-equity ratio was 0.89. On the profitability front, the trailing twelve-month gross margin is 12.50% percent. In the year ended March 30, EBITDA margin amounted to 12.71%, whereas operating margins totaled 8.70%. Based on annual data, LYB earned $6.6 billion in gross profit and brought in $50.45 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 17.60%. Return on equity (ROE) for the past 12 months was 24.40%.
In LyondellBasell Industries N.V.’s quarter-end financial report for March 30, it reported total debt of $10.6 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. LYB’s revenue fell -28.4% to $10.21 billion during the quarter, while net income inched up to $10.25 billion. While analysts expected LyondellBasell Industries N.V. to report $1.74 quarterly earnings, the actual figure was $2.51 per share, beating the consensus estimate by 44.30%. During the quarter, the company generated $1.11 billion in EBITDA. The liabilities of LyondellBasell Industries N.V. were 23.52 billion at the end of its most recent quarter ended March 30, and its total debt was $13.1 billion. The value of shareholders’ equity is $325.27 million.
Technical Picture
This quick technical analysis looks at LyondellBasell Industries N.V.’s (LYB) price momentum. With a historical volatility rate of 22.75%, the RSI 9-day stood at 56.36% on 04 August.
With respect to its five-day moving average, the current LyondellBasell Industries N.V. price is down by -2.70% percent or -$2.66. At present, LYB shares trade +5.76% above its 20-day simple moving average and +10.29% percent above its 100-day simple moving average. However, the stock is currently trading approximately +5.49% above its SMA50 and +22.20% above its SMA200.
Stochastic coefficient K was 66.45% and Stochastic coefficient D was 74.45%, while ATR was 2.00. Given the Stochastic reading of 61.66% for the 14-day period, the RSI (14) reading has been calculated as 57.88%. As of today, the MACD Oscillator reading stands at -0.41, while the 14-day reading stands at 1.52.
Analyst Ratings
Citigroup launched its rating on LyondellBasell Industries N.V. (NYSE: LYB) to a Neutral in a note to investors on June 14, 2023. LyondellBasell Industries N.V. (LYB) has been rated Hold by analysts. According to 2 brokerage firms, LYB is a sell, and 14 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 1 analyst rate LyondellBasell Industries N.V. stock as buy, with 7 recommending it as overweight.
With a median target price of $95.50, the current consensus forecast for the stock is $80.00 – $121.00. Based on these forecasts, analysts predict LyondellBasell Industries N.V. (LYB) will achieve an average price target of $98.36.
