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NYSE:LYB

LyondellBasell Industries (LYB) Stock Price, News & Analysis

$97.26
+0.66 (+0.68%)
(As of 07/26/2024 ET)
Today's Range
$96.35
$97.55
50-Day Range
$92.85
$100.14
52-Week Range
$88.46
$107.02
Volume
1.11 million shs
Average Volume
1.79 million shs
Market Capitalization
$31.67 billion
P/E Ratio
15.03
Dividend Yield
5.51%
Price Target
$105.17

LyondellBasell Industries MarketRank™ Stock Analysis

Analyst Rating
Hold
2.29 Rating Score
Upside/​Downside
8.1% Upside
$105.17 Price Target
Short Interest
Healthy
1.55% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-6.09
Upright™ Environmental Score
News Sentiment
1.10mentions of LyondellBasell Industries in the last 14 days
Based on 10 Articles This Week
Insider Trading
N/A
Proj. Earnings Growth
16.51%
From $8.30 to $9.67 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.69 out of 5 stars

Basic Materials Sector

18th out of 175 stocks

Industrial Organic Chemicals Industry

1st out of 17 stocks

LYB stock logo

About LyondellBasell Industries Stock (NYSE:LYB)

LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins and PolyolefinsAmericas; Olefins and PolyolefinsEurope, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology. It produces and markets olefins and co-products, polyethylene, and polypropylene; and propylene oxide and derivatives; oxyfuels and related products; and intermediate chemicals, such as styrene monomer, acetyls, ethylene oxide, and ethylene glycol. In addition, the company produce and markets compounding and solutions including polypropylene compounds, engineered plastics, masterbatches, engineered composites, colors and powders, and advanced polymers including catalloy and polybutene-1; and refines heavy, high-sulfur crude oil and other crude oils, as well as refined products, including gasoline and distillates. Further, it develops and licenses chemical and polyolefin process technologies; manufactures and sells polyolefin catalysts; and serves food packaging, home furnishings, automotive components, and paints and coatings applications. LyondellBasell Industries N.V. was incorporated in 2009 and is headquartered in Houston, Texas.

LYB Stock Price History

LYB Stock News Headlines

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Company Calendar

Last Earnings
4/26/2024
Ex-Dividend for 6/10 Dividend
6/03/2024
Dividend Payable
6/10/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/02/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Industrial organic chemicals
Sub-Industry
Commodity Chemicals
CUSIP
N5374510
Employees
20,000
Year Founded
2009

Price Target and Rating

Average Stock Price Target
$105.17
High Stock Price Target
$117.00
Low Stock Price Target
$85.00
Potential Upside/Downside
+8.5%
Consensus Rating
Hold
Rating Score (0-4)
2.29
Research Coverage
14 Analysts

Profitability

Net Income
$2.12 billion
Pretax Margin
6.33%

Debt

Sales & Book Value

Annual Sales
$41.11 billion
Cash Flow
$13.75 per share
Book Value
$39.91 per share

Miscellaneous

Free Float
325,264,000
Market Cap
$31.56 billion
Optionable
Optionable
Beta
1.09

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Should I Buy LyondellBasell Industries Stock? LYB Pros and Cons Explained

Pros

Here are some ways that investors could benefit from investing in LyondellBasell Industries:

  • LyondellBasell Industries has a current dividend yield of 5.60%, providing investors with a steady income stream relative to the stock price.
  • The company reported strong quarterly earnings, beating analysts' estimates by $0.17 per share, indicating robust financial performance.
  • LyondellBasell Industries has a relatively low PE ratio of 14.82, suggesting the stock may be undervalued compared to its earnings.
  • Recent analyst ratings show a mix of hold and buy recommendations, indicating confidence in the company's future growth potential.
  • The company's market cap of $31.19 billion reflects its position as a significant player in the specialty chemicals industry, offering stability to investors.

Cons

Investors should be bearish about investing in LyondellBasell Industries for these reasons:

  • The stock price of LyondellBasell Industries has been fluctuating around the $95-$100 range, potentially indicating uncertainty or lack of significant upward momentum.
These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, July 1, 2024. Please send any questions or comments about these LyondellBasell Industries pros and cons to contact@marketbeat.com.

LYB Stock Analysis - Frequently Asked Questions

How have LYB shares performed this year?

LyondellBasell Industries' stock was trading at $95.08 at the beginning of 2024. Since then, LYB shares have increased by 2.3% and is now trading at $97.26.
View the best growth stocks for 2024 here
.

How were LyondellBasell Industries' earnings last quarter?

LyondellBasell Industries (NYSE:LYB) released its quarterly earnings results on Friday, April, 26th. The specialty chemicals company reported $1.53 EPS for the quarter, topping analysts' consensus estimates of $1.36 by $0.17. The business's quarterly revenue was down 3.1% on a year-over-year basis.
Read the conference call transcript
.

What is Bhavesh V. “Bob” Patel's approval rating as LyondellBasell Industries' CEO?

136 employees have rated LyondellBasell Industries Chief Executive Officer Bhavesh V. “Bob” Patel on Glassdoor.com. Bhavesh V. “Bob” Patel has an approval rating of 92% among the company's employees. This puts Bhavesh V. “Bob” Patel in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Does LyondellBasell Industries have any subsidiaries?

The following companies are subsidiaries of LyondellBasell Industries: A. Schulman, Zylog Plastalloys, SJS Plastiblends, Solvay Engineered Polymers, Millennium Chemicals, ARCO Chemical, Rexene - LDPE and PP Businesses, and more.

Who are LyondellBasell Industries' major shareholders?

Top institutional investors of LyondellBasell Industries include AustralianSuper Pty Ltd (0.65%), Bank of New York Mellon Corp (0.57%), Raymond James & Associates (0.28%) and Sumitomo Mitsui Trust Holdings Inc. (0.23%). Insiders that own company stock include Ai Investments Holdings Llc, Kenneth Todd Lane, Michael C Mcmurray, Jeffrey A Kaplan, Chukwuemeka A Oyolu, Robin WT Buchanan, Jagjeet S Bindra and Anthony R Chase.
View institutional ownership trends
.

How do I buy shares of LyondellBasell Industries?

Shares of LYB stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of LyondellBasell Industries own?

Based on aggregate information from My MarketBeat watchlists, some other companies that LyondellBasell Industries investors own include AT&T (T), Pfizer (PFE), Exxon Mobil (XOM), AbbVie (ABBV), Chevron (CVX), Verizon Communications (VZ) and Johnson & Johnson (JNJ).

This page (NYSE:LYB) was last updated on 7/26/2024 by MarketBeat.com Staff

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