A share price of LyondellBasell Industries NV [LYB] is currently trading at $74.80, down -0.85%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The LYB shares have lost -2.16% over the last week, with a monthly amount drifted -10.10%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Previously, JP Morgan upgraded its rating to Overweight on February 05, 2024, and elevated its price target to $100. On January 10, 2024, downgrade downgraded it’s rating to Hold but maintained its price target of $105 on the stock. Vertical Research upgraded its rating to a Buy. Citigroup downgraded its rating to a Neutral and reduced its price target to $98 on December 13, 2023. BofA Securities upgraded its rating to Neutral for this stock on October 18, 2023, and upped its price target to $107. In a note dated October 04, 2023, Citigroup upgraded an Buy rating on this stock and boosted its target price from $104 to $106.
LyondellBasell Industries NV experienced fluctuations in its stock price throughout the past year between $74.60 and $107.02. Currently, Wall Street analysts expect the stock to reach $100.33 within the next 12 months. LyondellBasell Industries NV [NYSE: LYB] shares were valued at $74.80 at the most recent close of the market. An investor can expect a potential return of 34.13% based on the average LYB price forecast.
Analyzing the LYB fundamentals
Trailing Twelve Months sales for LyondellBasell Industries NV [NYSE:LYB] were 40.53B which represents -3.28% decline. Gross Profit Margin for this corporation currently stands at 0.13% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.06%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.06, Equity is 0.16 and Total Capital is 0.09. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.82.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 74.10 points at the first support level, and at 73.39 for the second support level. However, for the 1st resistance point, the stock is sitting at 76.17, and for the 2nd resistance point, it is at 77.53.
Ratios To Look Out For
To put it in perspective, the Current Ratio for LyondellBasell Industries NV [NYSE:LYB] is 2.13. As well, the Quick Ratio is 1.25, while the Cash Ratio is 0.44. Considering the valuation of this stock, the price to sales ratio is 0.60, the price to book ratio is 1.77 and price to earnings (TTM) ratio is 11.39.
Transactions by insiders
Recent insider trading involved Buchanan Robin W.T., Director, that happened on Dec 13 ’24 when 5000.0 shares were purchased. EVP, Ops Excellence, HSE, Friedrichs Dale D completed a deal on Aug 20 ’24 to sell 4970.0 shares. Meanwhile, Officer DALE FRIEDRICHS bought 4970.0 shares on Aug 20 ’24.
