LyondellBasell Industries N.V. [NYSE: LYB] stock went on an upward path that rose over 1.44% on Wednesday, amounting to a one-week price increase of more than 6.53%. The company report on October 30, 2020 that LyondellBasell Industries NV to Host Earnings Call.
LyondellBasell Industries NV (NYSE:LYB) will be discussing their earnings results in their 2020 Third Quarter Earnings call to be held on October 30, 2020 at 11:00 AM Eastern Time.
To listen to the event live or access a replay of the call – visit https://www.investornetwork.com/event/presentation/69766.
Over the last 12 months, LYB stock dropped by -11.67%. The one-year LyondellBasell Industries N.V. stock forecast points to a potential downside of -4.05. The average equity rating for LYB stock is currently 2.50, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $26.62 billion, with 334.00 million shares outstanding and 255.40 million shares in the current float. Compared to the average trading volume of 2.21M shares, LYB stock reached a trading volume of 3017658 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on LyondellBasell Industries N.V. [LYB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LYB shares is $79.00 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on LYB stock is a recommendation set at 2.50. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.
Deutsche Bank have made an estimate for LyondellBasell Industries N.V. shares, keeping their opinion on the stock as Hold, with their previous recommendation back on November 13, 2020. The new note on the price target was released on November 13, 2020, representing the official price target for LyondellBasell Industries N.V. stock.
The Average True Range (ATR) for LyondellBasell Industries N.V. is set at 3.62, with the Price to Sales ratio for LYB stock in the period of the last 12 months amounting to 0.95. The Price to Book ratio for the last quarter was 3.76, with the Price to Cash per share for the same quarter was set at 8.71. Price to Free Cash Flow for LYB in the course of the last twelve months was 280.26 with Quick ratio for the last quarter at 1.40.
LYB Stock Performance Analysis:
LyondellBasell Industries N.V. [LYB] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 6.53. With this latest performance, LYB shares gained by 5.61% in over the last four-week period, additionally plugging by 36.41% over the last 6 months – not to mention a drop of -11.67% in the past year of trading.
Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for LYB stock in for the last two-week period is set at 60.00, with the RSI for the last a single of trading hit 63.24, and the three-weeks RSI is set at 58.21 for LyondellBasell Industries N.V. [LYB]. The present Moving Average for the last 50 days of trading for this stock 75.13, while it was recorded at 78.78 for the last single week of trading, and 66.44 for the last 200 days.
Insight into LyondellBasell Industries N.V. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and LyondellBasell Industries N.V. [LYB] shares currently have an operating margin of +12.28 and a Gross Margin at +15.72. LyondellBasell Industries N.V.’s Net Margin is presently recorded at +9.78.
Return on Total Capital for LYB is now 20.57, given the latest momentum, and Return on Invested Capital for the company is 17.15. Return on Equity for this stock inclined to 37.13, with Return on Assets sitting at 11.57. When it comes to the capital structure of this company, LyondellBasell Industries N.V. [LYB] has a Total Debt to Total Equity ratio set at 168.46. Additionally, LYB Total Debt to Total Capital is recorded at 62.75, with Total Debt to Total Assets ending up at 44.52. Long-Term Debt to Equity for the company is recorded at 159.50, with the Long-Term Debt to Total Capital now at 59.41.
Reflecting on the efficiency of the workforce at the company, LyondellBasell Industries N.V. [LYB] managed to generate an average of $177,906 per employee. Receivables Turnover for the company is 9.21 with a Total Asset Turnover recorded at a value of 1.18.LyondellBasell Industries N.V.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.40 and a Current Ratio set at 2.20.
LYB Stock EPS
With the latest financial reports released by the company, LyondellBasell Industries N.V. posted 1.92/share EPS, while the average EPS was predicted by analysts to be reported at 2.26/share. When compared, the two values demonstrate that the company fail the estimates by a Surprise Factor of -15.00%. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for LYB. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for LyondellBasell Industries N.V. go to -4.07%.
LyondellBasell Industries N.V. [LYB] Insider Position Details
There are presently around $18,883 million, or 75.20% of LYB stock, in the hands of institutional investors. The top three institutional holders of LYB stocks are: CAPITAL INTERNATIONAL INVESTORS with ownership of 31,483,343, which is approximately 2.923% of the company’s market cap and around 0.10% of the total institutional ownership; VANGUARD GROUP INC, holding 24,176,221 shares of the stock with an approximate value of $1.99 billion in LYB stocks shares; and BLACKROCK INC., currently with $1.79 billion in LYB stock with ownership of nearly -2.613% of the company’s market capitalization.
Positions in LyondellBasell Industries N.V. stocks held by institutional investors increased at the end of October and at the time of the October reporting period, where 321 institutional holders increased their position in LyondellBasell Industries N.V. [NYSE:LYB] by around 19,942,781 shares. Additionally, 343 investors decreased positions by around 17,669,576 shares, while 78 investors held positions by with 192,109,754 shares. The mentioned changes placed institutional holdings at 229,722,111 shares, according to the latest SEC report filing. LYB stock had 74 new institutional investments in for a total of 1,928,354 shares, while 76 institutional investors sold positions of 1,568,023 shares during the same period.