LyondellBasell Industries NV [NYSE: LYB] loss -0.34% on the last trading session, reaching $86.85 price per share at the time.
If compared to the average trading volume of 1.92M shares, LYB reached a trading volume of 3405772 in the most recent trading day, which is why market watchdogs consider the stock to be active.
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Here is what top equities market gurus are saying about LyondellBasell Industries NV [LYB]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for LYB shares is $104.24 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 2.48. 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.
Wolfe Research have made an estimate for LyondellBasell Industries NV shares, keeping their opinion on the stock as Underperform, with their previous recommendation back on March 01, 2024. While these analysts kept the previous recommendation, JP Morgan dropped their target price from $95 to $100. The new note on the price target was released on February 05, 2024, representing the official price target for LyondellBasell Industries NV stock. Previously, the target price had yet another raise to $105, while Deutsche Bank analysts kept a Hold rating on LYB stock.
The Average True Range (ATR) for LyondellBasell Industries NV is set at 1.41, with the Price to Sales ratio for LYB stock in the period of the last 12 months amounting to 0.69. The Price to Book ratio for the last quarter was 2.10, with the Price to Cash per share for the same quarter was set at 8.81. Price to Free Cash Flow for LYB in the course of the last twelve months was 11.03 with Quick ratio for the last quarter at 1.28.
Trading performance analysis for LYB stock
LyondellBasell Industries NV [LYB] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.85. With this latest performance, LYB shares dropped by -8.85% in over the last four-week period, additionally sinking by -12.08% over the last 6 months – not to mention a drop of -3.76% 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 24.11, with the RSI for the last a single of trading hit 15.82, and the three-weeks RSI is set at 30.23 for LyondellBasell Industries NV [LYB]. The present Moving Average for the last 50 days of trading for this stock 93.75, while it was recorded at 87.28 for the last single week of trading, and 96.90 for the last 200 days.
LyondellBasell Industries NV [LYB]: A deeper dive into fundamental analysis
LyondellBasell Industries NV’s liquidity data is similarly interesting compelling, with a Quick Ratio of 1.28 and a Current Ratio set at 2.10.
LyondellBasell Industries NV [LYB]: An earnings per share (EPS) analysis
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 NV go to 6.27%.
An analysis of Institutional ownership at LyondellBasell Industries NV [LYB]
There are presently around $73.22%, or 91.82%% of LYB stock, in the hands of institutional investors. The top three institutional holders of LYB stocks are: VANGUARD GROUP INC with ownership of 31.46 million shares, which is approximately 9.6797%. BLACKROCK INC., holding 22.95 million shares of the stock with an approximate value of $$2.19 billion in LYB stocks shares; and BLACKROCK INC., currently with $$1.55 billion in LYB stock with ownership which is approximately 4.972%.
