Stock Surge: LyondellBasell Industries NV (LYB) Closes at 96.60, Marking a 1.39 Increase/Decrease

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In the latest session, LyondellBasell Industries NV (NYSE: LYB) closed at $96.60 up 1.39% from its previous closing price of $95.28. In other words, the price has increased by $1.39 from its previous closing price. On the day, 1.32 million shares were traded. LYB stock price reached its highest trading level at $97.53 during the session, while it also had its lowest trading level at $93.33.

Ratios:

For a deeper understanding of LyondellBasell Industries NV’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.49 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 11.72. For the most recent quarter (mrq), Quick Ratio is recorded 1.32 and its Current Ratio is at 2.12. In the meantime, Its Debt-to-Equity ratio is 0.97 whereas as Long-Term Debt/Eq ratio is at 0.96.

On February 05, 2024, JP Morgan Upgraded its rating to Overweight which previously was Neutral and also upped its target price recommendation from $95 to $100.

Deutsche Bank Downgraded its Buy to Hold on January 10, 2024, while the target price for the stock was maintained at $105.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Mar 15 ’24 when Buchanan Robin W.T. sold 18,111 shares for $100.46 per share. The transaction valued at 1,819,427 led to the insider holds 12,276 shares of the business.

McMurray Michael C. sold 16,940 shares of LYB for $1,708,219 on Mar 12 ’24. The EVP & CFO now owns 88,858 shares after completing the transaction at $100.84 per share. On Feb 29 ’24, another insider, Oyolu Chukwuemeka A., who serves as the SVP, CAO & Investor Relations of the company, sold 7,084 shares for $100.47 each. As a result, the insider received 711,744 and left with 27,575 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LYB now has a Market Capitalization of 31455086592 and an Enterprise Value of 42040111104. As of this moment, LyondellBasell’s Price-to-Earnings (P/E) ratio for their current fiscal year is 14.94, and their Forward P/E ratio for the next fiscal year is 9.86. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.77 while its Price-to-Book (P/B) ratio in mrq is 2.42. Its current Enterprise Value per Revenue stands at 1.031 whereas that against EBITDA is 9.023.

Stock Price History:

The Beta on a monthly basis for LYB is 1.08, which has changed by -0.017993271 over the last 52 weeks, in comparison to a change of 0.17829525 over the same period for the S&P500. Over the past 52 weeks, LYB has reached a high of $107.02, while it has fallen to a 52-week low of $88.46. The 50-Day Moving Average of the stock is 0.04%, while the 200-Day Moving Average is calculated to be -0.05%.

Shares Statistics:

For the past three months, LYB has traded an average of 1.64M shares per day and 1189830 over the past ten days. A total of 324.48M shares are outstanding, with a floating share count of 259.58M. Insiders hold about 20.28% of the company’s shares, while institutions hold 72.63% stake in the company. Shares short for LYB as of 1721001600 were 4033135 with a Short Ratio of 2.46, compared to 1718323200 on 4428623. Therefore, it implies a Short% of Shares Outstanding of 4033135 and a Short% of Float of 1.55.

Dividends & Splits

According to the company, the forward annual dividend rate for LYB is 5.09, from 5.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.05247691The stock’s 5-year Average Dividend Yield is 5.15.

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