Is LyondellBasell Industries NV (NYSE: LYB) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility.

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Stocks Info

LYB belongs to the Basic Materials sector of the NYSE while operating in the Specialty Chemicals industry. The current market capitalization of LyondellBasell Industries NV is $30.55B. A total of 1.6 million shares were traded on the day, compared to an average of 1.63M shares.

In the most recent transaction, Friedrichs Dale D sold 4,970 shares of LYB for 96.78 per share on Aug 20 ’24. After the transaction, the EVP, Ops Excellence, HSE now owns 34,220 company shares. In a previous transaction on Aug 20 ’24, DALE FRIEDRICHS bought 4,970 shares at 96.78 per share.

Among the insiders who sold shares, Buchanan Robin W.T. disposed of 18,111 shares on Mar 15 ’24 at a per-share price of $100.46. This resulted in the Director holding 12,276 shares of LYB after the transaction. In another insider transaction, McMurray Michael C. sold 16,940 shares at $100.84 per share on Mar 12 ’24. Company shares held by the EVP & CFO now total 88,858.

Dividend

Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. LyondellBasell Industries NV pays an annual dividend of $5.18, resulting in a dividend yield of 5.51%, and it has a price to earnings (P/E) ratio of 13.22. LYB’s most recent ex-dividend date was 8/26/2024 when it declared a $1.34 quarterly dividend that was paid in cash on 9/3/2024. Previously, the company paid the dividend on 6/10/2024 with an ex-dividend date of 6/3/2024. The LYB stock dividend was $1.34 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. In terms of 52-week highs and lows, LYB has a high of $107.02 and a low of $88.46.

As of this writing, LYB has an earnings estimate of $2.27 per share for the current quarter. EPS was calculated based on a consensus of 18.0 estimates, with a high estimate of $2.5 per share and a lower estimate of $1.92. The company reported an EPS of $2.46 in the last quarter

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. LYB’s latest balance sheet shows that the firm has $1.48B in Cash & Short Term Investments as of fiscal 2021. There were $13.60B in debt and $7.23B in liabilities at the time. Its Book Value Per Share was $41.37, while its Total Shareholder’s Equity was $11.99B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for LYB is Buy with a score of 3.42.

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