Based on an average daily volume of 2,020,000 shares, the short-interest ratio is currently 2.9 days. Approximately 2.2% of the shares of the company are sold short. As of July 25, 2023, LyondellBasell Industries NV ( LYB , Financial) has seen a positive change in its stock price, with a gain of 3.93%. The company’s shares are currently best forex trading app priced at $94.38, with a ma… According to 17 analysts, the average rating for LYB stock is “Hold.” The 12-month stock price forecast is $100.0, which is an increase of 5.60% from the latest price. Founded in 1993, The Motley Fool is a financial services company dedicated to making the world smarter, happier, and richer.
- 17 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for LyondellBasell Industries in the last year.
- Based on an average daily volume of 2,020,000 shares, the short-interest ratio is currently 2.9 days.
- This puts Bhavesh V. “Bob” Patel in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
- Style is an investment factor that has a meaningful impact on investment risk and returns.
- These low-carbon solutions will rely on renewable, bio-based and recycled feedstocks to help customers cut Scope 3 GHG emissions.
- In the third quarter, LyondellBasell expects soft demand due to ongoing economic uncertainty to offset the usual benefits from summer seasonality.
LyondellBasell’s stock performance turned sharply upward in June, with improving investor sentiment backed by a late-month update. Transparency is how we protect the integrity of our work and keep empowering investors to achieve their goals and dreams. And we have unwavering standards for how we keep that integrity intact, from our research and data to our policies on content and your personal data. Data are provided ‘as is’ for informational purposes only and are not intended for trading purposes. Data may be intentionally delayed pursuant to supplier requirements. Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity.
Analysts Offer Insights on Materials Companies: LyondellBasell (LYB) and Sandstorm Gold (SAND)
HOUSTON and LONDON , Aug. 18, 2023 /PRNewswire/ — LyondellBasell today announced it has declared a dividend of $1.25 per share, to be paid September 5, 2023, to shareholders of record on August 28, 2… As an investor, you want to buy stocks with the highest best gold etfs probability of success. That means you want to buy stocks with a Zacks Rank #1 or #2, Strong Buy or Buy, which also has a Score of an A or a B in your personal trading style. The scores are based on the trading styles of Value, Growth, and Momentum.
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- CRS beat the Zacks Consensus Estimate in three of the last four quarters while meeting in one.
- These products form the building blocks for downstream chemicals and plastics that are used in industrial and consumer markets alike.
- A hold rating indicates that analysts believe investors should maintain any existing positions they have in LYB, but not buy additional shares or sell existing shares.
- LYB earnings call for the period ending March 31, 2021.
The company is scheduled to release its next quarterly earnings announcement on Friday, October 27th 2023. If you are an index-fund investor, you’re probably feeling pretty good right now — the S&P 500 has returned 12.1% so far this year, with dividends reinvested, following its 18% decline in 2022. HOUSTON and LONDON, Sept. 11, 2023 /PRNewswire/ — LyondellBasell, a leader in the global chemical industry, today announced Michael McMurray, executive vice president and chief financial officer, wil…
The push comes from increasing demand in the United Stat… HOUSTON , Sept. 26, 2023 /PRNewswire/ — LyondellBasell today announced the expansion of its sustainable offerings with the launch of its +LC (Low Carbon) solutions, a new range of Intermediates and D… Their strong dividends are far more protected than the market collectively seems to believe.
A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. The monthly returns are then compounded to arrive at the annual return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Zacks Ranks stocks can, and often do, change throughout the month.
Analyst rating
LyondellBasell Industries announced a quarterly dividend on Friday, August 18th. Shareholders of record on Monday, August 28th will be paid a dividend of $1.25 per share on Tuesday, September 5th. This represents a $5.00 dividend on an annualized basis and a yield of 5.28%. LyondellBasell is a petrochemical producer with operations in the United States, Europe, and Asia. The company is the world’s largest producer of polypropylene and is also a major producer of polyethylene and propylene oxide. Its chemicals are used in various consumer and industrial end products.
The Motley Fool reaches millions of people every month through our premium investing solutions, free guidance and market analysis on Fool.com, top-rated podcasts, and non-profit The Motley Fool Foundation. The Company offers products for the manufacturing of personal care products, fresh food packaging, lightweight plastics, construction materials, automotive components, durable textiles, medical applications, and biofuels. LyondellBasell Industries markets its products worldwide.
Zacks’ 7 BestStrong Buy Stocks for October, 2023
To see all exchange delays and terms of use please see Barchart’s disclaimer. 136 employees have rated LyondellBasell Industries Chief Executive Officer Bhavesh V. “Bob” Patel on Glassdoor.com. Bhavesh V. “Bob” Patel has an approval rating of 92% among the company’s employees. This puts Bhavesh V. “Bob” Patel in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.
LyondellBasell Named in U.S. News & World Report’s 2023-2024 Best Companies to Work For List
The idea is that more recent information is, generally speaking, more accurate and can be a better predictor of the future, which can give investors an advantage in earnings season. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank. It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.
Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations. (LYB Quick QuoteLYB – Free Report) has introduced +LC (Low Carbon) solutions, a new range of Intermediates and Derivatives (I&D) chemicals produced using an International Sustainability and Carbon Certification (ISCC) PLUS certified mass balance methodology. These low-carbon solutions will rely on renewable, bio-based and recycled feedstocks to help customers cut Scope 3 GHG emissions. LyondellBasell has used its long history of innovation, customer-centric outlook and sustainability focus to create a product line that matches the company’s and its customers’ sustainability goals.LyondellBasell adds the new +LC product line to its already robust portfolio. In the third quarter, LyondellBasell expects soft demand due to ongoing economic uncertainty to offset the usual benefits from summer seasonality.
There’s also a VGM Score (‘V’ for Value, ‘G’ for Growth and ‘M’ for Momentum), which combines the weighted average of the individual style scores into one score. © 2023 Market data provided Fintech stocks is at least 10-minutes delayed and hosted by Barchart Solutions. Information is provided ‘as-is’ and solely for informational purposes, not for trading purposes or advice, and is delayed.
LyondellBasell raised quarterly dividend by 5% to $1.25 a share
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LyondellBasell Industries N.V. Cl A stock falls Thursday, underperforms market
Over half of LyondellBasell’s production come from its North American operations. CRS beat the Zacks Consensus Estimate in three of the last four quarters while meeting in one. It delivered a trailing four-quarter earnings surprise of 9.8%, on average. You can see the complete list of today’s Zacks #1 Rank stocks here.Andersons currently carries a Zacks Rank #1. ANDE beat the Zacks Consensus Estimate in each of the last four quarters.
It delivered a trailing four-quarter earnings surprise of 64.4%, on average.Hawkins currently carries a Zacks Rank #1. HWKN beat the Zacks Consensus Estimate in each of the last four quarters. It delivered a trailing four-quarter earnings surprise of 25.6%, on average. LyondellBasell Industries saw a increase in short interest in the month of September. As of September 15th, there was short interest totaling 5,780,000 shares, an increase of 24.0% from the August 31st total of 4,660,000 shares.