Shares of LyondellBasell Industries N.V. (NYSE:LYB) recorded -2.58% loss during trading session on December 6th, 2018. The script traded as low as $86.37 and last traded at $88.23. 3.86 million shares changed exchanged hands during trading, a drop of -25.85% from the 30-day average session volume of 3.07M shares. The firm had previously closed at $90.57. The company has $382.46M outstanding shares, a price-to-earnings ratio of 6.84, price-to-earnings-growth ratio of 0.86 and a beta of 1.23. The company has a RSI of 35.46, ATR of 2.81 and a volatility of 3.41% this week. LYB has a 52 week low price of $85.60 and a 52 week high price of $121.95.
Investors have identified the tech company LyondellBasell Industries N.V. as an interesting stock but before investments are made there, an in-depth look at its trading activities will have to be conducted. The share is trading with a market value of around 33.74B, the company now has both obstacles and catalysts that affect them and they came from their mode of operations. With the company affected by events currently, it is a perfect time to analyze the numbers behind the firm in order to come up with a rather realistic picture of what this stock is.
LyondellBasell Industries N.V. (LYB) Fundamentals that are to be considered.
When analyzing a stock, the first fundamental thing to take into account is the balance sheet. How healthy the balance sheet of a company is will determine if the company will be able to carry out all its financial and non-financial obligations and also keep the faith of its investors. For LYB, the company has in raw cash 532 million on their books with 3.56 billion currently as liabilities. How the trend is over time is what investors should be concerned about. The company has a healthy balance sheet as their debt profile has been on an incline. In terms of their assets, the company currently has 0 total, with 22 million as their total liabilities. This figure have given the company a good sense of viability under numerous contexts.
LYB were able to record 0 as free cash flow during the third quarter of the year, this saw their quarterly net cash flow reduce by 0. In cash movements, the company had a total of 1.41 billion as operating cash flow.
Potential earnings growth for LyondellBasell Industries N.V. (LYB)
In order to determine the future investment potential for this stock, we will have to analyze key trends that affect it. During the third quarter of the year, LyondellBasell Industries N.V. recorded a total of 10.16 billion in revenue. This figure implies that they witnessed a quarterly year/year change in their earnings with 0.16% coming in sequential stages and their sales for the third quarter reducing by -0.01%.
What matters though is how it ends. When the core data for the company is broken down, then the stock sounds interesting. The company spent 8.5 billion trying to sell their products during the last quarter, with the result yielding a gross income of 1.66 billion. This allows shareholders to hold on to 382.46M with the revenue now reading 1113000000 cents per share.
Is the stock of LYB attractive?
Having a look at the company’s valuation, the company is expected to record 11.34 total earnings per share during the next fiscal year. It is very important though to remember that the importance of trend far outweighs that of outlook. This analysis has been great and getting further updates on LYB sounds very interesting.
In related news, 10% Owner AI INVESTMENTS HOLDINGS LLC bought 486,773 shares of the company’s stock in a transaction that recorded on November 13th, 2018. The purchase was performed at an average price of 95.09, for a total value of 46,287,024. As the purchase deal closes, the 10% Owner AI INVESTMENTS HOLDINGS LLC now bought 950,000 shares of the company’s stock, valued at 90,824,551. Also, 10% Owner AI INVESTMENTS HOLDINGS LLC bought 750,200 shares of the company’s stock in a deal that was recorded on November 9th, 2018. The shares were bought at an average cost of 95.93 per share, with a total market value of 3,663,227. Following this completion of disposal, the 10% Owner now holds 715,039 shares of the company’s stock, valued at 68,701,361. In the last 6 months, insiders have changed their ownership in shares of company stock by 0.10%.
2 out of 18 analysts covering the stock have rated it a Buy, while 11 have maintained a Hold recommendation on LyondellBasell Industries N.V. stock. 0 analysts has assigned a Sell rating on the LYB stock. The 12-month mean consensus price target for the company’s shares has been set at $107.74.