LyondellBasell Industries NV (NYSE: LYB) has reported E.P.S. of $1.45 for its first fiscal quarter (ending March 31) versus $1.45 for the same period a year ago — flat performance. This performance was $-0.59 short of the consensus estimate of $2.04. E.P.S. were $6.50 for the latest four quarters through March 31 versus $9.27 for the same period a year ago — a decline of -30%.
Recent Price Action
On 4/26/24, LyondellBasell Industries NV (NYSE: LYB) stock enjoyed a large increase of 2.5%, closing at $102.13. Moreover, trading volume in this advance was above average at 130% of normal. The stock has performed in line with the market over the last nine months and has risen 2.7% during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, LYB is expected to continue to be a major Value Builder.
LyondellBasell Industries has a current Value Trend Rating of C (Neutral). This rating combines highly consistent signals from two proprietary PTR measures of a stock’s attractiveness. LyondellBasell Industries has a neutral Appreciation Score of 57 and a neutral Power Rating of 44, and the Neutral Value Trend Rating results.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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