The ex-dividend date of this dividend is Friday, August 25th. CRS beat the Zacks Consensus Estimate in three of the last four quarters and matched once. It delivered a trailing four-quarter earnings surprise of 9.8%, on average.
Recent stocks from this report have soared up to +178.7% in 3 months – this month’s picks could be even better. Despite having a normal three-year median payout ratio of 40% (where it is retaining 60% of its profits), LyondellBasell Industries has seen a decline in earnings as we saw above. For instance, the company’s business may be deteriorating. Return on Equity or ROE is a test of how effectively a company is growing its value and managing investors’ money. Put another way, it reveals the company’s success at turning shareholder investments into profits.
At first glance, LyondellBasell Industries seems to have a decent ROE. Further, the company’s ROE is similar to the industry average of 14%. However, while LyondellBasell Industries has a pretty respectable ROE, its five year net income decline rate was 3.2% .
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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 annualized dividend and a dividend yield of 4.99%.
We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. On the whole, we do feel that LyondellBasell Industries has some positive attributes. However, given the high ROE and high profit retention, we would expect the company to be delivering strong earnings growth, but that isn’t the case here.
The price per barrel of oil has risen by an astonishing 13.5% during the past month, stemming from a push on both sides of the market equation. The push comes from increasing demand in the United Stat… Their strong dividends are far more protected than the market collectively seems to believe. We’d like to share more about how we work and what drives our day-to-day business.
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. Over half of LyondellBasell’s production come from its North American operations. Dividend yield shows how much a company pays its shareholders in dividends annually per dollar invested.
The market environment for this Brindisi unit’s polypropylene products has become increasingly difficult. The company intends to increase the position of its remaining assets in higher-value markets.Shares of LYB have gained 21.1% over the past year compared with the 10.4% growth of its industry. Looking at the current analyst consensus data, we can see that the company’s future payout ratio is expected to rise to 49% over the next three years. Regardless, the future ROE for LyondellBasell Industries is speculated to rise to 24% despite the anticipated increase in the payout ratio. There could probably be other factors that could be driving the future growth in the ROE.
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.
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LyondellBasell Industries N.V. Cl A stock falls Tuesday, still outperforms market
Another way to think of that is that for every $1 worth of equity, the company was able to earn $0.16 in profit. © 2023 Market data provided 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. To see all exchange delays and terms of use please see Barchart’s disclaimer. LyondellBasell Industries’ stock is owned by a variety of retail and institutional investors. Insiders that own company stock include Ai Investments Holdings Llc, Anthony R Chase, Bhavesh V Patel, Jagjeet S Bindra, Jagjeet S Bindra, James D Guilfoyle, Jeffrey A Kaplan, Kimberly A Foley and Michael C Mcmurray.
So, there might be some other aspects that could explain this. These include low earnings retention or poor allocation of capital. The ‘return’ is the income the business earned over the last year.
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It allows the user to better focus on the stocks that are the best fit for his or her personal trading style. Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days. One share of LYB stock can currently be purchased for approximately $100.17. MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation. HOUSTON and LONDON, June 1, 2023 /PRNewswire/ — LyondellBasell announced today that Michael McMurray, executive vice president and chief financial officer, will participate in a fireside chat at the … LyondellBasell is among the top three global polyolefin manufacturers in terms of capacity and sustainable solutions, catering to multiple industries, including pharmaceuticals and medical devices.
LYB’s beta can be found in Trading Information at the top of this page. A stock’s beta measures how closely tied its price movements have been to the performance of the overall market. As an investor, you want to buy stocks with the highest 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 consensus among Wall Street analysts is that investors should «hold» LYB shares.
- This suggests that there might be some external threat to the business, that’s hampering its growth.
- The ‘return’ is the income the business earned over the last year.
- This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system.
- Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month.
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Terms of Service apply. The industry with the best average Zacks Rank would be considered the top industry (1 out of 265), which would place it in the top 1% of Zacks Ranked Industries. The industry with the worst average Zacks Rank (265 out of 265) would place in the bottom 1%. An industry with a larger percentage of Zacks Rank #1’s and #2’s will have a better average Zacks Rank than one with a larger percentage of Zacks Rank #4’s and #5’s. The Zacks Industry Rank assigns a rating to each of the 265 X (Expanded) Industries based on their average Zacks Rank.
There are currently 3 sell ratings, 7 hold ratings and 7 buy ratings for the stock. The consensus among Wall Street analysts is that investors should «hold» LYB shares. 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. Some of the company’s employees may be affected by the planned closure. It is committed to discussing solutions with unions and social parties to effectively serve them. Customers of the company will continue to be serviced.This unit is the world’s oldest of its kind, and it has become uncompetitive, LYB noted.
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competitive advantage. Upgrade to MarketBeat All Access to add more stocks to your watchlist. Click the link below and we’ll send you MarketBeat’s guide to pot stock investing and which pot companies show the most promise. Sign-up to receive the latest news and ratings for LyondellBasell Industries and its competitors with MarketBeat’s FREE daily newsletter. Chemical maker LyondellBasell Industries said on Thursday it would evaluate a new electric furnace technology in olefins production, along with Technip Energies and Chevron Phillips Chemical, as it se…
LyondellBasell’s second-quarter performance emulated that of peers, with sales down 31% year over year and roughly flat sequentially. The firmwide adjusted EBITDA margin was also flat compared with last quarter at 14%. Results reflect softer-than-expected demand across end markets owing to widespread economic uncertainty, a dynamic that will likely persist through year-end. We’ll incorporate the firm’s full financial results shortly, but after this first look, we maintain our narrow moat rating and $124 fair value estimate. 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%.
Zacks Earnings ESP (Expected Surprise Prediction) looks to find companies that have recently seen positive earnings estimate revision activity. 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 scores are based on the trading styles of Value, Growth, and Momentum. 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. The Style Scores are a complementary set of indicators to use alongside the Zacks Rank.
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LyondellBasell Industries N.V. LYB, +0.99% said Friday that it raised its quarterly dividend by 5.0%, to $1.25 a share from $1.19 a share. 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… HOUSTON and LONDON, Sept. 11, 2023 /PRNewswire/ — LyondellBasell, a leader in the global chemical industry, today announced Michael fibonacci forex McMurray, executive vice president and chief financial officer, wil… 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.
These are established companies that reliably pay dividends. In the third quarter, LyondellBasell expects soft demand due to ongoing economic uncertainty to offset the usual benefits from summer seasonality. LyondellBasell is focused on advancing in Circular & Low Carbon Solutions. 17 Wall Street analysts have issued «buy,» «hold,» and «sell» ratings for LyondellBasell Industries in the last twelve months.
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ROTTERDAM, Netherlands , July 19, 2023 /PRNewswire/ — LyondellBasell today announced it has acquired a 50% stake in Stiphout Industries B.V. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. LYB earnings call for the period ending September 30, 2021. LYB earnings call for the period ending November https://bigbostrade.com/ 30, 2021. Interest rates may be at rock-bottom levels, but that doesn’t mean income investors can’t step into some nice payouts. Founded in 1993 by brothers Tom and David Gardner, The Motley Fool helps millions of people attain financial freedom through our website, podcasts, books, newspaper column, radio show, and premium investing services.
Sank 5.2% in premarket trading Friday, after the chemical company reported third-quarter profit that fell well below expectations, as higher energy costs, new supply and weaker mar… Thus far, we have learned that ROE measures how efficiently a company is generating its profits. We now need to evaluate how much profit the company reinvests or «retains» for future growth which then gives us an idea about the growth potential of the company. Assuming all else is equal, companies that have both a higher return on equity and higher profit retention are usually the ones that have a higher growth rate when compared to companies that don’t have the same features. According to 17 analysts, the average rating for LYB stock is «Hold.» The 12-month stock price forecast is $100.0, which is a decrease of -0.18% from the latest price.
It’s important for an investor to know whether the market has priced in the company’s expected earnings growth (or decline). Doing so will help them establish if the stock’s future looks promising or ominous. You can find out in our latest intrinsic value infographic research report.
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. High-growth stocks tend to represent the technology, healthcare, and communications sectors. They rarely distribute dividends to shareholders, opting for reinvestment in their businesses. More value-oriented stocks tend to represent financial services, utilities, and energy stocks.