LyondellBasell Industries (LYB) Expected to Announce Quarterly Earnings on Friday

LyondellBasell Industries (NYSE:LYB - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Friday, April 25th. Analysts expect the company to announce earnings of $0.63 per share and revenue of $7.69 billion for the quarter.

LyondellBasell Industries (NYSE:LYB - Get Free Report) last posted its quarterly earnings data on Friday, January 31st. The specialty chemicals company reported $0.75 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.28 by ($0.53). LyondellBasell Industries had a net margin of 3.39% and a return on equity of 15.97%. During the same period in the previous year, the company posted $1.26 earnings per share. On average, analysts expect LyondellBasell Industries to post $6 EPS for the current fiscal year and $8 EPS for the next fiscal year.

LyondellBasell Industries Trading Down 0.6 %

NYSE LYB traded down $0.37 during trading on Wednesday, hitting $57.77. The stock had a trading volume of 3,627,278 shares, compared to its average volume of 2,479,966. The company has a quick ratio of 1.13, a current ratio of 1.83 and a debt-to-equity ratio of 0.84. The company has a market capitalization of $18.65 billion, a PE ratio of 13.95, a PEG ratio of 0.97 and a beta of 0.89. The firm has a 50 day moving average price of $68.41 and a 200 day moving average price of $76.44. LyondellBasell Industries has a twelve month low of $51.11 and a twelve month high of $107.02.

LyondellBasell Industries Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Monday, March 17th. Investors of record on Monday, March 10th were paid a dividend of $1.34 per share. This represents a $5.36 annualized dividend and a yield of 9.28%. The ex-dividend date of this dividend was Monday, March 10th. LyondellBasell Industries's payout ratio is currently 129.47%.

Wall Street Analyst Weigh In

Several research firms have commented on LYB. JPMorgan Chase & Co. restated a "neutral" rating and issued a $60.00 price target (down previously from $80.00) on shares of LyondellBasell Industries in a research note on Friday, April 4th. Barclays decreased their price objective on LyondellBasell Industries from $80.00 to $72.00 and set an "equal weight" rating for the company in a research note on Tuesday, April 1st. Wells Fargo & Company lowered their price objective on LyondellBasell Industries from $90.00 to $85.00 and set an "overweight" rating for the company in a research report on Friday, April 4th. Morgan Stanley reduced their target price on shares of LyondellBasell Industries from $90.00 to $85.00 and set an "overweight" rating on the stock in a report on Tuesday, February 4th. Finally, UBS Group reissued a "sell" rating and issued a $51.00 price objective (down from $76.00) on shares of LyondellBasell Industries in a research report on Monday, April 7th. Two investment analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have issued a buy rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $76.50.

Insider Activity at LyondellBasell Industries

In other LyondellBasell Industries news, Director Michael Sean Hanley acquired 3,750 shares of the stock in a transaction on Wednesday, March 12th. The shares were bought at an average cost of $72.05 per share, with a total value of $270,187.50. Following the transaction, the director now owns 16,028 shares of the company's stock, valued at approximately $1,154,817.40. This trade represents a 30.54 % increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.11% of the company's stock.

About LyondellBasell Industries

LyondellBasell Industries N.V. operates as a chemical company in the United States, Germany, Mexico, Italy, Poland, France, Japan, China, the Netherlands, and internationally. The company operates in six segments: Olefins and PolyolefinsAmericas; Olefins and PolyolefinsEurope, Asia, International; Intermediates and Derivatives; Advanced Polymer Solutions; Refining; and Technology.