LyondellBasell Industries (NYSE:LYB) Receives Media Sentiment Rating of 0.26

News headlines about LyondellBasell Industries (NYSE:LYB) have trended positive on Friday, according to Accern Sentiment Analysis. The research group ranks the sentiment of news coverage by reviewing more than 20 million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. LyondellBasell Industries earned a news sentiment score of 0.26 on Accern’s scale. Accern also assigned headlines about the specialty chemicals company an impact score of 45.6980006859592 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.

These are some of the news headlines that may have impacted Accern’s analysis:

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Shares of LYB stock opened at $105.68 on Friday. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.57 and a current ratio of 2.46. LyondellBasell Industries has a fifty-two week low of $78.01 and a fifty-two week high of $121.95. The company has a market capitalization of $40,698.48, a PE ratio of 8.63, a price-to-earnings-growth ratio of 1.07 and a beta of 1.12.

LyondellBasell Industries (NYSE:LYB) last announced its quarterly earnings data on Friday, February 2nd. The specialty chemicals company reported $2.73 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.55 by $0.18. LyondellBasell Industries had a return on equity of 55.09% and a net margin of 14.15%. The business had revenue of $9.14 billion during the quarter, compared to analysts’ expectations of $8.82 billion. During the same quarter in the previous year, the business earned $1.94 earnings per share. The firm’s quarterly revenue was up 17.9% compared to the same quarter last year. research analysts forecast that LyondellBasell Industries will post 10.75 earnings per share for the current year.

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 12th. Investors of record on Monday, March 5th were given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 3.79%. The ex-dividend date was Friday, March 2nd. This is a boost from LyondellBasell Industries’s previous quarterly dividend of $0.78. LyondellBasell Industries’s dividend payout ratio is 32.65%.

A number of equities analysts have commented on LYB shares. ValuEngine raised shares of LyondellBasell Industries from a “buy” rating to a “strong-buy” rating in a research report on Friday, February 2nd. Citigroup boosted their target price on LyondellBasell Industries from $120.00 to $125.00 and gave the stock a “buy” rating in a research note on Tuesday, February 6th. SunTrust Banks restated a “hold” rating and set a $105.00 price target on shares of LyondellBasell Industries in a report on Tuesday, February 6th. They noted that the move was a valuation call. Zacks Investment Research upgraded LyondellBasell Industries from a “hold” rating to a “buy” rating and set a $128.00 price target on the stock in a report on Tuesday, January 9th. Finally, Royal Bank of Canada reiterated a “hold” rating and issued a $119.00 target price on shares of LyondellBasell Industries in a report on Thursday, January 25th. Two analysts have rated the stock with a sell rating, nine have given a hold rating, eight have given a buy rating and one has issued a strong buy rating to the stock. The stock has an average rating of “Hold” and a consensus target price of $108.39.

In other news, Director Robin W.T. Buchanan acquired 322 shares of LyondellBasell Industries stock in a transaction that occurred on Wednesday, June 6th. The stock was bought at an average price of $81.86 per share, for a total transaction of $26,358.92. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. In the last quarter, insiders have purchased 854 shares of company stock valued at $79,915. 0.09% of the stock is owned by company insiders.

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About LyondellBasell Industries

LyondellBasell Industries N.V. is a chemical company. The Company operates in five segments: Olefins and Polyolefins-Americas (O&P-Americas), Olefins and Polyolefins-Europe, Asia, International (O&P-EAI), Intermediates and Derivatives (I&D), Refining and Technology. The O&P-Americas segment produces and markets olefins and co-products, polyethylene and polypropylene.

Insider Buying and Selling by Quarter for LyondellBasell Industries (NYSE:LYB)

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