|Bid||91.04 x 800|
|Ask||91.77 x 1100|
|Day's Range||90.48 - 92.07|
|52 Week Range||77.52 - 119.39|
|Beta (3Y Monthly)||1.22|
|PE Ratio (TTM)||7.63|
|Earnings Date||Apr 25, 2019 - Apr 29, 2019|
|Forward Dividend & Yield||4.00 (4.76%)|
|1y Target Est||104.05|
LyondellBasell (LYB) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Looking at LyondellBasell Industries N.V.'s (NYSE:LYB) earnings update in December 2018, analyst forecasts seem pessimistic, wit...
Investors eager to rack up quick profits might consider recommendations on the Fresh Money Buy List from Morgan Stanley (MS), a concept originated by legendary investment strategist Byron Wien during his years with the firm.
U.S. crude oil stockpiles fell unexpectedly last week as imports dropped, while gasoline and distillate inventories decreased less than forecasts, the Energy Information Administration said on Wednesday. ...
What to Expect from PPG Industries' Q1 EarningsUpcoming first-quarter earnings In a press release on March 27, PPG Industries (PPG) said that it would announce its first-quarter earnings on April 18 before the market opens. The earnings will be
LONDON and NEW YORK, April 17, 2019 /PRNewswire/ -- The 2019 ICIS Kavaler Award, sponsored by The Chemists' Club and in association with The Valence Group, will be awarded to Bob Patel, CEO of LyondellBasell, for outstanding achievement, as voted on and recognised by his peers. It will be the second consecutive year that Mr Patel has received the award, and the first instance of a repeat winner. This prestigious and unique global chemicals industry award will be presented to Mr Patel at a black tie dinner ceremony on Thursday, September 19, 2019 in New York City.
PASADENA, Texas, April 16, 2019 /PRNewswire/ -- LyondellBasell's Bayport Complex in Pasadena, Texas, today commemorated 50 years of operation at its propylene oxide plant and provided an update on their role in the company's most significant capital project to date, the construction of the largest propylene oxide (PO), tertiary butyl alcohol (TBA) plant in the world. "Today we are proud to celebrate a half century of operations, and our talented and dedicated colleagues who laid the foundation for our success," said Stephen Goff, LyondellBasell Bayport Complex site manager.
SimpleLegal, a modern legal operations platform offering e-Billing and spend management, matter management and legal analytics software, is proud to announce that LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, selected SimpleLegal’s platform to power their global legal department. Today, many corporate legal departments faced with the challenges of operating within a global multinational corporation are turning to SimpleLegal. With the SimpleLegal platform, LyondellBasell is equipped to increase department productivity, better monitor and measure legal matters, and reduce overall expenditures.
As of Friday, several stocks were granting shareholders a forward dividend yield that more than doubled the S&P 500 Index's yield of 1.85%. The first company is Dow Inc. (DOW), which had a closing share price of $58.3 and a market capitalization of $43.73 billion on Friday. The stock has a forward dividend yield of 4.8% versus an industry median of 2.05%.
Nomura analyst Aleksey Yefremov says margins on commodity chemicals are likely to improve. He upgraded six stocks Monday.
HOUSTON and LONDON, April 12, 2019 /PRNewswire/ -- LyondellBasell (NYSE: LYB), one of the largest plastics, chemicals and refining companies in the world, will announce first-quarter 2019 financial results ...
Shares of the now-independent Dow Inc (NYSE:DOW) declined on Friday for the first time since the company was spun off . The Midland, Michigan-based manufacturer of chemicals saw its stock fall on a bearish initiation by an analyst. After Dow Inc stock rose for three straight days, investors may have had good reasons to doubt the shares.Source: Shutterstock But investors should remember that the initiation contrasts with the analyses of numerous others on the Street. And while it remains unclear how the bearish evaluation will affect DOW stock in the longer run, the note should remind investors to compare Dow Inc stock to its peers. The InitiationDow Inc stock fell by $2.47 per share to $57.24 per share on Friday, representing a 4.14% decline for the day. At that point, Dow stock had only traded four days since completing its spinoff from DowDuPont (NYSE:DWDP).InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Dow Jones Stocks Holding the Blue Chip Index Back Shares fell after JPMorgan analyst Jeffrey Zekauskas started Dow Inc stock with an "underweight" rating. He set a $49 price target on Dow Inc stock, which would represent a discount of around 12.5% from its current levels. The stock has now received a rating from 17 analysts, and Zekauskas became the first analyst to make a bearish call on DOW stock.In his report, he noted that DOW has a higher dividend than its peers. According to Zekauskas, DOW's 2019 dividend will be equal to 25% of its EBITDA. That implies a yield of about 4.7%. Dow's peers, LyondellBasell Industries (NYSE:LYB) and Westlake Chemical (NYSE:WLK), have lower yields, he wrote. Dow Inc Stock Trades at a Higher Multiple Than Its PeersIt remains unclear whether Dow Inc stock will fall to the $49-per-share level. Still, Zekaukas makes some important points in his report. The forward earnings multiple of Dow Inc stock, based on analysts' average 2019 EPS estimate, is 9.9. LYB stock trades at around 7.8 times its estimated forward earnings, while the forward PE of WLK stock stands at about 8.9.Moreover, Dow Inc stock has returned to trading as an independent company after briefly teaming up with DuPont. At this point, I think traders need more time to fully assess DOW stock. Dividend DangersTraders might overlook these concerns due to Dow's high dividend yield. Unfortunately, investors have good reason to hold doubts about the payout.DowDuPont slashed its dividends in 2017 and 2018 after increasing them annually for years. Conversely, after Abbott Laboratories (NYSE:ABT) and AbbVie (NYSE:ABBV) broke up, they continued their decades-long tradition of yearly payout hikes. As a result , Dow Inc stock will not have a "dividend aristocrat" streak (meaning 25 or more years of annual dividend increases) that it can use to attract investors.For this reason, investors in the chemicals space might see better returns from LyondellBasell stock. LYB trades at a substantially lower forward PE ratio than Dow Inc stock. And despite the fact that LYB's 4.4% dividend yield is slightly lower than that of DOW, LYB has increased its annual payouts for seven straight years. So the outlook of LYB stock's dividends is more certain at this time. Concluding Thoughts on Dow Inc StockThe analyst's initiation has reminded investors to compare Dow Inc stock to its peers before buying DOW stock. But Zekauskas' bearish initiation goes against the grain. For this reason, investors should not simply assume that DOW will fall to $49 per share.However, the analyst argument that DOW may not compare well to its peers is solid. Moreover, DOW stock has only traded for a few days since it again became an independent company. Investors may need more time to develop a deeper understanding of DOW stock before buying the shares. Until the path pf Dow Inc stock becomes clearer, investors should probably look to other equities in the chemicals space.As of this writing, Will Healy did not hold a position in any of the aforementioned stocks. You can follow Will on Twitter at @HealyWriting. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Medical Marijuana Stocks to Cure Your Portfolio * 8 Best Stocks to Buy for an April Rally * Top 20 Stocks to Buy for 20-Somethings! Compare Brokers The post Analyst Note Fosters Doubts About Dow Inc Stock appeared first on InvestorPlace.
Celanese and PPG Industries Announced New AppointmentsCelanese’s leadership changesIn a press release on April 8, Celanese (CE) announced changes in its top leadership. Celanese said that Mark Rohr, its chairman and CEO, will be the
Chemical Companies: Key Highlights Last Week(Continued from Prior Part)Convertible special stock dividendIn a press on April 3, A. Schulman, LyondellBasell’s (LYB) subsidiary, declared a quarterly dividend of $15.00 per share for the holders of
With a market cap of $9.19 billion, Lear Corp. (LEA) is trading with a price-earnings ratio of 8.56 and a price-book ratio of 2.27. Warning! GuruFocus has detected 3 Warning Sign with TSX:GWO. GuruFocus gave the manufacturer of automotive seating and electrical systems a profitability and growth rating of 8 out of 10.
Shares of Dow Inc. fell 0.9% in premarket trade Friday, after J.P. Morgan analyst Jeffrey Zekauskas took a bearish stance on the newly-independent materials science company citing relative valuation concerns. Zekauskas initiated coverage with an underweight rating and stock price target of $49, which is 18% below Thursday's closing price of $59.71, which makes him the only analyst of the 17 covering the company that is bearish, according to FactSet. Dow, which was spun off from DowDuPont Inc. and became a Dow Jones Industrial Average component this week. Zekauskas said he believes Dow trades at a premium to its peers, which he sees as LyondellBasel Industries N.V. and Westlake Chemical Corp. , because of its larger dividend. "We do not believe that that Dow would maintain its multiple premium versus other North American petrochemical companies were the possibility of a recession meaningful," Zekauskas wrote in a note to clients. "The risk to the Dow share price is, for this reason, larger than that of the price risk of the other petrochemical companies as Dow could well lose the dividend premium it receives currently."
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HOUSTON and LONDON, April 3, 2019 /PRNewswire/ -- LyondellBasell (LYB), one of the largest plastics, chemicals and refining companies in the world, today announced that its wholly owned subsidiary, A. Schulman, Inc., has declared a quarterly dividend of $15.00 per share for A. Schulman's convertible special stock. The dividend is payable on May 1, 2019 to shareholders of record as of April 15, 2019. This dividend is only payable to shareholders of A. Schulman convertible special stock and is independent of LyondellBasell's quarterly dividend.
Air Products and Chemicals Increased Its Q1 Dividend(Continued from Prior Part)Dividend yield As of March 28, Air Products and Chemicals’ (APD) dividend yield was 2.45%, which is 30 basis points less than the fourth-quarter dividend yield of 2.75%.
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