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How to Buy Lyondellbasell Industries Nv Stock

Lyondellbasell Industries Nv

Lyondellbasell Industries Nv is a specialty chemical company located in Texas, United States, which is part of the Basic Materials sector, and is traded under the ticker LYB on the NYSE exchange.

Lyondellbasell Industries Nv stock last closed at $98.54, up 1.15% from the previous day, and has increased 10.04% in one year. It has underperformed other stocks in the Specialty Chemicals industry by 0.06 percentage points. Lyondellbasell Industries Nv stock is currently +16.2% from its 52-week low of $84.80, and -7.92% from its 52-week high of $107.02.

There are currently 325.62M LYB shares outstanding. The market value of LYB is $32.09B. In the past 24 hours, 1.33M LYB shares were traded.

How to Buy Lyondellbasell Industries Nv Stock

Wondering how to invest in Lyondellbasell Industries Nv stock? Here's how.
  1. Decide where to buy Lyondellbasell Industries Nv stock: You need to pick an online brokerage, but don't worry - we've tested dozens of stock brokerages and apps to help you decide where to buy Lyondellbasell Industries Nv stock.
  2. Open a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've selected.
  3. Deposit money your brokerage account: Pick your payment method and add your details.
  4. Research Lyondellbasell Industries Nv stock: The Lyondellbasell Industries Nv ticker symbol is LYB. Is Lyondellbasell Industries Nv stock a good investment? Should you buy shares of LYB? How do LYB's underlying business fundamentals look? Do top analysts think Lyondellbasell Industries Nv is a good buy? Why has LYB's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if LYB is a good stock to buy).
  5. Place your LYB trade: Decide if you will purchase LYB shares at the current market price or use a limit order to purchase LYB stock at a specific price.
  6. Keep an eye on your LYB investment: Create a watchlist to important notifications about your position in Lyondellbasell Industries Nv shares.

Step 1: Decide where to buy Lyondellbasell Industries Nv stock

You will need an online brokerage account in order to access the NYSE market and buy LYB shares.

A brokerage account is an investment account that allows you to buy and sell a variety of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Open a brokerage account

Now that you've chosen your brokerage, you'll need to fill out some personal information so you are able to buy LYB stock today.

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  2. Provide your personal info to create your new brokerage account.
  1. Submit your info by clicking the "Create Account" button.
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Step 3: Deposit money your brokerage account

Now that you've opened your account on app for investing, your next step is to transfer the money for your investment:

Watch this video walkthrough if you need help transferring funds into your brokerage account.

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Step 4: Research Lyondellbasell Industries Nv stock

After you have identified the best place to buy Lyondellbasell Industries Nv stock, it's very important to research their stock prior to investing, so you actually wrap your head around the risk as well as the upside.

Lyondellbasell Industries Nv shares quick numbers

LYB Price
$98.54
1w %
-2.35%
1y %
10.04%
5y %
26.45%
P/E
15.21x
P/B
2.47x
P/S
0.79x
PEG
0.17x
Revenue
$40.79B
Earnings
$2.11B
Fore. Rev. Growth
-6.01%
Fore. Earn. Growth
98.99%
Market Cap
$32.09B
Next Earnings
N/A
Next Dividend
Jun 10, 2024

Fundamentals of Lyondellbasell Industries Nv

WallStreetZen was designed to help everyday investors perform better fundamental analysis.

You can view all of the due diligence checks on LYB's stock page.

Is LYB stock undervalued?

You can use many financial metrics, analyses, models, and charts to gauge LYB's fair value.

Using relative valuations methods:

  • LYB may be undervalued based on its P/E ratio of 15.21x, relative to Specialty Chemicals industry P/E ratio of 33.27x
  • LYB could be undervalued based on its P/B ratio of 2.47x, relative to Specialty Chemicals industry P/B ratio of 3.39x
  • LYB could be undervalued based on its PEG ratio of 0.17x

You can access additional valuation analysis on LYB's stock here.

LYB Financial Health Overview

Signs that LYB is financially healthy:

  • LYB's operating cash flow of $4.35B allows it to safely service it's debt of $12.57B.
  • Total LYB debt is lower than 5 years ago, relative to shareholder equity.
  • LYB earnings of $3.06B is not sufficient to cover its interest payments.
  • There are more short-term assets than short-term liabilities on the LYB balance sheet.

Signs that LYB is not financially healthy:

  • LYB profit margin has gone down from 6.4% to 5.2% in the past year.
  • There are more long-term liabilities than short-term assets on the LYB balance sheet.
  • LYB has a relatively high debt to equity ratio of 1.82.

Do analysts think it's a good time to buy LYB stock

Out of 8 sell side analysts who research LYB, the consensus analyst rating on LYB is a Buy

It's important to note that analyst ratings are not stock recommendations, nor are they financial advice.

Latest LYB Analyst Forecasts

Patrick Cunningham, a top 25% analyst from Citigroup maintains LYB with a hold rating and raises their LYB price target from $96.00 to $104.00, on Apr 10, 2024.

Michael Sison, a top 31% analyst from Wells Fargo maintains LYB with a strong buy rating and raises their LYB price target from $105.00 to $117.00, on Apr 2, 2024.

Jeffrey Zekauskas, a top 7% analyst from JP Morgan maintains LYB with a strong buy rating and raises their LYB price target from $100.00 to $105.00, on Mar 22, 2024.

You can dig deeper into what analysts are projecting on the Lyondellbasell Industries Nv stock forecast page.

LYB Trading Indicators

SMA10
99.87
SMA20
100.21
SMA50
101.12
SMA100
98.84
SMA200
96.97
MACD
-0.58
MACD Signal
-0.29
MACD Histogram
-0.29
RSI
42.05
Stochastic %K
7.47
Stochastic %D
10.96
StochRSI %K
10.38
StochRSI %D
15.48

Is LYB Making Money?

Last year, LYB earnings were $2.11B. During the last 5 year, LYB's earnings have grown by -10.24% per year. This was slower than the Specialty Chemicals industry average of 3.49%.

Last year, LYB revenue was $40.79B. Over the past five year, LYB's revenue has grown by 1.42% per year. This was slower than the Specialty Chemicals industry average of 7.04%.

Dig into LYB's earnings and revenue performance here.

What are LYB executives and large shareholders up to?

Over the past year, executives and large shareholders at LYB have sold more shares than they have bought.

Rita E. Griffin, Director of LYB, was the latest LYB insider to sell. They sold $35,823.05 worth of LYB stock on May 19, 2024.

Learn more about who owns LYB shares here.

Does LYB stock generate passive income?

Lyondellbasell Industries Nv pays a dividend of 3.81%, compared to the Specialty Chemicals industry's average dividend yield of 2.08%. If you owned $1,000 of LYB stock, you would have been paid $38.06 last year.

Lyondellbasell Industries Nv dividend payments have consistently grown over the past decade but have not remained stable.

Find more info about Lyondellbasell Industries Nv dividend yield and history here.

What do other traders have to say about LYB?

One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.

Click below to find out what other community members have to say.

Step 5: Place your LYB trade

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best available price.
    Market orders are mostly the easiest way to buy.
  • Limit order: A limit order is an order to buy or sell a security at a specific price (or better).
    If you want to ensure you're buying or selling at an exact dollar amount, place a limit order.

Press the Open button and eToro will execute your order.

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Step 6: Keep an eye on your LYB investment

Now that you own some LYB shares, you'll want to keep up with your new stock purchase.

Put LYB on a watchlist to see the latest developments about your LYB stock.

LYB Feed

How to Buy Stock in Lyondellbasell Industries Nv

To summarize, here are the 6 steps for buying Lyondellbasell Industries Nv stock:

  1. Decide where to buy Lyondellbasell Industries Nv stock
  2. Open a brokerage account
  3. Deposit money your brokerage account
  4. Research Lyondellbasell Industries Nv stock
  5. Place your LYB trade
  6. Keep an eye on your LYB investment

If you need a online brokerage, eToro is our recommended option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your investment in Lyondellbasell Industries Nv, create a watchlist today.

NYSE: LYB
$98.54+1.12 (+1.15%)
Updated May 24, 2024
Open eToro Account
NYSE: LYB
$98.54+1.12 (+1.15%)
Updated May 24, 2024
Open eToro Account

FAQ

How much does it cost to buy one Lyondellbasell Industries Nv share?

As of May 24, 2024, it costs $98.54 to buy one share of Lyondellbasell Industries Nv stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.101 shares of LYB.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Lyondellbasell Industries Nv stock?

According to 8 Wall Street analysts who monitor Lyondellbasell Industries Nv, their consensus recommendation is to buy Lyondellbasell Industries Nv stock.

What is the best way to buy Lyondellbasell Industries Nv stock?

One way to place an order for Lyondellbasell Industries Nv stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.