The Latest Breaking News from LyondellBasell Industries

Due to LyondellBasell Industries’ underperformance relative to the broader market over the past year, Wall Street analysts maintain a cautious outlook about the stock’s prospects.

Investors like to think juicy S&P 500 dividends will protect them from sell-offs. But not even that is working this time.

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LyondellBasell Industries (NYSE:LYB) has observed the following analyst ratings within the last quarter:

LyondellBasell Industries (NYSE:LYB) has observed the following analyst ratings within the last quarter:

Understanding Value Stocks A value stock is traditionally defined in terms of how investors in the marketplace are valuing that company's future growth prospects. Low P/E multiples are good base indicators that the company is undervalued and can most likely be labelled as a value stock.

According to Benzinga Pro, during Q1, LyondellBasell Industries (NYSE:LYB) earned $1.32 billion, a 80.71% increase from the preceding quarter. LyondellBasell Industries also posted a total of $13.16 billion in sales, a 2.55% increase since Q4.

  LyondellBasell Industries (NYSE:LYB) reported its Q1 earnings results on Friday, April 29, 2022 at 06:30 AM. Here's what investors need to know about the announcement.