Valued at $24.5 billion by market cap, LyondellBasell Industries N.V. (LYB) is a global leader in the chemicals, plastics, and refining industries. Headquartered in Houston, Texas, the company offers a diverse portfolio of products and solutions that serve the packaging, construction, and automotive industries.
Companies valued at over $10 billion are often categorized as “large-cap stocks,” a distinction LyondellBasell Industries fits this description, boasting its robust market presence. LyondellBasell’s dedication to advancing sustainable practices, delivering high-performance materials, and driving operational excellence underscores its resilience, adaptability, and ability to thrive in an increasingly competitive and environmentally conscious global market.
LyondellBasell Industries is down 29.5% from its 52-week high of $107.02, achieved on May 8. Over the past three months, the stock has declined 20.6%, significantly underperforming the broader Dow Jones Industrials Average’s ($DOWI) 4.4% gains over the same time frame.
Over the past 52 weeks, LYB stock has dropped 20.6% and is down 20.7% on a YTD basis, significantly lagging behind the Dow's YTD growth of 15.3% and its 16.5% return over the same period.
LYB has demonstrated bearish momentum, remaining below its 50-day and 200-day moving averages since September.
On Nov. 1, LyondellBasell released its Q3 earnings, leading to a 2.7% decline in share price the following day. Quarterly sales fell 2.9% year-over-year to $10.32 billion, while adjusted EPS dropped 23.6% year-over-year to $1.88. The company anticipates weaker Q4 demand driven by seasonality and higher feedstock costs but remains optimistic about improved demand for durable goods in 2025, supported by easing interest rates.
Its rival, Olin Corporation (OLN), has declined 32.7% over the past 52 weeks and 34.3% on a YTD basis, underperforming LYB in both time frames.
Given its recent weak price performance, analysts are cautious about LyondellBasell Industries. The stock has a consensus "Hold" rating from 18 analysts, with a mean price target of 96.56, which indicates a potential upside of 28% from its current level.
