Key Takeaways:
- LyondellBasell (LYB, Financial) anticipates a challenging first quarter with significant earnings and revenue drops.
- Analysts provide a mixed outlook, with the average price target suggesting notable upside potential.
- Current analyst recommendations lean towards a "Hold," reflecting market uncertainties.
LyondellBasell (LYB) is gearing up to announce its first-quarter earnings on April 25. The company is navigating a challenging landscape, with expectations set for earnings per share (EPS) of $0.43, marking a steep decline of 71.9% year over year. Revenues are also projected to dip by 25.4% to $7.41 billion. These projections have prompted analysts to adjust their estimates downward, indicating persistent market pressures on the company.
Wall Street Analysts' Forecast
Analysts have provided their one-year price targets for LyondellBasell Industries NV (LYB, Financial), revealing varying levels of optimism. The average target price stands at $74.20, with predictions ranging from a high of $105.00 to a low of $51.00. This average target signals a potential upside of 26.36% from the current market price of $58.72. For a more comprehensive look at these estimates, visit the LyondellBasell Industries NV (LYB) Forecast page.
The consensus recommendation among 24 brokerage firms is a 2.9, translating to a "Hold" rating for LyondellBasell Industries NV (LYB, Financial). This consensus rating is determined on a scale from 1 to 5, where 1 is a Strong Buy, and 5 represents a Sell.
According to GuruFocus, the estimated GF Value for LyondellBasell Industries NV (LYB, Financial) in one year is $67.06. This estimation suggests a 14.2% increase from its current price of $58.72. The GF Value serves as an approximation of the stock's fair value, derived from historical trading multiples, past business growth, and forward-looking performance projections. More insights are available on the LyondellBasell Industries NV (LYB) Summary page.
