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Westlake Chemical Corp (WLK)
NYSE:WLK
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WLK Stock Chart & Stats
Day’s Range― - ―
52-Week Range$108.95 - $162.64
Previous CloseN/A
Volume82.85K
Average Volume (3M)564.00K
Market Cap
$15.14B
Enterprise Value$22.54B
Total Cash (Recent Filing)$459.00M
Total Debt (Recent Filing)$3.68B
Price to Earnings (P/E)165.6
Beta1.15
Next Earnings
Feb 25, 2025EPS Estimate
1.11Last Dividend Ex-Date
Nov 26, 2024Dividend Yield1.74%
Share Statistics
EPS (TTM)0.71
Shares Outstanding128,705,800
10 Day Avg. Volume476,123
30 Day Avg. Volume563,997
Standard Deviation0.10
R-Squared0.39
Alpha0.00106
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.25
Price to Cash Flow (P/CF)8.00
P/FCF Ratio14.90
Enterprise Value/Market Cap1.49
Enterprise Value/Revenue1.86
Enterprise Value/Gross Profit10.16
Enterprise Value/Ebitda12.84
Forecast
1Y Price Target
$154.25Price Target Upside31.75% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering13
Westlake Chemical News
Bulls Say, Bears Say
Bulls Say
Business ExpansionWLK is undergoing a structural change by expanding its housing and infrastructure segment, which is seen as improving the quality of its business.
Mergers And AcquisitionsWLK's strong balance sheet is expected to allow management to become more active in mergers and acquisitions.
Pricing And Earnings StabilityHigher pricing for PVC-based products and supportive PVC resin prices are expected to continue to benefit WLK.
Bears Say
Earnings OutlookPrice target was trimmed to $155 from $170 due to a reduced EBITDA estimate.
Financial PerformanceWLK reported 3Q24 adjusted EBITDA of $580M compared to MSe of $625M and consensus of $689M with the PEM segment driving much of the miss.
Operational ChallengesSepQ24 results were impacted by unplanned downtime at Lotte JV ethylene facility and a chlor-vinyls plant.
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Risk Analysis
Main Risk Category
ProductionRisks related to the company’s ability to manufacture goods and services
WLK FAQ
What was Westlake Chemical Corp’s price range in the past 12 months?
Westlake Chemical Corp lowest stock price was $108.95 and its highest was $162.64 in the past 12 months.
What is Westlake Chemical Corp’s market cap?
Westlake Chemical Corp’s market cap is $15.14B.
When is Westlake Chemical Corp’s upcoming earnings report date?
Westlake Chemical Corp’s upcoming earnings report date is Feb 25, 2025 which is in 26 days.
How were Westlake Chemical Corp’s earnings last quarter?
Westlake Chemical Corp released its earnings results on Nov 05, 2024. The company reported $1.41 earnings per share for the quarter, missing the consensus estimate of $2.208 by -$0.798.
Is Westlake Chemical Corp overvalued?
According to Wall Street analysts Westlake Chemical Corp’s price is currently Undervalued.
Does Westlake Chemical Corp pay dividends?
Westlake Chemical Corp pays a Quarterly dividend of $2.048 which represents an annual dividend yield of 1.74%. See more information on Westlake Chemical Corp dividends here
What is Westlake Chemical Corp’s EPS estimate?
Westlake Chemical Corp’s EPS estimate is 1.11.
How many shares outstanding does Westlake Chemical Corp have?
Westlake Chemical Corp has 128,705,800 shares outstanding.
What happened to Westlake Chemical Corp’s price movement after its last earnings report?
Westlake Chemical Corp reported an EPS of $1.41 in its last earnings report, missing expectations of $2.208. Following the earnings report the stock price went up 0.809%.
Which hedge fund is a major shareholder of Westlake Chemical Corp?
Currently, no hedge funds are holding shares in WLK
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Westlake Chemical Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Strong Buy
Average Price Target:
$154.25 (31.75% Upside)
$154.25 (31.75% Upside)
Blogger Sentiment
Bullish
WLK Sentiment 100%
Sector Average 70%
Sector Average 70%
Hedge Fund Trend
Decreased
By 88.3K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $453.4K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Positive
Last 7 Days ▲ 2.0%
Last 30 Days ▲ 7.3%
Last 30 Days ▲ 7.3%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-12.64%
12-Months-Change
Fundamentals
Return on Equity
0.90%
Trailing 12-Months
Asset Growth
-1.34%
Trailing 12-Months
Company Description
Westlake Chemical Corp
Westlake Chemical Corp. manufactures and markets petrochemicals, polymers and fabricated building products. It operates through the Olefins and Vinyls segments. The Olefins segment manufactures ethylene, polyethylene, styrene, and associated co-products at the manufacturing facility in Lake Charles and polyethylene at the Longview facility. The Vinyls segment manufactures and sells building products fabricated from polyvinyl chloride, including pipe, fittings, profiles, foundation, building products, fence and deck components, window, and door components, film, and sheet products. The company was founded by Ting Tsung Chao in 1986 and is headquartered in Houston, TX.
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WLK Company Deck
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WLK Earnings Call
Q3 2024
0:00 / 0:00
Earnings Call Sentiment|Neutral
The earnings call highlighted Westlake's strong financial position, successful cost-saving efforts, and focus on innovation. However, the company faced significant challenges due to unplanned maintenance outages and weather impacts, affecting overall performance. The outlook remains optimistic, especially in the housing market, but uncertainties in the epoxy segment persist.Read More>---
WLK Stock 12 Month Forecast
Average Price Target
$154.25
▲(31.75% Upside)
Technical Analysis
Best Analysts Covering WLK
1 Year
1 Year Success Rate
9/11 ratings generated profit
1 Year Average Return
+16.05%
reiterated a sell rating 6 months ago
Copying Jeffrey Zekauskas's trades and holding each position for 1 Year would result in 81.82% of your transactions generating a profit, with an average return of +16.05% per trade.
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