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Westlake Chemical (WLK)
:WLK
WLK Stock Chart & Stats
Day’s Range― - ―
52-Week Range$108.56 - $162.64
Previous CloseN/A
Volume82.85K
Average Volume (3M)573.99K
Market Cap
$14.34B
Enterprise Value$22.54B
Total Cash (Recent Filing)N/A
Total Debt (Recent Filing)N/A
Price to Earnings (P/E)156.8
Beta1.14
Next Earnings
Feb 24, 2025EPS Estimate
1.1Last Dividend Ex-Date
Nov 26, 2024Dividend Yield1.8%
Share Statistics
EPS (TTM)0.71
Shares Outstanding128,705,800
10 Day Avg. Volume616,233
30 Day Avg. Volume573,985
Standard Deviation0.10
R-Squared0.40
Alpha0.00273
Financial Highlights & Ratios
PEG RatioN/A
Price to Book (P/B)N/A
Price to Sales (P/S)1.21
Price to Cash Flow (P/CF)7.70
P/FCF Ratio14.40
Enterprise Value/Market Cap1.57
Enterprise Value/RevenueN/A
Enterprise Value/Gross Profit10.16
Enterprise Value/Ebitda15.45
Forecast
1Y Price Target
$149.00Price Target Upside33.75% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering9
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Westlake Chemical News
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Bulls Say, Bears Say
Bulls Say
Earnings PotentialRepairs from unplanned maintenance turnarounds are complete, eliminating a major headwind to WLK's EBITDA.
Financial StabilityWestlake has maintained approximately $3 billion in cash on its balance sheet, indicating a strong financial position.
Market PositionWestlake highlights growth in their HIP business as aligned with nationwide builders, which is seen as a strong market position.
Bears Say
Earnings MissWLK 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 ChallengesWLK's 3Q was hurt by temporary operational and weather impacts, excluding which results would have come largely in line with expectations.
Supply Chain VulnerabilityWestlake is currently a buyer of a significant amount of ethylene and seeks further integration, indicating potential vulnerability in supply chain stability.
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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’s price range in the past 12 months?
Westlake Chemical lowest stock price was $108.56 and its highest was $162.64 in the past 12 months.
What is Westlake Chemical’s market cap?
Westlake Chemical’s market cap is $14.34B.
When is Westlake Chemical’s upcoming earnings report date?
Westlake Chemical’s upcoming earnings report date is Feb 24, 2025 which is in 2 days.
How were Westlake Chemical’s earnings last quarter?
Westlake Chemical 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 overvalued?
According to Wall Street analysts Westlake Chemical’s price is currently Undervalued.
Does Westlake Chemical pay dividends?
Westlake Chemical pays a Quarterly dividend of $0.524 which represents an annual dividend yield of 1.8%. See more information on Westlake Chemical dividends here
What is Westlake Chemical’s EPS estimate?
Westlake Chemical’s EPS estimate is 1.1.
How many shares outstanding does Westlake Chemical have?
Westlake Chemical has 128,705,800 shares outstanding.
What happened to Westlake Chemical’s price movement after its last earnings report?
Westlake Chemical 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?
Currently, no hedge funds are holding shares in WLK
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Westlake Chemical Stock Smart Score
Neutral
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10
Analyst Consensus
Strong Buy
Average Price Target:
$149.00 (33.75% Upside)
$149.00 (33.75% Upside)
Blogger Sentiment
Bullish
WLK Sentiment 70%
Sector Average 73%
Sector Average 73%
Hedge Fund Trend
Increased
By 8.8K 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 ▲ 1.0%
Last 30 Days ▲ 31.0%
Last 30 Days ▲ 31.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-14.90%
12-Months-Change
Fundamentals
Return on Equity
0.90%
Trailing 12-Months
Asset Growth
-1.34%
Trailing 12-Months
Company Description
Westlake Chemical
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
$149.00
▲(33.75% Upside)
Technical Analysis
Best Analysts Covering WLK
1 Year
1 Year Success Rate
19/30 ratings generated profit
1 Year Average Return
+8.33%
reiterated a buy rating 25 days ago
Copying Michael Sison's trades and holding each position for 1 Year would result in 63.33% of your transactions generating a profit, with an average return of +8.33% per trade.
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