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NYSE:WLK

Westlake (WLK) Stock Price, News & Analysis

$143.03
+0.32 (+0.22%)
(As of 07/26/2024 ET)
Today's Range
$140.60
$143.94
50-Day Range
$140.17
$160.63
52-Week Range
$112.77
$162.64
Volume
685,971 shs
Average Volume
401,529 shs
Market Capitalization
$18.39 billion
P/E Ratio
71.87
Dividend Yield
1.40%
Price Target
$156.75

Westlake MarketRank™ Stock Analysis

Analyst Rating
Hold
2.23 Rating Score
Upside/​Downside
9.6% Upside
$156.75 Price Target
Short Interest
Healthy
3.60% of Float Sold Short
Dividend Strength
Strong
Based on Four Factors
Sustainability
-5.16
Upright™ Environmental Score
News Sentiment
0.14mentions of Westlake in the last 14 days
Based on 6 Articles This Week
Insider Trading
Selling Shares
$753,340 Sold Last Quarter
Proj. Earnings Growth
26.38%
From $6.52 to $8.24 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

4.56 out of 5 stars

Basic Materials Sector

29th out of 175 stocks

Industrial Organic Chemicals Industry

3rd out of 17 stocks

WLK stock logo

About Westlake Stock (NYSE:WLK)

Westlake Corporation engages in the manufacture and marketing of performance and essential materials, and housing and infrastructure products in the United States, Canada, Germany, China, Mexico, Brazil, France, Italy, Taiwan, and internationally. The company operates through two segments: Performance and Essential Materials and Housing and Infrastructure Products. The Performance and Essential Materials segment offers ethylene, polyethylene, styrene, chlorinated derivative products, ethylene dichloride, vinyl chloride monomer, polyvinyl chloride (PVC), epoxy specialty resins, and base epoxy resins and intermediaries, as well as chlor-alkali, such as chlorine and caustic soda. The Housing and Infrastructure Products segment provides residential PVC sidings; PVC trim and mouldings; architectural stone veneers; windows; PVC decking; PVC films for various inflatables, wallcovering, and tape and roofing applications; polymer composite and cement roof tiles; PVC pipes and fittings for various water, sewer, electrical, and industrial applications; PVC compounds used in various housing, medical, and automobile products; and consumer and commercial products, such as landscape edging; industrial, home, and office matting; marine dock edging; and masonry joint controls. It offers its products to chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses for use in various consumer and industrial markets, including residential construction, flexible and rigid packaging, automotive products, healthcare products, water treatment, wind turbines, and coatings, as well as other durable and non-durable goods. The company was formerly known as Westlake Chemical Corporation and changed its name to Westlake Corporation in February 2022. Westlake Corporation was founded in 1986 and is headquartered in Houston, Texas. Westlake Corporation operates as a subsidiary of TTWF LP.

WLK Stock Price History

WLK Stock News Headlines

Let’s Front Run These 5 Upcoming Dividend Hikes
Five growth companies are about to hike their dividends. Let’s front run these payout moves. Many vanilla income investors miss these stocks because t
AMG Schedule for Second Quarter 2024 Earnings Release
Elon to Transform U.S. Economy?
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
Westlake Epoxy Receives EcoVadis Gold Rating
Elon to Transform U.S. Economy?
A radical, potentially game-changing technology that threatens to destroy the trillion-dollar, “green energy” grift of the elites. And yet, while it threatens their wealth and power, it could be transformational for both the U.S. economy and your wealth.
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Ex-Dividend for 6/6 Dividend
5/20/2024
Dividend Payable
6/06/2024
Today
7/26/2024
Next Earnings (Confirmed)
8/06/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Industrial organic chemicals
Sub-Industry
Commodity Chemicals
CUSIP
96041310
Employees
15,520
Year Founded
1986

Price Target and Rating

Average Stock Price Target
$156.75
High Stock Price Target
$180.00
Low Stock Price Target
$115.00
Potential Upside/Downside
+9.6%
Consensus Rating
Hold
Rating Score (0-4)
2.23
Research Coverage
13 Analysts

Profitability

Net Income
$479 million
Pretax Margin
3.43%

Debt

Sales & Book Value

Annual Sales
$12.55 billion
Cash Flow
$17.09 per share
Book Value
$84.00 per share

Miscellaneous

Free Float
33,300,000
Market Cap
$18.39 billion
Optionable
Optionable
Beta
1.20

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WLK Stock Analysis - Frequently Asked Questions

How have WLK shares performed this year?

Westlake's stock was trading at $139.96 at the beginning of the year. Since then, WLK stock has increased by 2.2% and is now trading at $143.03.
View the best growth stocks for 2024 here
.

How were Westlake's earnings last quarter?

Westlake Co. (NYSE:WLK) announced its earnings results on Wednesday, May, 1st. The specialty chemicals company reported $1.34 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.09 by $0.25. The business's quarterly revenue was down 11.4% compared to the same quarter last year.

When did Westlake's stock split?

Westlake's stock split before market open on Wednesday, March 19th 2014. The 2-1 split was announced on Tuesday, February 18th 2014. The newly issued shares were distributed to shareholders after the market closes on Tuesday, March 18th 2014. An investor that had 100 shares of stock prior to the split would have 200 shares after the split.

What is Albert Chao's approval rating as Westlake's CEO?

60 employees have rated Westlake Chief Executive Officer Albert Chao on Glassdoor.com. Albert Chao has an approval rating of 91% among the company's employees. This puts Albert Chao in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. 73.0% of employees surveyed would recommend working at Westlake to a friend.

Does Westlake have any subsidiaries?

The following companies are subsidiaries of Westlake: Nakan, Axiall Corporation, Vinnolit Holdings, CertainTeed Corporation, Axiall Canada Inc., Axiall Holdco Inc., Axiall Limited Partnership, and more.

Who are Westlake's major shareholders?

Top institutional investors of Westlake include Bank of New York Mellon Corp (0.26%), Allspring Global Investments Holdings LLC (0.16%), Sumitomo Mitsui Trust Holdings Inc. (0.06%) and Wedge Capital Management L L P NC (0.05%). Insiders that own company stock include Albert Chao, Mark Steven Bender, L Benjamin Ederington, Roger L Kearns, Robert F Buesinger, David Tsung-Hung Chao and Johnathan Stevan Zoeller.
View institutional ownership trends
.

How do I buy shares of Westlake?

Shares of WLK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Westlake own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Westlake investors own include NVIDIA (NVDA), Home Depot (HD), Advanced Micro Devices (AMD), Boeing (BA), Micron Technology (MU), UnitedHealth Group (UNH) and Mastercard (MA).

This page (NYSE:WLK) was last updated on 7/27/2024 by MarketBeat.com Staff

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