NYSE:WLK - Westlake Chemical Stock Price, News, & Analysis

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$74.62 -0.09 (-0.12 %)
(As of 01/17/2019 10:51 AM ET)
Previous Close$74.71
Today's Range$73.62 - $74.63
52-Week Range$59.78 - $124.29
Volume4,505 shs
Average Volume747,236 shs
Market Capitalization$9.38 billion
P/E Ratio13.54
Dividend Yield1.38%
Beta1.47
Westlake Chemical Corporation manufactures and markets basic chemicals, vinyls, polymers, and building products primarily in North America and Europe. It operates through two segments, Olefins and Vinyls. The Olefins segment offers polyethylene, styrene monomers, and various ethylene co-products, as well as sells propylene, crude butadiene, pyrolysis gasoline, and hydrogen products. The Vinyls segment provides specialty and commodity polyvinyl chloride (PVC), vinyl chloride monomers, ethylene dichloride, chlorine, caustic soda, chlorinated derivative, and ethylene products. This segment also manufactures and sells building products fabricated from PVC, including pipe, fittings, profiles, trims, moldings, fence and decking products, window and door components, and film and sheet products. Westlake Chemical Corporation offers its products to a range of customers, including chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses in various consumer and industrial markets, such as flexible and rigid packaging, automotive products, coatings, water treatment, refrigerants, residential and commercial construction, as well as other durable and non-durable goods. The company was founded in 1985 and is headquartered in Houston, Texas. Westlake Chemical Corporation is a subsidiary of TTWF LP.

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Industry, Sector and Symbol

Industry Industrial organic chemicals
Sub-IndustryCommodity Chemicals
SectorBasic Materials
CUSIP96041310
Phone713-960-9111

Debt

Current Ratio2.31
Quick Ratio1.59

Price-To-Earnings

Sales & Book Value

Annual Sales$8.04 billion
Price / Sales1.20
Cash Flow$10.4656 per share
Price / Cash Flow7.13
Book Value$41.59 per share
Price / Book1.79

Profitability

Net Income$1.30 billion
Net Margins19.36%
Return on Assets9.69%

Miscellaneous

Employees8,800
Market Cap$9.38 billion
OptionableOptionable

Westlake Chemical (NYSE:WLK) Frequently Asked Questions

What is Westlake Chemical's stock symbol?

Westlake Chemical trades on the New York Stock Exchange (NYSE) under the ticker symbol "WLK."

How often does Westlake Chemical pay dividends? What is the dividend yield for Westlake Chemical?

Westlake Chemical announced a quarterly dividend on Monday, November 19th. Shareholders of record on Tuesday, November 27th will be paid a dividend of $0.25 per share on Tuesday, December 11th. This represents a $1.00 annualized dividend and a yield of 1.34%. The ex-dividend date is Monday, November 26th. View Westlake Chemical's Dividend History.

When did Westlake Chemical's stock split? How did Westlake Chemical's stock split work?

Westlake Chemical shares split 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 Westlake Chemical stock prior to the split would have 200 shares after the split.

How were Westlake Chemical's earnings last quarter?

Westlake Chemical Co. (NYSE:WLK) released its quarterly earnings results on Tuesday, November, 6th. The specialty chemicals company reported $2.35 earnings per share for the quarter, topping the consensus estimate of $2.24 by $0.11. The specialty chemicals company had revenue of $2.26 billion for the quarter, compared to the consensus estimate of $2.24 billion. Westlake Chemical had a net margin of 19.36% and a return on equity of 19.75%. The business's revenue was up 6.9% on a year-over-year basis. During the same period in the previous year, the company posted $1.61 earnings per share. View Westlake Chemical's Earnings History.

When is Westlake Chemical's next earnings date?

Westlake Chemical is scheduled to release their next quarterly earnings announcement on Tuesday, February 19th 2019. View Earnings Estimates for Westlake Chemical.

What price target have analysts set for WLK?

16 equities research analysts have issued 12-month price targets for Westlake Chemical's stock. Their predictions range from $75.00 to $150.00. On average, they anticipate Westlake Chemical's share price to reach $104.40 in the next year. This suggests a possible upside of 39.7% from the stock's current price. View Analyst Price Targets for Westlake Chemical.

What is the consensus analysts' recommendation for Westlake Chemical?

16 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Westlake Chemical in the last year. There are currently 1 sell rating, 7 hold ratings and 8 buy ratings for the stock, resulting in a consensus recommendation of "Hold." View Analyst Ratings for Westlake Chemical.

Has Westlake Chemical been receiving favorable news coverage?

Press coverage about WLK stock has trended somewhat negative this week, according to InfoTrie. The research firm identifies negative and positive media coverage by reviewing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Westlake Chemical earned a media sentiment score of -1.6 on InfoTrie's scale. They also gave news stories about the specialty chemicals company a news buzz of 10.0 out of 10, meaning that recent media coverage is extremely likely to have an impact on the company's share price in the next few days.

Are investors shorting Westlake Chemical?

Westlake Chemical saw a increase in short interest in the month of November. As of November 30th, there was short interest totalling 3,495,768 shares, an increase of 50.8% from the November 15th total of 2,317,434 shares. Based on an average daily volume of 728,297 shares, the short-interest ratio is presently 4.8 days. Currently, 9.8% of the company's stock are short sold. View Westlake Chemical's Current Options Chain.

Who are some of Westlake Chemical's key competitors?

Who are Westlake Chemical's key executives?

Westlake Chemical's management team includes the folowing people:
  • Mr. Albert Yuan Chao, Pres, CEO & Director (Age 68)
  • Mr. Steven Mark Bender CPA, Exec. VP & CFO (Age 61)
  • Mr. L. Benjamin Ederington, Chief Admin. Officer, Sr. VP, Gen. Counsel & Corp. Sec. (Age 47)
  • Mr. Robert F. Buesinger, Exec. VP of Vinyl Products (Age 61)
  • Mr. George J. Mangieri, Sr. VP & Chief Accounting Officer (Age 67)

Who are Westlake Chemical's major shareholders?

Westlake Chemical's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Columbus Macro LLC (0.01%) and Cerebellum GP LLC (0.00%). Company insiders that own Westlake Chemical stock include Albert Chao, Andrew Kenner, Dorothy C Jenkins, George J Mangieri, James Chao, L Benjamin Ederington, Lawrence E Teel, Mark Steven Bender, Max L Lukens, Robert F Buesinger and Robert T Blakely. View Institutional Ownership Trends for Westlake Chemical.

Which major investors are buying Westlake Chemical stock?

WLK stock was purchased by a variety of institutional investors in the last quarter, including Columbus Macro LLC and Cerebellum GP LLC. View Insider Buying and Selling for Westlake Chemical.

How do I buy shares of Westlake Chemical?

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

What is Westlake Chemical's stock price today?

One share of WLK stock can currently be purchased for approximately $74.71.

How big of a company is Westlake Chemical?

Westlake Chemical has a market capitalization of $9.38 billion and generates $8.04 billion in revenue each year. The specialty chemicals company earns $1.30 billion in net income (profit) each year or $5.47 on an earnings per share basis. Westlake Chemical employs 8,800 workers across the globe.

What is Westlake Chemical's official website?

The official website for Westlake Chemical is http://www.westlake.com.

How can I contact Westlake Chemical?

Westlake Chemical's mailing address is 2801 POST OAK BLVD SUITE 600, HOUSTON TX, 77056. The specialty chemicals company can be reached via phone at 713-960-9111 or via email at [email protected]


MarketBeat Community Rating for Westlake Chemical (NYSE WLK)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  333 (Vote Outperform)
Underperform Votes:  312 (Vote Underperform)
Total Votes:  645
MarketBeat's community ratings are surveys of what our community members think about Westlake Chemical and other stocks. Vote "Outperform" if you believe WLK will outperform the S&P 500 over the long term. Vote "Underperform" if you believe WLK will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 1/17/2019 by MarketBeat.com Staff

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