NYSE:WLK - Westlake Chemical Stock Price, Price Target & More

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$104.69 -3.17 (-2.94 %)
(As of 06/25/2018 12:02 PM ET)
Previous Close$107.10
Today's Range$103.96 - $107.10
52-Week Range$61.51 - $124.29
Volume6,924 shs
Average Volume909,959 shs
Market Capitalization$13.98 billion
P/E Ratio19.29
Dividend Yield0.78%
Beta1.55
Westlake Chemical logoWestlake 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
SymbolNYSE:WLK
CUSIP96041310
Phone713-960-9111

Debt

Debt-to-Equity Ratio0.47
Current Ratio1.79
Quick Ratio1.22

Price-To-Earnings

Trailing P/E Ratio19.29
Forward P/E Ratio11.61
P/E Growth0.98

Sales & Book Value

Annual Sales$8.04 billion
Price / Sales1.69
Cash Flow$9.8764 per share
Price / Cash10.60
Book Value$41.59 per share
Price / Book2.52

Profitability

EPS (Most Recent Fiscal Year)$5.47
Net Income$1.30 billion
Net Margins17.61%
Return on Equity17.77%
Return on Assets7.67%

Miscellaneous

Employees8,800
Outstanding Shares129,600,000

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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 declared a quarterly dividend on Monday, May 21st. Shareholders of record on Wednesday, May 30th will be paid a dividend of $0.21 per share on Wednesday, June 13th. This represents a $0.84 dividend on an annualized basis and a yield of 0.80%. The ex-dividend date of this dividend is Tuesday, May 29th. View Westlake Chemical's Dividend History.

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

Shares of Westlake Chemical split before market open on Wednesday, March 19th 2014. The 2-1 split was announced on Tuesday, February 18th 2014. The newly created shares were issued to shareholders after the closing bell 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) announced its quarterly earnings results on Thursday, May, 3rd. The specialty chemicals company reported $2.20 earnings per share for the quarter, topping analysts' consensus estimates of $2.09 by $0.11. The specialty chemicals company had revenue of $2.15 billion for the quarter, compared to analyst estimates of $2.14 billion. Westlake Chemical had a net margin of 17.61% and a return on equity of 17.77%. The firm's revenue for the quarter was up 10.7% on a year-over-year basis. During the same quarter last year, the company earned $1.06 EPS. 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 Thursday, August, 2nd 2018. View Earnings Estimates for Westlake Chemical.

What price target have analysts set for WLK?

18 analysts have issued 12-month price targets for Westlake Chemical's shares. Their predictions range from $87.00 to $150.00. On average, they anticipate Westlake Chemical's stock price to reach $119.9375 in the next year. View Analyst Ratings for Westlake Chemical.

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. Robert F. Buesinger, Exec. VP of Vinyl Products (Age 61)
  • Mr. George J. Mangieri, Sr. VP & Chief Accounting Officer (Age 67)
  • Mr. L. Benjamin Ederington, Chief Admin. Officer, Sr. VP, Gen. Counsel & Corp. Sec. (Age 47)

Has Westlake Chemical been receiving favorable news coverage?

News coverage about WLK stock has been trending somewhat positive this week, according to Accern Sentiment. The research firm identifies negative and positive news coverage by monitoring more than 20 million blog and news sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Westlake Chemical earned a daily sentiment score of 0.16 on Accern's scale. They also assigned headlines about the specialty chemicals company an impact score of 45.82 out of 100, meaning that recent news coverage is somewhat unlikely to have an effect on the company's share price in the near term.

Who are Westlake Chemical's major shareholders?

Westlake Chemical's stock is owned by many different of retail and institutional investors. Top institutional shareholders include BlackRock Inc. (1.18%), Dimensional Fund Advisors LP (0.87%), Prudential Financial Inc. (0.59%), RE Advisers Corp (0.48%), Royal Bank of Canada (0.38%) and Federated Investors Inc. PA (0.32%). 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, Michael J Mattina, Robert F Buesinger and Robert T Blakely. View Institutional Ownership Trends for Westlake Chemical.

Which institutional investors are selling Westlake Chemical stock?

WLK stock was sold by a variety of institutional investors in the last quarter, including Millennium Management LLC, JPMorgan Chase & Co., Scopus Asset Management L.P., RE Advisers Corp, Federated Investors Inc. PA, Rothschild Asset Management Inc., Lord Abbett & CO. LLC and Victory Capital Management Inc.. Company insiders that have sold Westlake Chemical company stock in the last year 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 Insider Buying and Selling for Westlake Chemical.

Which institutional investors are buying Westlake Chemical stock?

WLK stock was purchased by a variety of institutional investors in the last quarter, including Prudential Financial Inc., Capital Growth Management LP, Mackay Shields LLC, KBC Group NV, Carillon Tower Advisers Inc., Allianz Asset Management GmbH, Allianz Asset Management GmbH and Royal Bank of Canada. 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 $105.20.

How big of a company is Westlake Chemical?

Westlake Chemical has a market capitalization of $13.98 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.

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 (WLK)

Community Ranking:  2.6 out of 5 (star star)
Outperform Votes:  286 (Vote Outperform)
Underperform Votes:  258 (Vote Underperform)
Total Votes:  544
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 6/25/2018 by MarketBeat.com Staff

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