WLKP vs. MEOH, CC, PRM, PCT, BAK, TROX, NGVT, UAN, ECVT, and OEC
Should you be buying Westlake Chemical Partners stock or one of its competitors? The main competitors of Westlake Chemical Partners include Methanex (MEOH), Chemours (CC), Perimeter Solutions (PRM), PureCycle Technologies (PCT), Braskem (BAK), Tronox (TROX), Ingevity (NGVT), CVR Partners (UAN), Ecovyst (ECVT), and Orion (OEC). These companies are all part of the "chemicals" industry.
Westlake Chemical Partners vs.
Westlake Chemical Partners (NYSE:WLKP) and Methanex (NASDAQ:MEOH) are both basic materials companies, but which is the better investment? We will contrast the two companies based on the strength of their analyst recommendations, risk, institutional ownership, community ranking, dividends, profitability, earnings, valuation and media sentiment.
Westlake Chemical Partners has a beta of 1.1, suggesting that its stock price is 10% more volatile than the S&P 500. Comparatively, Methanex has a beta of 1.37, suggesting that its stock price is 37% more volatile than the S&P 500.
Methanex has a consensus target price of $58.00, indicating a potential upside of 15.56%. Given Methanex's higher possible upside, analysts clearly believe Methanex is more favorable than Westlake Chemical Partners.
78.3% of Westlake Chemical Partners shares are owned by institutional investors. Comparatively, 73.5% of Methanex shares are owned by institutional investors. 1.1% of Westlake Chemical Partners shares are owned by company insiders. Comparatively, 1.0% of Methanex shares are owned by company insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a stock will outperform the market over the long term.
Westlake Chemical Partners pays an annual dividend of $1.88 per share and has a dividend yield of 7.9%. Methanex pays an annual dividend of $0.74 per share and has a dividend yield of 1.5%. Westlake Chemical Partners pays out 107.4% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future. Methanex pays out 34.6% of its earnings in the form of a dividend.
In the previous week, Methanex had 16 more articles in the media than Westlake Chemical Partners. MarketBeat recorded 16 mentions for Methanex and 0 mentions for Westlake Chemical Partners. Methanex's average media sentiment score of 0.82 beat Westlake Chemical Partners' score of 0.00 indicating that Methanex is being referred to more favorably in the news media.
Methanex has higher revenue and earnings than Westlake Chemical Partners. Westlake Chemical Partners is trading at a lower price-to-earnings ratio than Methanex, indicating that it is currently the more affordable of the two stocks.
Westlake Chemical Partners has a net margin of 5.40% compared to Methanex's net margin of 4.12%. Methanex's return on equity of 9.04% beat Westlake Chemical Partners' return on equity.
Methanex received 490 more outperform votes than Westlake Chemical Partners when rated by MarketBeat users. However, 67.15% of users gave Westlake Chemical Partners an outperform vote while only 63.89% of users gave Methanex an outperform vote.
Summary
Methanex beats Westlake Chemical Partners on 13 of the 20 factors compared between the two stocks.
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New MarketBeat Followers Over Time
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Media Sentiment Over Time
This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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This page (NYSE:WLKP) was last updated on 1/15/2025 by MarketBeat.com Staff
