WLKP vs. TROX, PRM, PCT, ECVT, ASIX, VHI, LXFR, SLI, CBUS, and EVGN
Should you be buying Westlake Chemical Partners stock or one of its competitors? The main competitors of Westlake Chemical Partners include Tronox (TROX), Perimeter Solutions (PRM), PureCycle Technologies (PCT), Ecovyst (ECVT), AdvanSix (ASIX), Valhi (VHI), Luxfer (LXFR), Standard Lithium (SLI), Cibus (CBUS), and Evogene (EVGN). These companies are all part of the "chemicals" industry.
Tronox (NYSE:TROX) and Westlake Chemical Partners (NYSE:WLKP) are both basic materials companies, but which is the better stock? We will compare the two businesses based on the strength of their community ranking, profitability, media sentiment, institutional ownership, earnings, risk, valuation, dividends and analyst recommendations.
In the previous week, Tronox and Tronox both had 1 articles in the media. Westlake Chemical Partners' average media sentiment score of 0.67 beat Tronox's score of 0.00 indicating that Tronox is being referred to more favorably in the media.
Tronox pays an annual dividend of $0.50 per share and has a dividend yield of 3.1%. Westlake Chemical Partners pays an annual dividend of $1.89 per share and has a dividend yield of 8.2%. Tronox pays out -22.4% of its earnings in the form of a dividend. Westlake Chemical Partners pays out 122.7% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.
Westlake Chemical Partners has a net margin of 4.64% compared to Westlake Chemical Partners' net margin of -11.93%. Tronox's return on equity of 6.32% beat Westlake Chemical Partners' return on equity.
Westlake Chemical Partners received 28 more outperform votes than Tronox when rated by MarketBeat users. Likewise, 67.07% of users gave Westlake Chemical Partners an outperform vote while only 55.58% of users gave Tronox an outperform vote.
Westlake Chemical Partners has lower revenue, but higher earnings than Tronox. Tronox is trading at a lower price-to-earnings ratio than Westlake Chemical Partners, indicating that it is currently the more affordable of the two stocks.
Tronox currently has a consensus price target of $18.50, suggesting a potential upside of 13.92%. Given Westlake Chemical Partners' higher probable upside, equities analysts plainly believe Tronox is more favorable than Westlake Chemical Partners.
73.4% of Tronox shares are held by institutional investors. Comparatively, 78.3% of Westlake Chemical Partners shares are held by institutional investors. 1.6% of Tronox shares are held by company insiders. Comparatively, 1.1% of Westlake Chemical Partners shares are held by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
Tronox has a beta of 1.7, indicating that its share price is 70% more volatile than the S&P 500. Comparatively, Westlake Chemical Partners has a beta of 1.12, indicating that its share price is 12% more volatile than the S&P 500.
Summary
Westlake Chemical Partners beats Tronox on 10 of the 18 factors compared between the two stocks.
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This chart shows the number of new MarketBeat users adding WLKP and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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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