Westlake Chemical Corporation (WLK): Price and Financial Metrics
WLK Stock Summary
- Westlake Chemical Corp's market capitalization of $10,940,043,904 is ahead of 83.14% of US-listed equities.
- For WLK, its debt to operating expenses ratio is greater than that reported by 85.89% of US equities we're observing.
- With a price/sales ratio of 1.46, Westlake Chemical Corp has a higher such ratio than 31.49% of stocks in our set.
- Stocks with similar financial metrics, market capitalization, and price volatility to Westlake Chemical Corp are VRTS, PKG, R, KOP, and TWNK.
- WLK's SEC filings can be seen here. And to visit Westlake Chemical Corp's official web site, go to www.westlake.com.
WLK Stock Price Chart Interactive Chart >
WLK Price/Volume Stats
| Current price | $85.59 | 52-week high | $91.83 |
| Prev. close | $85.58 | 52-week low | $28.99 |
| Day low | $83.00 | Volume | 601,500 |
| Day high | $86.21 | Avg. volume | 443,247 |
| 50-day MA | $83.98 | Dividend yield | 1.26% |
| 200-day MA | $67.51 | Market Cap | 10.94B |
Westlake Chemical Corporation (WLK) Company Bio
Westlake Chemical is a manufacturer and supplier of petrochemicals, polymers and building products used in a range of products including: ethylene, polyethylene, styrene, propylene, caustic, VCM, PVC suspension and specialty resins and PVC building products including pipe and specialty components, windows, fence, deck and film. The company was founded in 1985 and is based in Houston, Texas.
WLK Price Forecast Based on DCF Valuation
| Current Price | DCF Fair Value Target: | Forecasted Gain: |
| $85.59 | $60.31 | -30% |
We started the process of determining a valid price forecast for Westlake Chemical Corp with a discounted cash flow analysis -- the results of which can be found in the table below. To summarize, we found that Westlake Chemical Corp ranked in the 44th percentile in terms of potential gain offered. Our DCF analysis suggests the stock is overvalued by about 29.17%. The most interesting components of our discounted cash flow analysis for Westlake Chemical Corp ended up being:
- As a business, WLK is generating more cash flow than 78.44% of positive cash flow stocks in the Basic Materials.
- Westlake Chemical Corp's weighted average cost of capital (WACC) is 8%; for context, that number is higher than merely 11.76% of tickers in our DCF set.
- Westlake Chemical Corp's effective tax rate, as measured by taxes paid relative to net income, is at 0 -- greater than merely 0% of US stocks with positive free cash flow.
| Terminal Growth Rate in Free Cash Flow | Return Relative to Current Share Price |
| 0% | -31% |
| 1% | -30% |
| 2% | -30% |
| 3% | -29% |
| 4% | -28% |
| 5% | -27% |
For other companies in the Basic Materials that have a similar discounted cashflow valuation profile (and ensuing price forecasts) as WLK, try MAS, SSD, MEOH, SWM, and EMN.
Latest WLK News From Around the Web
Below are the latest news stories about Westlake Chemical Corp that investors may wish to consider to help them evaluate WLK as an investment opportunity.
Westlake Chemical Corporation Reports Fourth Quarter and Full Year 2020 ResultsHOUSTON--(BUSINESS WIRE)--Westlake Chemical Corporation (NYSE: WLK) (the "Company" or "Westlake") today reported net income attributable to Westlake for the three months ended December 31, 2020 of $113 million, or $0.87 per diluted share, on net sales of $1,965 million. Net income in the fourth quarter of 2020 increased by $41 million from fourth quarter 2019 net income of $72 million, or $0.56 per share, on net sales of $1,883 million. Income from operations of $178 million for the fourth quar |
Westlake Chemical Corp (WLK) Q4 2020 Earnings Call TranscriptImage source: The Motley Fool. Westlake Chemical Corp (NYSE: WLK)Q4 2020 Earnings CallFeb 23, 2021, 11:00 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning, ladies and gentlemen. |
Westlake Chemical Corp. to Host Earnings CallNEW YORK, NY / ACCESSWIRE / February 23, 2021 / Westlake Chemical Corp. (NYSE:WLK) will be discussing their earnings results in their 2020 Fourth Quarter Earnings call to be held on February 23, 2021 at 11:00 AM Eastern Time. |
Recap: Westlake Chemical Q4 EarningsShares of Westlake Chemical (NYSE:WLK) moved higher by 0.0% in pre-market trading after the company reported Q4 results. Quarterly Results Earnings per share increased 135.14% year over year to $0.87, which beat the estimate of $0.73. Revenue of $1,965,000,000 higher by 4.35% from the same period last year, which missed the estimate of $1,970,000,000. Looking Ahead Westlake Chemical hasn't issued any earnings guidance for the time being. Westlake Chemical hasn't issued any revenue guidance for the time being. Conference Call Details Date: Feb 23, 2021 View more earnings on WLK Time: 11:00 AM ET Webcast URL: https://edge.media-server.com/mmc/p/atqiwr7g Recent Stock Performance 52-week high: $91.83 52-week low: $28.99 Price action over last quarter: Up 24.66% Company Overview Westlake Che... |
Westlake Chemical Q4 2020 Earnings PreviewWestlake Chemical (NYSE:WLK) is scheduled to announce Q4 earnings results on Tuesday, February 23rd, before market open.The consensus EPS Estimate is $0.79 (+113.5% Y/Y) and the consensus Revenue Estimate is $1.96B (+4.3% Y/Y).Over the last 1 year, WLK has beaten EPS estimates 25% of the time and has beaten revenue... |
WLK Price Returns
| 1-mo | 11.94% |
| 3-mo | 13.89% |
| 6-mo | 40.39% |
| 1-year | 55.42% |
| 3-year | -16.51% |
| 5-year | 104.20% |
| YTD | 4.89% |
| 2020 | 18.51% |
| 2019 | 7.72% |
| 2018 | -37.27% |
| 2017 | 92.39% |
| 2016 | 4.71% |
WLK Dividends
| Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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Continue Researching WLK
Want to see what other sources are saying about Westlake Chemical Corp's financials and stock price? Try the links below:Westlake Chemical Corp (WLK) Stock Price | Nasdaq
Westlake Chemical Corp (WLK) Stock Quote, History and News - Yahoo Finance
Westlake Chemical Corp (WLK) Stock Price and Basic Information | MarketWatch
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