Westlake Corp/WLK

$150.17

-2.02%
-
1D1W1MYTD1YMAX

About Westlake Corp

Westlake Corporation is a manufacturer and supplier of materials and products that enhance life every day. The Company has operations in Asia, Europe, and North America. It provides building blocks for solutions from housing and construction to packaging and healthcare to automotive and the consumer. Its segments include Performance and Essential Materials and Housing and Infrastructure Products. The Performance and Essential Materials includes Westlake North American Vinyls, Westlake North American Chlor-alkali & Derivatives, Westlake European & Asian Chlorovinyls, Westlake Olefins, Westlake Polyethylene and Westlake Epoxy. The Housing and Infrastructure Products include Westlake Royal Building Products, Westlake Pipe and Fittings, Westlake Global Compounds and Westlake Dimex. Its products are used in diverse consumer and industrial markets, including residential construction, automotive products, water treatment, wind turbines, coatings as well as other durable and non-durable goods.

Ticker

WLK

Sector

Basic Materials

Trading on

NYSE

Industry

Chemicals - Plastics & Rubber

CEO

Albert Chao

Employees

15,520

Headquarters

Houston, United States

Westlake Corp Metrics

BasicAdvanced
$19.7B
Market cap
41.49
P/E ratio
$3.69
EPS
1.30
Beta
$1.71
Dividend rate
1.3%
Dividend yield
$19.7B
1.29565
$162.64
$103.28
406.97K
$1.71
2.369
1.787
44.986
48.032
46.43%
59.986
7.47%
2.51%
4.72%
2.95%
41.49
1.57
1.919
2.898
18.221
1.27%
1.12%
1.3%
-20.55%
-78.67%
18.69%
12.95%
17.19%

What the Analysts think about Westlake Corp

Analyst Ratings

Majority rating from 19 analysts.
Hold

Price Targets

Average projection from 17 analysts.
0.73% upside
High $185.00
Low $123.00
$150.17
Current price
$151.27
Average price target

Westlake Corp Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
-17.58% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$2.83B
-9.28%
Net income
$-497M
-274.39%
Profit margin
-17.58%
-292.34%

Westlake Corp Earnings Performance

Earnings per share (EPS)

Company profitability
Missed by 19.91%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$3.05
$2.31
$2.20
$0.72
-
Expected
$2.14
$2.93
$1.97
$0.90
$1.02
Surprise
42.22%
-21.04%
11.82%
-19.91%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

Upcoming events

FAQs

What’s the current market cap for Westlake Corp stock?

Westlake Corp (WLK) has a market cap of $19.7B as of April 17, 2024.

What is the P/E ratio for Westlake Corp stock?

The price to earnings (P/E) ratio for Westlake Corp (WLK) stock is 41.49 as of April 17, 2024.

Does Westlake Corp stock pay dividends?

Yes, the Westlake Corp (WLK) stock pays dividends to shareholders. As of April 17, 2024, the dividend rate is $1.714 and the yield is 1.3%. Westlake Corp has a payout ratio of 46.43% on a trailing twelve-month basis.

When is the next Westlake Corp dividend payment date?

The next Westlake Corp (WLK) dividend payment date is unconfirmed.

What is the beta indicator for Westlake Corp?

Westlake Corp (WLK) has a beta rating of 1.3. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Westlake Corp stock price target?

The target price for Westlake Corp (WLK) stock is $151.27, which is 0.73% above the current price of $150.17. This is an average based on projections from 17 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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