A share price of Westlake Corporation [WLK] is currently trading at $116.65, up 1.46%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WLK shares have gain 4.45% over the last week, with a monthly amount drifted -2.88%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Westlake Corporation [NYSE: WLK] stock has seen the most recent analyst activity on January 10, 2025, when UBS upgraded its rating to a Buy but kept the price target unchanged to $144 for it. Previously, Citigroup upgraded its rating to Buy on December 18, 2024, and dropped its price target to $140. On October 16, 2024, upgrade upgraded it’s rating to Neutral and revised its price target to $159 on the stock. Barclays upgraded its rating to a Overweight and increased its price target to $180 on September 30, 2024. RBC Capital Mkts upgraded its rating to a Outperform and raised its price target to $174 on August 23, 2024. Mizuho started tracking with a Outperform rating for this stock on August 08, 2024, and assigned it a price target of $170. In a note dated April 18, 2024, Deutsche Bank upgraded an Buy rating on this stock and boosted its target price from $138 to $174.
Westlake Corporation experienced fluctuations in its stock price throughout the past year between $108.95 and $162.64. Currently, Wall Street analysts expect the stock to reach $162.38 within the next 12 months. Westlake Corporation [NYSE: WLK] shares were valued at $116.65 at the most recent close of the market. An investor can expect a potential return of 39.2% based on the average WLK price forecast.
Analyzing the WLK fundamentals
Trailing Twelve Months sales for Westlake Corporation [NYSE:WLK] were 12.12B which represents 0.06% growth. Gross Profit Margin for this corporation currently stands at 0.14% with Operating Profit Margin at 0.06%, Pretax Profit Margin comes in at 0.02%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.04. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.5.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 115.75 points at the first support level, and at 114.84 for the second support level. However, for the 1st resistance point, the stock is sitting at 117.95, and for the 2nd resistance point, it is at 119.24.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Westlake Corporation [NYSE:WLK] is 2.79. As well, the Quick Ratio is 2.04, while the Cash Ratio is 1.24. Considering the valuation of this stock, the price to sales ratio is 1.24, the price to book ratio is 1.41 and price to earnings (TTM) ratio is 164.23.
Transactions by insiders
Recent insider trading involved Chao David Tsung-Hung, Director, that happened on Nov 29 ’24 when 1750.0 shares were sold. Director, Chao David Tsung-Hung completed a deal on Nov 26 ’24 to buy 1750.0 shares. Meanwhile, Director Chao David Tsung-Hung sold 1750.0 shares on Nov 22 ’24.
