At the time of writing, Westlake Corporation [WLK] stock is trading at $112.32, up 0.21%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The WLK shares have lost -1.12% over the last week, with a monthly amount drifted -4.47%, 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 28, 2025, when Truist initiated its Buy rating and assigned the stock a price target of $168. Previously, UBS upgraded its rating to Buy on January 10, 2025, and kept the price target unchanged to $144. On December 18, 2024, upgrade upgraded it’s rating to Buy and revised its price target to $140 on the stock. BofA Securities upgraded its rating to a Neutral and increased its price target to $159 on October 16, 2024. Barclays upgraded its rating to a Overweight and raised its price target to $180 on September 30, 2024. RBC Capital Mkts upgraded its rating to Outperform for this stock on August 23, 2024, and upped its price target to $174. In a note dated August 08, 2024, Mizuho initiated an Outperform rating and provided a target price of $170 on this stock.
For the past year, the stock price of Westlake Corporation fluctuated between $104.74 and $162.64. Currently, Wall Street analysts expect the stock to reach $161.8 within the next 12 months. Westlake Corporation [NYSE: WLK] shares were valued at $112.32 at the most recent close of the market. An investor can expect a potential return of 44.05% based on the average WLK price forecast.
Analyzing the WLK fundamentals
According to Westlake Corporation [NYSE:WLK], the company’s sales were 12.14B for trailing twelve months, which represents an 0.60% jump. Gross Profit Margin for this corporation currently stands at 0.16% with Operating Profit Margin at 0.07%, Pretax Profit Margin comes in at 0.08%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.03, Equity is 0.06 and Total Capital is 0.04. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.0.
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 111.01 points at the first support level, and at 109.70 for the second support level. However, for the 1st resistance point, the stock is sitting at 113.70, and for the 2nd resistance point, it is at 115.08.
Ratios To Look Out For
It is important to note that Westlake Corporation [NYSE:WLK] has a current ratio of 2.80. As well, the Quick Ratio is 2.04, while the Cash Ratio is 486.5. Considering the valuation of this stock, the price to sales ratio is 1.19, the price to book ratio is 1.36 and price to earnings (TTM) ratio is 24.28.
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.
