A share price of Westlake Corporation [WLK] is currently trading at $108.63, down -1.65%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The WLK shares have gain 1.51% over the last week, with a monthly amount drifted -2.60%, 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 February 27, 2025, when JP Morgan upgraded its rating to a Neutral and also revised its price target to $110 from $135. Previously, Truist started tracking the stock with Buy rating on January 28, 2025, and set its price target to $168. On January 10, 2025, upgrade upgraded it’s rating to Buy but maintained its price target of $144 on the stock. Citigroup upgraded its rating to a Buy and decreased its price target to $140 on December 18, 2024. BofA Securities upgraded its rating to a Neutral and raised its price target to $159 on October 16, 2024. Barclays upgraded its rating to Overweight for this stock on September 30, 2024, and upped its price target to $180. In a note dated August 23, 2024, RBC Capital Mkts upgraded an Outperform rating on this stock and boosted its target price from $157 to $174.
Westlake Corporation experienced fluctuations in its stock price throughout the past year between $104.74 and $162.64. Currently, Wall Street analysts expect the stock to reach $159.75 within the next 12 months. Westlake Corporation [NYSE: WLK] shares were valued at $108.63 at the most recent close of the market. An investor can expect a potential return of 47.06% based on the average WLK price forecast.
Analyzing the WLK fundamentals
Trailing Twelve Months sales for Westlake Corporation [NYSE:WLK] were 12.14B which represents 0.60% growth. 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 0.05. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.0.
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 106.40 points at the first support level, and at 104.16 for the second support level. However, for the 1st resistance point, the stock is sitting at 111.16, and for the 2nd resistance point, it is at 113.68.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Westlake Corporation [NYSE:WLK] is 2.80. Also, the Quick Ratio is 2.04, while the Cash Ratio stands at 1.32. Considering the valuation of this stock, the price to sales ratio is 1.15, the price to book ratio is 1.31 and price to earnings (TTM) ratio is 23.48.
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.
