Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
After finishing at $71.53 in the prior trading day, Westlake Corporation (NYSE: WLK) closed at $72.70, up 1.64%. In other words, the price has increased by $1.64 from its previous closing price. On the day, 1.36 million shares were traded.
Ratios:
Our goal is to gain a better understanding of WLK by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 3.76 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 110.99. For the most recent quarter (mrq), Quick Ratio is recorded 1.86 and its Current Ratio is at 2.64. In the meantime, Its Debt-to-Equity ratio is 0.53 whereas as Long-Term Debt/Eq ratio is at 0.51.
On April 15, 2025, BofA Securities Upgraded its rating to Buy which previously was Neutral but kept the price unchanged to $75.
Piper Sandler Downgraded its Overweight to Neutral on March 26, 2025, whereas the target price for the stock was revised from $135 to $120.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Nov 29 ’24 when Chao David Tsung-Hung sold 1,750 shares for $129.08 per share. The transaction valued at 225,888 led to the insider holds 7,784 shares of the business.
Chao David Tsung-Hung bought 1,750 shares of WLK for $232,750 on Nov 26 ’24. On Nov 22 ’24, another insider, Chao David Tsung-Hung, who serves as the Director of the company, sold 1,750 shares for $130.00 each. As a result, the insider received 227,500 and left with 9,534 shares of the company.
Valuation Measures:
As of this moment, Westlake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 24.45, and their Forward P/E ratio for the next fiscal year is 14.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.40. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.78 while its Price-to-Book (P/B) ratio in mrq is 0.90.
Stock Price History:
Over the past 52 weeks, WLK has reached a high of $161.31, while it has fallen to a 52-week low of $70.28. The 50-Day Moving Average of the stock is -19.02%, while the 200-Day Moving Average is calculated to be -38.54%.
Shares Statistics:
A total of 128.24M shares are outstanding, with a floating share count of 32.95M. Insiders hold about 74.31% of the company’s shares, while institutions hold 28.81% stake in the company.
