Westlake Corporation’s Market Journey: Closing Weak at 101.96, Down -3.68

Investors on the quest for market-beating returns often employ the strategy of stock picking. Making informed choices in stocks can greatly amplify your wealth.

The closing price of Westlake Corporation (NYSE: WLK) was $101.96 for the day, down -3.68% from the previous closing price of $105.86. In other words, the price has decreased by -$3.68 from its previous closing price. On the day, 1.47 million shares were traded. WLK stock price reached its highest trading level at $105.785 during the session, while it also had its lowest trading level at $100.24.

Ratios:

Our analysis of WLK’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 4.48 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 42.73. For the most recent quarter (mrq), Quick Ratio is recorded 2.04 and its Current Ratio is at 2.80. In the meantime, Its Debt-to-Equity ratio is 0.43 whereas as Long-Term Debt/Eq ratio is at 0.43.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, JP Morgan on February 27, 2025, Upgraded its rating to Neutral and sets its target price to $110 from $135 previously.

On January 28, 2025, Truist started tracking the stock assigning a Buy rating and target price of $168.

UBS Upgraded its Neutral to Buy on January 10, 2025, while the target price for the stock was maintained at $144.

Insider Transactions:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. 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:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WLK now has a Market Capitalization of 13074330624 and an Enterprise Value of 16074280960. As of this moment, Westlake’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.04, and their Forward P/E ratio for the next fiscal year is 12.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 0.96. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.08 while its Price-to-Book (P/B) ratio in mrq is 1.23. Its current Enterprise Value per Revenue stands at 1.324 whereas that against EBITDA is 8.342.

Stock Price History:

The Beta on a monthly basis for WLK is 0.99, which has changed by -0.32207447 over the last 52 weeks, in comparison to a change of 0.08275449 over the same period for the S&P500. Over the past 52 weeks, WLK has reached a high of $162.64, while it has fallen to a 52-week low of $104.74. The 50-Day Moving Average of the stock is -9.15%, while the 200-Day Moving Average is calculated to be -22.75%.

Shares Statistics:

WLK traded an average of 616.53K shares per day over the past three months and 786360 shares per day over the past ten days. A total of 128.23M shares are outstanding, with a floating share count of 32.95M. Insiders hold about 74.30% of the company’s shares, while institutions hold 27.94% stake in the company. Shares short for WLK as of 1740700800 were 1537983 with a Short Ratio of 2.49, compared to 1738281600 on 1496169. Therefore, it implies a Short% of Shares Outstanding of 1537983 and a Short% of Float of 4.64.

Dividends & Splits

With its trailing 12-month dividend rate of 2.05, WLK has a forward annual dividend rate of 2.08. Against a Trailing Annual Dividend Yield of 0.019365199The stock’s 5-year Average Dividend Yield is 1.37. The current Payout Ratio is 44.18% for WLK, which recently paid a dividend on 2025-03-04 with an ex-dividend date of 1741046400. Stock splits for the company last occurred on 2014-03-19 when the company split stock in a 2:1 ratio.

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