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How to buy Westlake Chemical Corporation stock (WLK)

Buy Westlake Chemical Corporation stock in 5 easy steps, view past price performance and learn what’s ahead for the company.

Westlake Chemical Corporation is a specialty chemicals business based in the US. Westlake Chemical Corporation shares (WLK) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $127.91 – an increase of 0.96% over the previous week. Westlake Chemical Corporation employs 15,520 staff and has a trailing 12-month revenue of around $12.1 billion.

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  4. Search for the stock name – WLK. Search for the stock by name or ticker symbol.
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Westlake Chemical Corporation stock price (NYSE: WLK)

Use our graph to track the performance of WLK stocks over time.

Westlake Chemical Corporation shares at a glance

Information last updated 2024-11-14.
Latest market close$127.91
52-week range$117.41 - $161.55
50-day moving average $139.35
200-day moving average $145.59
Wall St. target price$158.88
PE ratio 178.4366
Dividend yield $2.05 (1.64%)
Earnings per share (TTM) $0.71

Is it a good time to buy Westlake Chemical Corporation stock?

The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.

This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.

Westlake Chemical Corporation price performance over time

Historical closes compared with the close of $127.04 from 2024-11-18

1 week (2024-11-13) -0.95%
1 month (2024-10-18) -8.83%
3 months (2024-08-20) -11.58%
6 months (2024-05-20) -20.71%
1 year (2023-11-20) -2.21%
2 years (2022-11-18) 25.04%
3 years (2021-11-19) 35.15%
5 years (2019-11-20) 100.10%

Is Westlake Chemical Corporation stock undervalued or overvalued?

Valuing Westlake Chemical Corporation stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Westlake Chemical Corporation's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.

Westlake Chemical Corporation's P/E ratio

Westlake Chemical Corporation's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 178x. In other words, Westlake Chemical Corporation shares trade at around 178x recent earnings.

That's relatively high compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.

Westlake Chemical Corporation's PEG ratio

Westlake Chemical Corporation's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.59. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.

The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into Westlake Chemical Corporation's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.

Westlake Chemical Corporation's EBITDA

Westlake Chemical Corporation's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $1.8 billion.

The EBITDA is a measure of a Westlake Chemical Corporation's overall financial performance and is widely used to measure a its profitability.

Westlake Chemical Corporation financials

Revenue TTM $12.1 billion
Operating margin TTM 8.18%
Gross profit TTM $4.1 billion
Return on assets TTM 2.46%
Return on equity TTM 1.26%
Profit margin 0.81%
Book value $82.84
Market Capitalization $16.3 billion

TTM: trailing 12 months

Westlake Chemical Corporation share dividends

35%

Dividend payout ratio: 34.5% of net profits

Recently Westlake Chemical Corporation has paid out, on average, around 0% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 0% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Westlake Chemical Corporation shareholders could enjoy a 0% return on their shares, in the form of dividend payments. In Westlake Chemical Corporation's case, that would currently equate to about $2.05 per share.

While Westlake Chemical Corporation's payout ratio might seem fairly standard, it's worth remembering that Westlake Chemical Corporation may be investing much of the rest of its net profits in future growth.

Westlake Chemical Corporation's most recent dividend payout was on 4 September 2024. The latest dividend was paid out to all shareholders who bought their shares by 19 August 2024 (the "ex-dividend date").

Have Westlake Chemical Corporation's shares ever split?

Westlake Chemical Corporation's shares were split on a 2:1 basis on 18 March 2014 . So if you had owned 1 share the day before before the split, the next day you'd have owned 2 shares. This wouldn't directly have changed the overall worth of your Westlake Chemical Corporation shares – just the quantity. However, indirectly, the new 50% lower share price could have impacted the market appetite for Westlake Chemical Corporation shares which in turn could have impacted Westlake Chemical Corporation's share price.

Westlake Chemical Corporation share price volatility

Over the last 12 months, Westlake Chemical Corporation's shares have ranged in value from as little as $117.4082 up to $161.5459. A popular way to gauge a stock's volatility is its "beta".

WLK.US volatility(beta: 1.19)Avg. volatility(beta: 1.00)LowHigh

Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while Westlake Chemical Corporation's is 1.191. This would suggest that Westlake Chemical Corporation's shares are a little bit more volatile than the average for this exchange and represent, relatively-speaking, a slightly higher risk (but potentially also market-beating returns).

Westlake Chemical Corporation overview

Westlake Corporation engages in the manufacture and marketing of performance and essential materials, and housing and infrastructure products in the United States, Canada, Germany, China, Mexico, Brazil, France, Italy, Taiwan, and internationally. The company operates through two segments: Performance and Essential Materials and Housing and Infrastructure Products. The Performance and Essential Materials segment offers ethylene, polyethylene, styrene, chlorinated derivative products, ethylene dichloride, vinyl chloride monomer, polyvinyl chloride (PVC), epoxy specialty resins, and base epoxy resins and intermediaries, as well as chlor-alkali, such as chlorine and caustic soda. The Housing and Infrastructure Products segment provides residential PVC sidings; PVC trim and mouldings; architectural stone veneers; windows; PVC decking; PVC films for various inflatables, wallcovering, and tape and roofing applications; polymer composite and cement roof tiles; PVC pipes and fittings for various water, sewer, electrical, and industrial applications; PVC compounds used in various housing, medical, and automobile products; and consumer and commercial products, such as landscape edging; industrial, home, and office matting; marine dock edging; and masonry joint controls. It offers its products to chemical processors, plastics fabricators, small construction contractors, municipalities, and supply warehouses for use in various consumer and industrial markets, including residential construction, flexible and rigid packaging, automotive products, healthcare products, water treatment, wind turbines, and coatings, as well as other durable and non-durable goods. The company was formerly known as Westlake Chemical Corporation and changed its name to Westlake Corporation in February 2022. Westlake Corporation was founded in 1986 and is headquartered in Houston, Texas.

Frequently asked questions

What percentage of Westlake Chemical Corporation is owned by insiders or institutions?
Currently 73.354% of Westlake Chemical Corporation shares are held by insiders and 26.198% by institutions.
How many people work for Westlake Chemical Corporation?
Latest data suggests 15,520 work at Westlake Chemical Corporation.
When does the fiscal year end for Westlake Chemical Corporation?
Westlake Chemical Corporation's fiscal year ends in December.
Where is Westlake Chemical Corporation based?
Westlake Chemical Corporation's address is: 2801 Post Oak Boulevard, Houston, TX, United States, 77056
What is Westlake Chemical Corporation's ISIN number?
Westlake Chemical Corporation's international securities identification number is: US9604131022
What is Westlake Chemical Corporation's CUSIP number?
Westlake Chemical Corporation's Committee on Uniform Securities Identification Procedures number is: 960413102

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