22-Apr-2024
No headlines found.
Westlake Epoxy Introducing New Lower Yellowing Epoxy Products
Business Wire (Mon, 22-Apr 6:45 AM ET)
Westlake Announces First Quarter 2024 Earnings Conference Call
Business Wire (Wed, 17-Apr 8:00 AM ET)
Westlake to Host Housing & Infrastructure Products-Focused Investor Event
Business Wire (Tue, 12-Mar 6:30 AM ET)
DaVinci Roofscapes Launches "FRESH Colors for Homes with Brick or Stone" E-book
Business Wire (Wed, 28-Feb 1:00 PM ET)
Business Wire (Wed, 28-Feb 9:00 AM ET)
Business Wire (Tue, 27-Feb 11:00 AM ET)
Westlake Royal Building Products Launches Royal WoodTone Styles
Business Wire (Tue, 27-Feb 10:00 AM ET)
Westlake Royal Building Products Announces 2024 Industry Trends at 2024 International Builders' Show
Business Wire (Tue, 27-Feb 9:00 AM ET)
Westlake Epoxy Receives ISCC PLUS Certification at its Duisburg, Germany Site
Business Wire (Tue, 27-Feb 6:45 AM ET)
Business Wire (Mon, 26-Feb 1:00 PM ET)
Westlake Corp is a manufacturer and supplier of chemicals, polymers and building products. Its Performance and Essential Materials segment offers a wide range of essential building blocks for making products utilized in everyday living, including olefins, vinyl chemicals, polyethylene, and epoxies. Its Housing and Infrastructure Products segment produces key finished goods for building products, pipe and fittings, and global compounds businesses.
Westlake trades on the NYSE stock market under the symbol WLK.
As of April 22, 2024, WLK stock price declined to $149.68 with 390,482 million shares trading.
WLK has a beta of 1.11, meaning it tends to be more sensitive to market movements. WLK has a correlation of 0.28 to the broad based SPY ETF.
WLK has a market cap of $19.19 billion. This is considered a Large Cap stock.
Last quarter Westlake reported $3 billion in Revenue and $.72 earnings per share. This fell short of revenue expectation by $-34 million and missed earnings estimates by -$.18.
In the last 3 years, WLK stock traded as high as $162.64 and as low as $78.06.
The top ETF exchange traded funds that WLK belongs to (by Net Assets): COWZ, VTI, IJH, PAVE, VXF.
WLK has outperformed the market in the last year with a return of +28.2%, while the SPY ETF gained +22.3%. In the last 3 month period, WLK beat the market returning +8.4%, while SPY returned +3.9%. However, in the most recent 2 weeks WLK has underperformed the stock market by returning -6.7%, while SPY returned -3.6%.
WLK support price is $148.25 and resistance is $153.27 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that WLK stock will trade within this expected range on the day.