WLK Stock Summary and Trading Ideas (Westlake | NYSE:WLK)

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 January 31, 2025, WLK stock price declined to $115.14 with 8,837 million shares trading.

WLK has a beta of 0.78, meaning it tends to be less sensitive to market movements. WLK has a correlation of 0.17 to the broad based SPY ETF.

WLK has a market cap of $14.82 billion. This is considered a Large Cap stock.

Last quarter Westlake reported $3 billion in Revenue and $1.41 earnings per share. This fell short of revenue expectation by $-193 million and missed earnings estimates by -$.79.

In the last 3 years, WLK traded as high as $162.64 and as low as $81.29.

The top ETF exchange traded funds that WLK belongs to (by Net Assets): VTI, IJH, PAVE, SDVY, VXF.

WLK has underperformed the market in the last year with a price return of -17.3% while the SPY ETF gained +25.2%. WLK has also underperformed the stock market ETF in the last 3 month and 2 week periods returning -13.2% and -2.2%, respectively, while the SPY returned +5.1% and +2.7%, respectively.

WLK support price is $113.91 and resistance is $117.77 (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 shares will trade within this expected range on the day.