Westlake Corporation (NYSE: WLK) on Friday, plunged -3.74% from the previous trading day, before settling in for the closing price of $82.07. Within the past 52 weeks, WLK’s price has moved between $68.55 and $153.34.
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A company in the Basic Materials sector has jumped its sales by 7.33% annually for the last half of the decade. The company achieved an average annual earnings per share of -95.16%. With a float of $32.95 million, this company’s outstanding shares have now reached $128.24 million.
In an organization with 15540 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 11.2%, operating margin of 0.89%, and the pretax margin is 1.04%.
Westlake Corporation (WLK) Insider and Institutional Ownership
Observing investor behavior towards Specialty Chemicals industry stocks is more important than anything else. The insider ownership of Westlake Corporation is 74.31%, while institutional ownership is 29.71%. The most recent insider transaction that took place on Apr 22 ’25, was worth 7,751. In this transaction EVP, PEM Segment Head of this company bought 83 shares at a rate of $93.39, taking the stock ownership to the 83 shares. Before that another transaction happened on May 27 ’25, when Company’s EVP, PEM Segment Head sold 83 for $72.70, making the entire transaction worth $6,034. This insider now owns 0 shares in total.
Westlake Corporation (WLK) Latest Financial update
As on 9/30/2024, Multinational firm has announced its last quarter scores, in which it reported 1.41 earnings per share (EPS) for the period falling under the consensus outlook (set at 2.24) by -0.83. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -95.16% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -2.77% during the next five years compared to 7.33% growth over the previous five years of trading.
Westlake Corporation (NYSE: WLK) Trading Performance Indicators
Westlake Corporation (WLK) is currently performing well based on its current performance indicators. A quick ratio of 1.75 was reported for the most recent quarter. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -0.53, a number that is poised to hit 0.46 in the next quarter and is forecasted to reach 3.24 in one year’s time.
Technical Analysis of Westlake Corporation (WLK)
Let’s dig in a bit further. During the last 5-days, its volume was 1.61 million. That was better than the volume of 1.02 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 50.00%.
During the past 100 days, Westlake Corporation’s (WLK) raw stochastic average was set at 26.39%, which indicates a significant decrease from 29.24% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 3.27 in the past 14 days, which was higher than the 3.12 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $78.85, while its 200-day Moving Average is $101.66.
