On Friday, Westlake Corporation (NYSE: WLK) opened higher 3.23% from the last session, before settling in for the closing price of $64.72. Price fluctuations for WLK have ranged from $56.33 to $129.86 over the past 52 weeks.
Annual sales at Basic Materials sector company grew by 7.33% over the past five years. Company’s average yearly earnings per share was noted -122.64% at the time writing. With a float of $32.86 million, this company’s outstanding shares have now reached $128.26 million.
Westlake Corporation (WLK) Insider Updates
A key investor’s attitude towards the stock of the Specialty Chemicals industry is another important factor to consider. The insider ownership of Westlake Corporation is 74.38%, while institutional ownership is 33.82%. 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) Performance Highlights and Predictions
If we go through the results of last quarter, which was made public on 12/31/2024, the company posted 0.41 earnings per share (EPS) for the quarter, coming under the agreed prediction (set at 1.17) by -0.76. Wall Street market experts anticipate that the next fiscal year will bring earnings of -0.09 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around -122.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will plunge by -19.12% during the next five years compared to 7.33% growth over the previous five years of trading.
Westlake Corporation (NYSE: WLK) Trading Performance Indicators
Check out the current performance indicators for Westlake Corporation (WLK). In the past quarter, the stock posted a quick ratio of 1.39. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 0.75.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is -7.42, a number that is poised to hit -0.50 in the next quarter and is forecasted to reach 1.39 in one year’s time.
Technical Analysis of Westlake Corporation (WLK)
Westlake Corporation (NYSE: WLK) saw its 5-day average volume 2.07 million, a positive change from its year-to-date volume of 1.1 million. As of the previous 9 days, the stock’s Stochastic %D was 95.76%.
During the past 100 days, Westlake Corporation’s (WLK) raw stochastic average was set at 29.20%, which indicates a significant decrease from 98.54% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 2.69 in the past 14 days, which was lower than the 2.89 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $72.04, while its 200-day Moving Average is $84.13. Nevertheless, the first resistance level for the watch stands at $67.63 in the near term. At $68.45, the stock is likely to face the second major resistance level. The third major resistance level sits at $69.94. If the price goes on to break the first support level at $65.32, it is likely to go to the next support level at $63.83. Assuming the price breaks the second support level, the third support level stands at $63.01.
Westlake Corporation (NYSE: WLK) Key Stats
There are currently 128,273K shares outstanding in the company with a market cap of 8.57 billion. Presently, the company’s annual sales total 12,142 M according to its annual income of 602,000 K. Last quarter, the company’s sales amounted to 2,838 M and its income totaled -782,000 K.
