What to expect: Westlake Chemical Corporation (NYSE:WLK)?

Westlake Chemical Corporation (NYSE:WLK) said it’s looking for FY2019 earnings per share of $3.10-$4.28 versus the previous $5.15 estimate. The company sees sales of $8 billion-$8.8 billion compared to the previous $8.59 billion estimate. Westlake Chemical manufactures and markets basic chemicals such as vinyls and polymers. It operates through two segments, Olefins and Vinyls.

The insider ownership percentage is the key indicator, can be used by investors, to measure the outlook of senior management has on their company. Insider ownership for the WLK is 0.50%. Institutional ownership refers to the ownership stake in a company that is held by large financial organizations, pension funds or endowments. The Institutional ownership for the WLK is 29.20%.

Insider trading is the buying or selling of any publicly traded company’s stock and this can be done by someone who has non-public, material information about that WLK. Insider trading can be illegal or legal depending on when the insider makes the trade. It is illegal when the material information is still non-public. The insider transactions of the company (6-month change in insider ownerships) for the Westlake Chemical Corporation (NYSE:WLK) is -0.52%.

Institutional ownership is the amount of a Westlake Chemical Corporation (NYSE:WLK)’s available stock owned by mutual or pension funds, insurance companies, investment firms, private foundations, endowments or other large entities that actually manage the funds on the behalf of others, so its an interesting element for the traders to note it, and the Institutional ownership for the WLK is 1.19%.

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a Basic Materials sector firm, Westlake Chemical Corporation (NYSE:WLK) stock ticked up 0.76% on Monday and when day-trade ended the stock finally concluded at $69.99 and number of shares that changed hands during the day are 1.93 Million. The number of shares WLK stock currently held by all its shareholders are 127.98 and floated shares, the number of shares are available for trading in an open market on last trading day are 35.14. The average volume of shares for 3 months is 983.71 and WLK stock value has moved between $57.37 – 112.89 in last one year.

The Westlake Chemical Corporation (NYSE:WLK)’s latest earnings date is 8/1/2019. The Gross margin is the difference between the revenue and the cost of goods sold (COGS), divided by revenue. In other words, Gross Margin is a percentage value, while Gross Profit is a monetary value. The valuable gross margin for Westlake Chemical Corporation (NYSE:WLK) is 20.50% and the profit margin is 9.10% and the stock has gained 5.77% in 2019 to date.

U.S. traded shares of Westlake Chemical Corporation (NYSE:WLK)’s monthly stock performance is 22.17%, the quarterly performance is 0.29%, the half year performance is calculated as 8.36%. The yearly performance of WLK is -34.31%.

The higher the volatility, the riskier the security. For example, when the stock market rises and falls more than one percent over a sustained period of time, it is called a “volatile” market, if the stock price stays relatively stable, the security has low volatility. The Westlake Chemical Corporation (NYSE:WLK) weekly volatility is measured as 3.97% and monthly volatility measured as 3.26%.

Return on assets (ROA) is a main indicator of how profitable a company is relative to its total assets. WLK return on assets is 6.60%, the return on equity (ROE) of the Westlake Chemical Corporation (NYSE:WLK) is 14.00%, while the most important return on investment is calculates as a percentage and is typically used for personal financial decisions, and WLK return on investment is 13.50%.

The price to earnings ratio is 11.72, price to sales ratio is 1.05, and price to book ratio is 1.60, price to cash per share ration is 20.13, price to free cash flow is 19.73.

Analysts mean target price for Westlake Chemical Corporation (NYSE:WLK) is $76.50 while analysts mean recommendation is 2.50. The current share price indicates that stock is -37.98% away from its one year high and is moving 22.36% ahead of its 52-week low. WLK’s distance from 20 day simple moving average is 8.67% and distance from 50-Day simple moving average is 8.58%.

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