Westlake Chemical Corporation (WLK) Stock Forecast & Price Target
Westlake Chemical Corporation · NYSE
$71.79-2.96 (-3.96%)
15-min delayed · Sep 9, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 11 firms covering Westlake Chemical Corporation, 4 rate it Buy or better, 7 sit at Hold, and 0 rate it Sell or worse, a moderate buy consensus. Targets span $78.00 to $127.00, a moderate spread. The average target of $95.45 sits 33% above the current $71.79. The rating mix has held broadly steady over recent months. On the fundamentals, the Street sees consensus EPS building from about $0.50 next quarter toward $3.36 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS11 ratings
Moderate Buy
Strong Buy00%
Buy436%
Hold764%
Sell00%
Strong Sell00%
Based on 11 analysts giving stock ratings to Westlake Chemical Corporation.
As of Sep, 4 of 11 firms rate WLK a Buy (7 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
WLK EPS & revenue forecast
EPS · NEXT QUARTER
$0.50
Range $-0.01 – $0.77 · 13 analysts · -299% YoY
Next period, 13 analysts expect Westlake Chemical Corporation to earn $0.50 a share (range $-0.01 – $0.77), versus $-0.25 a year earlier. Full-year consensus is $3.22, growing to $3.36 the year after.
REVENUE · NEXT QUARTER
$2.8B
Range $2.6B – $2.9B · 13 analysts · +9% YoY
Revenue is expected to reach $2.8B (range $2.6B – $2.9B), +9.1% year-over-year. Full-year consensus is $11.8B, rising to $12.1B next year.
Top analysts covering Westlake Chemical Corporation
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on WLK.
#1
Joshua Spector
UBS · Rank #40
Buy
$117.00+63.0% to target
Overall win rate
51%
+ Follow
#2
AY
Aleksey Yefremov
Keybanc · Rank #46
Hold
No targeton WLK
Overall win rate
47%
+ Follow
#3
Michael Leithead
Barclays · Rank #49
Buy
$100.00+39.3% to target
Overall win rate
57%
+ Follow
#4
Jeffrey Zekauskas
JP Morgan · Rank #50
Hold
$90.00+25.4% to target
Overall win rate
53%
+ Follow
#5
John McNulty
BMO Capital · Rank #143
Buy
$133.00+85.3% to target
Overall win rate
46%
+ Follow
WLK stock forecast FAQ
What is WLK's average 12-month price target?+
The 11 analysts with a live target average $95.45 for Westlake Chemical Corporation over the next 12 months, ranging from a $127.00 high to a $78.00 low.
Is WLK stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 11 analyst ratings, 4 are Buy or Strong Buy, 7 are Hold, and 0 are Sell or Strong Sell.
What are the highest and lowest price targets for WLK?+
The Street-high target is $127.00 (BMO Capital), and the Street-low is $78.00 (Goldman Sachs). The average of all 11 active targets is $95.45.
How many Wall Street analysts cover WLK?+
11 analysts have an active rating on Westlake Chemical Corporation, and 11 firms carry a live 12-month price target.
Who is the most accurate analyst covering WLK?+
Among analysts who currently cover WLK, Joshua Spector of UBS has the strongest overall Quantellect track record (Rank #40). Their current call is Buy with a $117.00 target.
What is Westlake Chemical Corporation's projected EPS for next quarter?+
The consensus estimate is $0.50 per share (range $-0.01 – $0.77) across 13 analysts. Full-year EPS is projected at $3.22, rising to $3.36 the following year.
How much revenue is Westlake Chemical Corporation expected to report next quarter?+
Consensus revenue is $2.8B (range $2.6B – $2.9B). Full-year revenue is projected at $11.8B, growing to $12.1B next year.
Have analysts been upgrading or downgrading WLK lately?+
As of Sep, 4 of 11 firms rate WLK a Buy (7 Hold, 0 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their WLK calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
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