Westlake Chemical Partners Stock Buy Hold or Sell Recommendation
| WLKP Stock | USD 23.10 0.39 1.72% |
Given the investment horizon of 90 days and your above-average risk tolerance, our recommendation regarding Westlake Chemical Partners is 'Cautious Hold'. A buy or sell recommendation provided by Macroaxis is an automated directive regarding whether to purchase or sell Westlake Chemical Partners given historical horizon and risk tolerance towards Westlake Chemical. When Macroaxis issues a 'buy' or 'sell' recommendation for Westlake Chemical Partners, the advice is generated through an automated system that utilizes algorithms and statistical models.
Check out Westlake Chemical Analyst Recommendation to compare Macroaxis Buy or Sell Recommendation with the current analyst consensus. To check ratings for multiple equity instruments, please use the Instant Ratings tool. To learn how to invest in Westlake Stock, please use our How to Invest in Westlake Chemical guide. Note, we conduct extensive research on individual companies such as Westlake and provide practical buy, sell, or hold advice based on investors' constraints. Westlake Chemical Partners. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Westlake |
Execute Westlake Chemical Buy or Sell Advice
The Westlake recommendation should be used to complement the buy-or-sell advice compiled from the current analysts' consensus on Westlake Chemical Partners. Macroaxis does not own or have any residual interests in Westlake Chemical Partners or other equities on which the buy-or-sell advice is provided. Please provide your input below to execute Westlake Chemical's advice using the current market data and latest reported fundamentals.
Time Horizon
Risk Tolerance
 |  |
Cautious Hold
Market Performance | OK | Details | |
Volatility | Very steady | Details | |
Hype Condition | Low key | Details | |
Current Valuation | Undervalued | Details | |
Odds Of Distress | Low | Details | |
Economic Sensitivity | Barely shadows the market | Details | |
Investor Sentiment | Interested | Details | |
Analyst Consensus | Buy | Details | |
Financial Strenth (F Score) | Healthy | Details | |
Financial Leverage | Not Rated | Details | |
Reporting Quality (M-Score) | Unlikely Manipulator | Details |
Westlake Chemical Trading Alerts and Improvement Suggestions
| About 45.0% of the company outstanding shares are owned by insiders | |
| Latest headline from investing.com: Disposition of 4560 shares by Randy Woelfel of Westlake Chemical subject to Rule 16b-3 |
Westlake Chemical Returns Distribution Density
The distribution of Westlake Chemical's historical returns is an attempt to chart the uncertainty of Westlake Chemical's future price movements. The chart of the probability distribution of Westlake Chemical daily returns describes the distribution of returns around its average expected value. We use Westlake Chemical Partners price's Value At Risk and its Upside Potential as a relative measure of the distribution. The graph of the distribution of Westlake Chemical returns is essential to provide solid investment advice for Westlake Chemical.
| Mean Return | 0.05 | Value At Risk | -0.77 | Potential Upside | 0.87 | Standard Deviation | 0.56 |
Return Density |
| Distribution |
Investment risk management requires an estimate of the probability of extreme price changes. Therefore, the correct representation of the distribution of Westlake Chemical historical returns presented in an easy-to-digest graphical form helps investors and money managers understand the risk-reward trade-off of different investement strategies.
Westlake Stock Institutional Investors
The Westlake Chemical's institutional investors refer to entities that pool money to purchase Westlake Chemical's securities or originate loans. These institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds.
| Shares | Scopus Asset Management, Llc | 2024-06-30 | 71 K | Natixis Sa | 2024-06-30 | 70 K | Glenmede Trust Co Na | 2024-06-30 | 45.5 K | Eagle Global Advisors, Llc | 2024-06-30 | 43.9 K | Pinnacle Holdings, Llc | 2024-06-30 | 41.5 K | International Assets Investment Management, Llc | 2024-09-30 | 32.8 K | Gilman Hill Asset Management, Llc | 2024-09-30 | 30.4 K | Advisory Services Network, Llc | 2024-06-30 | 30 K | Lpl Financial Corp | 2024-06-30 | 29.7 K | Amvescap Plc. | 2024-06-30 | 5.3 M | Pathway Financial Advisors, Llc | 2024-09-30 | 2.2 M |
Westlake Chemical Cash Flow Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change To Inventory | 1.1M | (990K) | (5.4M) | 4.2M | 283K | 268.9K | |
| Change In Cash | 179K | (2.8M) | (97K) | 47.7M | (6.2M) | (6.5M) | |
| Free Cash Flow | 407.1M | 336.4M | 327.3M | 409.6M | 405.2M | 361.6M | |
| Depreciation | 107.3M | 103.2M | 108.8M | 121.1M | 110.2M | 103.7M | |
| Other Non Cash Items | 56K | 731K | 3.9M | 7.8M | 285.2M | 299.5M | |
| Dividends Paid | 62.1M | 66.4M | 66.4M | 66.4M | 66.4M | 128.1M | |
| Capital Expenditures | 43.7M | 37.0M | 81.2M | 54.1M | 46.8M | 44.5M | |
| Net Income | 332.9M | 341.1M | 401.4M | 334.8M | 54.3M | 51.6M | |
| End Period Cash Flow | 19.9M | 17.2M | 17.1M | 64.8M | 58.6M | 74.0M | |
| Investments | (57.7M) | 2.0M | (64.3M) | (12.0M) | 9.4M | 9.8M | |
| Change Receivables | (6.9M) | (72.9M) | (26.3M) | 59.8M | 68.7M | 72.2M | |
| Change To Netincome | (515K) | 1M | 217.1M | 5.1M | 5.8M | 5.5M |
Westlake Chemical Greeks
Most traded equities are subject to two types of risk - systematic (i.e., market) and unsystematic (i.e., nonmarket or company-specific) risk. Unsystematic risk is the risk that events specific to Westlake Chemical or Chemicals sector will adversely affect the stock's price. This type of risk can be diversified away by owning several different stocks in different industries whose stock prices have shown a small correlation to each other. On the other hand, systematic risk is the risk that Westlake Chemical's price will be affected by overall stock market movements and cannot be diversified away. So, no matter how many positions you have, you cannot eliminate market risk. However, you can measure a Westlake stock's historical response to market movements and buy it if you are comfortable with its volatility direction. Beta and standard deviation are two commonly used measures to help you make the right decision.
α | Alpha over Dow Jones | 0.03 | |
β | Beta against Dow Jones | 0.05 | |
σ | Overall volatility | 0.58 | |
Ir | Information ratio | -0.08 |
Westlake Chemical Volatility Alert
Westlake Chemical Partners exhibits very low volatility with skewness of 0.27 and kurtosis of 0.17. Understanding different market volatility trends often help investors to time the market. Properly using volatility indicators enable traders to measure Westlake Chemical's stock risk against market volatility during both bullish and bearish trends. The higher level of volatility that comes with bear markets can directly impact Westlake Chemical's stock price while adding stress to investors as they watch their shares' value plummet. This usually forces investors to rebalance their portfolios by buying different financial instruments as prices fall.Westlake Chemical Fundamentals Vs Peers
Comparing Westlake Chemical's fundamentals to the average values of its peers is one of the most widely used and accepted methods of equity analyses. It helps to analyze Westlake Chemical's direct or indirect competition across all of the common fundamentals between Westlake Chemical and the related equities. This way, we can detect undervalued stocks with similar characteristics as Westlake Chemical or determine the stocks which would be an excellent addition to an existing portfolio. Peer analysis of Westlake Chemical's fundamental indicators could also be used in its relative valuation, which is a method of valuing Westlake Chemical by comparing valuation metrics with those of similar companies.
| Better Than Average | Worse Than Average | Compare Westlake Chemical to competition |
| Fundamentals | Westlake Chemical | Peer Average |
| Return On Equity | 0.43 | -0.31 |
| Return On Asset | 0.18 | -0.14 |
| Profit Margin | 0.05 % | (1.27) % |
| Operating Margin | 0.37 % | (5.51) % |
| Current Valuation | 1.14 B | 16.62 B |
| Shares Outstanding | 35.24 M | 571.82 M |
| Shares Owned By Insiders | 44.83 % | 10.09 % |
| Shares Owned By Institutions | 33.75 % | 39.21 % |
| Number Of Shares Shorted | 134.49 K | 4.71 M |
| Price To Earning | 12.06 X | 28.72 X |
| Price To Book | 2.88 X | 9.51 X |
| Price To Sales | 0.70 X | 11.42 X |
| Revenue | 1.19 B | 9.43 B |
| Gross Profit | 377.37 M | 27.38 B |
| EBITDA | 472.14 M | 3.9 B |
| Net Income | 54.28 M | 570.98 M |
| Cash And Equivalents | 18.37 M | 2.7 B |
| Cash Per Share | 0.52 X | 5.01 X |
| Total Debt | 399.67 M | 5.32 B |
| Debt To Equity | 0.41 % | 48.70 % |
| Current Ratio | 3.28 X | 2.16 X |
| Book Value Per Share | 14.77 X | 1.93 K |
| Cash Flow From Operations | 452 M | 971.22 M |
| Short Ratio | 6.95 X | 4.00 X |
| Earnings Per Share | 1.75 X | 3.12 X |
| Price To Earnings To Growth | 0.23 X | 4.89 X |
| Target Price | 25.33 | |
| Beta | 1.07 | -0.15 |
| Market Capitalization | 800.27 M | 19.03 B |
| Total Asset | 1.32 B | 29.47 B |
| Retained Earnings | 130.58 M | 9.33 B |
| Working Capital | 169.87 M | 1.48 B |
| Current Asset | 225.29 M | 9.34 B |
Note: Insider Trading [view details]
Westlake Chemical Market Momentum
Traders often use several daily momentume indicators to supplement a more traditional technical analysis when analyzing securities such as Westlake . With many different options, investors must choose the best indicators for them and familiarize themselves with how they work. We suggest combining traditional momentum indicators with more near-term forms of technical analysis such as Accumulation Distribution or Daily Balance Of Power. With their quantitative nature, daily value technical indicators can also be incorporated into your automated trading systems.
About Westlake Chemical Buy or Sell Advice
When is the right time to buy or sell Westlake Chemical Partners? Buying financial instruments such as Westlake Stock isn't very hard. However, what challenging for most investors is doing it at the right time to beat the market. Proper market timing is something most people cannot do without sophisticated tools, which help to isolate the right opportunities. Macroaxis provides hands-on modules to deliver winning trades and diversify your portfolios on a daily basis. Most of our advising modules are very easy to use and apply.
Please read more on our stock advisor page.
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Additional Tools for Westlake Stock Analysis
When running Westlake Chemical's price analysis, check to measure Westlake Chemical's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Westlake Chemical is operating at the current time. Most of Westlake Chemical's value examination focuses on studying past and present price action to predict the probability of Westlake Chemical's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Westlake Chemical's price. Additionally, you may evaluate how the addition of Westlake Chemical to your portfolios can decrease your overall portfolio volatility.