Western Midstream Partners Stock Performance
| WES Stock | USD 35.88 0.06 0.17% |
On a scale of 0 to 100, Western Midstream holds a performance score of 14. The firm maintains a market beta of 1.1, which attests to a somewhat significant risk relative to the market. Western Midstream returns are very sensitive to returns on the market. As the market goes up or down, Western Midstream is expected to follow. Please check Western Midstream's sortino ratio, semi variance, as well as the relationship between the Semi Variance and rate of daily change , to make a quick decision on whether Western Midstream's historical returns will revert.
Risk-Adjusted Performance
14 of 100
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Compared to the overall equity markets, risk-adjusted returns on investments in Western Midstream Partners are ranked lower than 14 (%) of all global equities and portfolios over the last 90 days. In spite of comparatively weak technical and fundamental indicators, Western Midstream unveiled solid returns over the last few months and may actually be approaching a breakup point. ...more
Actual Historical Performance (%)
One Day Return (0.06) | Five Day Return 2.16 | Year To Date Return 24.81 | Ten Year Return (26.32) | All Time Return (23.03) |
Forward Dividend Yield 0.0974 | Payout Ratio 0.9952 | Last Split Factor 10:9 | Forward Dividend Rate 3.5 | Dividend Date 2024-05-15 |
| Western Midstream dividend paid on 13th of February 2024 | 02/13/2024 |
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| Begin Period Cash Flow | 286.7 M |
Western |
Western Midstream Relative Risk vs. Return Landscape
If you would invest 2,883 in Western Midstream Partners on January 26, 2024 and sell it today you would earn a total of 711.00 from holding Western Midstream Partners or generate 24.66% return on investment over 90 days. Western Midstream Partners is generating 0.3682% of daily returns assuming volatility of 1.936% on return distribution over 90 days investment horizon. In other words, 17% of stocks are less volatile than Western, and above 93% of all equities are expected to generate higher returns over the next 90 days. Expected Return |
| Risk |
Western Midstream Market Risk Analysis
Today, many novice investors tend to focus exclusively on investment returns with little concern for Western Midstream's investment risk. Standard deviation is the most common way to measure market volatility of stocks, such as Western Midstream Partners, and traders can use it to determine the average amount a Western Midstream's price has deviated from the expected return over a period of time. It is calculated by determining the expected price for the established period and then subtracting this figure from each price point. The differences are then squared, summed, and averaged to produce the variance.
Sharpe Ratio = 0.1902
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Estimated Market Risk
| 1.94 actual daily | 17 83% of assets are more volatile |
Expected Return
| 0.37 actual daily | 7 93% of assets have higher returns |
Risk-Adjusted Return
| 0.19 actual daily | 14 86% of assets perform better |
Based on monthly moving average Western Midstream is performing at about 14% of its full potential. If added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Western Midstream by adding it to a well-diversified portfolio.
Western Midstream Fundamentals Growth
Western Stock prices reflect investors' perceptions of the future prospects and financial health of Western Midstream, and Western Midstream fundamentals are critical determinants of its market performance. Overall, investors pay close attention to revenue and earnings growth, profit margins, and debt levels. These fundamentals can have a significant impact on Western Stock performance.
| Return On Equity | 0.34 | ||||
| Return On Asset | 0.0679 | ||||
| Profit Margin | 0.32 % | ||||
| Operating Margin | 0.42 % | ||||
| Current Valuation | 21.5 B | ||||
| Shares Outstanding | 380.48 M | ||||
| Price To Earning | 10.32 X | ||||
| Price To Book | 4.54 X | ||||
| Price To Sales | 4.23 X | ||||
| Revenue | 3.11 B | ||||
| Gross Profit | 2.18 B | ||||
| EBITDA | 1.89 B | ||||
| Net Income | 998.53 M | ||||
| Cash And Equivalents | 286.66 M | ||||
| Cash Per Share | 0.41 X | ||||
| Total Debt | 7.96 B | ||||
| Debt To Equity | 2.34 % | ||||
| Current Ratio | 1.20 X | ||||
| Book Value Per Share | 7.63 X | ||||
| Cash Flow From Operations | 1.7 B | ||||
| Earnings Per Share | 2.60 X | ||||
| Market Capitalization | 13.67 B | ||||
| Total Asset | 12.47 B | ||||
| Retained Earnings | 1.22 B | ||||
| Working Capital | (311.65 M) | ||||
| Current Asset | 299.22 M | ||||
| Current Liabilities | 235.49 M | ||||
About Western Midstream Performance
To evaluate Western Midstream Stock as a possible investment, you need to clearly understand its upside potential, downside risk, and overall future performance outlook. You may be satisfied when Western Midstream generates a 15% return over the last few months, but what if the market is generating 25% over the same period? In this case, it makes sense to compare Western Stock's performance with different market indexes, such as the Dow or NASDAQ Composite. These indexes can act as benchmarks that will help you to understand Western Midstream market performance in a much more refined way. The Macroaxis performance score is an integer between 0 and 100 that represents Western's market performance from a risk-adjusted return perspective. Generally speaking, the higher the score, the better is overall performance as compared to other investors. The score is normalized against the average investing universe (the best we can interpret from the data available). Within this methodology, scores of individual equity instruments will always be inferior to the scores of portfolios of equities as portfolios typically diversify a lot of unsystematic risks away. The formula to derive the Macroaxis score bases on multiple unequally-weighted factors. For more information, refer to our portfolio performance evaluation section.
Please also refer to our technical analysis and fundamental analysis pages.| Last Reported | Projected for Next Year | ||
| Days Of Inventory On Hand | 0.61 | 0.58 | |
| Return On Tangible Assets | 0.09 | 0.05 | |
| Return On Capital Employed | 0.12 | 0.08 | |
| Return On Assets | 0.08 | 0.04 | |
| Return On Equity | 0.35 | 0.37 |
Things to note about Western Midstream performance evaluation
Checking the ongoing alerts about Western Midstream for important developments is a great way to find new opportunities for your next move. Stock alerts and notifications screener for Western Midstream help investors to be notified of important events, changes in technical or fundamental conditions, and significant headlines that can affect investment decisions.| Over 92.0% of the company outstanding shares are owned by institutional investors | |
| Latest headline from raskmedia.com.au: The BHP Group Ltd share price and Wesfarmers Ltd share price are worth watching |
- Analyzing Western Midstream's financial statements, including its income statement, balance sheet, and cash flow statement, helps in understanding its overall financial health and growth potential.
- Getting a closer look at valuation ratios like price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and price-to-book (P/B) ratio help in understanding whether Western Midstream's stock is overvalued or undervalued compared to its peers.
- Examining Western Midstream's industry or sector and how it is performing can give you an idea of its growth potential and how it is positioned relative to its competitors.
- Evaluating Western Midstream's management team can have a significant impact on its success or failure. Reviewing the track record and experience of Western Midstream's management team can help you assess the Company's leadership.
- Pay attention to analyst opinions and ratings of Western Midstream's stock. These opinions can provide insight into Western Midstream's potential for growth and whether the stock is currently undervalued or overvalued.
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Western Midstream Partners. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in income. Note that the Western Midstream information on this page should be used as a complementary analysis to other Western Midstream's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Complementary Tools for Western Stock analysis
When running Western Midstream's price analysis, check to measure Western Midstream'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 Western Midstream is operating at the current time. Most of Western Midstream's value examination focuses on studying past and present price action to predict the probability of Western Midstream's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Western Midstream's price. Additionally, you may evaluate how the addition of Western Midstream to your portfolios can decrease your overall portfolio volatility.
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Is Western Midstream's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Western Midstream. If investors know Western will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Western Midstream listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.13) | Dividend Share 2.213 | Earnings Share 2.6 | Revenue Per Share 8.11 | Quarterly Revenue Growth 0.101 |
The market value of Western Midstream is measured differently than its book value, which is the value of Western that is recorded on the company's balance sheet. Investors also form their own opinion of Western Midstream's value that differs from its market value or its book value, called intrinsic value, which is Western Midstream's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Western Midstream's market value can be influenced by many factors that don't directly affect Western Midstream's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Western Midstream's value and its price as these two are different measures arrived at by different means. Investors typically determine if Western Midstream is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Western Midstream's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.