Westlake Chemical Stock Target Price and Analyst Consensus

WLKP Stock  USD 21.85  0.12  0.55%   
The current analyst and expert consensus on Westlake Chemical is Buy, with only one strong buy opinion. The current projected Westlake Chemical target price consensus is 44.20 with 3 analyst opinions. The most common way Westlake Chemical analysts use to provide recommendation to the public is financial statements analysis. Many experts also interview Westlake Chemical executives and customers to further validate their buy or sell advice. Please note, the number of analysts providing the opinion is not sufficient to provide adequate consensus on Westlake Chemical. We encourage you to use your own analysis of Westlake Chemical to validate this buy or sell advice. Westlake Chemical buy-or-sell recommendation module provides average expert sentiment on the projected Westlake Chemical target price to derive its highest and lowest estimates based on its projected price volatility. Check out Macroaxis Advice on Westlake Chemical to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Westlake Stock, please use our How to Invest in Westlake Chemical guide.
Lowest Forecast
40.22
Highest Forecast
49.06
Target Price
44.2
At this time, Westlake Chemical's Pretax Profit Margin is relatively stable compared to the past year. As of 04/23/2024, Operating Profit Margin is likely to grow to 0.35, while Gross Profit is likely to drop slightly above 380.5 M. At this time, Westlake Chemical's Non Current Assets Total are relatively stable compared to the past year. As of 04/23/2024, Net Receivables is likely to grow to about 172 M, while Total Current Liabilities is likely to drop slightly above 55.6 M.
  
It's important to approach Westlake Chemical's target price projections with caution. While they can be useful as part of a broader investment strategy, they are inherently speculative and subject to various kinds of risk, including market volatility and unforeseen external factors. Always consider multiple aspects and do your own research when making investment decisions.
Analysts determine stock price targets through various methods, including financial modeling, peer comparison, and company analysis. The stock price target is the analyst's best estimate of the future price of a stock and is used by investors to make investment decisions. However, it is important to note that stock price targets are not guaranteed, and the actual price of a stock can differ significantly from the target due to various factors such as market conditions, economic events, and company developments.

Steps to utilize Westlake Chemical price targets

Westlake Chemical's stock target price is an estimate of its future price, usually made by analysts. Using Westlake Chemical's target price to determine if it is a suitable investment can be done through the following steps:
  • Look at Westlake Chemical's target prices provided by various analysts and compare them. This can help you gain a more balanced view of the Stock's potential.
  • Look at the analyst's track record to determine if they have a history of accurately predicting stock prices.
  • Look at the Company's financials, including revenue, earnings, and debt, to determine if it is in good financial health.
  • Consider market conditions. For example, take into account the state of the economy, competition, and regulatory environment, to determine if Westlake Chemical's stock is likely to perform well.
  • Diversify your portfolio and do not rely solely on stock target prices to make investment decisions. Invest in a mix of stocks, bonds, and other assets to manage risk.
Remember that stock target prices are just estimates and are subject to change. Therefore, using them as one factor in a larger investment strategy is essential rather than relying solely on them to make decisions.

Additional Westlake Chemical Value Projection Modules

Most investment researchers agree that the mispricing and readjustment of any Stock value happens often and is sometimes even predictable, but there is no strong theory explaining why it happens. The current price of Westlake Chemical is a key component of Westlake Chemical valuation and have some predictive power on the future returns of a Westlake Chemical.
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Westlake Chemical's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Hype
Prediction
LowEstimatedHigh
20.7821.8522.92
Details
Intrinsic
Valuation
LowRealHigh
19.6727.5328.60
Details
Earnings
Estimates (0)
LowProjected EPSHigh
0.420.450.49
Details
Please note, it is not enough to conduct a financial or market analysis of a single entity such as Westlake Chemical. Your research has to be compared to or analyzed against Westlake Chemical's peers to derive any actionable benefits. When done correctly, Westlake Chemical's competitive analysis will give you plenty of quantitative and qualitative data to validate your investment decisions or develop an entirely new strategy toward taking a position in Westlake Chemical.

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When determining whether Westlake Chemical is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Westlake Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Westlake Chemical Partners Stock. Highlighted below are key reports to facilitate an investment decision about Westlake Chemical Partners Stock:
Check out Macroaxis Advice on Westlake Chemical to cross-verify analyst projections. Unlike analyst recommendations, Macroaxis provides advice only from the perspective of investor risk tolerance and investment horizon.
To learn how to invest in Westlake Stock, please use our How to Invest in Westlake Chemical guide.
You can also try the Financial Widgets module to easily integrated Macroaxis content with over 30 different plug-and-play financial widgets.

Complementary 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.
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The data published in Westlake Chemical's official financial statements usually reflect Westlake Chemical's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Westlake Chemical. For example, before you start analyzing numbers published by Westlake accountants, it's critical to develop an understanding of what Westlake Chemical's liquidity, profitability, and earnings quality are in the context of the Chemicals space in which it operates.
Please note, the presentation of Westlake Chemical's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Westlake Chemical's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Westlake Chemical's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Westlake Chemical Partners. Please utilize our Beneish M Score to check the likelihood of Westlake Chemical's management manipulating its earnings.