Westlake Chemical Corporation (WLK)

Leading up to this report, we have seen a -0.46% fall in the stock price over the last 30 days and a 8.75% increase over the past 3 months. About 1.33M shares traded or 63.38% up from the average. The stock decreased 1.22% or $1.33 during the last trading session, reaching $107.44. Westlake Chemical Corporation (NYSE:WLK) has risen 45.05% since January 19, 2017 and is uptrending. It has outperformed by 5.13% the S&P500. After $2.07 actual earnings per share reported by Apple Inc. for the previous quarter, Wall Street now forecasts 81.16% EPS growth. Outstanding shares refer to a company's stock presently held by all its shareholders, counting share blocks held by institutional shareholders and restricted shares owned by the company's officers and insiders. The institutional investor held 801,028 shares of the energy company at the end of 2017Q3, valued at $9.21 million, up from 647,115 at the end of the previous reported quarter.

Robert Polak decreased its stake in Westlake Chem Corp (WLK) by 45.56% based on its latest 2017Q3 regulatory filing with the SEC. The stock increased 0.06% or $0.05 during the last trading session, reaching $79.4. Horizon Kinetics Lc accumulated 4,851 shares. The company was maintained on Tuesday, June 7 by Wunderlich. It has underperformed by 41.10% the S&P500.

Since August 15, 2017, it had 0 insider buys, and 1 sale for $968,620 activity. The insider, BENDER MARK STEVEN, now holds 24,067 shares of WLK. Advisors Asset Management Inc. lifted its holdings in shares of Westlake Chemical by 162.8% in the 2nd quarter. It also reduced Center Coast Mlp & Infrstr F (CEN) stake by 37,599 shares and now owns 188,909 shares. Houghton Mifflin Harcourt Co (NASDAQ:HMHC) was raised too. The specialty chemicals company reported $1.65 EPS for the quarter, topping the consensus estimate of $1.39 by $0.26. They expect $1.64 EPS, up 88.51% or $0.77 from last year's $0.87 per share. WLKP's profit would be $13.86 million giving it 14.16 P/E if the $0.43 EPS is correct. Westlake Chemical had a return on equity of 15.59% and a net margin of 7.74%. sell-side analysts anticipate that Westlake Chemical will post 5.54 earnings per share for the current fiscal year. Two analysts have rated the stock with a sell rating, four have assigned a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. Therefore 77% are positive. Oasis Petroleum Inc. had 137 analyst reports since July 21, 2015 according to SRatingsIntel. The rating was maintained by RBC Capital Markets on Wednesday, October 28 with "Outperform". RBC Capital Markets maintained it with "Buy" rating and $7800 target in Monday, June 5 report. (NYSE:OAS), 20 have Buy rating, 0 Sell and 15 Hold. As per Thursday, August 3, the company rating was maintained by Alembic. The stock has "Buy" rating by SunTrust on Wednesday, June 15. Piper Jaffray maintained the stock with "Hold" rating in Thursday, November 9 report. The stock of Westlake Chemical Corporation (NYSE:WLK) earned "Buy" rating by RBC Capital Markets on Monday, June 5. Cowen increased their price target on Westlake Chemical from $78.00 to $92.00 and gave the company an "outperform" rating in a report on Tuesday, October 10th. Bank of America maintained Westlake Chemical Corporation (NYSE:WLK) on Wednesday, November 8 with "Neutral" rating. The company has a debt-to-equity ratio of 0.74, a quick ratio of 1.59 and a current ratio of 2.31.

Investors also need to beware of the Westlake Chemical Corporation (NYSE:WLK) valuations.

A number of hedge funds and other institutional investors have recently made changes to their positions in WLK. (NYSE:OAS). Proshare Advsrs Limited Liability holds 35,803 shares or 0% of its portfolio. (NYSE:OAS). Wolverine Asset Management Limited Liability Company owns 0% invested in Oasis Petroleum Inc. Tci Wealth Inc reported 20,106 shares.

A number of research analysts have recently issued reports on WLK shares. Lsv Asset Management owns 185,934 shares. Cantab Prns Llp stated it has 4,331 shares or 0.05% of all its holdings. Tortoise Capital Advisors L.L.C. now owns 1,360 shares of the specialty chemicals company's stock worth $113,000 after buying an additional 1,339 shares during the last quarter. After the latest check-in, company stock is -3.68% off of the 50 day high and 29.73% away from the 50 day low price.

Westlake Chemical Corporation (NYSE:WLK) last issued its quarterly earnings data on Tuesday, November 8th. Ameritas Prns Incorporated invested 0.03% in Westlake Chemical Corporation (NYSE:WLK). Clinton Grp holds 0.12% of its portfolio in Westlake Chemical Corporation (NYSE:WLK) for 13,044 shares. Bradley Foster Sargent Ct reported 0.05% of its portfolio in Westlake Chemical Corporation (NYSE:WLK). The company has market cap of $1.20 billion. (NASDAQ:AAPL) to report earnings on January, 30. AAPL's profit will be $19.08B for 11.75 P/E if the $3.75 EPS becomes a reality. The firm offers various individual insurance services and products, including life, car, leisure vehicle, home, mortgage, critical illness, disability, personal accident, and other group insurance products; and residential mortgage loans, registered retirement savings plan loans, registered education savings plan (RESP) loans, auto loans, and investment loans. The stock was sold at an average price of $98.50, for a total transaction of $263,389.00. The company was maintained on Tuesday, August 25 by Nomura. The rating was maintained by Oppenheimer on Tuesday, August 8 with "Buy". There were 26 sold out positions, amounting to 1.75 million shares. $20.03 million worth of stock was sold by MERLO LARRY J on Wednesday, August 23.

Investors sentiment increased to 0.7 in Q3 2017. Its up 0.23, from 1.15 in 2017Q2. Moreover, Price Michael F has 2.59% invested in the company for 225,000 shares. 34 funds opened positions while 118 raised stakes. Comerica National Bank & Trust stated it has 0.03% in WPX Energy, Inc. Jag Cap Limited Liability has invested 0.65% of its portfolio in Apple Inc.

Related News:

  • EPL: Burnley vs Manchester United Match Updates

    EPL: Burnley vs Manchester United Match Updates

    Jesse Lingard has finally made that "step up" that he was expected to ever since he became a regular in the Man United first team. Mourinho's sense of urgency was justified with a unsafe set-piece header from Ben Mee being tipped over by David De Gea .
    Concert announcement: Dead & Company coming to Darien Lake

    Concert announcement: Dead & Company coming to Darien Lake

    Having sold out several shows on its 2017 tour, Dead & Company's average nightly grossed was just under $2 million per gig. (Radio.com) Dead & Company are hitting the road in 2018 for an extensive tour this summer.

    Trading Watch on Shares of Chatham Lodging Trust [Reit] (CLDT)

    Greg Poole decreased its stake in Rlj Lodging Tr ( RLJ ) by 95.8% based on its latest 2017Q3 regulatory filing with the SEC. It dropped, as 61 investors sold USB shares while 441 reduced holdings. 164 funds opened positions while 273 raised stakes.
  • AAP seeks time with President, says EC's recommendations unconstitutional

    AAP seeks time with President, says EC's recommendations unconstitutional

    Noting that the EC's order defied the "principles of natural justice", Bharadwaj said the poll panel did not hear the MLAs' side. Mishra claimed that he had witnessed Kejriwal taking Rs 2 crores in cash from another Delhi Minister Satyendra Jain .
    White House doctor says President Trump is 'very healthy'

    White House doctor says President Trump is 'very healthy'

    Donald Trump's White House physician, Dr Ronny L Jackson, said Tuesday that the president received a flawless score ton the exam. Trump's cognitive assessment was conducted what was supposed to be a purely physical examination of the president's health.
    South Africa protests to USA  embassy over Trump

    South Africa protests to USA embassy over Trump "shithole" remark

    Jackson said he will work with Trump to exercise more over the coming year, to eat better and lose between 10 and 15 pounds. Trump has experienced several recent episodes in which he appeared to slur his words, adding to concerns about his health.
  • Alex Iwobi on target in Arsenal's demolition of Crystal Palace

    Alex Iwobi on target in Arsenal's demolition of Crystal Palace

    Palace netted a consolation through Luka Milivojevic on 78 minutes, but the match ended 4-1 in favour of a fragile Arsenal. Ozil had a hand in the fourth goal as his delightful backheeled pass was finished off by Lacazette.
    Kefka Teased for Final Fantasy XIV's Next Update

    Kefka Teased for Final Fantasy XIV's Next Update

    Also up in the 4.2 update is a new player vs. player map called Crystal Tower Training Grounds, a venue for a "grand melee". As for the combat, the studio has confirmed that they have ditched the turn-based combat in favor of action based combat.
    Trump Staff

    Trump Staff "Irrational" About Immigration: Senior Republican Senator

    Trump made that declaration Sunday in the wake of his recent comments about Haiti and African countries. Dick Durbin, D-Chicago, "totally misrepresented" what he said during a meeting last week about DACA.
  • Trump gives health workers new religious liberty protections

    Trump gives health workers new religious liberty protections

    But this gives little comfort to organizations like Lambda Legal , which works on behalf of the LGBTQ community. How frequently health care providers will file complaints on religious or moral grounds remains to be seen.
    Trump vulgarity debate has become an 's-show,' senator says

    Trump vulgarity debate has become an 's-show,' senator says

    When it came to talk of extending protections for Haitians, Durbin said Trump replied, "We don't need more Haitians'". President Donald Trump's overall health "is excellent" and he did "exceedingly well" on cognitive screening.
    McDonald confirmed as Sinn Féin President-Elect at party gathering

    McDonald confirmed as Sinn Féin President-Elect at party gathering

    The 69-year-old had last year told party delegates in a speech that he intended on stepping down in 2018. She is also the party's public expenditure and reform spokeswoman in the Republic of Ireland.

Most liked

Zacks Investment Research Lowers Hecla Mining (NYSE:HL) to Hold
Verizon Communications Inc. now has $210.03 billion valuation. (HL) declined -4.13% and closed its last trading session at $4.18. CCI is relatively high when prices are much higher than average, and relatively low when prices are much lower than the average.

Freeport-McMoRan (FCX) Rating Reiterated by B. Riley
The stock of Freeport-McMoRan Inc. (NYSE: FCX ) for 33,500 shares. 0 analysts gave its stock an Outperform rating. (NYSE: FCX ). It improved, as 15 investors sold ETM shares while 23 reduced holdings. 74 funds opened positions while 107 raised stakes.

Short Interest in Bank of America Corp (BAC) Drops By 7.3%
Hence the difference between Predicted EPS and Actual EPS reported is $0.04/share which shows an Earnings Surprise of 9.1 Percent. Ryan Frick increased its stake in Commscope Hldg Co Inc (COMM) by 7.5% based on its latest 2017Q3 regulatory filing with the SEC.

USA government shuts down over immigration impasse
In the early afternoon the U.S. president hosted the Democrat's top senator, Chuck Schumer , to a meeting in the White House. US President Donald Trump , who has a Republican majority in both houses of Congress, blamed the Democrats for the shutdown.

Ohio State Basketball: 3 road tested questions for the Buckeyes
That has nothing to do with that I think of Ohio State as a team. "I had no clue where we'd be, I really didn't". But the Buckeyes sealed the win with free throws down the stretch to drop the Wildcats to 11-9 overall.

ITC Ltd posts net profit of Rs. 3090.20 crores in Q3
Profit in the paperboards, paper and packaging segment rose 9% on higher volumes and import substitution. Revenue from FMCG business, including cigarettes, stood at Rs 7,500.97 crore.

Joe Rogan Previews UFC 220 Fight Between Daniel Cormier and Volkan Oezdemir
The Ultimate Fighting Championship ( UFC ) will provide a live stream of the UFC 220 ceremonial weigh-ins tonight (Jan. 19). In the co-main event, Daniel Cormier will defend the UFC Light Heavyweight Championship against Volkan Oezdemir .

Russian Federation says Iran nuclear deal can not be saved without US
It was precisely on the DPRK that a greater commitment was needed to solve tensions on the Korean peninsula, he deemed. President Donald Trump has repeatedly criticized the JCPOA, calling it the "worst deal ever".

Barcelona denies Antoine Griezmann deal reports
The transfer will be completed only after Griezmann is back from the World Cup in Russian Federation , the report added. However, Barcelona later took the unusual step of releasing a statement to deny the reports from the Catalan newspaper.

Call of Duty: WW2 was the top-selling game of 2017
Call of Duty: WWII's latest limited-time event has been announced for PS4, Xbox One , and PC, and it looks like a big one. The Resistance Division also includes a new pistol, which can be used by all Divisions, the 9mm SAP pistol.

Bipartisan group of United States senators to reveal immigration bill
It's not the content of your character. "And if he feels like you're off script, that you don't like him, he punches back". The president sought to shift from the defensive by portraying Democrats as not truly interested in an immigration deal.

BTR Capital Management Inc. Sells 1265 Shares of Johnson & Johnson (NYSE:JNJ)
The company reported $1.90 earnings per share for the quarter, beating the Thomson Reuters' consensus estimate of $1.80 by $0.10. For the quarter, shares have been noted at 4.75%. (NYSE:PNC) has risen 35.14% since January 20, 2017 and is uptrending.

Dimitrov wary of unpredictable Kyrgios
Fourth seed Elina Svitolina also kept her title dreams alive by ending the hopes of young teenage pretender Marta Kostyuk. I got a pretty good shot to win the tiebreak.

EPS for JetBlue Airways Corporation (JBLU) Expected At $0.32
Mariner Wealth Advsrs Lc holds 31,938 shares. 31,483 were accumulated by Rice Hall James And Assocs Limited Liability Corporation. The stock of JetBlue Airways Corporation (NASDAQ: JBLU ) has "Neutral" rating given on Wednesday, July 26 by Buckingham Research.

Shutdown deadline passes in US Senate
Worldwide ratings agency Fitch said a partial shutdown was unlikely to affect America's AAA/stable rating for USA sovereign debt. Republicans control Congress and the presidency but are moving to blame Senate Democratic leader Chuck Schumer for any shutdown.