Financhill
Buy
58

WLKP Quote, Financials, Valuation and Earnings

Last price:
$22.94
Seasonality move :
3.51%
Day range:
$22.80 - $23.22
52-week range:
$21.19 - $25.04
Dividend yield:
8.21%
P/E ratio:
12.98x
P/S ratio:
0.71x
P/B ratio:
2.93x
Volume:
22.4K
Avg. volume:
33.5K
1-year change:
4.89%
Market cap:
$809.4M
Revenue:
$1.1B
EPS (TTM):
$1.77

Analysts' Opinion

  • Consensus Rating
    Westlake Chemical Partners LP has received a consensus rating of Leans Bullish. The company's average rating is a Leans Bullish based on 1 Buy rating, 1 Hold rating, and 0 Sell ratings.
  • Price Target Upside
    According to analysts' consensus price target of $25.67, Westlake Chemical Partners LP has an estimated upside of 11.74% from its current price of $22.97.
  • Price Target Downside
    According to analysts, the lowest downside price target is $23.00 representing 100% downside risk from its current price of $22.97.

Fair Value

  • According to the consensus of 2 analysts, Westlake Chemical Partners LP has 11.74% upside to fair value with a price target of $25.67 per share.

WLKP vs. S&P 500

  • Over the past 5 trading days, Westlake Chemical Partners LP has overperformed the S&P 500 by 2.83% suggesting its relative strength compared to the major market average is strong at this time.

Share Buyback

  • Westlake Chemical Partners LP does not have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.

Revenue Growth

  • Westlake Chemical Partners LP revenues have been falling on a year-over-year basis for 2 quarters in a row. In the most recent quarter Westlake Chemical Partners LP reported revenues of $290.1M.

Earnings Growth

  • Westlake Chemical Partners LP has grown year-over-year earnings for 3 quarters straight. In the most recent quarter Westlake Chemical Partners LP reported earnings per share of $0.43.
Enterprise value:
1.7B
EV / Invested capital:
--
Price / LTM sales:
0.71x
EV / EBIT:
4.31x
EV / Revenue:
1.50x
PEG ratio (5yr expected):
0.87x
EV / Free cash flow:
3.91x
Price / Operating cash flow:
1.86x
Enterprise value / EBITDA:
3.36x
Gross Profit (TTM):
$418.9M
Return On Assets:
4.81%
Net Income Margin (TTM):
5.49%
Return On Equity:
7.42%
Return On Invested Capital:
6.48%
Operating Margin:
31.73%
Trailing 12 Months Fiscal Quarters
Period Ending 2022-12-31 2023-12-31 2024-12-31 2023-12-31 2024-12-31
Income Statement
Revenue $1.6B $1.2B $1.1B $297.3M $290.1M
Gross Profit $377.4M $387.5M $418.9M $100.7M $98.6M
Operating Income $347.7M $357.7M $390.4M $92.8M $92M
EBITDA $470.3M $472.1M $507.6M $140.9M $140.3M
Diluted EPS $1.83 $1.54 $1.77 $0.41 $0.43
Period Ending 2020-12-31 2021-12-31 2022-12-31 2023-12-31 2024-12-31
Balance Sheet
Current Assets $263.3M $281.2M $245.8M $226.2M $240.9M
Total Assets $1.4B $1.5B $1.4B $1.3B $1.3B
Current Liabilities $39.8M $106.8M $66.9M $56.3M $55.4M
Total Liabilities $441.4M $508M $468.3M $460.6M $458.6M
Total Equity $915.1M $972.7M $903.7M $856.3M $829.3M
Total Debt $399.7M $399.7M $399.7M $399.7M $399.7M
Trailing 12 Months Fiscal Quarters
Period Ending 2022-12-31 2023-12-31 2024-12-31 2023-12-31 2024-12-31
Cash Flow Statement
Cash Flow Operations $463.7M $452M $485M $107.7M $132.5M
Cash From Investing -$12M -$75.9M -$89M -$22.8M -$38.5M
Cash From Financing -$404M -$382.2M -$396.3M -$92.1M -$95.9M
Free Cash Flow $409.6M $405.2M $436M $94.8M $119M
WLKP
Sector
Market Cap
$809.4M
$18.2M
Price % of 52-Week High
91.73%
61%
Dividend Yield
8.21%
0%
Shareholder Yield
--
1.21%
1-Year Price Total Return
4.89%
-18.45%
Beta (5-Year)
0.935
0.922
Dividend yield:
8.21%
Annualized payout:
$1.89
Payout ratio:
106.48%
Growth streak:
0 years

Technicals

8-day SMA
Buy
Level $22.41
200-day SMA
Sell
Level $23.09
Bollinger Bands (100)
Sell
Level 22.94 - 24.18
Chaikin Money Flow
Sell
Level -4.1M
20-day SMA
Buy
Level $22.90
Relative Strength Index (RSI14)
Sell
Level 49.55
ADX Line
Sell
Level 28.13
Williams %R
Neutral
Level -23.6118
50-day SMA
Sell
Level $23.51
MACD (12, 26)
Sell
Level -0.26
25-day Aroon Oscillator
Sell
Level -76
On Balance Volume
Neutral
Level 7M

Financial Scores

--
Altman Z-Score (Annual)
Level (--)
Sell
CA Score (Annual)
Level (-1.0487)
Buy
Beneish M-Score (Annual)
Level (-3.2101)
Buy
Momentum Score
Level (8)
Buy
Ohlson Score
Level (-2.5978)
Buy
Piotroski F Score (Annual)
Level (7)
Buy
Quality Ratio Score
Level (5)
Buy
Fundamental Score
Level (7)

Revenue Forecast

Earnings per Share Forecast

Company Profile

Westlake Chemical Partners LP is a part of the chemical industry in the United States. Its operations are conducted through OpCo, it acquires and develops ethylene production facilities, which convert ethane into ethylene. OpCo sells ethylene and its co-products such as propylene, crude butadiene, pyrolysis gasoline, and hydrogen to Westlake and other customers located in the United States. Its assets include three ethylene production facilities in Calvert City, Kentucky, and Lake Charles, Louisiana.

Stock Forecast FAQ

In the current month, WLKP has received 1 Buy ratings 1 Hold ratings, and 0 Sell ratings. The WLKP average analyst price target in the past 3 months is $25.67.

  • Where Will Westlake Chemical Partners LP Stock Be In 1 Year?

    According to analysts, the consensus estimate is that Westlake Chemical Partners LP share price will rise to $25.67 per share over the next 12 months.

  • What Do Analysts Say About Westlake Chemical Partners LP?

    Analysts are divided on their view about Westlake Chemical Partners LP share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that Westlake Chemical Partners LP is a Sell and believe this share price will drop from its current level to $23.00.

  • What Is Westlake Chemical Partners LP's Price Target?

    The price target for Westlake Chemical Partners LP over the next 1-year time period is forecast to be $25.67 according to 2 Wall Street analysts, 1 of them rates the stock a Buy, 0 rate the stock a Sell, and 1 analyst rates the stock a Hold.

  • Is WLKP A Buy, Sell Or Hold?

    According to Wall Street analysts, the consensus rating for Westlake Chemical Partners LP is a Leans Bullish. 1 of 2 analysts rates the stock a Leans Bullish at this time.

  • How Can I Buy Shares Of WLKP?

    You can purchase shares of Westlake Chemical Partners LP via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, tastytrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase Westlake Chemical Partners LP shares.

  • What Is The Westlake Chemical Partners LP Share Price Today?

    Westlake Chemical Partners LP was last trading at $22.94 per share. This represents the most recent stock quote for Westlake Chemical Partners LP. Yesterday, Westlake Chemical Partners LP closed at $22.97 per share.

  • How To Buy Westlake Chemical Partners LP Stock Online?

    In order to purchase Westlake Chemical Partners LP stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.

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