Alert: Negative Investment/Fundamental Signals (6/12/24)-Westlake Corp (NYSE: WLK)

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Westlake Corp (NYSE: WLK) has recently experienced meaningful negative changes in fundamentals: significant quarterly sales deceleration occurred, significant quarterly earnings deceleration occurred, and the consensus estimate for December, 2025 decreased significantly.

Recent meaningful negative changes in investment behavior have impacted Westlake Corp (NYSE: WLK): its shorter term price trend turned down.

In light of these highly negative signals we are reviewing our current Overall Rating of B. We would view the shares with caution pending completion of this review in the next several days.

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Current PriceTarget Research Rating

With future capital returns forecasted to exceed the cost of capital, WLK is expected to continue to be a Value Builder.

Westlake has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Westlake has a slightly positive Appreciation Score of 66 and a good Power Rating of 75, with the Positive Value Trend Rating the result.

Recent Price Action

On 6/12/24, Westlake Corp (NYSE: WLK) stock rose modestly by 0.5%, closing at $152.86. Moreover, this advance was accompanied by above average trading volume at 133% of normal. Relative to the market the stock has been strong over the last nine months but has declined -0.9% during the last week.

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