With 1.67 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.84 million shares. The 52-week range on WLK shows that it touched its highest point at $161.31 and its lowest point at $78.18 during that stretch. It currently has a 1-year price target of $106.11. With its current market cap of 10.11 billion, WLK has annualized dividend of $2.08 while the current yield stands at 2.63%. Beta for the stock currently stands at 1.01.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of WLK was down-trending over the past week, with a drop of -15.58%, but this was down by -10.89% over a month. Three-month performance dropped to -29.13% while six-month performance fell -40.25%. The stock lost -47.27% in the past year, while it has lost -31.24% so far this year. A look at the trailing 12-month EPS for WLK yields 2.97 with Next year EPS estimates of 6.06. For the next quarter, that number is 1.20. This implies an EPS growth rate of -35.00% for this year and 78.66% for next year. EPS is expected to grow by 14.70% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 7.33%.
Float and Shares Shorts:
At present, 128.24 million WLK shares are outstanding with a float of 32.95 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for WLK since 9 analysts follow the stock currently. There are 2 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 7 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $7.15881 being high and $5.67016 being low. For WLK, this leads to a yearly average estimate of $6.14425. Based on analyst estimates, the high estimate for the next quarter is $1.56 and the low estimate is $1.06. The average estimate for the next quarter is thus $1.29.
