Movers of Yesterday -Edison International (NYSE:EIX), Westlake Chemical Corporation (NYSE:WLK)

Posted February 23, 2017

Westlake Chemical Corporation is a vertically integrated global manufacturer and marketer of basic chemicals, vinyls, polymers and building products. It focuses on offering ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen. The Company's products include a range of chemicals, which are fundamental to various diverse consumer and industrial markets, including flexible and rigid packaging, automotive products, coatings, residential and commercial construction, as well as other durable and non-durable goods.

Several research firms have weighed in on WLK.

Many research firms have provided their ratings on Westlake Chemical Corp. The price to earnings growth is 2.47 and the price to sales ratio is 17. (NYSE:RICE) established that the company was able to keep return on investment at -8.60 in the trailing twelve month while Reuters data showed that industry's average stands at -4.41 and sector's optimum level is 2.96. The stock presently has a consensus rating of Buy and an average price target of $24.40.

Sauber reveals C36-Ferrari
After a hard few seasons, Sauber is now on a surer financial footing and consolidation is the name of the game for now. As for the powertrain, the Ferrari-sourced unit in the Abu Dhabi 2016 configuration will be used in the C36.

Westlake Chemical Corp. (NYSE:WLK) Price to Earnings (P/E) ratio is 21.05.

Although mid-cap stocks, such as Westlake Chemical Corporation (NYSE:WLK) with a market-capitalization of $7.95 Billion, are hardly popular among investors, they have delivered the most impressive risk adjusted returns. The company's 50-day moving average is $61.72 and its 200-day moving average is $55.20.

Westlake Chemical Partners (NYSE:WLKP) last posted its quarterly earnings results on Tuesday, November 8th.

Roman Polanski to return to the US
Polanski spent another 334 days in custody in Switzerland, while authorities tried to extradite him back to the U.S. Geimer in the video also claims she has forgiven Polanski.

EPS in next five year years is expected to touch 8.00% while EPS growth in past 5 year was 23.80% along with sales growth of 7.10% in the last five years. Westlake Chemical Corporation had a net margin of 9.50% and a return on equity of 13.56%. The business had revenue of $193.96 million for the quarter, compared to analysts' expectations of $299.18 million. During the same quarter in the previous year, the firm earned $0.84 earnings per share. Last year, it had about $986.77 million of revenue. Analysts forecast that Westlake Chemical Partners will post $1.53 EPS for the current year.

The business also recently disclosed a dividend, which will be paid on Tuesday, March 14th. Castleark Management LLC acquired a new position in shares of Westlake Chemical Corporation during the fourth quarter valued at $3,428,000. This represents a $1.38 annualized dividend and a dividend yield of 5.36%. The ex-dividend date of this dividend is Friday, February 24th. Westlake Chemical Corporation's payout ratio is now 24.20%. The average numbers of shares are traded in a security per day, during the recent 3-month period. The number of shares now owned by investors are 130.97 mln. The purchase was disclosed in a filing with the SEC, which is available through the SEC website.

A number of institutional investors have recently modified their holdings of the stock.

Bollywood beauties grace New York Fashion Week
Finally Deepika has beaten former Miss World and actress Priyanka Chopra in this race as she has bagged her second global project. She is seen with Hollywood beauties Jessica Biel, Camilla Belle and Chinese actress Li Bingbing.

On Sep 16 Westlake Chemical Corp. MSI Financial Services Inc now owns 3,493 shares of the company's stock worth $187,000 after buying an additional 640 shares during the last quarter. The Stock opened its session at $62.4 and closed at $65.79 by showing increase of 6.7 percent. The Short Ratio for the stock is 4.43. To assess that, I compare Westlake Chemical's cash and other liquid assets (current assets) against its overall debt. The Company's business and operations are conducted through Westlake Chemical OpCo LP (OpCo).