Westlake Chemical Partners LP (WLKP)
NYSE: WLKP · IEX Real-Time Price · USD
22.00
-0.05 (-0.23%)
May 8, 2024, 4:00 PM EDT - Market closed
WLKP Stock Forecast
Stock Price Forecast
The 1 analyst with a 12-month price forecast for WLKP stock has a target of 27, which predicts an increase of 22.73% from the current stock price of 22.00.
Analyst Consensus: Strong Buy
* Price targets were last updated on May 22, 2023.
Analyst Ratings
According to 1 stock analyst, the rating for WLKP is "Strong Buy". This means that the analyst believes this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Dec '22 | Jan '23 | Feb '23 | Mar '23 | Apr '23 | May '23 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 0 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 2 | 2 | 2 | 2 | 2 | 1 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $28 → $27 | Strong Buy | Maintains | $28 → $27 | +22.73% | May 22, 2023 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $29 → $28 | Strong Buy | Maintains | $29 → $28 | +27.27% | Feb 23, 2023 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $30 → $29 | Strong Buy | Maintains | $30 → $29 | +31.82% | Nov 18, 2022 |
| Deutsche Bank | Deutsche Bank | Strong Buy Maintains $31 → $30 | Strong Buy | Maintains | $31 → $30 | +36.36% | May 16, 2022 |
| Barclays | Barclays | Buy Maintains $31 → $32 | Buy | Maintains | $31 → $32 | +45.45% | May 9, 2022 |
Financial Forecast
Revenue This Year
1.18B
from 1.19B
Decreased by -0.91%
Revenue Next Year
1.26B
from 1.18B
Increased by 6.69%
EPS This Year
1.70
from 1.54
Increased by 10.39%
EPS Next Year
2.22
from 1.70
Increased by 30.60%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.2B | 1.3B | 1.4B |
| Avg | 1.2B | 1.3B | 1.4B |
| Low | 1.1B | 1.2B | 1.3B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 2.0% | 9.8% | 12.8% |
| Avg | -0.9% | 6.7% | 9.5% |
| Low | -4.8% | 2.5% | 5.2% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 1.87 | 2.48 | 2.72 |
| Avg | 1.70 | 2.22 | 2.36 |
| Low | 1.49 | 1.90 | 1.90 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 21.4% | 45.8% | 22.5% |
| Avg | 10.4% | 30.6% | 6.1% |
| Low | -3.3% | 11.8% | -14.4% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.