$0.43 EPS Expected for Westlake Chemical Partners LP (WLKP)

Westlake Chemical Partners reported sales of $293.94 million during the same quarter last year, which indicates a positive year-over-year growth rate of 11%. Zacks Investment Research's earnings per share averages are a mean average based on a survey of sell-side research analysts that follow Westlake Chemical Partners. Westlake Chemical Partners LP (NYSE:WLKP) has risen 21.83% since February 10, 2017 and is uptrending. It has outperformed by 28.35% the S&P500. The stock of Westlake Chemical Corporation (NYSE:WLK) has "Neutral" rating given on Monday, August 10 by Goldman Sachs. Huntington Ingalls Industries had 30 analyst reports since August 7, 2015 according to SRatingsIntel. They issued an "equal weight" rating and a $26.00 target price on the stock. The firm has "Buy" rating given on Tuesday, February 14 by Stifel Nicolaus. The hedge fund held 330,000 shares of the central company at the end of 2017Q3, valued at $3.64 million, up from 180,000 at the end of the previous reported quarter. Royal Bank of Canada reaffirmed an "outperform" rating and set a $114.00 target price (up previously from $103.00) on shares of Westlake Chemical in a research note on Thursday, November 9th. Cowen & Co maintained the shares of WLK in report on Tuesday, October 3 with "Buy" rating. The firm has "Hold" rating given on Monday, April 3 by Credit Suisse. The firm has "Buy" rating by Robert W. Baird given on Friday, October 13. The company has market cap of $4.08 billion. It has a 26.39 P/E ratio. The firm is involved in the design and construction of non-nuclear ships comprising amphibious assault ships that include deck amphibious ships and transport dock ships; surface combatants; and national security cutters for the U.S. The correct version of this news story can be read at https://www.thelincolnianonline.com/2018/02/11/westlake-chemical-partners-wlkp-earns-daily-media-sentiment-score-of-0-16.html. Its down 0.14, from 0.96 in 2017Q2. It increased, as 39 investors sold MA shares while 488 reduced holdings. 45 funds opened positions while 168 raised stakes. Citigroup accumulated 0.08% or 1.15 million shares. Btc Capital Mgmt Inc has 0.4% invested in The AES Corporation (NYSE:AES). Amica Retiree Tru owns 3,894 shares. Duncker Streett & holds 17 shares. Advisory Serv Network Ltd Liability stated it has 41 shares or 0% of all its holdings. (NYSE:HII) for 90 shares. Polaris Greystone Fincl Gp Ltd Liability Corporation reported 0.15% in Westlake Chemical Partners LP (NYSE:WLKP). Fjarde Ap holds 0.61% or 225,897 shares in its portfolio. Royce & Associates LP now owns 748,884 shares of the specialty chemicals company's stock valued at $62,225,000 after purchasing an additional 8,184 shares in the last quarter. Waddell Reed Fin holds 0.1% or 1.76M shares in its portfolio. State Common Retirement Fund holds 119,911 shares or 0.03% of its portfolio. Westlake Chemical Partners earned a media sentiment score of 0.16 on Accern's scale. Citadel Ltd Liability Company accumulated 894,888 shares.

The stock increased 2.19% or $4.94 during the last trading session, reaching $230.31. About 932,095 shares traded or 14.48% up from the average. The AES Corporation (NYSE:AES) has risen 4.28% since February 11, 2017 and is uptrending. It has outperformed by 10.21% the S&P500. ValuEngine downgraded shares of Westlake Chemical Partners from a "buy" rating to a "hold" rating in a research note on Friday, February 2nd.

According to Zacks, analysts expect that Westlake Chemical Partners will report full year sales of $326.34 million for the current financial year, with estimates ranging from $1.16 billion to $1.22 billion. The stock has "Buy" rating by Suntrust Robinson on Wednesday, June 15. The company was maintained on Wednesday, August 5 by Barclays Capital. The company was maintained on Tuesday, December 19 by B. Riley & Co. Citigroup maintained Westlake Chemical Corporation (NYSE:WLK) on Tuesday, October 24 with "Buy" rating. The firm earned "Sector Perform" rating on Wednesday, January 4 by RBC Capital Markets. Also, CEO Albert Chao acquired 10,375 shares of the business's stock in a transaction dated Monday, November 27th. The company was maintained on Sunday, September 10 by RBC Capital Markets. The stock of Westlake Chemical Partners LP (NYSE:WLKP) has "Outperform" rating given on Friday, September 9 by FBR Capital. The stock has "Neutral" rating by Bank of America on Wednesday, November 8.

Westlake Chemical Corporation is a global manufacturer and marketer of basic chemicals, vinyls, polymers and building products. The company has a market cap of $13,254.13, a price-to-earnings ratio of 20.57, a PEG ratio of 1.18 and a beta of 1.62. It operates through two divisions, Olefins and Vinyls. It also sells ethylene co-products, including propylene, crude butadiene, pyrolysis gasoline, and hydrogen directly to third parties on a spot or contract basis. The company has a debt-to-equity ratio of 0.74, a current ratio of 2.31 and a quick ratio of 1.59. It is positive, as 23 investors sold Westlake Chemical Partners LP shares while 65 reduced holdings. 61 funds opened positions while 66 raised stakes. 38,100 were accumulated by Arosa Management Ltd Partnership. Calamos Advsr Limited Liability stated it has 336,901 shares. The basic materials company reported $0.47 EPS for the quarter, topping the Zacks' consensus estimate of $0.41 by $0.06. Pub Employees Retirement Of Ohio holds 17,627 shares.

Shares of Westlake Chemical (WLK) traded up $0.55 during midday trading on Thursday, hitting $102.66. Envestnet Asset Mgmt has invested 0% of its portfolio in Westlake Chemical Corporation (NYSE:WLK). Quantitative Systematic Strategies Limited Liability Corporation has 2,461 shares for 0.05% of their portfolio. James Inv Research has invested 0.43% in Westlake Chemical Corporation (NYSE:WLK). Manchester Mngmt Limited Liability Company reported 0.06% of its portfolio in Rexnord Corporation (NYSE:RXN). D E Shaw &, New York-based fund reported 8,098 shares. Alliancebernstein L.P. increased its stake in shares of Westlake Chemical by 165.2% during the second quarter. State Of Wisconsin Invest Board invested in 0% or 7,244 shares. For the next fiscal year, analysts anticipate that the business will report sales of $8.64 billion per share, with estimates ranging from $8.45 billion to $9.04 billion.

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