Westlake Chemical Partners LP (WLKP) Stock Forecast, Price Target & Predictions
WLKP Stock Forecast
Westlake Chemical Partners LP stock forecast is as follows: an average price target of $29.00 (represents a 28.26% upside from WLKP’s last price of $22.61) and a rating consensus of 'Buy', based on 1 wall street analysts offering a 1-year stock forecast.
WLKP Price Target
The average price target for Westlake Chemical Partners LP (WLKP) is $29.00 based on 1-year price targets from 1 Wall Street analysts in the past 3 months, with a price target range of $29.00 to $29.00. This represents a potential 28.26% upside from WLKP's last price of $22.61.
WLKP Analyst Ratings
According to 1 Wall Street analysts, Westlake Chemical Partners LP's rating consensus is 'Buy'. The analyst rating breakdown for WLKP stock is 0 'Strong Buy' (0.00%), 1 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Westlake Chemical Partners LP Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 18, 2022 | - | Deutsche Bank | $29.00 | $22.30 | 30.04% | 28.26% |
| May 16, 2022 | - | Deutsche Bank | $30.00 | $26.74 | 12.19% | 32.68% |
The latest Westlake Chemical Partners LP stock forecast, released on Nov 18, 2022 by Deutsche Bank company, set a price target of $29.00, which represents a 30.04% increase from the stock price at the time of the forecast ($22.30), and a 28.26% increase from WLKP last price ($22.61).
Westlake Chemical Partners LP Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $22.61 | $22.61 | $22.61 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of Westlake Chemical Partners LP stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Westlake Chemical Partners LP's last price of $22.61. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| May 07, 2024 | Bank of America Securities | Underperform | Underperform | Hold |
| Nov 18, 2022 | Deutsche Bank | Buy | Buy | Hold |
| May 16, 2022 | Deutsche Bank | Buy | Buy | Hold |
Westlake Chemical Partners LP's last stock rating was published by Bank of America Securities on May 07, 2024. The company gave WLKP a "Underperform" rating, the same as its previous rate.
Westlake Chemical Partners LP Financial Forecast
Westlake Chemical Partners LP Revenue Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $297.27M | $321.66M | - | $307.68M | $366.84M | $415.12M | $448.79M | $362.40M | $330.46M | $293.97M | $322.23M | $268.21M | $245.65M | $231.97M | $238.50M | $250.55M | $272.80M | $249.93M |
| Avg Forecast | $238.02M | $242.06M | $246.17M | $250.36M | $254.61M | $258.94M | $263.34M | $267.81M | $262.00M | $244.00M | $270.00M | $358.70M | $317.00M | $357.02M | $346.55M | $391.10M | $397.69M | $451.84M | $344.05M | $316.28M | $269.95M | $272.52M | $302.60M | $295.78M | $281.10M | $262.02M | $284.93M | $277.17M | $317.07M | $302.81M |
| High Forecast | $238.02M | $242.06M | $246.17M | $250.36M | $254.61M | $258.94M | $263.34M | $267.81M | $262.00M | $244.00M | $270.00M | $358.70M | $317.00M | $417.04M | $346.55M | $391.10M | $397.69M | $451.84M | $344.05M | $316.28M | $269.95M | $272.52M | $302.60M | $295.78M | $281.10M | $262.02M | $284.93M | $277.17M | $317.07M | $302.81M |
| Low Forecast | $238.02M | $242.06M | $246.17M | $250.36M | $254.61M | $258.94M | $263.34M | $267.81M | $262.00M | $244.00M | $270.00M | $358.70M | $317.00M | $297.00M | $346.55M | $391.10M | $397.69M | $451.84M | $344.05M | $316.28M | $269.95M | $272.52M | $302.60M | $295.78M | $281.10M | $262.02M | $284.93M | $277.17M | $317.07M | $302.81M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 4 | 4 | 7 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.90% | - | 0.79% | 0.92% | 0.92% | 1.30% | 1.15% | 1.22% | 1.08% | 1.06% | 0.91% | 0.87% | 0.89% | 0.84% | 0.90% | 0.86% | 0.83% |
Westlake Chemical Partners LP's average Quarter revenue forecast for Mar 24 based on 1 analysts is $358.70M, with a low forecast of $358.70M, and a high forecast of $358.70M. WLKP's average Quarter revenue forecast represents a 20.66% increase compared to the company's last Quarter revenue of $297.27M (Dec 23).
Westlake Chemical Partners LP EBITDA Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 4 | 4 | 7 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $121.12M | $86.24M | - | $125.61M | $125.55M | $111.83M | $118.48M | $114.47M | $57.88M | $41.46M | $56.29M | $45.10M | $42.91M | $46.76M | $44.31M | $47.95M | $48.72M | $46.09M |
| Avg Forecast | $95.70M | $97.32M | $98.98M | $100.66M | $102.37M | $104.11M | $105.88M | $107.68M | $105.34M | $98.10M | $108.55M | $71.07M | $127.45M | $143.54M | $139.33M | $64.61M | $70.03M | $181.66M | $138.33M | $58.74M | $108.54M | $109.57M | $121.66M | $52.90M | $113.02M | $105.35M | $114.56M | $40.83M | $127.48M | $121.75M |
| High Forecast | $95.70M | $97.32M | $98.98M | $100.66M | $102.37M | $104.11M | $105.88M | $107.68M | $105.34M | $98.10M | $108.55M | $85.29M | $127.45M | $167.67M | $139.33M | $77.53M | $84.04M | $181.66M | $138.33M | $70.49M | $108.54M | $109.57M | $121.66M | $63.49M | $113.02M | $105.35M | $114.56M | $49.00M | $127.48M | $121.75M |
| Low Forecast | $95.70M | $97.32M | $98.98M | $100.66M | $102.37M | $104.11M | $105.88M | $107.68M | $105.34M | $98.10M | $108.55M | $56.86M | $127.45M | $119.41M | $139.33M | $51.69M | $56.03M | $181.66M | $138.33M | $46.99M | $108.54M | $109.57M | $121.66M | $42.32M | $113.02M | $105.35M | $114.56M | $32.66M | $127.48M | $121.75M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.95% | 0.60% | - | 1.94% | 1.79% | 0.62% | 0.86% | 1.95% | 0.53% | 0.38% | 0.46% | 0.85% | 0.38% | 0.44% | 0.39% | 1.17% | 0.38% | 0.38% |
1 analysts predict WLKP's average Quarter EBITDA for Mar 24 to be $71.07M, with a high of $85.29M and a low of $56.86M. This is -41.32% lower than Westlake Chemical Partners LP's previous annual EBITDA (Dec 23) of $121.12M.
Westlake Chemical Partners LP Net Income Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 4 | 4 | 7 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $14.30M | $13.21M | - | $91.45M | $91.26M | $78.31M | $84.44M | $80.83M | $138.39M | $12.79M | $25.10M | $15.15M | $15.03M | $18.54M | $14.86M | $17.75M | $17.37M | $14.92M |
| Avg Forecast | $19.62M | $20.60M | $20.38M | $20.41M | $13.48M | $13.88M | $16.12M | $15.07M | $13.00M | $14.07M | $15.32M | $23.09M | $15.69M | $15.50M | $13.44M | $20.99M | $35.71M | $17.32M | $17.31M | $19.09M | $14.64M | $17.88M | $19.04M | $17.77M | $17.96M | $15.50M | $16.56M | $18.09M | $16.75M | $16.38M |
| High Forecast | $19.62M | $20.60M | $20.38M | $20.41M | $13.48M | $13.88M | $16.12M | $16.83M | $13.00M | $14.44M | $15.32M | $27.71M | $15.69M | $16.91M | $13.44M | $25.19M | $42.85M | $17.32M | $17.31M | $22.90M | $14.64M | $17.88M | $19.04M | $21.32M | $17.96M | $15.50M | $16.56M | $21.71M | $16.75M | $16.38M |
| Low Forecast | $19.62M | $20.60M | $20.38M | $20.41M | $13.48M | $13.88M | $16.12M | $12.97M | $13.00M | $13.71M | $15.32M | $18.48M | $15.69M | $14.09M | $13.44M | $16.80M | $28.57M | $17.32M | $17.31M | $15.27M | $14.64M | $17.88M | $19.04M | $14.21M | $17.96M | $15.50M | $16.56M | $14.48M | $16.75M | $16.38M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.91% | 0.85% | - | 4.36% | 2.56% | 4.52% | 4.88% | 4.23% | 9.45% | 0.72% | 1.32% | 0.85% | 0.84% | 1.20% | 0.90% | 0.98% | 1.04% | 0.91% |
Westlake Chemical Partners LP's average Quarter net income forecast for Mar 24 is $23.09M, with a range of $18.48M to $27.71M. WLKP's average Quarter net income forecast represents a 61.51% increase compared to the company's last Quarter net income of $14.30M (Dec 23).
Westlake Chemical Partners LP SG&A Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 4 | 4 | 7 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $7.87M | $6.74M | - | $7.91M | $2.85M | $8.68M | $9.92M | $8.23M | $6.28M | $7.79M | $8.27M | $8.67M | $7.30M | $6.25M | $6.14M | $6.20M | $7.84M | $6.82M |
| Avg Forecast | $5.84M | $5.94M | $6.04M | $6.15M | $6.25M | $6.36M | $6.46M | $6.57M | $6.43M | $5.99M | $6.63M | $11.73M | $7.78M | $8.76M | $8.51M | $10.67M | $7.60M | $11.09M | $8.45M | $9.70M | $6.63M | $6.69M | $7.43M | $10.17M | $6.90M | $6.43M | $6.99M | $6.32M | $7.78M | $7.43M |
| High Forecast | $5.84M | $5.94M | $6.04M | $6.15M | $6.25M | $6.36M | $6.46M | $6.57M | $6.43M | $5.99M | $6.63M | $14.08M | $7.78M | $10.24M | $8.51M | $12.80M | $9.12M | $11.09M | $8.45M | $11.64M | $6.63M | $6.69M | $7.43M | $12.21M | $6.90M | $6.43M | $6.99M | $7.58M | $7.78M | $7.43M |
| Low Forecast | $5.84M | $5.94M | $6.04M | $6.15M | $6.25M | $6.36M | $6.46M | $6.57M | $6.43M | $5.99M | $6.63M | $9.39M | $7.78M | $7.29M | $8.51M | $8.53M | $6.08M | $11.09M | $8.45M | $7.76M | $6.63M | $6.69M | $7.43M | $8.14M | $6.90M | $6.43M | $6.99M | $5.05M | $7.78M | $7.43M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.77% | - | 0.74% | 0.38% | 0.78% | 1.17% | 0.85% | 0.95% | 1.16% | 1.11% | 0.85% | 1.06% | 0.97% | 0.88% | 0.98% | 1.01% | 0.92% |
Westlake Chemical Partners LP's average Quarter SG&A projection for Mar 24 is $11.73M, based on 1 Wall Street analysts, with a range of $9.39M to $14.08M. The forecast indicates a 49.13% rise compared to WLKP last annual SG&A of $7.87M (Dec 23).
Westlake Chemical Partners LP EPS Forecast
| Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 6 | 4 | 4 | 7 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.41 | $0.37 | - | $2.58 | $2.61 | $2.22 | $2.40 | $2.30 | $3.94 | $0.36 | $0.71 | $0.43 | $0.43 | $0.53 | $0.43 | $0.50 | $0.49 | $0.42 |
| Avg Forecast | $0.56 | $0.58 | $0.58 | $0.58 | $0.38 | $0.39 | $0.46 | $0.43 | $0.37 | $0.40 | $0.43 | $0.45 | $0.45 | $0.44 | $0.38 | $0.47 | $0.48 | $0.49 | $0.49 | $0.56 | $0.42 | $0.51 | $0.54 | $0.52 | $0.51 | $0.44 | $0.47 | $0.51 | $0.48 | $0.46 |
| High Forecast | $0.56 | $0.58 | $0.58 | $0.58 | $0.38 | $0.39 | $0.46 | $0.48 | $0.37 | $0.41 | $0.43 | $0.45 | $0.45 | $0.48 | $0.38 | $0.47 | $0.48 | $0.49 | $0.49 | $0.56 | $0.42 | $0.51 | $0.54 | $0.52 | $0.51 | $0.44 | $0.47 | $0.51 | $0.48 | $0.46 |
| Low Forecast | $0.56 | $0.58 | $0.58 | $0.58 | $0.38 | $0.39 | $0.46 | $0.37 | $0.37 | $0.39 | $0.43 | $0.45 | $0.45 | $0.40 | $0.38 | $0.47 | $0.48 | $0.49 | $0.49 | $0.56 | $0.42 | $0.51 | $0.54 | $0.52 | $0.51 | $0.44 | $0.47 | $0.51 | $0.48 | $0.46 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.92% | 0.84% | - | 5.45% | 5.49% | 4.52% | 4.88% | 4.07% | 9.48% | 0.71% | 1.31% | 0.83% | 0.84% | 1.20% | 0.91% | 0.98% | 1.03% | 0.90% |
According to 1 Wall Street analysts, Westlake Chemical Partners LP's projected average Quarter EPS for Mar 24 is $0.45, with a low estimate of $0.45 and a high estimate of $0.45. This represents a 10.31% increase compared to WLKP previous annual EPS of $0.41 (Dec 23).
Westlake Chemical Partners LP Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| GPRE | Green Plains | $10.82 | $27.40 | 153.23% | Buy |
| TROX | Tronox | $10.91 | $19.43 | 78.09% | Buy |
| LXU | LSB Industries | $8.73 | $14.83 | 69.87% | Buy |
| HUN | Huntsman | $19.67 | $33.31 | 69.34% | Buy |
| ASIX | AdvanSix | $30.31 | $41.00 | 35.27% | Buy |
| MEOH | Methanex | $42.29 | $56.29 | 33.10% | Hold |
| WLKP | Westlake Chemical Partners LP | $22.61 | $29.00 | 28.26% | Buy |
| UNVR | Univar Solutions | $36.14 | $36.00 | -0.39% | Buy |