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NYSE: WLKP
Westlake Chemical Partners LP Stock Forecast, Predictions & Price Target

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Analyst price target for WLKP

Based on 2 analysts offering 12 month price targets for Westlake Chemical Partners LP.
Min Forecast
$29.00+28.15%
Avg Forecast
$30.50+34.78%
Max Forecast
$32.00+41.41%

Should I buy or sell WLKP stock?

Based on 2 analysts offering ratings for Westlake Chemical Partners LP.
Strong Buy
Strong Buy
2 analysts 100%
Buy
0 analysts 0%
Hold
0 analysts 0%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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WLKP stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Deutsche Bank
Top 4%
97
Strong BuyMaintains$29.00+28.15%2022-11-18
Barclays
Bottom 11%
11
Strong BuyMaintains$32.00+41.41%2022-05-09

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Forecast return on equity

Is WLKP forecast to generate an efficient return?
Company
27.16%
Industry
29.31%
Market
50.79%
WLKP's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is WLKP forecast to generate an efficient return on assets?
Company
5.54%
Industry
12%
WLKP is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

WLKP earnings per share forecast

What is WLKP's earnings per share in the next 3 years based on estimates from 2 analysts?
Avg 1 year Forecast
$1.88-13.76%
Avg 2 year Forecast
$1.95-10.55%
Avg 3 year Forecast
$2.25+3.21%
WLKP's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

WLKP revenue forecast

What is WLKP's revenue in the next 3 years based on estimates from 1 analyst?
Avg 1 year Forecast
$1.7B+7.37%
Avg 2 year Forecast
$1.4B-12.81%
Avg 3 year Forecast
$1.2B-19.78%
WLKP's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

WLKP earnings growth forecast

How is WLKP forecast to perform vs Chemicals companies and vs the US market?
Company
-3.84%
Industry
41.43%
Market
20.12%
WLKP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
WLKP's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
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Forecast Earnings Growth vs Savings Rate Forecast

WLKP revenue growth forecast

How is WLKP forecast to perform vs Chemicals companies and vs the US market?
Company
-4.29%
Industry
10.38%
Market
6.49%
WLKP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
WLKP's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

WLKP vs Chemical Stocks

TickerPricePrice TargetUp/downsideConsensus
WLKP$22.63$30.50+34.78%Strong Buy
ORGN$5.62$7.00+24.56%Strong Buy
VHI$24.97N/AN/A
RYAM$8.04$9.00+11.94%Buy
ASIX$40.45$46.00+13.72%Strong Buy

Westlake Chemical Partners Stock Forecast FAQ

Is Westlake Chemical Partners Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: WLKP) stock is to Strong Buy WLKP stock.

Out of 2 analysts, 2 (100%) are recommending WLKP as a Strong Buy, 0 (0%) are recommending WLKP as a Buy, 0 (0%) are recommending WLKP as a Hold, 0 (0%) are recommending WLKP as a Sell, and 0 (0%) are recommending WLKP as a Strong Sell.

If you're new to stock investing, here's how to buy Westlake Chemical Partners stock.

What is WLKP's earnings growth forecast for 2022-2024?

(NYSE: WLKP) Westlake Chemical Partners's forecast annual earnings growth rate of -3.84% is not forecast to beat the US Chemicals industry's average forecast earnings growth rate of 41.43%, and while it is not forecast to beat the US market's average forecast earnings growth rate of 20.12%.

Westlake Chemical Partners's earnings in 2022 is $76,901,000.On average, 2 Wall Street analysts forecast WLKP's earnings for 2022 to be $66,217,112, with the lowest WLKP earnings forecast at $65,512,674, and the highest WLKP earnings forecast at $66,921,549. On average, 2 Wall Street analysts forecast WLKP's earnings for 2023 to be $68,682,643, with the lowest WLKP earnings forecast at $66,569,331, and the highest WLKP earnings forecast at $70,443,736.

In 2024, WLKP is forecast to generate $79,249,203 in earnings, with the lowest earnings forecast at $79,249,203 and the highest earnings forecast at $79,249,203.

What is WLKP's revenue growth forecast for 2022-2024?

(NYSE: WLKP) Westlake Chemical Partners's forecast annual revenue growth rate of -4.29% is not forecast to beat the US Chemicals industry's average forecast revenue growth rate of 10.38%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.49%.

Westlake Chemical Partners's revenue in 2022 is $1,556,764,000.On average, 1 Wall Street analysts forecast WLKP's revenue for 2022 to be $58,874,056,799, with the lowest WLKP revenue forecast at $58,874,056,799, and the highest WLKP revenue forecast at $58,874,056,799. On average, 1 Wall Street analysts forecast WLKP's revenue for 2023 to be $47,808,050,311, with the lowest WLKP revenue forecast at $47,808,050,311, and the highest WLKP revenue forecast at $47,808,050,311.

In 2024, WLKP is forecast to generate $43,988,238,727 in revenue, with the lowest revenue forecast at $43,988,238,727 and the highest revenue forecast at $43,988,238,727.

What is WLKP's forecast return on assets (ROA) for 2022-2024?

(NYSE: WLKP) forecast ROA is 5.54%, which is lower than the forecast US Chemicals industry average of 12%.

What is WLKP's Price Target?

According to 2 Wall Street analysts that have issued a 1 year WLKP price target, the average WLKP price target is $30.50, with the highest WLKP stock price forecast at $32.00 and the lowest WLKP stock price forecast at $29.00.

On average, Wall Street analysts predict that Westlake Chemical Partners's share price could reach $30.50 by Nov 18, 2023. The average Westlake Chemical Partners stock price prediction forecasts a potential upside of 34.78% from the current WLKP share price of $22.63.

What is WLKP's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: WLKP) Westlake Chemical Partners's current Earnings Per Share (EPS) is $2.18. On average, analysts forecast that WLKP's EPS will be $1.88 for 2022, with the lowest EPS forecast at $1.86, and the highest EPS forecast at $1.90. On average, analysts forecast that WLKP's EPS will be $1.95 for 2023, with the lowest EPS forecast at $1.89, and the highest EPS forecast at $2.00. In 2024, WLKP's EPS is forecast to hit $2.25 (min: $2.25, max: $2.25).

What is WLKP's forecast return on equity (ROE) for 2022-2024?

(NYSE: WLKP) forecast ROE is 27.16%, which is considered strong.
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