Westlake(US:WLK) Financial Modeling Prepยท2025-11-04 20:16Core Insights - Westlake Corporation (NYSE: WLK) is a global manufacturer and supplier of petrochemicals, polymers, and building products, operating in a competitive industry alongside peers like Dow Inc. and LyondellBasell [1] - Bhavesh Lodaya from BMO Capital has set a price target of $83 for Westlake, indicating a potential price increase of 23.04% from its current trading price of $67.46 [1][5] Financial Strategies - Westlake has announced an underwritten public offering of senior unsecured notes as part of its strategy to manage debt efficiently, with proceeds aimed at repurchasing outstanding debt to improve financial health [2][5] - The timing and terms of the notes will depend on market conditions [2] Stock Performance - Currently, Westlake's stock is trading at $67.54, reflecting a slight decrease of 1.08% or $0.74, with a daily trading range between $66.99 and $69 [3] - Over the past year, the stock has experienced significant fluctuations, with a high of $139.59 and a low of $65.77 [3][5] Market Presence - Westlake's market capitalization is approximately $8.66 billion, indicating a substantial presence in the industry [4] - The trading volume for the stock is 118,058 shares on the New York Stock Exchange (NYSE), reflecting investor interest and activity [4]