Back to top
Zacks' 7 Best Strong Buy Stocks (New Research Report)
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. By pressing "Accept All" or closing out of this banner, you accept our Privacy Policy and Terms of Service, revised from time to time, and you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties. You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Valued at $99, click below to receive our just-released report
predicting the 7 stocks that will soar highest in the coming month.
Image: Bigstock
Westlake Unit Brings Fire-Rated Roofing and Stone Solutions
Westlake Corporation’s (WLK - Free Report) Westlake Royal Building Products unit is introducing fire-rated roofing and stone solutions designed to protect homeowners in wildfire-prone regions. These class A fire-rated roofing solutions and fire-rated wall cladding systems are mainly developed keeping in mind the increased threat of wildfires, especially in densely brushed areas like California.
The portfolio has assembled the durability and superior performance of leading fire-rated roofing brands like Newpoint Concrete Roof Tile to defend against extreme heat and provide options to reduce heat; U.S. Tile Clay Roofing Products to provide natural fire resistance, Unified Steel-Stone coated roofing with Above Sheathing Ventilation technology and industry-leading wildfire defense; DaVinci Roofscapes that are lightweight with fire-resistant underlayment. In addition to this, Cultured Stone and Eldorado Stone products have also been included in the line to offer class A fire rating, timeless durability, and non-combustible strength.
The product lineup has complied with the strict Wildland-Urban Interface guidelines and has been tested by Underwriters Laboratories, Inc., offering protection without compromising the aesthetic appeal.
Westlake Corp. Price and Consensus
Westlake Corp. price-consensus-chart | Westlake Corp. Quote
WLK’s Zacks Rank and Key Picks
WLK currently carries a Zacks Rank #4 (Sell).
Some better-ranked stocks in the Basic Materials space are Ingevity Corporation (NGVT - Free Report) , Carpenter Technology Corporation (CRS - Free Report) and ArcelorMittal (MT - Free Report) . While NGVT sports a Zacks Rank #1 (Strong Buy), CRS and MT carry a Zacks Rank #2 (Buy) each at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
The Zacks Consensus Estimate for Ingevity’s current-year earnings is pegged at $2.75 per share. NGVT beat the Zacks Consensus Estimate in three of the trailing four quarters and missed once, with the average earnings surprise being 95.4%.
The Zacks Consensus Estimate for Carpenter Technology’s current fiscal-year earnings is pegged at $6.95 per share. CRS beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average earnings surprise being 15.7%. Its shares have soared 207.1% in the past year.
The Zacks Consensus Estimate for ArcelorMittal’s current-year earnings is pegged at $3.72 per share. MT surpassed the Zacks Consensus Estimate in three of the trailing four quarters but missed it in one, with an average earnings surprise of 4.11%.