Whirlpool Corporation (NYSE:WHR) Given Consensus Recommendation of “Reduce” by Brokerages

Whirlpool Corporation (NYSE:WHRGet Free Report) has been assigned a consensus rating of “Reduce” from the thirteen analysts that are currently covering the firm, MarketBeat.com reports. Four equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and two have given a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is $68.8889.

A number of research analysts have weighed in on the company. Raymond James Financial reissued a “market perform” rating on shares of Whirlpool in a report on Monday, March 16th. JPMorgan Chase & Co. cut their target price on shares of Whirlpool from $59.00 to $52.00 and set a “neutral” rating for the company in a research report on Monday, May 11th. Zacks Research lowered shares of Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 10th. Stifel Nicolaus set a $55.00 target price on shares of Whirlpool in a research report on Monday, May 4th. Finally, Mizuho assumed coverage on shares of Whirlpool in a research report on Monday, April 20th. They set a “neutral” rating and a $55.00 target price for the company.

Check Out Our Latest Report on Whirlpool

Hedge Funds Weigh In On Whirlpool

Several institutional investors and hedge funds have recently bought and sold shares of the stock. Thrivent Financial for Lutherans lifted its position in Whirlpool by 0.8% during the second quarter. Thrivent Financial for Lutherans now owns 13,194 shares of the company’s stock valued at $1,338,000 after purchasing an additional 109 shares in the last quarter. Old North State Wealth Management LLC lifted its position in Whirlpool by 5.2% during the fourth quarter. Old North State Wealth Management LLC now owns 2,889 shares of the company’s stock valued at $209,000 after purchasing an additional 143 shares in the last quarter. Hotchkis & Wiley Capital Management LLC raised its stake in Whirlpool by 0.3% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 52,944 shares of the company’s stock worth $4,161,000 after acquiring an additional 144 shares during the period. Gamco Investors INC. ET AL raised its stake in Whirlpool by 3.0% during the 2nd quarter. Gamco Investors INC. ET AL now owns 5,150 shares of the company’s stock worth $522,000 after acquiring an additional 150 shares during the period. Finally, PNC Financial Services Group Inc. raised its stake in Whirlpool by 0.4% during the 3rd quarter. PNC Financial Services Group Inc. now owns 41,572 shares of the company’s stock worth $3,268,000 after acquiring an additional 158 shares during the period. 90.78% of the stock is currently owned by hedge funds and other institutional investors.

Whirlpool Stock Up 4.1%

Whirlpool stock opened at $44.43 on Thursday. Whirlpool has a one year low of $38.38 and a one year high of $111.96. The stock has a fifty day moving average of $51.25 and a 200 day moving average of $67.41. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.48 and a current ratio of 0.88. The stock has a market cap of $2.88 billion, a PE ratio of 15.11, a price-to-earnings-growth ratio of 16.84 and a beta of 1.23.

Whirlpool (NYSE:WHRGet Free Report) last posted its earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.99). Whirlpool had a net margin of 1.08% and a return on equity of 7.68%. The firm had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.44 billion. During the same period in the prior year, the company posted $1.70 EPS. The firm’s revenue was down 9.6% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. As a group, sell-side analysts predict that Whirlpool will post 2.53 EPS for the current year.

About Whirlpool

(Get Free Report)

Whirlpool Corporation is a leading global manufacturer and marketer of home appliances, with a product portfolio that spans major categories such as laundry, refrigeration, cooking, dishwashing and small electrics. Headquartered in Benton Harbor, Michigan, the company designs, produces and distributes its appliances through a network of wholly owned manufacturing facilities, joint ventures and third-party partners. Whirlpool serves both retail and professional markets, offering products under its flagship Whirlpool brand as well as several well-known names including Maytag, KitchenAid, JennAir, Amana, Brastemp and Consul.

In its laundry segment, Whirlpool provides top- and front-load washing machines, dryers and combination units designed to balance energy efficiency, capacity and convenience.

Read More

Analyst Recommendations for Whirlpool (NYSE:WHR)

Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.