Wall Street brokerages predict that Whirlpool Co. (NYSE:WHR) will report earnings per share (EPS) of $4.01 for the current fiscal quarter, according to Zacks. Three analysts have provided estimates for Whirlpool’s earnings, with estimates ranging from $3.95 to $4.13. Whirlpool posted earnings per share of $4.33 during the same quarter last year, which would suggest a negative year-over-year growth rate of 7.4%. The company is scheduled to issue its next earnings results after the market closes on Thursday, January 25th.
According to Zacks, analysts expect that Whirlpool will report full year earnings of $13.68 per share for the current year, with EPS estimates ranging from $13.60 to $13.78. For the next year, analysts expect that the company will post earnings of $15.37 per share, with EPS estimates ranging from $15.00 to $15.90. Zacks’ EPS calculations are a mean average based on a survey of research analysts that follow Whirlpool.
Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Monday, October 23rd. The company reported $3.83 EPS for the quarter, missing the Thomson Reuters’ consensus estimate of $3.90 by ($0.07). Whirlpool had a net margin of 3.76% and a return on equity of 18.45%. The business had revenue of $5.42 billion during the quarter, compared to analysts’ expectations of $5.50 billion. During the same quarter in the previous year, the business posted $3.66 EPS. The company’s quarterly revenue was up 3.2% on a year-over-year basis.
Several research analysts recently commented on WHR shares. ValuEngine upgraded shares of Whirlpool from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Zacks Investment Research upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a research note on Thursday, October 5th. MKM Partners set a $177.00 price objective on shares of Whirlpool and gave the company a “hold” rating in a research note on Friday, October 6th. Royal Bank of Canada reiterated a “buy” rating and set a $209.00 price objective on shares of Whirlpool in a research note on Tuesday, October 10th. Finally, Bank of America lowered shares of Whirlpool from a “buy” rating to a “neutral” rating and set a $183.00 price objective on the stock. in a research note on Tuesday, October 24th. One analyst has rated the stock with a sell rating, six have given a hold rating and one has given a buy rating to the company’s stock. The stock has a consensus rating of “Hold” and an average target price of $183.60.
Whirlpool (NYSE:WHR) opened at $172.75 on Friday. Whirlpool has a 1-year low of $158.80 and a 1-year high of $202.99. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.90 and a quick ratio of 0.55. The company has a market cap of $12,410.00, a P/E ratio of 16.30, a P/E/G ratio of 1.52 and a beta of 1.87.
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, November 17th were paid a dividend of $1.10 per share. The ex-dividend date was Thursday, November 16th. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.55%. Whirlpool’s dividend payout ratio is currently 41.51%.
Institutional investors and hedge funds have recently bought and sold shares of the company. PGGM Investments raised its stake in shares of Whirlpool by 0.6% during the third quarter. PGGM Investments now owns 188,413 shares of the company’s stock valued at $34,751,000 after purchasing an additional 1,094 shares during the period. Dimensional Fund Advisors LP raised its stake in shares of Whirlpool by 2.4% during the third quarter. Dimensional Fund Advisors LP now owns 1,169,044 shares of the company’s stock valued at $215,612,000 after purchasing an additional 27,552 shares during the period. BT Investment Management Ltd purchased a new stake in shares of Whirlpool during the second quarter valued at approximately $2,065,000. Benjamin F. Edwards & Company Inc. raised its stake in shares of Whirlpool by 39.7% during the third quarter. Benjamin F. Edwards & Company Inc. now owns 9,684 shares of the company’s stock valued at $1,786,000 after purchasing an additional 2,751 shares during the period. Finally, Swiss National Bank increased its stake in shares of Whirlpool by 0.3% in the third quarter. Swiss National Bank now owns 272,765 shares of the company’s stock worth $50,309,000 after buying an additional 900 shares during the last quarter. Institutional investors own 92.37% of the company’s stock.
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Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.
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