Whirlpool (NYSE:WHR) had its price target hoisted by research analysts at Royal Bank of Canada to $200.00 in a report issued on Monday, January 29th. The firm currently has an “in-line” rating on the stock. Royal Bank of Canada’s price objective would suggest a potential upside of 16.92% from the stock’s previous close.
A number of other brokerages have also commented on WHR. Zacks Investment Research raised shares of Whirlpool from a “sell” rating to a “hold” rating in a research report on Thursday, October 5th. ValuEngine upgraded shares of Whirlpool from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. MKM Partners set a $177.00 price objective on shares of Whirlpool and gave the company a “hold” rating in a report on Friday, October 6th. Raymond James Financial upgraded shares of Whirlpool from a “market perform” rating to an “outperform” rating and set a $200.00 price objective on the stock in a report on Friday, January 26th. Finally, UBS Group upgraded shares of Whirlpool from a “market perform” rating to an “outperform” rating in a report on Friday, January 26th. Seven equities research analysts have rated the stock with a hold rating and three have issued a buy rating to the company. The company has a consensus rating of “Hold” and a consensus price target of $189.40.
Shares of Whirlpool (WHR) opened at $171.05 on Monday. Whirlpool has a 1 year low of $158.80 and a 1 year high of $202.99. The company has a market cap of $12,290.00, a P/E ratio of 37.93, a PEG ratio of 0.89 and a beta of 1.81. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.58 and a current ratio of 0.94.
Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Wednesday, January 24th. The company reported $4.10 earnings per share for the quarter, beating the Zacks’ consensus estimate of $4.01 by $0.09. The firm had revenue of $5.70 billion for the quarter, compared to analyst estimates of $5.88 billion. Whirlpool had a net margin of 1.65% and a return on equity of 18.36%. The business’s revenue was up .8% on a year-over-year basis. During the same quarter in the previous year, the firm posted $4.33 earnings per share. research analysts expect that Whirlpool will post 15.32 earnings per share for the current year.
Several hedge funds have recently added to or reduced their stakes in the stock. Sun Life Financial INC lifted its position in Whirlpool by 7,628.6% during the second quarter. Sun Life Financial INC now owns 541 shares of the company’s stock worth $104,000 after purchasing an additional 534 shares during the period. NuWave Investment Management LLC bought a new stake in Whirlpool during the fourth quarter worth about $101,000. Valeo Financial Advisors LLC bought a new stake in Whirlpool during the third quarter worth about $129,000. Cerebellum GP LLC bought a new stake in Whirlpool during the fourth quarter worth about $128,000. Finally, Westwood Holdings Group Inc. bought a new stake in Whirlpool during the second quarter worth about $153,000. Institutional investors and hedge funds own 93.72% of the company’s stock.
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Whirlpool Company Profile
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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