Shares of Whirlpool Co. (NYSE:WHR) have earned a consensus rating of “Hold” from the thirteen analysts that are covering the company, Marketbeat Ratings reports. Three research analysts have rated the stock with a sell recommendation, nine have assigned a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price objective among analysts that have covered the stock in the last year is $142.51.
Several analysts have recently weighed in on WHR shares. Raymond James reduced their price objective on shares of Whirlpool from $160.00 to $140.00 and set an “outperform” rating for the company in a research report on Thursday, October 18th. Credit Suisse Group set a $125.00 price objective on shares of Whirlpool and gave the stock a “buy” rating in a research report on Wednesday, October 17th. Zacks Investment Research downgraded shares of Whirlpool from a “hold” rating to a “sell” rating in a research report on Saturday, October 13th. Cleveland Research restated a “hold” rating on shares of Whirlpool in a research report on Wednesday, October 10th. Finally, Royal Bank of Canada set a $111.00 price target on shares of Whirlpool and gave the company a “hold” rating in a research report on Friday, October 26th.
NYSE WHR traded down $0.22 on Thursday, hitting $134.09. 544,437 shares of the stock were exchanged, compared to its average volume of 1,109,131. The company has a quick ratio of 0.55, a current ratio of 0.82 and a debt-to-equity ratio of 1.26. Whirlpool has a fifty-two week low of $99.40 and a fifty-two week high of $180.00. The stock has a market capitalization of $8.64 billion, a PE ratio of 8.84, a price-to-earnings-growth ratio of 1.92 and a beta of 1.63.
Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Monday, January 28th. The company reported $4.75 EPS for the quarter, topping the consensus estimate of $4.30 by $0.45. The company had revenue of $5.66 billion during the quarter, compared to analysts’ expectations of $5.76 billion. Whirlpool had a negative net margin of 0.87% and a positive return on equity of 27.24%. The firm’s revenue was down .7% on a year-over-year basis. During the same quarter in the previous year, the business posted $4.10 EPS. On average, equities research analysts expect that Whirlpool will post 14.66 earnings per share for the current fiscal year.
In other Whirlpool news, Director Michael F. Johnston sold 2,845 shares of the business’s stock in a transaction on Friday, February 1st. The shares were sold at an average price of $133.54, for a total value of $379,921.30. Following the transaction, the director now directly owns 6,550 shares of the company’s stock, valued at approximately $874,687. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 2.83% of the company’s stock.
Several large investors have recently bought and sold shares of WHR. Oregon Public Employees Retirement Fund grew its stake in shares of Whirlpool by 9,212.2% during the 4th quarter. Oregon Public Employees Retirement Fund now owns 3,303,672 shares of the company’s stock worth $31,000 after purchasing an additional 3,268,195 shares during the period. Primecap Management Co. CA grew its stake in shares of Whirlpool by 36.1% during the 3rd quarter. Primecap Management Co. CA now owns 7,650,140 shares of the company’s stock worth $908,454,000 after purchasing an additional 2,030,902 shares during the period. LSV Asset Management grew its stake in Whirlpool by 15.2% in the 3rd quarter. LSV Asset Management now owns 2,187,560 shares of the company’s stock valued at $259,772,000 after acquiring an additional 288,480 shares during the last quarter. Ceredex Value Advisors LLC acquired a new stake in Whirlpool in the 3rd quarter valued at about $28,922,000. Finally, Manitou Investment Management Ltd. acquired a new stake in Whirlpool in the 3rd quarter valued at about $25,515,000. 92.06% of the stock is currently owned by institutional investors and hedge funds.
Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other small domestic appliances.
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