Whirlpool Corporation (NYSE:WHR) Receives $98.83 Consensus PT from Brokerages

Shares of Whirlpool Corporation (NYSE:WHR) have received an average rating of “Hold” from the six research firms that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a sell recommendation, two have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1 year target price among brokerages that have covered the stock in the last year is $98.8333.

A number of equities research analysts have issued reports on the company. Loop Capital restated a “hold” rating and set a $88.00 price target on shares of Whirlpool in a research note on Monday, August 4th. Wall Street Zen downgraded Whirlpool from a “hold” rating to a “sell” rating in a research note on Saturday, July 26th. Longbow Research upgraded Whirlpool from a “neutral” rating to a “buy” rating and set a $145.00 price target for the company in a research note on Monday, June 30th. Royal Bank Of Canada cut their price target on Whirlpool from $65.00 to $63.00 and set an “underperform” rating for the company in a research note on Wednesday, July 30th. Finally, Bank of America restated an “underperform” rating and set a $70.00 price target (down from $100.00) on shares of Whirlpool in a research note on Tuesday, July 29th.

Institutional Inflows and Outflows

Hedge funds have recently made changes to their positions in the stock. Cheviot Value Management LLC bought a new position in shares of Whirlpool during the 1st quarter valued at approximately $36,000. EverSource Wealth Advisors LLC lifted its holdings in Whirlpool by 129.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after purchasing an additional 208 shares in the last quarter. Ransom Advisory Ltd purchased a new position in Whirlpool in the 1st quarter worth approximately $38,000. UMB Bank n.a. lifted its holdings in Whirlpool by 40.4% in the 1st quarter. UMB Bank n.a. now owns 448 shares of the company’s stock worth $40,000 after purchasing an additional 129 shares in the last quarter. Finally, Manitou Investment Management Ltd. purchased a new position in Whirlpool in the 1st quarter worth approximately $50,000. 90.78% of the stock is currently owned by institutional investors.

Whirlpool Price Performance

Shares of NYSE:WHR opened at $89.93 on Friday. Whirlpool has a fifty-two week low of $73.72 and a fifty-two week high of $135.49. The business has a 50-day simple moving average of $92.75 and a two-hundred day simple moving average of $88.84. The company has a debt-to-equity ratio of 2.39, a quick ratio of 0.46 and a current ratio of 0.85. The firm has a market cap of $5.03 billion, a price-to-earnings ratio of -33.94 and a beta of 1.16.

Whirlpool (NYSE:WHR) last issued its earnings results on Monday, July 28th. The company reported $1.34 earnings per share for the quarter, missing analysts’ consensus estimates of $1.54 by ($0.20). Whirlpool had a positive return on equity of 20.81% and a negative net margin of 0.95%.The business had revenue of $3.77 billion during the quarter, compared to analysts’ expectations of $3.88 billion. During the same period last year, the firm posted $2.39 EPS. Whirlpool’s quarterly revenue was down 5.4% compared to the same quarter last year. Whirlpool has set its FY 2025 guidance at 6.000-8.000 EPS. On average, analysts expect that Whirlpool will post 9.52 earnings per share for the current year.

Whirlpool Cuts Dividend

The business also recently disclosed a quarterly dividend, which was paid on Monday, September 15th. Investors of record on Friday, August 29th were paid a dividend of $0.90 per share. The ex-dividend date was Friday, August 29th. This represents a $3.60 dividend on an annualized basis and a dividend yield of 4.0%. Whirlpool’s payout ratio is -135.85%.

About Whirlpool

Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.