Whirlpool (NYSE:WHR) Hits New 1-Year Low – Here’s Why

Whirlpool Corporation (NYSE:WHR)’s share price reached a new 52-week low on Wednesday . The company traded as low as $36.01 and last traded at $36.6650, with a volume of 378971 shares changing hands. The stock had previously closed at $37.12.

Wall Street Analysts Forecast Growth

WHR has been the topic of several recent research reports. Weiss Ratings downgraded Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, May 8th. JPMorgan Chase & Co. decreased their price objective on Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Stifel Nicolaus set a $55.00 target price on Whirlpool in a research note on Monday, May 4th. Wall Street Zen raised Whirlpool from a “strong sell” rating to a “sell” rating in a report on Saturday, June 27th. Finally, BNP Paribas Exane upgraded Whirlpool to a “neutral” rating in a research report on Monday, March 16th. One investment analyst has rated the stock with a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus price target of $57.38.

Whirlpool Price Performance

The firm has a market capitalization of $2.36 billion, a P/E ratio of 12.38, a price-to-earnings-growth ratio of 21.99 and a beta of 1.16. 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 business has a 50 day simple moving average of $42.41 and a two-hundred day simple moving average of $60.39.

Whirlpool (NYSE:WHR) last announced its earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.43 by ($0.99). The company had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.44 billion. Whirlpool had a net margin of 1.08% and a return on equity of 7.68%. The company’s revenue for the quarter was down 9.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.70 earnings per share. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. On average, sell-side analysts expect that Whirlpool Corporation will post 1.73 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of the stock. Thrivent Financial for Lutherans boosted its holdings in Whirlpool by 0.8% during the 2nd quarter. Thrivent Financial for Lutherans now owns 13,194 shares of the company’s stock valued at $1,338,000 after acquiring an additional 109 shares during the period. Old North State Wealth Management LLC raised its holdings in Whirlpool by 5.2% during the 4th quarter. Old North State Wealth Management LLC now owns 2,889 shares of the company’s stock valued at $209,000 after buying an additional 143 shares during the last quarter. Hotchkis & Wiley Capital Management LLC boosted its position in Whirlpool by 0.3% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 52,944 shares of the company’s stock valued at $4,161,000 after buying an additional 144 shares during the period. Gamco Investors INC. ET AL boosted its position in Whirlpool by 3.0% during the 2nd quarter. Gamco Investors INC. ET AL now owns 5,150 shares of the company’s stock valued at $522,000 after buying an additional 150 shares during the period. Finally, Abel Hall LLC grew its holdings in Whirlpool by 1.4% in the 3rd quarter. Abel Hall LLC now owns 12,044 shares of the company’s stock worth $947,000 after acquiring an additional 162 shares during the last quarter. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool Company Profile

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.