Whirlpool (NYSE:WHR) Hits New 1-Year Low Following Analyst Downgrade

Whirlpool Corporation (NYSE:WHR)’s share price reached a new 52-week low on Thursday after Stifel Nicolaus lowered their price target on the stock from $45.00 to $37.00. Stifel Nicolaus currently has a hold rating on the stock. Whirlpool traded as low as $35.89 and last traded at $36.21, with a volume of 125514 shares traded. The stock had previously closed at $37.14.

Several other equities research analysts have also recently commented on WHR. Citigroup cut their price target on Whirlpool from $50.00 to $42.00 and set a “neutral” rating for the company in a research note on Tuesday, July 14th. Wall Street Zen raised shares of Whirlpool from a “strong sell” rating to a “sell” rating in a research note on Saturday, June 27th. Royal Bank Of Canada cut their price objective on shares of Whirlpool from $32.00 to $30.00 and set an “underperform” rating for the company in a research report on Tuesday, June 16th. Bank of America lowered their target price on shares of Whirlpool from $43.00 to $36.00 and set an “underperform” rating on the stock in a report on Monday, June 22nd. Finally, Weiss Ratings lowered shares of Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research note on Friday, May 8th. One investment analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $51.22.

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of the business. Flagship Harbor Advisors LLC purchased a new stake in shares of Whirlpool during the 4th quarter worth $25,000. EverSource Wealth Advisors LLC increased its holdings in shares of Whirlpool by 129.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock valued at $37,000 after purchasing an additional 208 shares in the last quarter. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Whirlpool by 172.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock valued at $28,000 after purchasing an additional 246 shares in the last quarter. Garton & Associates Financial Advisors LLC acquired a new stake in shares of Whirlpool in the fourth quarter valued at about $35,000. Finally, SBI Securities Co. Ltd. boosted its holdings in Whirlpool by 113.4% during the fourth quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock worth $38,000 after buying an additional 280 shares in the last quarter. Hedge funds and other institutional investors own 90.78% of the company’s stock.

Whirlpool Trading Down 3.0%

The company has a quick ratio of 0.48, a current ratio of 0.88 and a debt-to-equity ratio of 1.48. The business’s fifty day moving average is $39.87 and its 200 day moving average is $57.73. The stock has a market cap of $2.33 billion, a PE ratio of 12.25, a P/E/G ratio of 31.55 and a beta of 1.16.

Whirlpool (NYSE:WHR) last issued its earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.99). Whirlpool had a net margin of 1.08% and a return on equity of 7.68%. The company had revenue of $3.27 billion during the quarter, compared to analysts’ expectations of $3.44 billion. During the same period last year, the business posted $1.70 earnings per share. The company’s quarterly revenue was down 9.6% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. As a group, analysts predict that Whirlpool Corporation will post 1.15 earnings per share for the current year.

About Whirlpool

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.