Whirlpool (NYSE:WHR) Stock Price Down 5.5% – Time to Sell?

Shares of Whirlpool Corporation (NYSE:WHRGet Free Report) dropped 5.5% during mid-day trading on Tuesday . The stock traded as low as $38.28 and last traded at $38.6010. Approximately 751,877 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 2,587,435 shares. The stock had previously closed at $40.84.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on WHR shares. Wells Fargo & Company started coverage on shares of Whirlpool in a research note on Monday, August 24th. They set an “equal weight” rating and a $42.00 price objective for the company. Wall Street Zen upgraded Whirlpool from a “strong sell” rating to a “sell” rating in a report on Saturday, August 8th. Weiss Ratings reissued a “sell (d)” rating on shares of Whirlpool in a research report on Wednesday, August 5th. Zacks Research raised Whirlpool from a “strong sell” rating to a “hold” rating in a research report on Thursday, August 6th. Finally, BNP Paribas Exane started coverage on Whirlpool in a research note on Monday, July 13th. They set a “neutral” rating and a $43.00 price objective on the stock. One research analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus price target of $46.33.

Get Our Latest Stock Report on WHR

Whirlpool Stock Up 2.6%

The company has a market capitalization of $2.54 billion, a price-to-earnings ratio of 13.33, a price-to-earnings-growth ratio of 16.86 and a beta of 1.18. The firm’s 50 day moving average price is $39.55 and its two-hundred day moving average price is $48.46. The company has a current ratio of 1.15, a quick ratio of 0.71 and a debt-to-equity ratio of 1.74.

Whirlpool (NYSE:WHRGet Free Report) last issued its earnings results on Monday, August 3rd. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.15). Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The firm had revenue of $3.52 billion during the quarter, compared to analyst estimates of $3.55 billion. During the same quarter last year, the business posted $1.34 earnings per share. The company’s revenue for the quarter was down 6.8% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. Sell-side analysts anticipate that Whirlpool Corporation will post 2.25 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the business. Kelleher Financial Advisors acquired a new stake in Whirlpool during the 2nd quarter valued at $28,000. Northwestern Mutual Wealth Management Co. lifted its stake in shares of Whirlpool by 172.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock worth $28,000 after buying an additional 246 shares during the last quarter. Silvant Capital Management LLC acquired a new stake in shares of Whirlpool during the 2nd quarter worth about $29,000. Garton & Associates Financial Advisors LLC bought a new stake in shares of Whirlpool during the 4th quarter worth about $35,000. Finally, EverSource Wealth Advisors LLC grew its stake in 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 buying an additional 208 shares during the last quarter. 90.78% of the stock is owned by institutional investors and hedge funds.

Whirlpool Company Profile

(Get Free Report)

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.

Further Reading

Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.