Whirlpool (NYSE:WHR) Sets New 52-Week Low – Should You Sell?

Shares of Whirlpool Corporation (NYSE:WHR) reached a new 52-week low on Wednesday . The company traded as low as $36.06 and last traded at $36.39, with a volume of 2464017 shares. The stock had previously closed at $36.57.

Wall Street Analyst Weigh In

Several equities analysts have recently issued reports on WHR shares. Royal Bank Of Canada cut their price target on Whirlpool from $32.00 to $30.00 and set an “underperform” rating on the stock in a research note on Tuesday, June 16th. Zacks Research cut Whirlpool from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 10th. Raymond James Financial reissued a “market perform” rating on shares of Whirlpool in a report on Monday, March 16th. Citigroup reduced their target price on shares of Whirlpool from $60.00 to $50.00 and set a “neutral” rating on the stock in a research note on Monday, May 11th. Finally, Wall Street Zen cut shares of Whirlpool from a “hold” rating to a “strong sell” rating in a research report on Saturday, May 9th. Two analysts have rated the stock with a Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat.com, Whirlpool has an average rating of “Reduce” and a consensus price target of $67.11.

Whirlpool Stock Down 0.5%

The firm’s 50-day simple moving average is $45.89 and its 200 day simple moving average is $63.11. 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 company has a market cap of $2.36 billion, a P/E ratio of 12.38, a PEG ratio of 14.44 and a beta of 1.15.

Whirlpool (NYSE:WHR) last posted its quarterly 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). Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The company had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.44 billion. During the same quarter in the prior year, the business earned $1.70 earnings per share. The firm’s revenue for the quarter was down 9.6% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. On average, research analysts forecast that Whirlpool Corporation will post 2.53 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Whirlpool

Several institutional investors have recently modified their holdings of WHR. Flagship Harbor Advisors LLC bought a new stake in shares of Whirlpool in the 4th quarter valued at about $25,000. Northwestern Mutual Wealth Management Co. increased its stake in Whirlpool by 172.0% in the fourth 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 Whirlpool in the fourth quarter worth $35,000. EverSource Wealth Advisors LLC boosted its position in shares of Whirlpool by 129.2% during the second 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. Finally, SBI Securities Co. Ltd. grew its holdings in shares of Whirlpool by 113.4% in the 4th quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock valued at $38,000 after buying an additional 280 shares during the period. 90.78% of the stock is currently owned by institutional investors and hedge funds.

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.