Whirlpool Corporation (NYSE:WHR) Receives $46.62 Consensus Price Target from Analysts

Whirlpool Corporation (NYSE:WHR) has been given an average rating of “Reduce” by the eleven research firms that are covering the company, MarketBeat.com reports. Three equities research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and one has given a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $46.8750.

WHR has been the topic of a number of recent research reports. Zacks Research upgraded Whirlpool from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 6th. Bank of America lowered their price target on shares of Whirlpool from $43.00 to $36.00 and set an “underperform” rating for the company in a research report on Monday, June 22nd. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Whirlpool in a report on Wednesday, August 5th. Wall Street Zen upgraded shares of Whirlpool from a “strong sell” rating to a “sell” rating in a research report on Saturday. Finally, JPMorgan Chase & Co. cut their price objective on shares of Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a research report on Monday, May 11th.

Whirlpool Stock Performance

Shares of WHR stock opened at $42.11 on Tuesday. The company has a market cap of $2.75 billion, a P/E ratio of 14.42, a PEG ratio of 19.24 and a beta of 1.16. The business has a 50 day moving average of $39.28 and a two-hundred day moving average of $53.85. Whirlpool has a 52 week low of $35.45 and a 52 week high of $96.57. The company has a quick ratio of 0.71, a current ratio of 1.15 and a debt-to-equity ratio of 1.74.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Monday, August 3rd. The company reported ($0.21) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.15). Whirlpool had a return on equity of 4.18% and a net margin of 1.17%.The company had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.55 billion. During the same quarter in the previous year, the company posted $1.34 earnings per share. The firm’s revenue for the quarter was down 6.8% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. As a group, analysts anticipate that Whirlpool will post 2.25 EPS for the current year.

Institutional Investors Weigh In On Whirlpool

A number of hedge funds have recently made changes to their positions in the business. Flagship Harbor Advisors LLC bought a new position in Whirlpool in the 4th quarter worth approximately $25,000. Kelleher Financial Advisors bought a new stake in Whirlpool during the 2nd quarter valued at $28,000. Northwestern Mutual Wealth Management Co. boosted its position in 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 acquiring an additional 246 shares during the period. Garton & Associates Financial Advisors LLC acquired a new position in Whirlpool during the 4th quarter worth $35,000. Finally, EverSource Wealth Advisors LLC grew its stake in shares of Whirlpool by 129.2% in 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. Institutional investors own 90.78% of the company’s stock.

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.