Whirlpool (NYSE:WHR) Reaches New 12-Month Low – Should You Sell?

Whirlpool Corporation (NYSE:WHR) shares reached a new 52-week low during trading on Thursday . The stock traded as low as $35.34 and last traded at $35.6450, with a volume of 169194 shares changing hands. The stock had previously closed at $36.83.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on WHR shares. Wall Street Zen upgraded Whirlpool from a “strong sell” rating to a “sell” rating in a research report on Saturday, August 8th. Bank of America cut their price objective on shares of Whirlpool from $43.00 to $36.00 and set an “underperform” rating on the stock in a research note on Monday, June 22nd. Citigroup reaffirmed a “neutral” rating on shares of Whirlpool in a report on Thursday, August 6th. Stifel Nicolaus decreased their target price on shares of Whirlpool from $45.00 to $37.00 and set a “hold” rating for the company in a research report on Thursday, July 23rd. Finally, Mizuho lowered their target price on shares of Whirlpool from $45.00 to $40.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 21st. One research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Reduce” and a consensus price target of $46.33.

Whirlpool Trading Down 2.0%

The business has a 50 day simple moving average of $39.50 and a 200-day simple moving average of $46.74. The company has a debt-to-equity ratio of 1.74, a quick ratio of 0.71 and a current ratio of 1.15. The stock has a market capitalization of $2.35 billion, a P/E ratio of 12.34, a price-to-earnings-growth ratio of 16.72 and a beta of 1.18.

Whirlpool (NYSE:WHR) last issued its quarterly 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 for 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 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. On average, analysts predict that Whirlpool Corporation will post 2.25 EPS for the current year.

Institutional Investors Weigh In On Whirlpool

Hedge funds and other institutional investors have recently bought and sold shares of the business. Sequoia Financial Advisors LLC bought a new position in shares of Whirlpool during the 2nd quarter valued at about $342,000. IPG Investment Advisors LLC raised its holdings in shares of Whirlpool by 46.1% in the 2nd quarter. IPG Investment Advisors LLC now owns 98,935 shares of the company’s stock worth $3,900,000 after purchasing an additional 31,200 shares in the last quarter. WINTON GROUP Ltd acquired a new stake in Whirlpool during the second quarter valued at approximately $583,000. Engineers Gate Manager LP acquired a new stake in Whirlpool during the second quarter valued at approximately $1,320,000. Finally, Integrated Wealth Concepts LLC bought a new stake in Whirlpool during the second quarter worth approximately $270,000. 90.78% of the stock is currently owned by institutional investors.

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.