Whirlpool Corp. Receives “Buy” Rating from Raymond James (WHR)
Whirlpool Corp. (NYSE:WHR)‘s stock had its “buy” rating reaffirmed by equities researchers at Raymond James in a research report issued on Thursday, AnalystRatingsNetwork.com reports. They currently have a $150.00 price objective on the stock. Raymond James’ price target indicates a potential upside of 1.86% from the company’s current price.
Shares of Whirlpool Corp. (NYSE:WHR) traded up 1.98% on Thursday, hitting $147.26. The stock had a trading volume of 1,090,023 shares. Whirlpool Corp. has a 52 week low of $80.61 and a 52 week high of $138.33. The stock has a 50-day moving average of $133.0 and a 200-day moving average of $123.3. The company has a market cap of $11.673 billion and a price-to-earnings ratio of 17.95.
Whirlpool Corp. (NYSE:WHR) last issued its quarterly earnings data on Tuesday, October 22nd. The company reported $2.72 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.61 by $0.11. The company had revenue of $4.68 billion for the quarter, compared to the consensus estimate of $4.74 billion. During the same quarter in the prior year, the company posted $1.80 earnings per share. The company’s quarterly revenue was up 4.2% on a year-over-year basis.
The company also recently announced a quarterly dividend, which is scheduled for Sunday, December 15th. Stockholders of record on Friday, November 15th will be paid a dividend of $0.63 per share. This represents a $2.50 annualized dividend and a dividend yield of 1.70%. The ex-dividend date is Wednesday, November 13th.
WHR has been the subject of a number of other recent research reports. Analysts at JPMorgan Chase & Co. raised their price target on shares of Whirlpool Corp. from $151.00 to $152.00 in a research note to investors on Thursday. They now have a “neutral” rating on the stock. Separately, analysts at Ned Davis Research downgraded shares of Whirlpool Corp. from a “buy” rating to a “neutral” rating in a research note to investors on Monday. Finally, analysts at Longbow Research reiterated a “buy” rating on shares of Whirlpool Corp. in a research note to investors on Monday, October 14th. They now have a $187.00 price target on the stock. Four investment analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. The stock presently has a consensus rating of “Buy” and an average target price of $150.29.
Whirlpool Corporation (NYSE:WHR) is a manufacturer and marketer of home appliances.
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