Whirlpool Corp. Stock Rating Upgraded by McLean Capital Management (WHR)
Whirlpool Corp. (NYSE:WHR) was upgraded by equities researchers at McLean Capital Management from a “sell” rating to a “neutral” rating in a research report issued on Friday, Stock Ratings Network reports.
Shares of Whirlpool Corp. (NYSE:WHR) traded down 1.10% on Friday, hitting $145.64. The stock had a trading volume of 504,991 shares. Whirlpool Corp. has a 52 week low of $80.61 and a 52 week high of $138.33. The stock’s 50-day moving average is $133.0 and its 200-day moving average is $123.3. The company has a market cap of $11.545 billion and a price-to-earnings ratio of 18.31.
Whirlpool Corp. (NYSE:WHR) last announced its earnings results 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 previous year, the company posted $1.80 earnings per share. The company’s revenue for the quarter 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. Shareholders 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.
Other equities research analysts have also recently issued reports about the stock. Analysts at Raymond James reiterated a “buy” rating on shares of Whirlpool Corp. in a research note to investors on Thursday. They now have a $150.00 price target on the stock. Separately, 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. Finally, 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. Five equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The company has a consensus rating of “Buy” and a consensus price target of $157.00.
Whirlpool Corporation (NYSE:WHR) is a manufacturer and marketer of home appliances.
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