Whirlpool Receives Average Recommendation of “Buy” from Analysts (NYSE:WHR)
Shares of Whirlpool (NYSE:WHR) have received a consensus recommendation of “Buy” from the eight ratings firms that are presently covering the company, Analyst Ratings Net reports. Four research analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average 1-year price target among analysts that have issued a report on the stock in the last year is $167.67.
A number of research firms have recently commented on WHR. Analysts at Zacks reiterated a “neutral” rating on shares of Whirlpool in a research note on Wednesday. They now have a $151.00 price target on the stock. Separately, analysts at Sterne Agee initiated coverage on shares of Whirlpool in a research note on Wednesday, June 4th. They set a “buy” rating on the stock. Finally, analysts at Longbow Research downgraded shares of Whirlpool from a “buy” rating to a “neutral” rating in a research note on Tuesday, May 13th. They now have a $187.00 price target on the stock.
Whirlpool (NYSE:WHR) traded down 1.72% during mid-day trading on Thursday, hitting $143.29. 314,262 shares of the company’s stock traded hands. Whirlpool has a 52 week low of $124.39 and a 52 week high of $160.01. The stock’s 50-day moving average is $141.6 and its 200-day moving average is $144.2. The company has a market cap of $11.175 billion and a P/E ratio of 16.29.
Whirlpool (NYSE:WHR) last issued its quarterly earnings data on Wednesday, July 23rd. The company reported $2.62 earnings per share for the quarter, missing the analysts’ consensus estimate of $2.92 by $0.30. The company had revenue of $4.70 billion for the quarter, compared to the consensus estimate of $4.85 billion. During the same quarter last year, the company posted $2.37 earnings per share. Whirlpool’s revenue was up 2.4% compared to the same quarter last year. Analysts expect that Whirlpool will post $11.55 EPS for the current fiscal year.
Whirlpool Corporation (NYSE:WHR) is a manufacturer and marketer of home appliances.
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