Whirlpool (NYSE:WHR) was upgraded by ValuEngine from a “hold” rating to a “buy” rating in a research note issued to investors on Tuesday.

Other equities analysts have also recently issued research reports about the company. Credit Suisse Group set a $187.00 target price on Whirlpool and gave the stock a “neutral” rating in a report on Tuesday, October 24th. Zacks Investment Research upgraded Whirlpool from a “sell” rating to a “hold” rating in a report on Thursday, October 5th. Royal Bank Of Canada cut Whirlpool from a “top pick” rating to a “sector perform” rating and cut their price objective for the company from $209.00 to $184.00 in a report on Tuesday, October 24th. Bank of America cut Whirlpool from a “buy” rating to a “neutral” rating and set a $183.00 price objective on the stock. in a report on Tuesday, October 24th. Finally, MKM Partners set a $177.00 price objective on Whirlpool and gave the company a “hold” rating in a report on Friday, October 6th. One equities research analyst has rated the stock with a sell rating, six have given a hold rating and one has issued a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average target price of $183.60.

Shares of Whirlpool (NYSE WHR) traded down $0.51 on Tuesday, reaching $169.12. The company’s stock had a trading volume of 693,498 shares, compared to its average volume of 852,214. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.55 and a current ratio of 0.90. Whirlpool has a 12-month low of $158.80 and a 12-month high of $202.99. The company has a market capitalization of $12,170.00, a PE ratio of 11.96, a P/E/G ratio of 1.69 and a beta of 1.87.

Whirlpool (NYSE:WHR) last issued its earnings results on Monday, October 23rd. The company reported $3.83 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $3.90 by ($0.07). Whirlpool had a return on equity of 18.45% and a net margin of 3.76%. The company had revenue of $5.42 billion for the quarter, compared to the consensus estimate of $5.50 billion. During the same quarter last year, the business posted $3.66 EPS. Whirlpool’s quarterly revenue was up 3.2% on a year-over-year basis. equities analysts expect that Whirlpool will post 13.7 earnings per share for the current fiscal year.

Large investors have recently added to or reduced their stakes in the company. Dupont Capital Management Corp acquired a new stake in Whirlpool in the 2nd quarter valued at approximately $100,000. Sun Life Financial INC raised its position in Whirlpool by 7,628.6% in the 2nd quarter. Sun Life Financial INC now owns 541 shares of the company’s stock valued at $104,000 after buying an additional 534 shares during the last quarter. IFP Advisors Inc raised its position in Whirlpool by 6.2% in the 1st quarter. IFP Advisors Inc now owns 619 shares of the company’s stock valued at $112,000 after buying an additional 36 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its position in Whirlpool by 26.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 644 shares of the company’s stock valued at $123,000 after buying an additional 135 shares during the last quarter. Finally, FineMark National Bank & Trust raised its position in Whirlpool by 65.8% in the 2nd quarter. FineMark National Bank & Trust now owns 645 shares of the company’s stock valued at $108,000 after buying an additional 256 shares during the last quarter. Institutional investors and hedge funds own 92.74% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: This piece of content was first posted by American Banking News and is owned by of American Banking News. If you are accessing this piece of content on another publication, it was illegally copied and reposted in violation of United States & international copyright & trademark law. The correct version of this piece of content can be viewed at https://www.americanbankingnews.com/2017/12/05/whirlpool-whr-lifted-to-buy-at-valuengine.html.

Whirlpool Company Profile

Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.

To view ValuEngine’s full report, visit ValuEngine’s official website.

Analyst Recommendations for Whirlpool (NYSE:WHR)

Receive News & Ratings for Whirlpool Co. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool Co. and related companies with MarketBeat.com's FREE daily email newsletter.