Whirlpool (NYSE:WHR) had its price target boosted by research analysts at Royal Bank of Canada to $200.00 in a report issued on Monday, The Fly reports. The firm currently has an “in-line” rating on the stock. Royal Bank of Canada’s price objective points to a potential upside of 9.70% from the company’s current price.
Several other equities research analysts also recently issued reports on the stock. Credit Suisse Group set a $187.00 price target on shares of Whirlpool and gave the stock a “neutral” rating in a research note on Tuesday, October 24th. ValuEngine raised shares of Whirlpool from a “hold” rating to a “buy” rating in a research note on Tuesday, December 5th. Raymond James Financial raised shares of Whirlpool from a “market perform” rating to an “outperform” rating and set a $200.00 price target on the stock in a research note on Friday. Zacks Investment Research raised shares of Whirlpool from a “sell” rating to a “hold” rating in a research note on Thursday. Finally, UBS Group raised shares of Whirlpool from a “market perform” rating to an “outperform” rating in a research report on Friday. Six investment analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. Whirlpool currently has a consensus rating of “Hold” and an average target price of $189.40.
Shares of Whirlpool (WHR) traded down $3.66 during mid-day trading on Monday, hitting $182.31. 303,979 shares of the stock were exchanged, compared to its average volume of 1,101,891. Whirlpool has a fifty-two week low of $158.80 and a fifty-two week high of $202.99. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.58 and a current ratio of 0.94. The stock has a market cap of $13,203.87, a P/E ratio of 40.10, a PEG ratio of 1.00 and a beta of 1.88.
Whirlpool (NYSE:WHR) last issued its earnings results on Wednesday, January 24th. The company reported $4.10 EPS for the quarter, beating the Zacks’ consensus estimate of $4.01 by $0.09. Whirlpool had a net margin of 1.65% and a return on equity of 18.36%. The business had revenue of $5.70 billion for the quarter, compared to the consensus estimate of $5.88 billion. During the same quarter last year, the firm posted $4.33 EPS. The business’s revenue for the quarter was up .8% compared to the same quarter last year. equities analysts forecast that Whirlpool will post 15.29 earnings per share for the current fiscal year.
Several institutional investors and hedge funds have recently added to or reduced their stakes in WHR. Sun Life Financial INC grew its position in Whirlpool by 7,628.6% in the second quarter. Sun Life Financial INC now owns 541 shares of the company’s stock worth $104,000 after acquiring an additional 534 shares in the last quarter. Cerebellum GP LLC bought a new stake in Whirlpool during the 4th quarter worth about $128,000. Valeo Financial Advisors LLC bought a new stake in Whirlpool during the 3rd quarter worth about $129,000. Westwood Holdings Group Inc. bought a new stake in Whirlpool during the 2nd quarter worth about $153,000. Finally, BKS Advisors LLC bought a new stake in Whirlpool during the 3rd quarter worth about $217,000. 92.69% of the stock is owned by institutional investors.
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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.