Whirlpool Co. (NYSE:WHR) has been assigned a consensus rating of “Hold” from the twelve brokerages that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is $156.86.
A number of analysts have commented on the stock. Buckingham Research set a $150.00 price target on shares of Whirlpool and gave the company a “hold” rating in a research report on Tuesday, October 15th. JPMorgan Chase & Co. raised shares of Whirlpool from a “neutral” rating to an “overweight” rating and upped their price target for the company from $155.00 to $172.00 in a research report on Thursday, September 26th. Goldman Sachs Group assumed coverage on shares of Whirlpool in a research report on Friday, December 6th. They set a “buy” rating and a $165.00 price target on the stock. ValuEngine raised shares of Whirlpool from a “strong sell” rating to a “sell” rating in a research report on Thursday, October 24th. Finally, Royal Bank of Canada reiterated a “sell” rating and set a $129.00 price objective on shares of Whirlpool in a report on Wednesday, December 18th.
In other news, Director Gary T. Dicamillo sold 833 shares of the company’s stock in a transaction dated Friday, November 1st. The shares were sold at an average price of $153.41, for a total transaction of $127,790.53. Following the transaction, the director now owns 6,667 shares in the company, valued at $1,022,784.47. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. 0.91% of the stock is currently owned by corporate insiders.
Hedge funds and other institutional investors have recently made changes to their positions in the company. B & T Capital Management DBA Alpha Capital Management acquired a new stake in shares of Whirlpool in the 3rd quarter worth about $34,000. Doyle Wealth Management acquired a new stake in shares of Whirlpool in the 2nd quarter worth about $35,000. Massey Quick Simon & CO. LLC acquired a new stake in shares of Whirlpool in the 3rd quarter worth about $48,000. CSat Investment Advisory L.P. raised its holdings in shares of Whirlpool by 36.5% in the 2nd quarter. CSat Investment Advisory L.P. now owns 329 shares of the company’s stock worth $47,000 after acquiring an additional 88 shares during the last quarter. Finally, North Star Investment Management Corp. acquired a new stake in shares of Whirlpool in the 3rd quarter worth about $55,000. Hedge funds and other institutional investors own 95.09% of the company’s stock.
WHR traded up $0.67 during trading on Thursday, reaching $154.60. 19,184 shares of the stock traded hands, compared to its average volume of 563,258. The company has a quick ratio of 0.53, a current ratio of 0.87 and a debt-to-equity ratio of 1.20. The stock has a market capitalization of $9.68 billion, a PE ratio of 10.19, a P/E/G ratio of 2.32 and a beta of 1.74. The stock’s 50-day moving average is $146.92 and its 200 day moving average is $147.17. Whirlpool has a 12 month low of $114.00 and a 12 month high of $163.64.
Whirlpool (NYSE:WHR) last issued its quarterly earnings results on Tuesday, October 22nd. The company reported $3.97 EPS for the quarter, beating the Zacks’ consensus estimate of $3.90 by $0.07. The business had revenue of $5.10 billion for the quarter, compared to analysts’ expectations of $5.14 billion. Whirlpool had a net margin of 5.15% and a return on equity of 28.06%. The business’s quarterly revenue was down 4.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $4.55 earnings per share. As a group, equities research analysts anticipate that Whirlpool will post 15.42 EPS for the current year.
Whirlpool Company Profile
Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking appliances and other small domestic appliances; and dishwasher appliances and related accessories.
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