Whirlpool (NYSE:WHR) Reaches New 12-Month Low – Here’s Why

Whirlpool Corporation (NYSE:WHR)’s share price reached a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $36.06 and last traded at $36.39, with a volume of 2464017 shares. The stock had previously closed at $36.57.

Analysts Set New Price Targets

Several equities research analysts have recently commented on the stock. Stifel Nicolaus set a $55.00 target price on shares of Whirlpool in a research note on Monday, May 4th. BNP Paribas Exane upgraded shares of Whirlpool to a “neutral” rating in a research report on Monday, March 16th. Raymond James Financial reissued a “market perform” rating on shares of Whirlpool in a report on Monday, March 16th. Royal Bank Of Canada reduced their price target on shares of Whirlpool from $32.00 to $30.00 and set an “underperform” rating on the stock in a research report on Tuesday, June 16th. Finally, Weiss Ratings cut shares of Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research note on Friday, May 8th. Two research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and four have given a Sell rating to the stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $67.11.

Whirlpool Trading Down 0.5%

The business has a 50 day simple moving average of $45.89 and a 200 day simple moving average of $63.11. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.88 and a quick ratio of 0.48. The company has a market cap of $2.36 billion, a price-to-earnings ratio of 12.38, a price-to-earnings-growth ratio of 14.44 and a beta of 1.15.

Whirlpool (NYSE:WHR) last announced its earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by ($0.99). Whirlpool had a net margin of 1.08% and a return on equity of 7.68%. The business had revenue of $3.27 billion during the quarter, compared to analyst estimates of $3.44 billion. During the same quarter last year, the business posted $1.70 earnings per share. The business’s quarterly revenue was down 9.6% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. As a group, equities analysts forecast that Whirlpool Corporation will post 2.53 EPS for the current year.

Hedge Funds Weigh In On Whirlpool

A number of institutional investors have recently modified their holdings of WHR. Flagship Harbor Advisors LLC bought a new stake in shares of Whirlpool during the fourth quarter valued at approximately $25,000. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Whirlpool by 172.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock valued at $28,000 after purchasing an additional 246 shares in the last quarter. Garton & Associates Financial Advisors LLC bought a new position in Whirlpool in the 4th quarter worth approximately $35,000. EverSource Wealth Advisors LLC raised its position in Whirlpool by 129.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after purchasing an additional 208 shares during the last quarter. Finally, SBI Securities Co. Ltd. lifted its holdings in Whirlpool by 113.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock worth $38,000 after buying an additional 280 shares in the last quarter. 90.78% of the stock is owned by institutional investors.

About Whirlpool

Whirlpool Corporation is a leading global manufacturer and marketer of home appliances, with a product portfolio that spans major categories such as laundry, refrigeration, cooking, dishwashing and small electrics. Headquartered in Benton Harbor, Michigan, the company designs, produces and distributes its appliances through a network of wholly owned manufacturing facilities, joint ventures and third-party partners. Whirlpool serves both retail and professional markets, offering products under its flagship Whirlpool brand as well as several well-known names including Maytag, KitchenAid, JennAir, Amana, Brastemp and Consul.

In its laundry segment, Whirlpool provides top- and front-load washing machines, dryers and combination units designed to balance energy efficiency, capacity and convenience.