Mizuho Issues Pessimistic Forecast for Whirlpool (NYSE:WHR) Stock Price

Whirlpool (NYSE:WHR) had its target price decreased by equities researchers at Mizuho from $45.00 to $40.00 in a research report issued to clients and investors on Tuesday, MarketBeat reports. The brokerage currently has a “neutral” rating on the stock. Mizuho’s price target indicates a potential upside of 7.63% from the stock’s previous close.

Several other analysts also recently commented on WHR. Royal Bank Of Canada cut their target price on Whirlpool from $32.00 to $30.00 and set an “underperform” rating on the stock in a research note on Tuesday, June 16th. Bank of America decreased their price target on Whirlpool from $43.00 to $36.00 and set an “underperform” rating for the company in a research note on Monday, June 22nd. Weiss Ratings downgraded Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a report on Friday, May 8th. BNP Paribas Exane started coverage on Whirlpool in a research report on Monday, July 13th. They set a “neutral” rating and a $43.00 price objective on the stock. Finally, Citigroup reduced their price objective on Whirlpool from $50.00 to $42.00 and set a “neutral” rating for the company in a report on Tuesday, July 14th. One analyst has rated the stock with a Buy rating, seven have given a Hold rating and four have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $53.22.

Whirlpool Trading Up 2.0%

Shares of NYSE WHR opened at $37.16 on Tuesday. The firm’s 50 day moving average price is $39.87 and its 200-day moving average price is $57.73. The company has a market cap of $2.41 billion, a PE ratio of 12.64, a P/E/G ratio of 31.55 and a beta of 1.16. Whirlpool has a 52-week low of $36.01 and a 52-week high of $100.49. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.48 and a current ratio of 0.88.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share for the quarter, missing the consensus estimate of $0.43 by ($0.99). Whirlpool had a net margin of 1.08% and a return on equity of 7.68%. The firm had revenue of $3.27 billion for the quarter, compared to the consensus estimate of $3.44 billion. During the same period last year, the business earned $1.70 EPS. Whirlpool’s revenue was down 9.6% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. On average, equities research analysts expect that Whirlpool will post 1.15 EPS for the current fiscal year.

Institutional Investors Weigh In On Whirlpool

A number of large investors have recently added to or reduced their stakes in the stock. Flagship Harbor Advisors LLC bought a new position in shares of Whirlpool during the 4th quarter valued at $25,000. Northwestern Mutual Wealth Management Co. grew 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 worth $28,000 after acquiring an additional 246 shares during the period. Garton & Associates Financial Advisors LLC purchased a new stake in Whirlpool during the fourth quarter valued at $35,000. EverSource Wealth Advisors LLC increased its position in Whirlpool by 129.2% during the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock valued at $37,000 after acquiring an additional 208 shares during the last quarter. Finally, SBI Securities Co. Ltd. lifted its holdings in Whirlpool by 113.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock valued at $38,000 after acquiring an additional 280 shares during the period. Institutional investors own 90.78% of the company’s stock.

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.