Whirlpool (WHR) Upgraded to Outperform by Raymond James Financial

Whirlpool (NYSE:WHR) was upgraded by analysts at Raymond James Financial from a “market perform” rating to an “outperform” rating in a research report issued on Friday.

Other equities analysts have also recently issued research reports about the company. ValuEngine raised Whirlpool from a “hold” rating to a “buy” rating in a research note on Tuesday, December 5th. Royal Bank of Canada reaffirmed a “buy” rating and set a $209.00 target price on shares of Whirlpool in a research note on Tuesday, October 10th. Zacks Investment Research raised Whirlpool from a “sell” rating to a “hold” rating in a research note on Thursday. MKM Partners set a $177.00 target price on Whirlpool and gave the company a “hold” rating in a research note on Friday, October 6th. Finally, Bank of America cut Whirlpool from a “buy” rating to a “neutral” rating and set a $183.00 target price on the stock. in a research note on Tuesday, October 24th. Seven investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus target price of $183.60.

Whirlpool (NYSE WHR) opened at $183.09 on Friday. 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 firm has a market capitalization of $12,861.32, a PE ratio of 40.15, a price-to-earnings-growth ratio of 1.61 and a beta of 1.88.

Whirlpool (NYSE:WHR) last released its earnings results on Wednesday, January 24th. The company reported $4.10 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $4.01 by $0.09. Whirlpool had a return on equity of 17.89% and a net margin of 1.65%. The company had revenue of $5.70 billion for the quarter, compared to analysts’ expectations of $5.88 billion. During the same quarter in the previous year, the business posted $4.33 EPS. The business’s revenue for the quarter was up .8% on a year-over-year basis. equities research analysts forecast that Whirlpool will post 15.45 earnings per share for the current year.

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. QS Investors LLC grew its stake in shares of Whirlpool by 0.4% in the 2nd quarter. QS Investors LLC now owns 2,355 shares of the company’s stock valued at $451,000 after buying an additional 10 shares in the last quarter. Nordea Investment Management AB grew its stake in shares of Whirlpool by 0.9% in the 2nd quarter. Nordea Investment Management AB now owns 4,814 shares of the company’s stock valued at $922,000 after buying an additional 44 shares in the last quarter. First Allied Advisory Services Inc. grew its stake in shares of Whirlpool by 3.3% in the 2nd quarter. First Allied Advisory Services Inc. now owns 1,768 shares of the company’s stock valued at $338,000 after buying an additional 57 shares in the last quarter. Peapack Gladstone Financial Corp grew its stake in shares of Whirlpool by 5.0% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 1,549 shares of the company’s stock valued at $297,000 after buying an additional 74 shares in the last quarter. Finally, Westside Investment Management Inc. grew its stake in shares of Whirlpool by 1.9% in the 2nd quarter. Westside Investment Management Inc. now owns 4,085 shares of the company’s stock valued at $788,000 after buying an additional 75 shares in the last quarter. 92.60% of the stock is owned by institutional investors and hedge funds.

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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.

Analyst Recommendations for Whirlpool (NYSE:WHR)