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

Key Points

• Stifel Nicolaus cut Whirlpool’s price target from $37 to $30 while maintaining a “hold” rating, implying 12.9% upside from the prior close.
• Analyst sentiment remains bearish: Whirlpool has a consensus “Reduce” rating, with nine Hold and four Sell ratings and an average target price of $35.67.
• Whirlpool shares fell to $26.57, near their 12-month low, after the company reported a quarterly EPS loss of $0.21 that missed estimates and revenue declined 6.8% year over year.

Whirlpool (NYSE:WHR - Get Free Report) had its target price dropped by Stifel Nicolaus from $37.00 to $30.00 in a research report issued on Monday, Benzinga reports. The firm presently has a "hold" rating on the stock. Stifel Nicolaus's target price would indicate a potential upside of 12.90% from the company's previous close.

Several other analysts have also issued reports on WHR. Wall Street Zen lowered Whirlpool from a "sell" rating to a "strong sell" rating in a report on Saturday. Royal Bank Of Canada cut their price target on Whirlpool from $32.00 to $22.00 and set an "underperform" rating on the stock in a research note on Wednesday, October 7th. Raymond James Financial reissued a "market perform" rating on shares of Whirlpool in a report on Wednesday, August 19th. The Goldman Sachs Group lowered their price target on Whirlpool from $48.00 to $41.00 and set a "neutral" rating on the stock in a research note on Monday, October 12th. Finally, BNP Paribas Exane initiated coverage on Whirlpool in a research report on Monday, July 13th. They set a "neutral" rating and a $43.00 price target for the company. Nine investment analysts have rated the stock with a Hold rating and four have issued a Sell rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Reduce" and a consensus target price of $35.67.

Whirlpool Price Performance

Shares of WHR stock traded down $1.54 during trading hours on Monday, hitting $26.57. The company had a trading volume of 3,875,081 shares, compared to its average volume of 2,716,596. The firm has a market capitalization of $1.73 billion, a price-to-earnings ratio of 9.10, a PEG ratio of 24.99 and a beta of 1.21. Whirlpool has a 12 month low of $26.00 and a 12 month high of $94.82. The firm's fifty day moving average is $33.83 and its 200 day moving average is $40.18. The company has a debt-to-equity ratio of 1.74, a quick ratio of 0.71 and a current ratio of 1.15.

Whirlpool (NYSE:WHR - Get Free Report) last posted its earnings results on Monday, August 3rd. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of ($0.06) by ($0.15). The company had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.55 billion. Whirlpool had a return on equity of 4.18% and a net margin of 1.17%. The business's quarterly revenue was down 6.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.34 EPS. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. On average, sell-side analysts predict that Whirlpool will post 1.13 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. Evergreen Capital Management LLC acquired a new stake in Whirlpool in the third quarter valued at approximately $378,000. Root Financial Partners LLC purchased a new stake in Whirlpool in the third quarter worth $33,000. Crossmark Global Holdings Inc. increased its stake in Whirlpool by 19.4% during the 3rd quarter. Crossmark Global Holdings Inc. now owns 10,983 shares of the company's stock valued at $337,000 after purchasing an additional 1,788 shares in the last quarter. NFSG Corp boosted its stake in shares of Whirlpool by 19.8% during the 3rd quarter. NFSG Corp now owns 5,920 shares of the company's stock worth $182,000 after acquiring an additional 980 shares during the last quarter. Finally, TT Capital Management LLC bought a new stake in shares of Whirlpool during the third quarter valued at approximately $334,000. 90.78% of the stock is owned by institutional investors and hedge funds.

About Whirlpool

Whirlpool Corporation NYSE: WHR is a global manufacturer and marketer of home appliances. The company develops products designed for kitchens and laundry rooms, including refrigerators and freezers, cooking appliances, dishwashers, washing machines and dryers, and related household appliances.

Whirlpool sells products under a portfolio of well-known brands, including Whirlpool, Maytag, KitchenAid, JennAir and Amana. Its products are distributed through retailers, builders, distributors and other sales channels to residential customers in North America and international markets.

The company traces its history to 1911, when it was founded as the Upton Machine Company in Benton Harbor, Michigan.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.