Whirlpool (NYSE:WHR) Earns Neutral Rating from Longbow Research

Key Points

• Longbow Research reaffirmed its “neutral” rating on Whirlpool, while the broader analyst consensus is “Reduce,” with nine Hold ratings and four Sell ratings and an average price target of $36.44.
• Whirlpool shares opened at $27.91, near their 52-week low of $27.15 and sharply below the 52-week high of $94.82. Recent analyst actions included RBC cutting its target to $22 and Citigroup lowering its target to $32.
• The company’s latest quarterly results missed expectations, reporting a loss of $0.21 per share versus the $0.06 expected, while revenue fell 6.8% year over year to $3.52 billion.

Whirlpool (NYSE:WHR - Get Free Report)'s stock had its "neutral" rating reaffirmed by analysts at Longbow Research in a report issued on Monday, Benzinga reports.

Several other analysts have also recently issued reports on the company. Zacks Research cut Whirlpool from a "hold" rating to a "strong sell" rating in a report on Monday, October 5th. Royal Bank Of Canada lowered their target price on Whirlpool from $32.00 to $22.00 and set an "underperform" rating for the company in a research report on Wednesday, October 7th. BNP Paribas Exane assumed coverage on shares of Whirlpool in a report on Monday, July 13th. They issued a "neutral" rating and a $43.00 target price for the company. Citigroup reduced their price target on shares of Whirlpool from $48.00 to $32.00 and set a "neutral" rating on the stock in a research report on Monday, October 12th. Finally, Wall Street Zen raised shares of Whirlpool from a "strong sell" rating to a "sell" rating in a research note on Saturday, August 8th. Nine research analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of "Reduce" and an average price target of $36.44.

Whirlpool Stock Up 0.1%

Shares of WHR stock opened at $27.91 on Monday. The stock has a market cap of $1.82 billion, a P/E ratio of 9.56, a PEG ratio of 12.40 and a beta of 1.21. Whirlpool has a 52 week low of $27.15 and a 52 week high of $94.82. The company has a quick ratio of 0.71, a current ratio of 1.15 and a debt-to-equity ratio of 1.74. The company's fifty day simple moving average is $35.32 and its two-hundred day simple moving average is $41.15.

Whirlpool (NYSE:WHR - Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported ($0.21) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.06) by ($0.15). Whirlpool had a return on equity of 4.18% and a net margin of 1.17%. The firm had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.55 billion. During the same period last year, the firm posted $1.34 earnings per share. The company's revenue for the quarter was down 6.8% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. Analysts predict that Whirlpool will post 2.25 EPS for the current fiscal year.

Institutional Trading of Whirlpool

Several hedge funds and other institutional investors have recently bought and sold shares of WHR. NFSG Corp grew its position in Whirlpool by 19.8% in the 3rd quarter. NFSG Corp now owns 5,920 shares of the company's stock valued at $182,000 after acquiring an additional 980 shares during the last quarter. TT Capital Management LLC purchased a new stake in Whirlpool in the third quarter worth $334,000. Fortitude Family Office LLC bought a new stake in shares of Whirlpool during the third quarter worth $29,000. GAMMA Investing LLC lifted its position in shares of Whirlpool by 14.9% during the third quarter. GAMMA Investing LLC now owns 3,061 shares of the company's stock worth $94,000 after purchasing an additional 398 shares during the last quarter. Finally, Farther Finance Advisors LLC boosted its stake in shares of Whirlpool by 171.2% during the third quarter. Farther Finance Advisors LLC now owns 4,705 shares of the company's stock valued at $144,000 after purchasing an additional 2,970 shares during the period. Hedge funds and other institutional investors own 90.78% of the company's stock.

Whirlpool Company Profile

Whirlpool Corporation is a global manufacturer and marketer of home appliances, serving consumers through a portfolio of well-known brands that includes Whirlpool, Maytag, KitchenAid, Amana and JennAir. Its products are sold through retailers, distributors and other channels to residential customers in multiple markets.

The company's primary product categories include refrigerators and freezers, cooking appliances, dishwashers, washing machines and dryers. Through KitchenAid and other brands, Whirlpool also offers small domestic appliances and related products designed for food preparation and household use.

Whirlpool traces its history to 1911, when the Upton Machine Company began producing electric washing machines.

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