Whirlpool (NYSE:WHR) Hits New 1-Year Low - Should You Sell?

Key Points

• Whirlpool shares hit a new 52-week low, trading as low as $29.62, well below their 50-day and 200-day moving averages of $37.65 and $42.90.
• Analyst sentiment is mostly negative: the stock has one Buy, eight Hold and three Sell ratings, with an average “Reduce” rating and a consensus price target of $45.44. Several firms recently cut their targets, including Bank of America to $31 and Wells Fargo to $39.
• Whirlpool’s latest quarter missed expectations, reporting a loss of $0.21 per share versus the expected loss of $0.06, while revenue fell 6.8% year over year to $3.52 billion. Institutional investors own 90.78% of the company, with several large funds recently building positions.

Shares of Whirlpool Corporation (NYSE:WHR - Get Free Report) hit a new 52-week low during trading on Monday. The stock traded as low as $29.62 and last traded at $29.8530, with a volume of 122612 shares traded. The stock had previously closed at $30.31.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on WHR. Mizuho decreased their price target on shares of Whirlpool from $45.00 to $40.00 and set a "neutral" rating on the stock in a report on Tuesday, July 21st. Wells Fargo & Company dropped their price objective on Whirlpool from $42.00 to $39.00 and set an "equal weight" rating for the company in a report on Friday, September 11th. Wall Street Zen raised Whirlpool from a "strong sell" rating to a "sell" rating in a research report on Saturday, August 8th. Citigroup reiterated a "neutral" rating on shares of Whirlpool in a report on Thursday, August 6th. Finally, Bank of America lowered their price target on Whirlpool from $38.00 to $31.00 and set an "underperform" rating for the company in a research report on Friday, September 11th. One research analyst has rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Reduce" and a consensus target price of $45.44.

Whirlpool Trading Down 1.0%

The stock has a market capitalization of $1.96 billion, a PE ratio of 10.27, a PEG ratio of 13.47 and a beta of 1.21. The company has a current ratio of 1.15, a quick ratio of 0.71 and a debt-to-equity ratio of 1.74. The business's 50-day moving average is $37.65 and its two-hundred day moving average is $42.90.

Whirlpool (NYSE:WHR - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported ($0.21) EPS for the quarter, missing the consensus estimate of ($0.06) by ($0.15). Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The company had revenue of $3.52 billion during the quarter, compared to analysts' expectations of $3.55 billion. During the same period last year, the business earned $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. On average, analysts predict that Whirlpool Corporation will post 2.25 earnings per share for the current year.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in the company. Primecap Management Co. CA acquired a new position in Whirlpool in the second quarter worth $141,801,000. RWWM Inc. lifted its position in shares of Whirlpool by 191.6% in the 1st quarter. RWWM Inc. now owns 2,422,618 shares of the company's stock worth $130,628,000 after buying an additional 1,591,849 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in shares of Whirlpool in the 2nd quarter valued at about $61,003,000. Nykredit A S bought a new stake in shares of Whirlpool during the 2nd quarter valued at about $51,953,000. Finally, Connor Clark & Lunn Investment Management Ltd. acquired a new stake in Whirlpool during the second quarter worth about $24,601,000. 90.78% of the stock is owned by institutional investors and hedge funds.

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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