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

Key Points

• Whirlpool shares fell to a new 52-week low of $28.23, well below their 50-day and 200-day moving averages of $36.79 and $42.02, respectively.
• Analyst sentiment is largely negative: the stock has a consensus rating of “Reduce” and a consensus price target of $38.56, with one Buy, seven Hold and four Sell ratings.
• Whirlpool reported weaker-than-expected quarterly results, including an adjusted loss of $0.21 per share, revenue down 6.8% year over year and a miss on analyst revenue estimates; however, institutional investors own 90.78% of the stock.

Whirlpool Corporation (NYSE:WHR - Get Free Report)'s share price reached a new 52-week low on Monday. The company traded as low as $28.23 and last traded at $28.5110, with a volume of 88,846 shares traded. The stock had previously closed at $28.83.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the stock. Wall Street Zen upgraded shares of Whirlpool from a "strong sell" rating to a "sell" rating in a report on Saturday, August 8th. BNP Paribas Exane assumed coverage on Whirlpool in a research report on Monday, July 13th. They issued a "neutral" rating and a $43.00 price target on the stock. Weiss Ratings reissued a "sell (d)" rating on shares of Whirlpool in a research report on Wednesday, August 5th. The Goldman Sachs Group set a $41.00 target price on Whirlpool in a research note on Monday. Finally, Raymond James Financial restated a "market perform" rating on shares of Whirlpool in a research note on Wednesday, August 19th. One research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and four have assigned a Sell rating to the stock. According to MarketBeat.com, Whirlpool has a consensus rating of "Reduce" and a consensus price target of $38.56.

Whirlpool Stock Performance

The firm's 50 day moving average price is $36.79 and its 200-day moving average price is $42.02. The firm has a market cap of $1.87 billion, a price-to-earnings ratio of 9.87, a P/E/G ratio of 12.81 and a beta of 1.21. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.15 and a quick ratio of 0.71.

Whirlpool (NYSE:WHR - Get Free Report) last released its earnings results 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 for the quarter, compared to analyst estimates of $3.55 billion. During the same quarter in the previous year, the company earned $1.34 earnings per share. Whirlpool'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 anticipate that Whirlpool Corporation will post 2.25 earnings per share for the current year.

Institutional Inflows and Outflows

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

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.