Whirlpool (NYSE:WHR) Hits New 12-Month Low - Here's What Happened

Key Points

• Whirlpool shares fell to a new 52-week low of $32.86 during Wednesday trading, down from a prior close of $34.00.
• The company reported a quarterly loss of $0.21 per share, missing estimates by $0.15, while revenue declined 6.8% year over year to $3.52 billion.
• Analyst sentiment remains cautious: Whirlpool has an average “Reduce” rating, with a consensus price target of $45.44, despite several recent rating adjustments.

Whirlpool Corporation (NYSE:WHR - Get Free Report)'s stock price hit a new 52-week low during mid-day trading on Wednesday . The stock traded as low as $32.86 and last traded at $33.0210, with a volume of 4123927 shares. The stock had previously closed at $34.00.

Analyst Upgrades and Downgrades

WHR has been the topic of a number of recent analyst reports. Wall Street Zen raised Whirlpool from a "strong sell" rating to a "sell" rating in a research note on Saturday, August 8th. Weiss Ratings restated a "sell (d)" rating on shares of Whirlpool in a report on Wednesday, August 5th. Stifel Nicolaus dropped their price target on shares of Whirlpool from $45.00 to $37.00 and set a "hold" rating on the stock in a research report on Thursday, July 23rd. Royal Bank Of Canada boosted their price target on shares of Whirlpool from $30.00 to $32.00 and gave the stock an "underperform" rating in a report on Wednesday, August 5th. Finally, Zacks Research raised Whirlpool from a "strong sell" rating to a "hold" rating in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Buy rating, eight have issued a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat, Whirlpool has an average rating of "Reduce" and a consensus target price of $45.44.

Whirlpool Price Performance

The firm's fifty day moving average price is $39.23 and its 200-day moving average price is $45.53. The stock has a market cap of $2.15 billion, a P/E ratio of 11.31, a PEG ratio of 15.11 and a beta of 1.18. The company has a quick ratio of 0.71, a current ratio of 1.15 and a debt-to-equity ratio of 1.74.

Whirlpool (NYSE:WHR - Get Free Report) last announced 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 in the prior year, the company posted $1.34 EPS. The firm's revenue was down 6.8% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. Analysts forecast that Whirlpool Corporation will post 2.25 earnings per share for the current year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in WHR. Hsbc Holdings PLC boosted its stake in shares of Whirlpool by 2.6% during the first quarter. Hsbc Holdings PLC now owns 7,720 shares of the company's stock valued at $416,000 after purchasing an additional 199 shares in the last quarter. Essex Financial Services Inc. increased its stake in shares of Whirlpool by 5.9% in the fourth quarter. Essex Financial Services Inc. now owns 6,704 shares of the company's stock valued at $484,000 after buying an additional 373 shares during the period. TCM Advisors LLC raised its holdings in Whirlpool by 3.9% in the 1st quarter. TCM Advisors LLC now owns 10,618 shares of the company's stock valued at $573,000 after buying an additional 400 shares during the last quarter. PFG Investments LLC raised its holdings in Whirlpool by 3.7% in the 1st quarter. PFG Investments LLC now owns 11,113 shares of the company's stock valued at $599,000 after buying an additional 401 shares during the last quarter. Finally, Angeles Wealth Management LLC boosted its position in Whirlpool by 1.2% during the 2nd quarter. Angeles Wealth Management LLC now owns 39,171 shares of the company's stock worth $1,544,000 after buying an additional 474 shares during the period. Institutional investors own 90.78% of the company's stock.

Whirlpool Company Profile

Whirlpool Corporation is a global manufacturer and marketer of home appliances. The company develops products designed for food preservation, laundry, cooking, dishwashing and other household needs, serving consumers through retail, e-commerce and builder channels.

Its product portfolio includes refrigerators and freezers, washing machines and dryers, ranges and ovens, dishwashers, microwaves and other kitchen appliances. Whirlpool markets products under brands including Whirlpool, Maytag, KitchenAid, Amana and JennAir, with brand availability varying by market.

Founded in 1911 as the Upton Machine Company, Whirlpool is headquartered in Benton Harbor, Michigan.

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