Whirlpool (NYSE:WHR) Hits New 52-Week Low - Here's Why

Key Points

• Whirlpool shares hit a new 52-week low, falling to $35.34 and trading about 2% lower, with the stock well below its 50-day and 200-day moving averages.
• Analyst sentiment is cautious: Whirlpool has a consensus “Reduce” rating, with one Buy, eight Holds and three Sells; several firms recently cut their price targets.
• The company’s latest quarterly results missed expectations, reporting a $0.21-per-share loss versus an anticipated $0.06 loss, while revenue declined 6.8% year over year to $3.52 billion.

Shares of Whirlpool Corporation (NYSE:WHR - Get Free Report) hit a new 52-week low during trading on Thursday . The stock traded as low as $35.34 and last traded at $35.6450, with a volume of 169194 shares traded. The stock had previously closed at $36.83.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on WHR shares. BNP Paribas Exane began coverage on Whirlpool in a report on Monday, July 13th. They issued a "neutral" rating and a $43.00 price objective for the company. Wall Street Zen raised Whirlpool from a "strong sell" rating to a "sell" rating in a report on Saturday, August 8th. Bank of America decreased their target price on Whirlpool from $43.00 to $36.00 and set an "underperform" rating for the company in a research report on Monday, June 22nd. Stifel Nicolaus lowered their price target on Whirlpool from $45.00 to $37.00 and set a "hold" rating for the company in a report on Thursday, July 23rd. Finally, Mizuho dropped their price target on Whirlpool from $45.00 to $40.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 21st. One investment analyst has rated the stock with a Buy rating, eight have given a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Reduce" and a consensus price target of $46.33.

Whirlpool Trading Down 2.0%

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 $39.50 and its two-hundred day moving average is $46.74. The firm has a market cap of $2.35 billion, a P/E ratio of 12.34, a P/E/G ratio of 16.72 and a beta of 1.18.

Whirlpool (NYSE:WHR - Get Free Report) last released its quarterly earnings data on Monday, August 3rd. The company reported ($0.21) earnings per share 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 business had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.55 billion. During the same quarter last year, the company earned $1.34 EPS. Whirlpool's revenue was down 6.8% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. As a group, analysts expect that Whirlpool Corporation will post 2.25 earnings per share for the current fiscal year.

Institutional Trading of Whirlpool

Hedge funds have recently made changes to their positions in the stock. Primecap Management Co. CA bought a new position in Whirlpool during the 2nd quarter worth $141,801,000. California State Teachers Retirement System lifted its stake in Whirlpool by 3,928.1% in the second quarter. California State Teachers Retirement System now owns 2,626,121 shares of the company's stock valued at $103,522,000 after buying an additional 2,560,926 shares during the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in shares of Whirlpool by 3.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 2,429,230 shares of the company's stock valued at $175,245,000 after acquiring an additional 80,122 shares during the period. RWWM Inc. boosted its holdings in shares of Whirlpool by 191.6% during the first 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 during the period. Finally, Newport Trust Company LLC grew its position in shares of Whirlpool by 10.2% during the fourth quarter. Newport Trust Company LLC now owns 2,391,252 shares of the company's stock worth $172,505,000 after acquiring an additional 221,564 shares during the last quarter. Institutional investors own 90.78% of the company's stock.

About Whirlpool

Whirlpool Corporation is a leading global manufacturer and marketer of home appliances, with a product portfolio that spans major categories such as laundry, refrigeration, cooking, dishwashing and small electrics. Headquartered in Benton Harbor, Michigan, the company designs, produces and distributes its appliances through a network of wholly owned manufacturing facilities, joint ventures and third-party partners. Whirlpool serves both retail and professional markets, offering products under its flagship Whirlpool brand as well as several well-known names including Maytag, KitchenAid, JennAir, Amana, Brastemp and Consul.

In its laundry segment, Whirlpool provides top- and front-load washing machines, dryers and combination units designed to balance energy efficiency, capacity and convenience.

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