Whirlpool (NYSE:WHR) Hits New 52-Week Low - Time to Sell?

Key Points

• Whirlpool shares fell to a new 52-week low of $31.52, well below their 50-day and 200-day moving averages of $38.73 and $44.60, respectively.
• Analyst sentiment is cautious: the stock has a consensus “Reduce” rating, including one Buy, eight Hold and three Sell ratings, with a consensus price target of $45.44.
• Whirlpool’s latest quarter showed pressure on results, with an adjusted loss of $0.21 per share, revenue down 6.8% year over year to $3.52 billion, and earnings below expectations.

Shares of Whirlpool Corporation (NYSE:WHR - Get Free Report) hit a new 52-week low during trading on Tuesday . The stock traded as low as $31.52 and last traded at $32.75, with a volume of 3048563 shares changing hands. The stock had previously closed at $31.97.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. Royal Bank Of Canada upped their price objective on Whirlpool from $30.00 to $32.00 and gave the stock an "underperform" rating in a research report on Wednesday, August 5th. Mizuho lowered their target price on Whirlpool from $45.00 to $40.00 and set a "neutral" rating for the company in a research note on Tuesday, July 21st. Wells Fargo & Company cut their price target on Whirlpool from $42.00 to $39.00 and set an "equal weight" rating on the stock 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. Finally, Weiss Ratings reiterated a "sell (d)" rating on shares of Whirlpool in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Reduce" and a consensus price target of $45.44.

Whirlpool Price Performance

The firm has a market capitalization of $2.14 billion, a price-to-earnings ratio of 11.22, a price-to-earnings-growth ratio of 14.21 and a beta of 1.18. The stock's fifty day moving average price is $38.73 and its two-hundred day moving average price is $44.60. The company has a current ratio of 1.15, a quick ratio of 0.71 and a debt-to-equity ratio of 1.74.

Whirlpool (NYSE:WHR - Get Free Report) last issued its earnings results on Monday, August 3rd. The company reported ($0.21) EPS for the quarter, missing analysts' consensus estimates 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 for the quarter, compared to analyst estimates of $3.55 billion. During the same quarter in the previous year, the firm posted $1.34 EPS. The business's revenue for the quarter was down 6.8% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. Equities research analysts expect that Whirlpool Corporation will post 2.25 EPS for the current year.

Institutional Investors Weigh In On Whirlpool

Several hedge funds and other institutional investors have recently made changes to their positions in the business. Sequoia Financial Advisors LLC acquired a new position in Whirlpool in the second quarter valued at approximately $342,000. IPG Investment Advisors LLC increased its stake in Whirlpool by 46.1% in the second quarter. IPG Investment Advisors LLC now owns 98,935 shares of the company's stock valued at $3,900,000 after purchasing an additional 31,200 shares during the last quarter. WINTON GROUP Ltd acquired a new stake in Whirlpool during the second quarter worth approximately $583,000. Engineers Gate Manager LP purchased a new stake in shares of Whirlpool during the 2nd quarter worth approximately $1,320,000. Finally, Integrated Wealth Concepts LLC purchased a new stake in shares of Whirlpool during the 2nd quarter worth approximately $270,000. Institutional investors and hedge funds 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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