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

Key Points

• Whirlpool shares hit a new 52-week low, trading as low as $30.30 and last changing hands near $31.53, well below their 50-day and 200-day moving averages.
• Analyst sentiment is cautious: the stock has one Buy, eight Hold and three Sell ratings, resulting in a consensus “Reduce” rating. Several firms recently cut their price targets, with the consensus target at $45.44.
• Whirlpool’s latest quarter showed weaker performance, including an adjusted EPS loss of $0.21 versus an expected loss of $0.06 and a 6.8% year-over-year revenue decline. Institutional investors own 90.78% of the company’s shares.

Whirlpool Corporation (NYSE:WHR - Get Free Report) hit a new 52-week low during mid-day trading on Monday. The stock traded as low as $30.30 and last traded at $31.5310, with a volume of 269388 shares traded. The stock had previously closed at $31.71.

Analysts Set New Price Targets

WHR has been the subject of several research reports. Wells Fargo & Company lowered their price objective on shares of Whirlpool from $42.00 to $39.00 and set an "equal weight" rating for the company in a research report on Friday, September 11th. Bank of America decreased their price target on shares of Whirlpool from $38.00 to $31.00 and set an "underperform" rating on the stock in a research note on Friday, September 11th. Citigroup reissued a "neutral" rating on shares of Whirlpool in a report on Thursday, August 6th. Wall Street Zen upgraded shares of Whirlpool from a "strong sell" rating to a "sell" rating in a research report on Saturday, August 8th. Finally, Stifel Nicolaus reduced their price objective on Whirlpool from $45.00 to $37.00 and set a "hold" rating on the stock in a report on Thursday, July 23rd. One 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, the company currently has an average rating of "Reduce" and a consensus price target of $45.44.

Whirlpool Stock Performance

The stock has a market cap of $2.08 billion, a P/E ratio of 10.97, a price-to-earnings-growth ratio of 14.09 and a beta of 1.18. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.15 and a quick ratio of 0.71. The stock's 50 day simple moving average is $38.25 and its two-hundred day simple moving average is $43.84.

Whirlpool (NYSE:WHR - Get Free Report) last posted 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). The company had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.55 billion. Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The company's revenue was down 6.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.34 earnings per share. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. As a group, research analysts forecast that Whirlpool Corporation will post 2.25 EPS for the current year.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the company. Sequoia Financial Advisors LLC bought a new stake in Whirlpool in the 2nd quarter valued at approximately $342,000. IPG Investment Advisors LLC grew its stake in shares of Whirlpool by 46.1% during the 2nd quarter. IPG Investment Advisors LLC now owns 98,935 shares of the company's stock worth $3,900,000 after acquiring an additional 31,200 shares in the last quarter. WINTON GROUP Ltd acquired a new stake in shares of Whirlpool in the second quarter valued at approximately $583,000. Engineers Gate Manager LP bought a new stake in shares of Whirlpool in the second quarter worth $1,320,000. Finally, Integrated Wealth Concepts LLC acquired a new position in Whirlpool during the second quarter worth $270,000. 90.78% of the stock is currently owned by institutional investors.

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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