Whirlpool (NYSE:WHR) Sets New 52-Week Low Following Analyst Downgrade

Key Points

• Whirlpool shares fell to a new 52-week low of $26.54 after Wells Fargo cut its price target from $39 to $30 while maintaining an equal-weight rating.
• Analyst sentiment remains cautious: Whirlpool has a consensus “Reduce” rating, with nine Hold ratings and four Sell ratings, and a consensus price target of $36.44.
• The company recently reported a quarterly EPS loss of $0.21, missing expectations, while revenue declined 6.8% year over year to $3.52 billion.

Whirlpool Corporation (NYSE:WHR - Get Free Report)'s stock price hit a new 52-week low during trading on Monday after Wells Fargo & Company lowered their price target on the stock from $39.00 to $30.00. Wells Fargo & Company currently has an equal weight rating on the stock. Whirlpool traded as low as $26.54 and last traded at $26.7220, with a volume of 442,361 shares trading hands. The stock had previously closed at $27.89.

A number of other equities research analysts have also weighed in on the company. The Goldman Sachs Group lowered their price objective on Whirlpool from $48.00 to $41.00 and set a "neutral" rating on the stock in a report on Monday, October 12th. Weiss Ratings reissued a "sell (d)" rating on shares of Whirlpool in a research note on Wednesday, August 5th. Citigroup reduced their price target on Whirlpool from $48.00 to $32.00 and set a "neutral" rating for the company in a report on Monday, October 12th. Mizuho lowered their price target on shares of Whirlpool from $45.00 to $40.00 and set a "neutral" rating on the stock in a research note on Tuesday, July 21st. Finally, Zacks Research cut Whirlpool from a "hold" rating to a "strong sell" rating in a report on Monday, October 5th. Nine research analysts have rated the stock with a Hold rating and four have given a Sell rating to the company. According to data from MarketBeat, Whirlpool currently has a consensus rating of "Reduce" and a consensus target price of $36.44.

Hedge Funds Weigh In On Whirlpool

Institutional investors have recently modified their holdings of the company. NFSG Corp increased its holdings in shares of Whirlpool by 19.8% during the 3rd quarter. NFSG Corp now owns 5,920 shares of the company's stock worth $182,000 after buying an additional 980 shares during the last quarter. TT Capital Management LLC purchased a new position in shares of Whirlpool in the 3rd quarter valued at $334,000. Fortitude Family Office LLC acquired a new position in shares of Whirlpool during the 3rd quarter valued at $29,000. GAMMA Investing LLC boosted its position in Whirlpool by 14.9% during the 3rd quarter. GAMMA Investing LLC now owns 3,061 shares of the company's stock worth $94,000 after purchasing an additional 398 shares during the period. Finally, Farther Finance Advisors LLC boosted its position in Whirlpool by 171.2% during the 3rd quarter. Farther Finance Advisors LLC now owns 4,705 shares of the company's stock worth $144,000 after purchasing an additional 2,970 shares during the period. Institutional investors and hedge funds own 90.78% of the company's stock.

Whirlpool Trading Down 2.5%

The stock has a market capitalization of $1.77 billion, a price-to-earnings ratio of 9.31, a P/E/G ratio of 12.40 and a beta of 1.21. The company has a debt-to-equity ratio of 1.74, a quick ratio of 0.71 and a current ratio of 1.15. The firm has a fifty day moving average of $35.32 and a 200-day moving average of $41.15.

Whirlpool (NYSE:WHR - Get Free Report) last released 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). Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The company had revenue of $3.52 billion during the quarter, compared to analysts' expectations of $3.55 billion. During the same period last year, the business earned $1.34 earnings per share. The company'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. As a group, equities analysts predict that Whirlpool Corporation will post 2.25 earnings per share for the current fiscal year.

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.

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