Whirlpool (NYSE:WHR) Shares Down 5.5% - What's Next?

Key Points

• Whirlpool shares fell 5.5% to about $38.60, with the stock trading below its 50-day and 200-day moving averages.
• Analyst sentiment remains cautious: Whirlpool has a consensus “Reduce” rating, with one Buy, eight Hold and three Sell ratings and an average price target of $46.33.
• The company’s latest quarterly results missed expectations, reporting an adjusted loss of $0.21 per share and revenue of $3.52 billion, down 6.8% year over year.

Whirlpool Corporation (NYSE:WHR - Get Free Report)'s stock price traded down 5.5% on Tuesday . The company traded as low as $38.28 and last traded at $38.6010. 751,877 shares changed hands during mid-day trading, a decline of 71% from the average daily volume of 2,587,435 shares. The stock had previously closed at $40.84.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on WHR shares. Wall Street Zen upgraded Whirlpool from a "strong sell" rating to a "sell" rating in a research report on Saturday, August 8th. Mizuho lowered their target price on shares of Whirlpool from $45.00 to $40.00 and set a "neutral" rating on the stock in a research report on Tuesday, July 21st. Stifel Nicolaus dropped their price objective on Whirlpool from $45.00 to $37.00 and set a "hold" rating for the company in a research note on Thursday, July 23rd. Bank of America decreased their target price on Whirlpool from $43.00 to $36.00 and set an "underperform" rating on the stock in a research report on Monday, June 22nd. Finally, Weiss Ratings reiterated a "sell (d)" rating on shares of Whirlpool in a research report on Wednesday, August 5th. One 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's stock. Based on data from MarketBeat, the stock presently has a consensus rating of "Reduce" and a consensus target price of $46.33.

Whirlpool Price Performance

The company has a 50-day moving average of $39.50 and a two-hundred day moving average of $49.21. 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 has a market capitalization of $2.48 billion, a PE ratio of 13.02, a P/E/G ratio of 18.29 and a beta of 1.16.

Whirlpool (NYSE:WHR - Get Free Report) last announced 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 company had revenue of $3.52 billion for the quarter, compared to analysts' expectations of $3.55 billion. During the same quarter in the previous year, the company earned $1.34 earnings per share. The company'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. Sell-side analysts predict that Whirlpool Corporation will post 2.25 EPS for the current fiscal year.

Institutional Trading of Whirlpool

Institutional investors and hedge funds have recently made changes to their positions in the company. Primecap Management Co. CA acquired a new position in Whirlpool in the second quarter valued at $141,801,000. California State Teachers Retirement System increased its stake in Whirlpool by 3,928.1% during the second quarter. California State Teachers Retirement System now owns 2,626,121 shares of the company's stock worth $103,522,000 after acquiring an additional 2,560,926 shares during the last quarter. RWWM Inc. raised its holdings in shares of Whirlpool by 191.6% in the 1st quarter. RWWM Inc. now owns 2,422,618 shares of the company's stock worth $130,628,000 after purchasing an additional 1,591,849 shares during the period. Canada Pension Plan Investment Board purchased a new position in shares of Whirlpool in the 2nd quarter worth about $61,003,000. Finally, Nykredit A S acquired a new position in shares of Whirlpool in the 2nd quarter valued at about $51,953,000. 90.78% of the stock is currently owned by institutional investors and hedge funds.

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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