Whirlpool (NYSE:WHR) Stock Falls 5.7% - What's Next?

Key Points

• Whirlpool shares fell 5.7% to approximately $26.44, with trading volume below its average session volume.
• Analyst sentiment remains cautious: the stock carries an average “Reduce” rating, with nine Hold ratings and four Sell ratings; the average price target is $36.44.
• Whirlpool’s latest quarterly results missed expectations, with an adjusted loss of $0.21 per share, revenue down 6.8% year over year, and an analyst consensus forecast of $2.25 EPS for the current year.

Shares of Whirlpool Corporation (NYSE:WHR - Get Free Report) dropped 5.7% during trading on Wednesday. The company traded as low as $26.67 and last traded at $26.4410. Approximately 1,834,873 shares traded hands during mid-day trading, a decline of 32% from the average session volume of 2,691,419 shares. The stock had previously closed at $28.04.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on WHR shares. Wells Fargo & Company cut their price target on Whirlpool from $39.00 to $30.00 and set an "equal weight" rating on the stock in a research note on Friday, October 16th. Longbow Research restated a "neutral" rating on shares of Whirlpool in a report on Monday. Raymond James Financial reaffirmed a "market perform" rating on shares of Whirlpool in a research report on Wednesday, August 19th. Wall Street Zen upgraded Whirlpool from a "strong sell" rating to a "sell" rating in a research note on Saturday, August 8th. Finally, Stifel Nicolaus decreased their price target on shares of Whirlpool from $45.00 to $37.00 and set a "hold" rating for the company in a research report on Thursday, July 23rd. Nine analysts have rated the stock with a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of "Reduce" and an average price target of $36.44.

Whirlpool Price Performance

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 $1.72 billion, a price-to-earnings ratio of 9.00, a price-to-earnings-growth ratio of 11.76 and a beta of 1.21. The company has a 50-day simple moving average of $34.70 and a two-hundred day simple moving average of $40.77.

Whirlpool (NYSE:WHR - Get Free Report) last announced its earnings results 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). The business had revenue of $3.52 billion for 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 firm's revenue was down 6.8% on a year-over-year basis. During the same period in the previous year, the firm earned $1.34 EPS. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. On average, equities research analysts predict that Whirlpool Corporation will post 2.25 earnings per share for the current year.

Hedge Funds Weigh In On Whirlpool

A number of institutional investors and hedge funds have recently added to or reduced their stakes in WHR. Crossmark Global Holdings Inc. raised its position in Whirlpool by 19.4% during the third quarter. Crossmark Global Holdings Inc. now owns 10,983 shares of the company's stock valued at $337,000 after buying an additional 1,788 shares during the period. NFSG Corp boosted its position in Whirlpool by 19.8% during the 3rd quarter. NFSG Corp now owns 5,920 shares of the company's stock worth $182,000 after acquiring an additional 980 shares during the period. TT Capital Management LLC purchased a new position in Whirlpool during the 3rd quarter valued at about $334,000. Fortitude Family Office LLC purchased a new position in Whirlpool during the 3rd quarter valued at about $29,000. Finally, GAMMA Investing LLC increased its holdings in shares of Whirlpool by 14.9% in the 3rd quarter. GAMMA Investing LLC now owns 3,061 shares of the company's stock valued at $94,000 after purchasing an additional 398 shares during the period. 90.78% of the stock is owned by institutional investors.

About Whirlpool

Whirlpool Corporation NYSE: WHR is a global manufacturer and marketer of home appliances. The company develops products designed for kitchens and laundry rooms, including refrigerators and freezers, cooking appliances, dishwashers, washing machines and dryers, and related household appliances.

Whirlpool sells products under a portfolio of well-known brands, including Whirlpool, Maytag, KitchenAid, JennAir and Amana. Its products are distributed through retailers, builders, distributors and other sales channels to residential customers in North America and international markets.

The company traces its history to 1911, when it was founded as the Upton Machine Company in Benton Harbor, Michigan.

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