Whirlpool Corporation (NYSE:WHR) Receives Consensus Rating of "Reduce" from Brokerages

Key Points

• Whirlpool has a consensus analyst rating of "Reduce" from 12 brokerages, with four sell ratings, seven holds, and one buy. The average 1-year price target is about $57.38.
• Recent analyst moves have mostly been negative, including target price cuts from Bank of America and Citigroup, while Mizuho initiated coverage with a neutral rating.
• Whirlpool’s latest quarterly results missed expectations, reporting a $0.56 loss per share versus an expected profit and revenue of $3.27 billion, down 9.6% year over year.

Whirlpool Corporation (NYSE:WHR - Get Free Report) has earned a consensus recommendation of "Reduce" from the twelve research firms that are covering the firm, Marketbeat Ratings reports. Four research analysts have rated the stock with a sell recommendation, seven have issued a hold recommendation and one has issued a buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is $57.3750.

A number of research firms recently commented on WHR. Mizuho started coverage on Whirlpool in a research report on Monday, April 20th. They issued a "neutral" rating and a $55.00 price target for the company. Wall Street Zen raised shares of Whirlpool from a "strong sell" rating to a "sell" rating in a report on Saturday, June 27th. Bank of America reduced their target price on shares of Whirlpool from $43.00 to $36.00 and set an "underperform" rating for the company in a research note on Monday, June 22nd. Citigroup lowered their target price on shares of Whirlpool from $60.00 to $50.00 and set a "neutral" rating for the company in a report on Monday, May 11th. Finally, Raymond James Financial reissued a "market perform" rating on shares of Whirlpool in a research report on Monday, March 16th.

Hedge Funds Weigh In On Whirlpool

Hedge funds have recently modified their holdings of the company. SG Americas Securities LLC raised its holdings in shares of Whirlpool by 96.0% in the 4th quarter. SG Americas Securities LLC now owns 101,907 shares of the company's stock worth $7,352,000 after purchasing an additional 49,903 shares during the period. M&T Bank Corp grew its holdings in Whirlpool by 973.9% during the fourth quarter. M&T Bank Corp now owns 29,962 shares of the company's stock valued at $2,161,000 after purchasing an additional 27,172 shares during the period. Russell Investments Group Ltd. grew its holdings in Whirlpool by 34.0% during the third quarter. Russell Investments Group Ltd. now owns 401,640 shares of the company's stock valued at $31,569,000 after purchasing an additional 101,962 shares during the period. Advisors Capital Management LLC increased its position in Whirlpool by 4.0% in the fourth quarter. Advisors Capital Management LLC now owns 312,239 shares of the company's stock worth $22,525,000 after buying an additional 11,963 shares during the last quarter. Finally, D.A. Davidson & CO. purchased a new stake in Whirlpool in the fourth quarter worth $894,000. Institutional investors own 90.78% of the company's stock.

Whirlpool Price Performance

WHR stock opened at $37.88 on Friday. The company has a debt-to-equity ratio of 1.48, a quick ratio of 0.48 and a current ratio of 0.88. The business has a 50-day simple moving average of $41.70 and a two-hundred day simple moving average of $59.86. The company has a market capitalization of $2.46 billion, a P/E ratio of 12.88, a price-to-earnings-growth ratio of 21.77 and a beta of 1.16. Whirlpool has a 52-week low of $36.01 and a 52-week high of $110.26.

Whirlpool (NYSE:WHR - Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported ($0.56) EPS for the quarter, missing the consensus estimate of $0.43 by ($0.99). Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The company had revenue of $3.27 billion during the quarter, compared to analysts' expectations of $3.44 billion. During the same period last year, the company earned $1.70 earnings per share. The business's revenue for the quarter was down 9.6% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. Research analysts expect that Whirlpool will post 1.73 EPS for the current fiscal year.

Whirlpool Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.