Whirlpool (NYSE:WHR) Given "Sell (D)" Rating at Weiss Ratings

Key Points

• Whirlpool's stock has been given a "sell (D)" rating by Weiss Ratings, along with a range of other ratings by various analysts, reflecting a consensus target price of $98.83.
• Despite rating downgrades, Whirlpool stock saw a slight increase of 1.5%, trading at $77.80 during recent sessions.
• Whirlpool reported revenue of $3.77 billion in its last quarterly earnings, missing estimates and marking a 5.4% decline year-over-year.

Whirlpool (NYSE:WHR - Get Free Report)'s stock had its "sell (d)" rating restated by equities researchers at Weiss Ratings in a research report issued on Wednesday,Weiss Ratings reports.

A number of other equities analysts also recently commented on WHR. Wall Street Zen downgraded shares of Whirlpool from a "hold" rating to a "sell" rating in a research note on Saturday, July 26th. Zacks Research raised shares of Whirlpool from a "strong sell" rating to a "hold" rating in a report on Tuesday, September 30th. Loop Capital restated a "hold" rating and set a $88.00 price target on shares of Whirlpool in a research report on Monday, August 4th. Longbow Research raised shares of Whirlpool from a "neutral" rating to a "buy" rating and set a $145.00 price target on the stock in a research note on Monday, June 30th. Finally, Bank of America reaffirmed an "underperform" rating and set a $70.00 target price (down from $100.00) on shares of Whirlpool in a research note on Tuesday, July 29th. Two equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and three have given a Sell rating to the company's stock. Based on data from MarketBeat.com, Whirlpool presently has an average rating of "Reduce" and a consensus target price of $98.83.

Whirlpool Trading Up 1.5%

Shares of Whirlpool stock traded up $1.17 during trading on Wednesday, reaching $77.80. 526,377 shares of the stock were exchanged, compared to its average volume of 1,307,467. The company has a quick ratio of 0.46, a current ratio of 0.85 and a debt-to-equity ratio of 2.39. Whirlpool has a 1 year low of $73.72 and a 1 year high of $135.49. The stock's fifty day moving average is $86.66 and its 200 day moving average is $87.49. The firm has a market cap of $4.35 billion, a price-to-earnings ratio of -29.33 and a beta of 1.17.

Whirlpool (NYSE:WHR - Get Free Report) last announced its quarterly earnings results on Monday, July 28th. The company reported $1.34 earnings per share for the quarter, missing the consensus estimate of $1.54 by ($0.20). Whirlpool had a negative net margin of 0.95% and a positive return on equity of 20.81%. The firm had revenue of $3.77 billion for the quarter, compared to the consensus estimate of $3.88 billion. During the same period last year, the business earned $2.39 EPS. Whirlpool's revenue was down 5.4% on a year-over-year basis. Whirlpool has set its FY 2025 guidance at 6.000-8.000 EPS. As a group, equities research analysts expect that Whirlpool will post 9.52 earnings per share for the current fiscal year.

Institutional Trading of Whirlpool

Several hedge funds have recently made changes to their positions in the company. Nuveen LLC purchased a new position in shares of Whirlpool in the 1st quarter valued at about $82,461,000. Norges Bank purchased a new position in shares of Whirlpool in the 2nd quarter valued at about $71,595,000. Curi Capital LLC purchased a new position in Whirlpool during the 2nd quarter valued at about $57,699,000. Maple Rock Capital Partners Inc. increased its holdings in Whirlpool by 357.2% during the 2nd quarter. Maple Rock Capital Partners Inc. now owns 533,655 shares of the company's stock valued at $54,123,000 after acquiring an additional 416,945 shares in the last quarter. Finally, Causeway Capital Management LLC acquired a new stake in shares of Whirlpool during the 1st quarter worth about $32,788,000. Institutional investors and hedge funds own 90.78% of the company's stock.

Whirlpool Company Profile

Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.

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