Whirlpool (NYSE:WHR) Hits New 52-Week Low After Analyst Downgrade

Key Points

• Whirlpool hit a new 52-week low after Stifel Nicolaus cut its price target from $45 to $37 and kept a hold rating. The stock fell to as low as $35.89 and was last down about 3% at $36.21.
• Several other analysts have also turned more cautious on Whirlpool, with recent target reductions from JPMorgan, RBC, and Mizuho, while the overall consensus rating is now “Reduce” with an average price target of $51.22.
• The company’s latest earnings miss added pressure: Whirlpool reported a loss of $0.56 per share versus expectations for a profit, and revenue of $3.27 billion also fell short of estimates and was down 9.6% year over year.

Whirlpool Corporation (NYSE:WHR - Get Free Report) reached a new 52-week low on Thursday after Stifel Nicolaus lowered their price target on the stock from $45.00 to $37.00. Stifel Nicolaus currently has a hold rating on the stock. Whirlpool traded as low as $35.89 and last traded at $36.21, with a volume of 125514 shares changing hands. The stock had previously closed at $37.14.

Other equities analysts also recently issued research reports about the stock. JPMorgan Chase & Co. lowered their target price on shares of Whirlpool from $59.00 to $52.00 and set a "neutral" rating for the company in a research note on Monday, May 11th. Wall Street Zen raised Whirlpool from a "strong sell" rating to a "sell" rating in a report on Saturday, June 27th. Royal Bank Of Canada lowered their price objective on Whirlpool from $32.00 to $30.00 and set an "underperform" rating for the company in a research report on Tuesday, June 16th. Mizuho dropped their price objective on Whirlpool from $45.00 to $40.00 and set a "neutral" rating on the stock in a report on Tuesday. Finally, Weiss Ratings cut Whirlpool from a "hold (c-)" rating to a "sell (d)" rating in a research note on Friday, May 8th. One equities research analyst has rated the stock with a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat.com, Whirlpool presently has an average rating of "Reduce" and an average price target of $51.22.

Institutional Trading of Whirlpool

Hedge funds and other institutional investors have recently made changes to their positions in the company. Flagship Harbor Advisors LLC purchased a new position in Whirlpool during the 4th quarter worth approximately $25,000. EverSource Wealth Advisors LLC lifted its stake in Whirlpool by 129.2% in the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company's stock valued at $37,000 after buying an additional 208 shares during the last quarter. Northwestern Mutual Wealth Management Co. boosted its holdings in shares of Whirlpool by 172.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company's stock valued at $28,000 after acquiring an additional 246 shares during the period. Garton & Associates Financial Advisors LLC purchased a new position in shares of Whirlpool during the fourth quarter worth approximately $35,000. Finally, SBI Securities Co. Ltd. grew its position in shares of Whirlpool by 113.4% during the fourth quarter. SBI Securities Co. Ltd. now owns 527 shares of the company's stock worth $38,000 after acquiring an additional 280 shares during the last quarter. Institutional investors and hedge funds own 90.78% of the company's stock.

Whirlpool Stock Down 3.0%

The business's fifty day moving average price is $39.87 and its 200 day moving average price is $57.73. The firm has a market capitalization of $2.33 billion, a price-to-earnings ratio of 12.25, a PEG ratio of 31.55 and a beta of 1.16. The company has a current ratio of 0.88, a quick ratio of 0.48 and a debt-to-equity ratio of 1.48.

Whirlpool (NYSE:WHR - Get Free Report) last issued its quarterly earnings results on Wednesday, May 6th. The company reported ($0.56) earnings per share for the quarter, missing analysts' consensus estimates of $0.43 by ($0.99). Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The business had revenue of $3.27 billion for the quarter, compared to analyst estimates of $3.44 billion. During the same quarter in the prior year, the company earned $1.70 EPS. The firm's revenue for the quarter was down 9.6% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. On average, equities analysts expect that Whirlpool Corporation will post 1.15 EPS for the current 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.

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