Whirlpool Corporation (NYSE:WHR - Get Free Report)'s stock price hit a new 52-week low during trading on Friday . The stock traded as low as $51.95 and last traded at $52.2990, with a volume of 1115831 shares changing hands. The stock had previously closed at $53.61.
Wall Street Analysts Forecast Growth
WHR has been the subject of several analyst reports. Weiss Ratings raised shares of Whirlpool from a "sell (d)" rating to a "hold (c-)" rating in a research note on Thursday, February 12th. Stifel Nicolaus cut their target price on Whirlpool from $75.00 to $68.00 and set a "hold" rating on the stock in a research note on Monday, March 2nd. BNP Paribas Exane raised Whirlpool to a "neutral" rating in a research note on Monday, March 16th. Raymond James Financial reissued a "market perform" rating on shares of Whirlpool in a research note on Monday, March 16th. Finally, Zacks Research downgraded Whirlpool from a "hold" rating to a "strong sell" rating in a research report on Tuesday, March 10th. Two research analysts have rated the stock with a Buy rating, six have given a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has an average rating of "Reduce" and an average price target of $82.00.
View Our Latest Report on Whirlpool
Whirlpool Stock Down 2.4%
The company has a market cap of $2.96 billion, a P/E ratio of 9.26, a price-to-earnings-growth ratio of 2.71 and a beta of 1.27. The company has a debt-to-equity ratio of 2.06, a quick ratio of 0.40 and a current ratio of 0.76. The business's fifty day moving average is $73.71 and its two-hundred day moving average is $75.71.
Whirlpool (NYSE:WHR - Get Free Report) last issued its earnings results on Wednesday, January 28th. The company reported $1.10 EPS for the quarter, missing analysts' consensus estimates of $1.54 by ($0.44). Whirlpool had a return on equity of 12.98% and a net margin of 2.04%.The company had revenue of $4.10 billion for the quarter, compared to analysts' expectations of $4.27 billion. During the same period last year, the business posted $4.57 earnings per share. The business's revenue was down 1.0% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 7.000-7.000 EPS. Equities analysts predict that Whirlpool Corporation will post 9.52 EPS for the current year.
Whirlpool Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Friday, February 27th were paid a dividend of $0.90 per share. The ex-dividend date was Friday, February 27th. This represents a $3.60 annualized dividend and a dividend yield of 6.9%. Whirlpool's dividend payout ratio (DPR) is currently 63.72%.
Institutional Inflows and Outflows
Institutional investors have recently added to or reduced their stakes in the business. Flagship Harbor Advisors LLC purchased a new stake in shares of Whirlpool in the 4th quarter worth approximately $25,000. EverSource Wealth Advisors LLC raised its stake in Whirlpool by 129.2% in the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company's stock worth $37,000 after buying an additional 208 shares in the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Whirlpool by 172.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company's stock worth $28,000 after buying an additional 246 shares during the period. Garton & Associates Financial Advisors LLC purchased a new stake in Whirlpool during the fourth quarter worth $35,000. Finally, SBI Securities Co. Ltd. boosted its position in Whirlpool by 113.4% during the 4th quarter. SBI Securities Co. Ltd. now owns 527 shares of the company's stock valued at $38,000 after acquiring an additional 280 shares in the last quarter. Hedge funds and other institutional investors own 90.78% of the company's stock.
Whirlpool Company Profile
(
Get Free Report)
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.
Further Reading
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