Whirlpool Co. (NYSE:WHR) has been given an average recommendation of “Hold” by the eight analysts that are currently covering the company, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, six have issued a hold recommendation and one has issued a buy recommendation on the company. The average twelve-month price target among brokers that have updated their coverage on the stock in the last year is $183.60.

WHR has been the subject of several analyst reports. Zacks Investment Research cut shares of Whirlpool from a “hold” rating to a “strong sell” rating in a research note on Friday, October 27th. ValuEngine upgraded shares of Whirlpool from a “hold” rating to a “buy” rating in a report on Monday, October 2nd. Royal Bank of Canada lowered shares of Whirlpool from a “top pick” rating to a “sector perform” rating and decreased their price objective for the stock from $209.00 to $184.00 in a report on Tuesday, October 24th. MKM Partners set a $177.00 price objective on shares of Whirlpool and gave the stock a “hold” rating in a report on Friday, October 6th. Finally, Bank of America lowered shares of Whirlpool from a “buy” rating to a “neutral” rating and set a $183.00 price objective on the stock. in a report on Tuesday, October 24th.

Whirlpool (WHR) traded down $0.88 during trading on Friday, hitting $166.65. 1,108,700 shares of the stock traded hands, compared to its average volume of 886,214. Whirlpool has a twelve month low of $158.80 and a twelve month high of $202.99. The company has a debt-to-equity ratio of 0.65, a quick ratio of 0.55 and a current ratio of 0.90. The stock has a market cap of $12,340.00, a PE ratio of 15.72, a price-to-earnings-growth ratio of 1.51 and a beta of 1.87.

Whirlpool (NYSE:WHR) last posted its quarterly earnings results on Monday, October 23rd. The company reported $3.83 earnings per share for the quarter, missing the consensus estimate of $3.90 by ($0.07). Whirlpool had a net margin of 3.76% and a return on equity of 18.45%. The firm had revenue of $5.42 billion during the quarter, compared to analysts’ expectations of $5.50 billion. During the same period last year, the company earned $3.66 EPS. The business’s quarterly revenue was up 3.2% on a year-over-year basis. research analysts forecast that Whirlpool will post 13.68 earnings per share for the current year.

Hedge funds have recently modified their holdings of the company. Sun Life Financial INC lifted its holdings in shares of Whirlpool by 7,628.6% in the 2nd quarter. Sun Life Financial INC now owns 541 shares of the company’s stock worth $104,000 after acquiring an additional 534 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Whirlpool by 26.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 644 shares of the company’s stock worth $123,000 after acquiring an additional 135 shares during the last quarter. Cerebellum GP LLC acquired a new position in shares of Whirlpool in the 4th quarter worth approximately $128,000. Valeo Financial Advisors LLC acquired a new stake in Whirlpool during the 3rd quarter worth approximately $129,000. Finally, Westwood Holdings Group Inc. acquired a new stake in Whirlpool during the 2nd quarter worth approximately $153,000. Hedge funds and other institutional investors own 92.60% of the company’s stock.

COPYRIGHT VIOLATION NOTICE: “Brokerages Set Whirlpool Co. (WHR) PT at $183.60” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of U.S. & international copyright and trademark legislation. The original version of this piece of content can be accessed at https://www.thecerbatgem.com/2018/01/23/brokerages-set-whirlpool-co-whr-pt-at-183-60.html.

About Whirlpool

Whirlpool Corporation is a manufacturer and marketer of home appliances. The Company’s segments include North America; Europe, Middle East and Africa (EMEA); Latin America, and Asia. In North America, the Company markets and distributes home appliances and small domestic appliances under a range of brand names.

Analyst Recommendations for Whirlpool (NYSE:WHR)

Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.