Analysts forecast that Whirlpool Co. (NYSE:WHR) will post earnings per share (EPS) of $3.22 for the current quarter, Zacks reports. Four analysts have made estimates for Whirlpool’s earnings. The lowest EPS estimate is $2.74 and the highest is $3.38. Whirlpool posted earnings per share of $3.11 during the same quarter last year, which would indicate a positive year over year growth rate of 3.5%. The company is scheduled to announce its next quarterly earnings report on Monday, April 27th.

On average, analysts expect that Whirlpool will report full-year earnings of $16.40 per share for the current financial year, with EPS estimates ranging from $15.81 to $16.80. For the next financial year, analysts forecast that the business will report earnings of $17.66 per share, with EPS estimates ranging from $17.32 to $18.52. Zacks Investment Research’s earnings per share calculations are an average based on a survey of research firms that follow Whirlpool.

Whirlpool (NYSE:WHR) last issued its quarterly earnings results on Monday, January 27th. The company reported $4.91 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.30 by $0.61. Whirlpool had a return on equity of 26.57% and a net margin of 5.80%. The business had revenue of $5.38 billion for the quarter, compared to analyst estimates of $5.52 billion. During the same quarter in the prior year, the firm posted $4.75 earnings per share. The firm’s revenue for the quarter was down 4.9% compared to the same quarter last year.

Several equities analysts have recently issued reports on WHR shares. Royal Bank of Canada upped their price target on Whirlpool from $129.00 to $136.00 and gave the company an “underperform” rating in a research note on Wednesday, January 29th. Bank of America upped their price target on Whirlpool from $150.00 to $157.00 and gave the company a “neutral” rating in a research note on Wednesday, October 23rd. ValuEngine lowered Whirlpool from a “sell” rating to a “strong sell” rating in a research note on Thursday, February 6th. Goldman Sachs Group started coverage on Whirlpool in a research note on Friday, December 6th. They set a “buy” rating and a $165.00 price target on the stock. Finally, Deutsche Bank started coverage on Whirlpool in a research note on Wednesday, November 27th. They set a “hold” rating on the stock. Two analysts have rated the stock with a sell rating, five have given a hold rating and four have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and a consensus target price of $157.25.

Shares of WHR traded up $0.13 during trading hours on Friday, hitting $152.16. 528,797 shares of the stock traded hands, compared to its average volume of 869,274. The company has a current ratio of 0.88, a quick ratio of 0.59 and a debt-to-equity ratio of 1.19. Whirlpool has a 1-year low of $114.00 and a 1-year high of $163.64. The firm has a market capitalization of $9.44 billion, a PE ratio of 8.25, a price-to-earnings-growth ratio of 1.91 and a beta of 1.79. The business has a fifty day moving average of $149.60 and a 200-day moving average of $147.90.

In other Whirlpool news, Director Gary T. Dicamillo sold 2,790 shares of the stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $147.48, for a total value of $411,469.20. Following the transaction, the director now owns 5,834 shares of the company’s stock, valued at $860,398.32. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link. Also, Director Michael F. Johnston sold 2,946 shares of the stock in a transaction dated Wednesday, January 29th. The shares were sold at an average price of $154.23, for a total value of $454,361.58. Following the completion of the transaction, the director now directly owns 5,294 shares in the company, valued at approximately $816,493.62. The disclosure for this sale can be found here. Corporate insiders own 0.91% of the company’s stock.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Duncker Streett & Co. Inc. acquired a new stake in shares of Whirlpool during the fourth quarter worth about $27,000. B & T Capital Management DBA Alpha Capital Management acquired a new stake in shares of Whirlpool during the third quarter worth about $34,000. Sugarloaf Wealth Management LLC acquired a new stake in shares of Whirlpool during the fourth quarter worth about $36,000. Americana Partners LLC acquired a new stake in shares of Whirlpool during the fourth quarter worth about $43,000. Finally, Massey Quick Simon & CO. LLC acquired a new stake in shares of Whirlpool during the third quarter worth about $48,000. 95.31% of the stock is currently owned by institutional investors.

Whirlpool Company Profile

Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking appliances and other small domestic appliances; and dishwasher appliances and related accessories.

Featured Article: How to Invest in an Index Fund

Get a free copy of the Zacks research report on Whirlpool (WHR)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates 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.