Whirlpool Corporation (NYSE:WHR) Stock Has Average Target Price of $45.44

Shares of Whirlpool Corporation (NYSE:WHR) have been assigned an average recommendation of “Reduce” from the twelve research firms that are presently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, eight have given a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price objective among brokerages that have issued ratings on the stock in the last year is $45.44.

A number of brokerages have commented on WHR. Royal Bank Of Canada increased their price target on shares of Whirlpool from $30.00 to $32.00 and gave the company an “underperform” rating in a research report on Wednesday, August 5th. Wells Fargo & Company cut their price target on shares of Whirlpool from $42.00 to $39.00 and set an “equal weight” rating on the stock in a report on Friday, September 11th. Zacks Research raised shares of Whirlpool from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 6th. Citigroup reiterated a “neutral” rating on shares of Whirlpool in a report on Thursday, August 6th. Finally, BNP Paribas Exane started coverage on Whirlpool in a research note on Monday, July 13th. They issued a “neutral” rating and a $43.00 target price on the stock.

Hedge Funds Weigh In On Whirlpool

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Sequoia Financial Advisors LLC bought a new stake in Whirlpool in the second quarter valued at $342,000. IPG Investment Advisors LLC raised its holdings in Whirlpool by 46.1% in the 2nd quarter. IPG Investment Advisors LLC now owns 98,935 shares of the company’s stock worth $3,900,000 after purchasing an additional 31,200 shares in the last quarter. WINTON GROUP Ltd purchased a new stake in shares of Whirlpool in the 2nd quarter worth about $583,000. Engineers Gate Manager LP bought a new stake in shares of Whirlpool during the 2nd quarter valued at about $1,320,000. Finally, Integrated Wealth Concepts LLC purchased a new position in shares of Whirlpool during the second quarter valued at about $270,000. Institutional investors own 90.78% of the company’s stock.

Whirlpool Stock Performance

NYSE:WHR opened at $31.75 on Wednesday. The business’s 50-day moving average price is $38.25 and its two-hundred day moving average price is $43.95. The stock has a market cap of $2.07 billion, a P/E ratio of 10.87, a PEG ratio of 14.66 and a beta of 1.18. The company has a quick ratio of 0.71, a current ratio of 1.15 and a debt-to-equity ratio of 1.74. Whirlpool has a twelve month low of $31.52 and a twelve month high of $94.82.

Whirlpool (NYSE:WHR) last released its quarterly earnings results on Monday, August 3rd. The company reported ($0.21) EPS for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.15). The company had revenue of $3.52 billion during the quarter, compared to analysts’ expectations of $3.55 billion. Whirlpool had a return on equity of 4.18% and a net margin of 1.17%.Whirlpool’s quarterly revenue was down 6.8% on a year-over-year basis. During the same period in the prior year, the firm earned $1.34 EPS. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. As a group, equities analysts predict that Whirlpool will post 2.25 EPS for the current fiscal year.

Whirlpool Company Profile

Whirlpool Corporation is a global manufacturer and marketer of home appliances. The company develops products designed for food preservation, laundry, cooking, dishwashing and other household needs, serving consumers through retail, e-commerce and builder channels.

Its product portfolio includes refrigerators and freezers, washing machines and dryers, ranges and ovens, dishwashers, microwaves and other kitchen appliances. Whirlpool markets products under brands including Whirlpool, Maytag, KitchenAid, Amana and JennAir, with brand availability varying by market.

Founded in 1911 as the Upton Machine Company, Whirlpool is headquartered in Benton Harbor, Michigan.