Whirlpool Corporation (NYSE:WHR) Stock Has Average Price Target of $36.44 According to Brokerages

Whirlpool Corporation (NYSE:WHR) has been given a consensus recommendation of “Reduce” by the thirteen research firms that are currently covering the company, Marketbeat.com reports. Four research analysts have rated the stock with a sell rating and nine have assigned a hold rating to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $36.44.

Several analysts have recently issued reports on WHR shares. Stifel Nicolaus reduced their price objective on Whirlpool from $45.00 to $37.00 and set a “hold” rating on the stock in a research report on Thursday, July 23rd. Royal Bank Of Canada decreased their price objective on Whirlpool from $32.00 to $22.00 and set an “underperform” rating on the stock in a research note on Wednesday, October 7th. Citigroup dropped their price objective on Whirlpool from $48.00 to $32.00 and set a “neutral” rating for the company in a research report on Monday, October 12th. Wells Fargo & Company cut their target price on shares of Whirlpool from $39.00 to $30.00 and set an “equal weight” rating for the company in a research note on Friday, October 16th. Finally, Raymond James Financial reissued a “market perform” rating on shares of Whirlpool in a research note on Wednesday, August 19th.

Whirlpool Trading Down 2.4%

Shares of Whirlpool stock opened at $28.11 on Friday. Whirlpool has a 1 year low of $26.08 and a 1 year high of $94.82. The company has a debt-to-equity ratio of 1.74, a current ratio of 1.15 and a quick ratio of 0.71. The business has a 50 day moving average price of $33.83 and a 200 day moving average price of $40.29. The company has a market capitalization of $1.83 billion, a P/E ratio of 9.63, a P/E/G ratio of 24.99 and a beta of 1.21.

Whirlpool (NYSE:WHR) last announced its 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 for the quarter, compared to analyst estimates of $3.55 billion. Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. Whirlpool’s quarterly revenue was down 6.8% compared to the same quarter last year. During the same quarter last year, the company posted $1.34 EPS. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. Sell-side analysts anticipate that Whirlpool will post 1.13 EPS for the current fiscal year.

Institutional Investors Weigh In On Whirlpool

Hedge funds and other institutional investors have recently modified their holdings of the company. Kelleher Financial Advisors purchased a new position in shares of Whirlpool during the second quarter valued at approximately $28,000. Silvant Capital Management LLC acquired a new stake in Whirlpool during the second quarter worth approximately $29,000. SJS Investment Consulting Inc. acquired a new stake in Whirlpool during the first quarter worth approximately $45,000. Annis Gardner Whiting Capital Advisors LLC acquired a new stake in Whirlpool during the first quarter worth approximately $46,000. Finally, North Star Investment Management Corp. grew its stake in Whirlpool by 184.0% in the 1st quarter. North Star Investment Management Corp. now owns 926 shares of the company’s stock worth $50,000 after acquiring an additional 600 shares during the period. 90.78% of the stock is currently owned by hedge funds and other institutional investors.

Whirlpool Company Profile

Whirlpool Corporation (NYSE: WHR) is a global manufacturer and marketer of home appliances. The company develops products designed for kitchens and laundry rooms, including refrigerators and freezers, cooking appliances, dishwashers, washing machines and dryers, and related household appliances.

Whirlpool sells products under a portfolio of well-known brands, including Whirlpool, Maytag, KitchenAid, JennAir and Amana. Its products are distributed through retailers, builders, distributors and other sales channels to residential customers in North America and international markets.

The company traces its history to 1911, when it was founded as the Upton Machine Company in Benton Harbor, Michigan.