Whirlpool (NYSE:WHR) Price Target Cut to $30.00 by Analysts at Stifel Nicolaus

Whirlpool (NYSE:WHR) had its price target cut by research analysts at Stifel Nicolaus from $37.00 to $30.00 in a research report issued to clients and investors on Monday, Benzinga reports. The brokerage presently has a “hold” rating on the stock. Stifel Nicolaus‘s target price suggests a potential upside of 12.90% from the company’s previous close.

Several other research firms have also recently commented on WHR. Mizuho cut their target price on Whirlpool from $45.00 to $40.00 and set a “neutral” rating on the stock in a research note on Tuesday, July 21st. Zacks Research lowered shares of Whirlpool from a “hold” rating to a “strong sell” rating in a report on Monday, October 5th. Weiss Ratings reiterated a “sell (d)” rating on shares of Whirlpool in a report on Wednesday, August 5th. Longbow Research restated a “neutral” rating on shares of Whirlpool in a research note on Monday, October 19th. Finally, Citigroup reduced their price objective on Whirlpool from $48.00 to $32.00 and set a “neutral” rating on the stock in a research note on Monday, October 12th. Nine equities research analysts have rated the stock with a Hold rating and four have issued a Sell rating to the stock. Based on data from MarketBeat, Whirlpool presently has a consensus rating of “Reduce” and a consensus target price of $35.67.

Whirlpool Stock Performance

NYSE:WHR traded down $1.54 during mid-day trading on Monday, hitting $26.57. The stock had a trading volume of 3,875,081 shares, compared to its average volume of 2,716,596. The stock has a market capitalization of $1.73 billion, a price-to-earnings ratio of 9.10, a P/E/G ratio of 24.99 and a beta of 1.21. The company has a current ratio of 1.15, a quick ratio of 0.71 and a debt-to-equity ratio of 1.74. Whirlpool has a 52 week low of $26.00 and a 52 week high of $94.82. The company has a 50 day simple moving average of $33.83 and a 200-day simple moving average of $40.18.

Whirlpool (NYSE:WHR) last released its quarterly earnings data on Monday, August 3rd. The company reported ($0.21) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.06) by ($0.15). Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The firm had revenue of $3.52 billion for the quarter, compared to analyst estimates of $3.55 billion. During the same period in the previous year, the business posted $1.34 EPS. Whirlpool’s revenue for the quarter was down 6.8% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. On average, research analysts expect that Whirlpool will post 1.13 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Whirlpool

Several institutional investors have recently modified their holdings of WHR. Kelleher Financial Advisors acquired a new stake in shares of Whirlpool during the second quarter worth about $28,000. Silvant Capital Management LLC acquired a new position in Whirlpool during the 2nd quarter valued at approximately $29,000. Fortitude Family Office LLC acquired a new position in Whirlpool during the 3rd quarter valued at about $29,000. Root Financial Partners LLC purchased a new stake in Whirlpool during the third quarter valued at about $33,000. Finally, SJS Investment Consulting Inc. acquired a new stake in Whirlpool in the first quarter valued at approximately $45,000. Institutional investors and hedge funds own 90.78% of the company’s stock.

About Whirlpool

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.