Whirlpool Co. (WHR) Receives Consensus Rating of “Hold” from Brokerages

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

Several research firms have commented on WHR. ValuEngine raised shares of Whirlpool from a “hold” rating to a “buy” rating in a research note on Tuesday, December 5th. Zacks Investment Research cut shares of Whirlpool from a “hold” rating to a “strong sell” rating in a research note on Friday, October 27th. Credit Suisse Group set a $187.00 price objective on shares of Whirlpool and gave the company a “neutral” rating in a research note on Tuesday, October 24th. Royal Bank of Canada cut shares of Whirlpool from a “top pick” rating to a “sector perform” rating and lowered their price objective for the company from $209.00 to $184.00 in a research note on Tuesday, October 24th. Finally, Bank of America cut shares of Whirlpool from a “buy” rating to a “neutral” rating and set a $183.00 price objective for the company. in a research note on Tuesday, October 24th.

A number of institutional investors have recently made changes to their positions in WHR. QS Investors LLC lifted its holdings in Whirlpool by 0.4% in the 2nd quarter. QS Investors LLC now owns 2,355 shares of the company’s stock worth $451,000 after buying an additional 10 shares in the last quarter. Nordea Investment Management AB lifted its holdings in Whirlpool by 0.9% in the 2nd quarter. Nordea Investment Management AB now owns 4,814 shares of the company’s stock worth $922,000 after buying an additional 44 shares in the last quarter. First Allied Advisory Services Inc. lifted its holdings in Whirlpool by 3.3% in the 2nd quarter. First Allied Advisory Services Inc. now owns 1,768 shares of the company’s stock worth $338,000 after buying an additional 57 shares in the last quarter. Peapack Gladstone Financial Corp lifted its holdings in Whirlpool by 5.0% in the 2nd quarter. Peapack Gladstone Financial Corp now owns 1,549 shares of the company’s stock worth $297,000 after buying an additional 74 shares in the last quarter. Finally, Westside Investment Management Inc. lifted its holdings in Whirlpool by 1.9% in the 2nd quarter. Westside Investment Management Inc. now owns 4,085 shares of the company’s stock worth $788,000 after buying an additional 75 shares in the last quarter. 92.37% of the stock is owned by hedge funds and other institutional investors.

Whirlpool (WHR) traded up $2.07 during mid-day trading on Tuesday, reaching $171.68. 705,300 shares of the company’s stock traded hands, compared to its average volume of 847,908. The stock has a market cap of $12,337.40, a PE ratio of 16.18, a P/E/G ratio of 1.74 and a beta of 1.88. The company has a debt-to-equity ratio of 0.65, a current ratio of 0.90 and a quick ratio of 0.55. Whirlpool has a 12-month low of $158.80 and a 12-month high of $202.99.

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

The firm also recently declared a quarterly dividend, which was paid on Friday, December 15th. Investors of record on Friday, November 17th were given a dividend of $1.10 per share. The ex-dividend date was Thursday, November 16th. This represents a $4.40 dividend on an annualized basis and a yield of 2.56%. Whirlpool’s dividend payout ratio (DPR) is 41.47%.

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Whirlpool Company Profile

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.

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