Whirlpool (NYSE:WHR) Hits New 12-Month Low – Time to Sell?

Whirlpool Corporation (NYSE:WHR) hit a new 52-week low on Wednesday . The stock traded as low as $36.01 and last traded at $36.6650, with a volume of 378971 shares trading hands. The stock had previously closed at $37.12.

Analysts Set New Price Targets

A number of analysts have commented on WHR shares. Stifel Nicolaus set a $55.00 price objective on Whirlpool in a report on Monday, May 4th. Citigroup dropped their target price on Whirlpool from $60.00 to $50.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. Mizuho started coverage on Whirlpool in a report on Monday, April 20th. They set a “neutral” rating and a $55.00 price target for the company. Weiss Ratings lowered Whirlpool from a “hold (c-)” rating to a “sell (d)” rating in a research report on Friday, May 8th. Finally, JPMorgan Chase & Co. cut their price objective on shares of Whirlpool from $59.00 to $52.00 and set a “neutral” rating on the stock in a report on Monday, May 11th. One analyst has rated the stock with a Buy rating, seven have assigned a Hold rating and four have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, Whirlpool presently has a consensus rating of “Reduce” and an average price target of $57.38.

Whirlpool Stock Performance

The company’s 50-day moving average is $42.41 and its two-hundred day moving average is $60.39. The company has a quick ratio of 0.48, a current ratio of 0.88 and a debt-to-equity ratio of 1.48. The company has a market cap of $2.36 billion, a P/E ratio of 12.38, a price-to-earnings-growth ratio of 21.99 and a beta of 1.16.

Whirlpool (NYSE:WHR) last announced its quarterly earnings data on Wednesday, May 6th. The company reported ($0.56) EPS for the quarter, missing the consensus estimate of $0.43 by ($0.99). Whirlpool had a return on equity of 7.68% and a net margin of 1.08%.The company had revenue of $3.27 billion during the quarter, compared to the consensus estimate of $3.44 billion. During the same period in the prior year, the firm posted $1.70 EPS. The business’s revenue was down 9.6% on a year-over-year basis. Whirlpool has set its FY 2026 guidance at 3.000-3.500 EPS. Equities analysts predict that Whirlpool Corporation will post 1.73 EPS for the current year.

Institutional Trading of Whirlpool

A number of large investors have recently bought and sold shares of the company. Flagship Harbor Advisors LLC bought a new position in shares of Whirlpool during the 4th quarter worth $25,000. Northwestern Mutual Wealth Management Co. raised its stake in Whirlpool by 172.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 389 shares of the company’s stock valued at $28,000 after acquiring an additional 246 shares during the period. Garton & Associates Financial Advisors LLC purchased a new stake in Whirlpool during the fourth quarter valued at about $35,000. EverSource Wealth Advisors LLC lifted its holdings in Whirlpool by 129.2% during the second quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock valued at $37,000 after purchasing an additional 208 shares during the last quarter. Finally, SBI Securities Co. Ltd. increased its stake in shares of Whirlpool by 113.4% in the fourth quarter. SBI Securities Co. Ltd. now owns 527 shares of the company’s stock worth $38,000 after purchasing an additional 280 shares in the last quarter. 90.78% of the stock is owned by hedge funds and other institutional investors.

About Whirlpool

Whirlpool Corporation is a leading global manufacturer and marketer of home appliances, with a product portfolio that spans major categories such as laundry, refrigeration, cooking, dishwashing and small electrics. Headquartered in Benton Harbor, Michigan, the company designs, produces and distributes its appliances through a network of wholly owned manufacturing facilities, joint ventures and third-party partners. Whirlpool serves both retail and professional markets, offering products under its flagship Whirlpool brand as well as several well-known names including Maytag, KitchenAid, JennAir, Amana, Brastemp and Consul.

In its laundry segment, Whirlpool provides top- and front-load washing machines, dryers and combination units designed to balance energy efficiency, capacity and convenience.