Whirlpool (NYSE:WHR) Reaches New 12-Month Low – Here’s Why

Whirlpool Corporation (NYSE:WHR)’s stock price hit a new 52-week low on Tuesday . The company traded as low as $31.52 and last traded at $32.75, with a volume of 3048563 shares. The stock had previously closed at $31.97.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. Royal Bank Of Canada lifted their price objective on shares of Whirlpool from $30.00 to $32.00 and gave the stock an “underperform” rating in a research report on Wednesday, August 5th. Zacks Research upgraded shares of Whirlpool from a “strong sell” rating to a “hold” rating in a research note on Thursday, August 6th. Wells Fargo & Company cut their price objective on Whirlpool from $42.00 to $39.00 and set an “equal weight” rating on the stock in a research note on Friday, September 11th. Citigroup reissued a “neutral” rating on shares of Whirlpool in a research report on Thursday, August 6th. Finally, Stifel Nicolaus cut their target price on shares of Whirlpool from $45.00 to $37.00 and set a “hold” rating for the company in a research note on Thursday, July 23rd. One investment analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Whirlpool has a consensus rating of “Reduce” and a consensus price target of $45.44.

Whirlpool Stock Performance

The company has a current ratio of 1.15, a quick ratio of 0.71 and a debt-to-equity ratio of 1.74. The firm has a market capitalization of $2.14 billion, a price-to-earnings ratio of 11.26, a PEG ratio of 14.92 and a beta of 1.18. The stock has a fifty day moving average price of $38.52 and a 200-day moving average price of $44.21.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Monday, August 3rd. The company reported ($0.21) earnings per share 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 the consensus estimate of $3.55 billion. Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The business’s revenue was down 6.8% on a year-over-year basis. During the same quarter last year, the company earned $1.34 earnings per share. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. As a group, analysts anticipate that Whirlpool Corporation will post 2.25 earnings per share for the current fiscal year.

Institutional Trading of Whirlpool

Hedge funds have recently modified their holdings of the company. Primecap Management Co. CA acquired a new position in shares of Whirlpool in the 2nd quarter worth approximately $141,801,000. RWWM Inc. raised its position in Whirlpool by 191.6% in the 1st quarter. RWWM Inc. now owns 2,422,618 shares of the company’s stock valued at $130,628,000 after purchasing an additional 1,591,849 shares during the last quarter. Geode Capital Management LLC raised its position in Whirlpool by 2.3% in the 4th quarter. Geode Capital Management LLC now owns 1,279,044 shares of the company’s stock valued at $92,472,000 after purchasing an additional 29,162 shares during the last quarter. Canada Pension Plan Investment Board acquired a new position in Whirlpool in the second quarter worth $61,003,000. Finally, Nykredit A S acquired a new position in Whirlpool in the second quarter worth $51,953,000. Institutional investors and hedge funds own 90.78% of the company’s stock.

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.