Whirlpool (NYSE:WHR) Shares Gap Up – Should You Buy?

Whirlpool Corporation (NYSE:WHR – Get Free Report) gapped up prior to trading on Tuesday. The stock had previously closed at $26.46, but opened at $27.38. Whirlpool shares last traded at $27.6750, with a volume of 362,298 shares changing hands.

Analyst Ratings Changes

Several equities analysts recently weighed in on the stock. Wall Street Zen raised shares of Whirlpool from a “strong sell” rating to a “sell” rating in a research note on Saturday, August 8th. The Goldman Sachs Group dropped their price target on shares of Whirlpool from $48.00 to $41.00 and set a “neutral” rating on the stock in a research report on Monday, October 12th. Raymond James Financial reaffirmed a “market perform” rating on shares of Whirlpool in a research report on Wednesday, August 19th. BNP Paribas Exane started coverage on shares of Whirlpool in a research note on Monday, July 13th. They issued a “neutral” rating and a $43.00 price target for the company. Finally, Citigroup decreased their price objective on shares of Whirlpool from $48.00 to $32.00 and set a “neutral” rating for the company in a research report on Monday, October 12th. Nine analysts have rated the stock with a Hold rating and four have given a Sell rating to the company. According to MarketBeat, Whirlpool currently has an average rating of “Reduce” and a consensus price target of $36.44.

Get Our Latest Report on Whirlpool

Whirlpool Stock Performance

The firm has a market cap of $1.86 billion, a price-to-earnings ratio of 9.75, a price-to-earnings-growth ratio of 12.40 and a beta of 1.21. The stock’s 50 day moving average is $35.01 and its 200 day moving average is $40.95. 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 (NYSE:WHR – Get Free Report) last announced its 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 firm had revenue of $3.52 billion for the quarter, compared to the consensus estimate of $3.55 billion. Whirlpool had a return on equity of 4.18% and a net margin of 1.17%. Whirlpool’s revenue for the quarter was down 6.8% on a year-over-year basis. During the same quarter last year, the business posted $1.34 EPS. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. Analysts anticipate that Whirlpool Corporation will post 2.25 earnings per share for the current year.

Institutional Investors Weigh In On Whirlpool

Several institutional investors have recently made changes to their positions in WHR. NFSG Corp lifted its stake in shares of Whirlpool by 19.8% in the 3rd quarter. NFSG Corp now owns 5,920 shares of the company’s stock valued at $182,000 after purchasing an additional 980 shares during the period. TT Capital Management LLC bought a new stake in shares of Whirlpool during the 3rd quarter valued at about $334,000. Fortitude Family Office LLC acquired a new stake in Whirlpool during the third quarter worth approximately $29,000. GAMMA Investing LLC grew its stake in Whirlpool by 14.9% during the third quarter. GAMMA Investing LLC now owns 3,061 shares of the company’s stock worth $94,000 after purchasing an additional 398 shares during the period. Finally, Farther Finance Advisors LLC grew its stake in Whirlpool by 171.2% during the third quarter. Farther Finance Advisors LLC now owns 4,705 shares of the company’s stock worth $144,000 after purchasing an additional 2,970 shares during the period. 90.78% of the stock is currently owned by institutional investors.

Whirlpool Company Profile

(Get Free Report)

Whirlpool Corporation is a global manufacturer and marketer of home appliances, serving consumers through a portfolio of well-known brands that includes Whirlpool, Maytag, KitchenAid, Amana and JennAir. Its products are sold through retailers, distributors and other channels to residential customers in multiple markets.

The company’s primary product categories include refrigerators and freezers, cooking appliances, dishwashers, washing machines and dryers. Through KitchenAid and other brands, Whirlpool also offers small domestic appliances and related products designed for food preparation and household use.

Whirlpool traces its history to 1911, when the Upton Machine Company began producing electric washing machines.

Further Reading

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