Whirlpool Co. (WHR) Receives $137.60 Consensus Price Target from Analysts

Whirlpool Co. (NYSE:WHR) has been given a consensus rating of “Hold” by the twelve ratings firms that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have given a buy recommendation to the company. The average 1-year target price among brokerages that have issued ratings on the stock in the last year is $137.60.

Several research analysts have weighed in on the stock. Longbow Research upgraded shares of Whirlpool from a “neutral” rating to a “buy” rating and set a $178.00 price objective on the stock in a research note on Friday. ValuEngine upgraded shares of Whirlpool from a “sell” rating to a “hold” rating in a research note on Wednesday, May 1st. Zacks Investment Research lowered shares of Whirlpool from a “hold” rating to a “sell” rating in a research note on Saturday, April 27th. Raymond James reiterated a “hold” rating on shares of Whirlpool in a research note on Monday, March 18th. Finally, Royal Bank of Canada lowered shares of Whirlpool from a “sector perform” rating to an “underperform” rating and set a $134.60 price objective on the stock. in a research note on Wednesday, January 30th.

Whirlpool stock opened at $128.08 on Friday. The company has a market capitalization of $8.11 billion, a price-to-earnings ratio of 8.45, a P/E/G ratio of 1.70 and a beta of 1.61. The company has a current ratio of 0.83, a quick ratio of 0.53 and a debt-to-equity ratio of 1.29. Whirlpool has a twelve month low of $99.40 and a twelve month high of $167.54.



Whirlpool (NYSE:WHR) last released its quarterly earnings data on Monday, April 22nd. The company reported $3.11 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $3.04 by $0.07. The firm had revenue of $4.76 billion for the quarter, compared to analyst estimates of $4.83 billion. Whirlpool had a net margin of 0.93% and a return on equity of 30.17%. The company’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.81 EPS. Equities research analysts forecast that Whirlpool will post 14.7 earnings per share for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Saturday, June 15th. Shareholders of record on Friday, May 17th will be given a $1.20 dividend. This represents a $4.80 annualized dividend and a yield of 3.75%. This is an increase from Whirlpool’s previous quarterly dividend of $1.15. The ex-dividend date is Thursday, May 16th. Whirlpool’s payout ratio is currently 30.34%.

A number of hedge funds have recently bought and sold shares of the business. Vanguard Group Inc grew its position in Whirlpool by 0.9% in the third quarter. Vanguard Group Inc now owns 6,780,498 shares of the company’s stock worth $805,183,000 after acquiring an additional 62,275 shares in the last quarter. Oregon Public Employees Retirement Fund grew its position in Whirlpool by 9,212.2% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 3,303,672 shares of the company’s stock worth $31,000 after acquiring an additional 3,268,195 shares in the last quarter. American International Group Inc. grew its position in Whirlpool by 8,342.6% in the fourth quarter. American International Group Inc. now owns 3,119,608 shares of the company’s stock worth $333,393,000 after acquiring an additional 3,082,657 shares in the last quarter. LSV Asset Management grew its position in Whirlpool by 6.6% in the first quarter. LSV Asset Management now owns 2,336,988 shares of the company’s stock worth $310,562,000 after acquiring an additional 145,582 shares in the last quarter. Finally, Barrow Hanley Mewhinney & Strauss LLC grew its position in Whirlpool by 0.6% in the fourth quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 2,002,664 shares of the company’s stock worth $214,024,000 after acquiring an additional 11,260 shares in the last quarter. 94.52% of the stock is owned by institutional investors.

About Whirlpool

Whirlpool Corporation manufactures and markets home appliances and related products. It operates through four segments: North America; Europe, Middle East and Africa; Latin America; and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances and related laundry accessories; cooking appliances and other small domestic appliances; and dishwasher appliances and related accessories.

See Also: Compound Annual Growth Rate (CAGR)

Analyst Recommendations for Whirlpool (NYSE:WHR)

Receive News & Ratings for Whirlpool Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Whirlpool and related companies with MarketBeat.com's FREE daily email newsletter.