Whirlpool (NYSE:WHR) Price Target Raised to $150.00

Whirlpool (NYSE:WHR) had its target price boosted by Buckingham Research from $135.00 to $150.00 in a research report sent to investors on Wednesday, The Fly reports. The firm currently has a neutral rating on the stock.

A number of other research firms also recently weighed in on WHR. Longbow Research upgraded Whirlpool from a neutral rating to a buy rating and set a $178.00 target price for the company in a research report on Friday, May 10th. ValuEngine upgraded China Southern Airlines from a sell rating to a hold rating in a research report on Tuesday, June 11th. Finally, Zacks Investment Research upgraded Zymeworks from a hold rating to a buy rating and set a $19.00 target price for the company in a research report on Saturday, April 27th. Three analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. The stock presently has an average rating of Hold and an average target price of $140.09.

WHR opened at $148.19 on Wednesday. The firm has a market capitalization of $9.52 billion, a P/E ratio of 9.78, a price-to-earnings-growth ratio of 1.92 and a beta of 1.80. The company has a debt-to-equity ratio of 1.29, a current ratio of 0.83 and a quick ratio of 0.53. Whirlpool has a 1-year low of $99.40 and a 1-year high of $154.79. The business has a 50 day moving average price of $137.92.



Whirlpool (NYSE:WHR) last released its earnings results on Monday, April 22nd. The company reported $3.11 earnings per share for the quarter, topping analysts’ consensus estimates of $3.04 by $0.07. The firm had revenue of $4.76 billion during the quarter, compared to the consensus estimate of $4.83 billion. Whirlpool had a return on equity of 30.17% and a net margin of 0.93%. The firm’s revenue for the quarter was down 3.1% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.81 earnings per share. As a group, research analysts predict that Whirlpool will post 14.71 earnings per share for the current fiscal year.

Large investors have recently made changes to their positions in the company. Regentatlantic Capital LLC acquired a new stake in shares of Whirlpool during the 1st quarter valued at $236,000. Mercer Global Advisors Inc. ADV acquired a new stake in shares of Whirlpool during the 1st quarter valued at $328,000. Miramar Capital LLC acquired a new stake in shares of Whirlpool during the 4th quarter valued at $308,000. Geode Capital Management LLC lifted its position in shares of Whirlpool by 7.2% during the 4th quarter. Geode Capital Management LLC now owns 857,618 shares of the company’s stock valued at $91,496,000 after acquiring an additional 57,356 shares during the last quarter. Finally, Securian Asset Management Inc lifted its position in shares of Whirlpool by 2.1% during the 1st quarter. Securian Asset Management Inc now owns 6,556 shares of the company’s stock valued at $871,000 after acquiring an additional 132 shares during the last quarter. Institutional investors own 94.26% of the company’s stock.

Whirlpool Company Profile

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.

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