According to the information provided by Bloomberg.com, the eight research analysts currently covering Whirlpool Co (NYSE: WHR) have collectively assigned the stock a rating of “Reduce,” which is the recommendation with the least amount of positive weight.
The stock has received a “sell” recommendation from four separate analysts, while it has a “hold” recommendation from three other industry professionals. On average, financial analysts who have commented on the stock in the preceding year have projected that the stock will reach a price of $145.00 within the next 12 months and have set a price objective for the stock in that range.
Additional information includes the fact that Vice President Christopher S. Conley sold 1,535 shares of Whirlpool stock on February 14 and the……………………………………………..
Because of the transaction, the vice president of the company now owns 2,384 shares of the company.
Based on the current market price, these shares have a value of approximately $350,924.80. You will be taken to a legal file submitted to the SEC if you click on the link we provided, where you will find additional information regarding the sale. 1.33 company insiders own a percent of the total shares currently outstanding.
WHR reports can be obtained from various research companies thanks to their efforts. JPMorgan Chase & Co lowered their price target on Whirlpool stock from $145.00 to $137.00 and assigned it a “neutral” rating in a research report published on Tuesday, December 20. StockNews.com previously recommended Whirlpool with a “hold” rating; however, in a report published on Friday, March 10, the website changed its recommendation to reflect a “sell” rating. Goldman Sachs Group reaffirmed a “neutral” rating on Whirlpool shares and set a price objective of $160.00 for the company’s stock in a public research report on Thursday, November 17.
In addition, the firm set a price target of $160.00 for the company’s stock.
In a research note published on Thursday, February 2, the investment banking firm Credit Suisse Group raised their price objective on Whirlpool stock from $140.00 to $150.00, assigning the company a “neutral” rating. Finally, but certainly not least, the Royal Bank of Canada increased its price objective on Whirlpool shares from $108.00 to $118.00 while maintaining its “underperform” rating on the company.
The research note was made available for public consumption on February 1.
Recent months have seen numerous institutional investors, including hedge funds, make adjustments to the stock holdings they have traditionally maintained in their portfolios.
During the third quarter, MML Investment Services LLC added 12.3% more Whirlpool stock to its portfolio than in the previous quarter. Following the purchase of an additional 675 shares during the above period, MML Investment Services LLC now owns 6,143 shares of the company’s stock, which have an aggregate value of $828,000.
This brings the total number of shares owned by the company to 6,143.
The Hancock Whitney Corporation made a brand-new investment in Whirlpool with a total value of $1,384,000 during the third quarter of the fiscal year.
During the third quarter, Advisors Capital Management LLC was able to amass 19.3% more Whirlpool Corporation stock shares than before.
After purchasing an additional 7,991 shares during the most recent quarter, Advisers Capital Management LLC now directly owns 49,488 shares of the company’s stock, valued at $7,569,000.
This brings the total number of shares directly owned by the company to 49,488.
During the third quarter, Allstate Corporation completed an 18.5% increase in Whirlpool stock held in its portfolio.
After making an additional purchase of 652 shares during the most recent quarter, Allstate Corporation now owns 4,183 shares in the company, which have a combined value of $564,000 after the transaction (as of last reporting).
Last but not least, during the second quarter, Natixis Investment Managers International increased its stake in Whirlpool by contributing an additional $401,000 to the company’s coffers by purchasing additional shares. Financial institutions hold most of the company’s stock, accounting for 92.14 percent.
NYSE: WHR shares started the trading day on Thursday for $128.78 each.
The debt-to-equity ratio comes in at 2.94, the quick ratio at 0.73, the current ratio at 1.08, and the quick ratio at 1.08.
The company’s current price, which is trading at $145.86, is higher than its 50-day and 200-day simple moving averages, which are both $144.59, respectively. Within the past 12 months, Whirlpool’s prices have fluctuated between a low of $124.43 and a high of $199.07, with an average price of $164.43.
The company’s market capitalization is $7.02 billion, while its price-to-earnings ratio is -4.59 and its beta is 1.51, respectively.
Whirlpool (NYSE: WHR) disclosed its most recent financial results to the general public on January 31.
The company reported earnings per share (EPS) for the quarter to be $3.89, $0.60 more than analysts’ consensus estimate of $3.29. Whirlpool had a return on equity of 27.98% and a net margin of 7.71% for the company overall.
The company’s most recent quarter’s revenue came in at $4.92 billion, which is consistent with the average prediction of $4.92 billion in revenue for that quarter.
The company reported $6.14 per share for the same period as the previous year. Whirlpool experienced a decrease in quarterly revenue of 15.3% compared to the same quarter in the prior year. Sell-side analysts forecast that Whirlpool will generate 16.68 cents per share during the fiscal year.