Whirlpool (NYSE:WHR) Reaches New 52-Week Low – Time to Sell?

Whirlpool Corporation (NYSE:WHR) hit a new 52-week low on Thursday . The company traded as low as $68.75 and last traded at $71.18, with a volume of 1238264 shares trading hands. The stock had previously closed at $70.50.

Analyst Upgrades and Downgrades

WHR has been the topic of a number of recent analyst reports. Zacks Research raised Whirlpool from a “strong sell” rating to a “hold” rating in a research report on Tuesday, September 30th. Weiss Ratings restated a “sell (d)” rating on shares of Whirlpool in a research note on Wednesday, October 8th. The Goldman Sachs Group cut their price target on shares of Whirlpool from $107.00 to $93.00 and set a “buy” rating on the stock in a report on Monday, October 13th. Loop Capital reissued a “hold” rating and set a $88.00 price objective on shares of Whirlpool in a report on Monday, August 4th. Finally, Royal Bank Of Canada restated an “underperform” rating on shares of Whirlpool in a research note on Wednesday, October 29th. Two analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus price target of $86.43.

Whirlpool Stock Down 1.2%

The company has a quick ratio of 0.46, a current ratio of 0.86 and a debt-to-equity ratio of 2.33. The firm’s 50 day simple moving average is $79.69 and its 200 day simple moving average is $85.55. The company has a market cap of $3.80 billion, a price-to-earnings ratio of -20.13 and a beta of 1.18.

Whirlpool (NYSE:WHR) last announced its quarterly earnings results on Monday, October 27th. The company reported $2.09 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.41 by $0.68. The company had revenue of $4.03 billion during the quarter, compared to analyst estimates of $3.92 billion. Whirlpool had a positive return on equity of 19.49% and a negative net margin of 1.18%.The firm’s quarterly revenue was up 1.0% on a year-over-year basis. During the same quarter in the previous year, the firm posted $3.43 EPS. Whirlpool has set its FY 2025 guidance at EPS. Sell-side analysts anticipate that Whirlpool Corporation will post 9.52 EPS for the current fiscal year.

Whirlpool Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Friday, November 21st will be issued a $0.90 dividend. The ex-dividend date is Friday, November 21st. This represents a $3.60 annualized dividend and a dividend yield of 5.3%. Whirlpool’s dividend payout ratio (DPR) is -107.14%.

Hedge Funds Weigh In On Whirlpool

Several hedge funds have recently modified their holdings of WHR. Cheviot Value Management LLC bought a new position in Whirlpool during the first quarter valued at about $36,000. EverSource Wealth Advisors LLC grew its stake in shares of Whirlpool by 129.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 369 shares of the company’s stock worth $37,000 after purchasing an additional 208 shares during the last quarter. Ransom Advisory Ltd acquired a new stake in Whirlpool during the first quarter valued at approximately $38,000. HHM Wealth Advisors LLC boosted its holdings in Whirlpool by 77.2% during the first quarter. HHM Wealth Advisors LLC now owns 560 shares of the company’s stock worth $50,000 after buying an additional 244 shares in the last quarter. Finally, Legend Financial Advisors Inc. acquired a new position in Whirlpool in the second quarter worth approximately $51,000. 90.78% of the stock is currently owned by institutional investors and hedge funds.

Whirlpool Company Profile

Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.