Whirlpool (NYSE:WHR) Hits New 52-Week Low – Here’s Why

Whirlpool Corporation (NYSE:WHR) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $32.86 and last traded at $33.0210, with a volume of 4123927 shares traded. The stock had previously closed at $34.00.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. Royal Bank Of Canada increased their price target on Whirlpool from $30.00 to $32.00 and gave the company an “underperform” rating in a report on Wednesday, August 5th. Bank of America cut their target price on Whirlpool from $38.00 to $31.00 and set an “underperform” rating on the stock in a research report on Friday, September 11th. Raymond James Financial reiterated a “market perform” rating on shares of Whirlpool in a research note on Wednesday, August 19th. Citigroup reissued a “neutral” rating on shares of Whirlpool in a research report on Thursday, August 6th. Finally, Wells Fargo & Company dropped their price target on shares of Whirlpool from $42.00 to $39.00 and set an “equal weight” rating for the company in a research note on Friday, September 11th. One equities research analyst has rated the stock with a Buy rating, eight have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, Whirlpool currently has a consensus rating of “Reduce” and an average price target of $45.44.

Whirlpool Stock Up 2.2%

The company has a debt-to-equity ratio of 1.74, a current ratio of 1.15 and a quick ratio of 0.71. The firm’s 50-day moving average price is $39.03 and its 200 day moving average price is $45.02. The firm has a market cap of $2.16 billion, a P/E ratio of 11.35, a PEG ratio of 14.41 and a beta of 1.18.

Whirlpool (NYSE:WHR) last announced its quarterly earnings data on Monday, August 3rd. The company reported ($0.21) earnings per share for the quarter, missing the consensus estimate of ($0.06) by ($0.15). Whirlpool had a net margin of 1.17% and a return on equity of 4.18%. The firm had revenue of $3.52 billion during the quarter, compared to the consensus estimate of $3.55 billion. During the same period in the prior year, the firm earned $1.34 earnings per share. The firm’s quarterly revenue was down 6.8% compared to the same quarter last year. Whirlpool has set its FY 2026 guidance at 2.500-3.000 EPS. On average, equities research analysts expect that Whirlpool Corporation will post 2.25 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Whirlpool

Institutional investors have recently made changes to their positions in the company. Kelleher Financial Advisors acquired a new position in Whirlpool during the 2nd quarter valued at approximately $28,000. Silvant Capital Management LLC acquired a new stake in Whirlpool in the second quarter worth $29,000. AlphaCore Capital LLC lifted its stake in Whirlpool by 712.2% in the fourth quarter. AlphaCore Capital LLC now owns 601 shares of the company’s stock valued at $43,000 after buying an additional 527 shares during the last quarter. Leonteq Securities AG bought a new stake in Whirlpool in the fourth quarter valued at $44,000. Finally, SJS Investment Consulting Inc. acquired a new position in shares of Whirlpool during the first quarter valued at $45,000. 90.78% of the stock is currently owned by institutional investors.

Whirlpool Company Profile

Whirlpool Corporation is a global manufacturer and marketer of home appliances. The company develops products designed for food preservation, laundry, cooking, dishwashing and other household needs, serving consumers through retail, e-commerce and builder channels.

Its product portfolio includes refrigerators and freezers, washing machines and dryers, ranges and ovens, dishwashers, microwaves and other kitchen appliances. Whirlpool markets products under brands including Whirlpool, Maytag, KitchenAid, Amana and JennAir, with brand availability varying by market.

Founded in 1911 as the Upton Machine Company, Whirlpool is headquartered in Benton Harbor, Michigan.