Whirlpool (NYSE:WHR) Downgraded by Financial institution of America

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Whirlpool (NYSE: WHR – Get Rankings) In a analysis notice issued on Wednesday, Financial institution of America analysis analysts downgraded it from a “impartial” score to an “underperform” score, reviews Marketbeat.com. He at present has a value goal of $119.00 on the inventory, which is nicely under his earlier value goal of $155.00. A Financial institution of America value goal would point out a attainable decline of 14.02% from the present value of the inventory.

Different analysts have additionally just lately launched analysis reviews in regards to the inventory. JPMorgan Chase & Co. lowered its goal value on Whirlpool shares from $227.00 to $191.00 in a report on Friday, July 15. StockNews.com started protection on Whirlpool’s shares in a analysis report on Wednesday, October 12. He set a “maintain” score for the corporate. The Avenue lower Whirlpool from a “B” score to a “C+” score in a analysis notice on Monday, July 25. Lastly, Credit score Suisse Group lowered its worth goal on Whirlpool to $157.00 in a analysis report on Thursday, October 20. Two analysts have rated the inventory with promote score, two have given maintain score and two have given purchase score to the corporate’s inventory. In keeping with MarketBeat, the inventory at present has a consensus score of “Maintain” and a consensus value goal of $174.00.

Whirlpool inventory down 1.1%

WHR inventory was buying and selling down $1.51 at $138.40 throughout afternoon buying and selling on Wednesday. The corporate’s inventory had a buying and selling quantity of 38,304 shares as in opposition to a median quantity of 969,243. The agency’s 50-day easy transferring common is at $146.24 and the 200-day easy transferring common is $162.08. The agency has a market capitalization of $7.54 billion, a P/E ratio of twenty-two.30, a PEG ratio of 1.44 and a beta of 1.55. The corporate has a fast ratio of 0.74, a present ratio of 1.16 and a debt-to-equity ratio of 1.09. Whirlpool has a 52-week low of $124.43 and a 52-week excessive of $245.44.

Whirlpool (NYSE: WHR – GET RATINGS) final launched its earnings outcomes on Friday, October 21. The corporate reported earnings per share (EPS) of $4.49 for the quarter, lacking analysts’ consensus estimate of $5.76 ($1.27). The corporate’s income for the quarter stood at $4.78 billion, in keeping with analysts’ expectations of $5.15 billion. Whirlpool had a web margin of 1.86% and a return on fairness of 27.65%. The corporate’s income for the quarter was down 12.8% on a year-over-year foundation. Throughout the identical quarter final 12 months, the enterprise posted earnings of $6.68 per share. As a gaggle, fairness analysts anticipate Whirlpool to put up 19.15 EPS for the present 12 months.

Institutional influx and outflow

A number of institutional traders have just lately elevated or decreased their stake within the firm. Ritholtz Wealth Administration elevated its stake in Whirlpool to 50.3% within the first quarter. After buying a further 710 shares throughout this era, Ritholtz Wealth Administration now owns 2,121 shares of the corporate’s inventory, valued at $366,000. IFM Buyers Pvt Ltd elevated its stake in Whirlpool by 9.3% throughout the first quarter. After buying a further 783 shares throughout the earlier quarter, IFM Buyers Pty Ltd now holds 9,225 shares of the corporate’s inventory, valued at $1,594,000. AE Wealth Administration LLC raised its stake in Whirlpool’s shares by 69.7% within the first quarter. After buying a further 693 shares throughout the earlier quarter, AE Wealth Administration LLC now owns 1,687 shares of the corporate’s inventory, valued at $291,000. Kwmg LLC raised its stake in Whirlpool shares by 3.9% within the first quarter. After buying a further 758 shares throughout this era, Kwmg LLC now holds 20,135 shares of the Firm’s inventory, valued at $3,479,000. Lastly, TCW Group Inc. raised its stake in Whirlpool shares by 6.4% throughout the first quarter. After buying a further 1,474 shares throughout the earlier quarter, TCW Group Inc. now owns 24,353 shares of the corporate’s inventory, valued at $4,208,000. Institutional traders and hedge funds maintain 96.37% of the corporate’s inventory.

About Whirlpool

(get score)

Whirlpool Company manufactures and markets dwelling home equipment and associated merchandise. It operates by 4 segments: North America; Europe, the Center East and Africa; Latin America; and Asia. The corporate’s main merchandise embody fridges, freezers, ice makers and fridge water filters; Laundry tools and associated laundry items; cooking and different small family home equipment; and dishwasher tools and associated equipment, in addition to mixers.

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