Whirlpool Co. (NYSE:WHR) Receives Consensus Rating of “Hold” from Analysts

Shares of Whirlpool Co. (NYSE:WHR – Get Rating) have been given a consensus rating of “Hold” by the eight research firms that are presently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a sell recommendation and three have given a hold recommendation to the company. The average 12-month price objective among brokers that have issued ratings on the stock in the last year is $158.00.

WHR has been the topic of several research analyst reports. Bank of America lowered shares of Whirlpool from a “neutral” rating to an “underperform” rating and dropped their price objective for the company from $155.00 to $119.00 in a research report on Wednesday, October 26th. Credit Suisse Group reduced their price target on shares of Whirlpool to $157.00 in a research note on Thursday, October 20th. StockNews.com initiated coverage on shares of Whirlpool in a report on Wednesday, October 12th. They set a “hold” rating for the company. JPMorgan Chase & Co. lowered their price target on shares of Whirlpool from $145.00 to $137.00 and set a “neutral” rating for the company in a report on Tuesday, December 20th. Finally, The Goldman Sachs Group reiterated a “neutral” rating and issued a $160.00 price objective on shares of Whirlpool in a research note on Thursday, November 17th.

Institutional Inflows and Outflows

Institutional investors have recently modified their holdings of the stock. TD Capital Management LLC purchased a new stake in shares of Whirlpool during the third quarter valued at approximately $28,000. Tobam purchased a new stake in shares of Whirlpool during the third quarter valued at $30,000. Jones Financial Companies Lllp purchased a new stake in shares of Whirlpool during the second quarter valued at $31,000. Total Clarity Wealth Management Inc. purchased a new position in Whirlpool in the second quarter worth about $33,000. Finally, Cambridge Trust Co. lifted its position in shares of Whirlpool by 119.6% during the 2nd quarter. Cambridge Trust Co. now owns 224 shares of the company’s stock valued at $35,000 after buying an additional 122 shares in the last quarter. 92.14% of the stock is currently owned by institutional investors.

Whirlpool Stock Performance

Shares of WHR opened at $152.73 on Wednesday. Whirlpool has a 12 month low of $124.43 and a 12 month high of $214.10. The firm has a fifty day simple moving average of $146.52 and a 200 day simple moving average of $150.39. The stock has a market capitalization of $8.32 billion, a price-to-earnings ratio of 24.59 and a beta of 1.49. The company has a current ratio of 1.16, a quick ratio of 0.74 and a debt-to-equity ratio of 1.09.

About Whirlpool

(Get Rating)

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 and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.