Analysts Set Whirlpool Co. (NYSE:WHR) PT at $141.09
Shares of Whirlpool Co. (NYSE:WHR) have been assigned a consensus rating of “Hold” from the thirteen analysts that are presently covering the stock, Marketbeat reports. Three research analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have assigned a buy recommendation to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is $141.09.
Several equities analysts have weighed in on WHR shares. Buckingham Research lifted their price objective on Whirlpool from $135.00 to $150.00 and gave the company a “neutral” rating in a report on Wednesday, July 17th. Longbow Research set a $178.00 price objective on Whirlpool and gave the company a “buy” rating in a report on Friday, August 2nd. Zacks Investment Research raised Whirlpool from a “hold” rating to a “buy” rating and set a $147.00 price objective for the company in a report on Thursday, August 22nd. Gabelli reaffirmed a “hold” rating on shares of Whirlpool in a report on Wednesday, July 24th. Finally, TheStreet raised Whirlpool from a “c+” rating to a “b-” rating in a report on Monday, July 22nd.
In other news, CFO James W. Peters sold 650 shares of the business’s stock in a transaction on Thursday, August 1st. The stock was sold at an average price of $146.51, for a total transaction of $95,231.50. Following the completion of the transaction, the chief financial officer now owns 18,569 shares of the company’s stock, valued at approximately $2,720,544.19. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. 0.91% of the stock is currently owned by insiders.
NYSE:WHR traded up $0.71 during mid-day trading on Friday, hitting $149.28. 250,315 shares of the stock were exchanged, compared to its average volume of 573,994. The stock has a market capitalization of $9.67 billion, a price-to-earnings ratio of 9.85, a price-to-earnings-growth ratio of 1.92 and a beta of 1.82. The firm’s 50-day simple moving average is $139.74 and its 200 day simple moving average is $137.42. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.54 and a current ratio of 0.84. Whirlpool has a fifty-two week low of $99.40 and a fifty-two week high of $153.22.
Whirlpool (NYSE:WHR) last released its quarterly earnings results on Monday, July 22nd. The company reported $4.01 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $3.80 by $0.21. The business had revenue of $5.20 billion during the quarter, compared to analysts’ expectations of $5.03 billion. Whirlpool had a return on equity of 30.55% and a net margin of 4.39%. The firm’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same period last year, the firm posted $3.20 EPS. On average, analysts predict that Whirlpool will post 15.12 EPS for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Sunday, September 15th. Stockholders of record on Friday, August 30th were issued a dividend of $1.20 per share. The ex-dividend date of this dividend was Thursday, August 29th. This represents a $4.80 dividend on an annualized basis and a dividend yield of 3.22%. Whirlpool’s dividend payout ratio (DPR) is currently 31.66%.
Whirlpool Company Profile
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 appliances and other small domestic appliances; and dishwasher appliances and related accessories.
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