In yesterday’s Wall Street session, Whirlpool Corp. (NYSE:WHR) shares traded at $105.12, down -0.53% from the previous session.
WHR stock price is now -5.54% away from the 50-day moving average and -16.57% away from the 200-day moving average. The market capitalization of the company currently stands at $5.72B.
With the price target of $140, Loop Capital recently initiated with Buy rating for Whirlpool Corp. (NYSE: WHR). , while ‘Goldman’ rates the stock as ‘Buy’
In other news, Bitzer Marc R, CHAIRMAN AND CEO sold 20,000 shares of the company’s stock on Jul 28 ’23. The stock was sold for $2,863,600 at an average price of $143.18. Upon completion of the transaction, the CHAIRMAN AND CEO now directly owns 138,583 shares in the company, valued at $14.57 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Jul 28 ’23, EXEC VICE PRESIDENT AND CFO Peters James W sold 6,000 shares of the business’s stock. A total of $858,720 was realized by selling the stock at an average price of $143.12. This leaves the insider owning 40,764 shares of the company worth $4.29 million. A total of 2.79% of the company’s stock is owned by insiders.
During the past 12 months, Whirlpool Corp. has had a low of $98.40 and a high of $160.62. As of last week, the company has a debt-to-equity ratio of 3.32, a current ratio of 0.89, and a quick ratio of 0.57. The fifty day moving average price for WHR is $111.03 and a two-hundred day moving average price translates $125.85 for the stock.
The latest earnings results from Whirlpool Corp. (NYSE: WHR) was released for Dec, 2023. According to the Furnishings, Fixtures & Appliances Company, earnings per share came in at $3.85, beating analysts’ expectations of $3.56 by 0.29. This compares to -$28.48 EPS in the same period last year. The net profit margin was 2.47% and return on equity was 20.43% for WHR. The company reported revenue of $5.09 billion for the quarter, compared to $4.92 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 3.35 percent. For the current quarter, analysts expect WHR to generate $4.44B in revenue.
Whirlpool Corp.(WHR) 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. It markets and distributes its products primarily under the Whirlpool, Maytag, KitchenAid, JennAir, Consul, Brastemp, Amana, Bauknecht, Hotpoint, Indesit, InSinkErator, Yummly, Affresh, Gladiator, Swash, everydrop, Ignis, Privileg, Eslabon de Lujo, and Acros brands. The company sells its products to retailers, distributors, dealers, builders, and other manufacturers, as well as directly to consumers. Whirlpool Corporation was founded in 1911 and is headquartered in Benton Harbor, Michigan.
