Whirlpool (NYSE:WHR) is set to release its earnings data after the market closes on Wednesday, October 24th. Analysts expect Whirlpool to post earnings of $4.20 per share for the quarter.
Whirlpool (NYSE:WHR) last released its earnings results on Monday, July 23rd. The company reported $3.20 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.63 by ($0.43). Whirlpool had a negative net margin of 2.62% and a positive return on equity of 20.73%. The firm had revenue of $5.14 billion during the quarter, compared to analyst estimates of $5.29 billion. During the same period in the previous year, the company earned $3.35 earnings per share. Whirlpool’s revenue was down 3.9% on a year-over-year basis. On average, analysts expect Whirlpool to post $14 EPS for the current fiscal year and $16 EPS for the next fiscal year.
NYSE WHR opened at $106.33 on Tuesday. The company has a debt-to-equity ratio of 1.43, a quick ratio of 0.59 and a current ratio of 0.92. Whirlpool has a 1 year low of $102.85 and a 1 year high of $187.47. The firm has a market capitalization of $6.90 billion, a P/E ratio of 7.74, a PEG ratio of 0.83 and a beta of 1.54.
Several research firms recently issued reports on WHR. MKM Partners set a $146.00 target price on Whirlpool and gave the company a “hold” rating in a research report on Tuesday, October 16th. Zacks Investment Research raised Whirlpool from a “sell” rating to a “hold” rating in a research report on Sunday, July 15th. Credit Suisse Group set a $125.00 target price on Whirlpool and gave the company a “buy” rating in a research report on Wednesday, October 17th. Standpoint Research initiated coverage on Whirlpool in a research report on Tuesday, July 10th. They issued a “buy” rating on the stock. Finally, Raymond James cut their price target on Whirlpool from $160.00 to $140.00 and set an “outperform” rating on the stock in a research report on Thursday, October 18th. Three equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and four have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average target price of $154.00.
In related news, Director Diane M. Dietz purchased 1,600 shares of the business’s stock in a transaction on Thursday, July 26th. The shares were bought at an average cost of $124.26 per share, with a total value of $198,816.00. Following the transaction, the director now owns 8,339 shares of the company’s stock, valued at $1,036,204.14. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 2.83% of the stock is currently owned by company insiders.
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 laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other small domestic appliances.
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