Analysts expect Whirlpool Co. (NYSE:WHR) to post earnings of $5.84 per share

Wall Street brokers expect Whirlpool Co. (NYSE:WHR) to report earnings of $5.84 per share for the current fiscal quarter, Zacks Investment Research reports. Three analysts provided earnings estimates for Whirlpool, with the highest EPS estimate of $6.02 and the lowest estimate of $5.72. Whirlpool reported earnings of $6.64 per share in the same quarter last year, indicating a negative 12% year-over-year growth rate. The company is expected to announce its next quarterly earnings report after the market closes on Wednesday, January 26.

According to Zacks, analysts expect Whirlpool to report annual earnings of $26.38 per share for the current fiscal year, with EPS estimates ranging from $26.25 to $26.57. For next year, analysts expect the company to post earnings of $24.80 per share, with EPS estimates ranging from $23.50 to $26.68. Zacks EPS averages are an average based on a survey of sell-side research analysts who track Whirlpool.

Whirlpool Inc (NYSE:WHR) last released its quarterly results on Wednesday, October 20. The company reported EPS of $6.68 for the quarter, beating the consensus estimate of $6.15 by $0.53. The company posted revenue of $5.49 billion in the quarter, versus $5.65 billion expected by analysts. Whirlpool had a return on equity of 34.36% and a net margin of 9.02%. In the same quarter a year earlier, the company posted EPS of $6.91.

WHR has been the subject of a number of recent analyst reports. Royal Bank of Canada downgraded Whirlpool from an ‘performing the sector’ rating to an ‘underperforming’ rating and lowered its price target for the company from $208.00 to $190.00 in a report from Monday, October 25. Bank of America lowered its price target on Whirlpool from $250.00 to $240.00 and set a “neutral” rating on the stock in a Monday, October 25 research report. One research analyst rated the stock with a sell rating, one gave the stock a hold rating, and three gave the stock a buy rating. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $227.23.

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In related news, director Gary T. Dicamillo sold 1,000 shares of Whirlpool in a trade dated Monday, November 1. The stock was sold at an average price of $211.67, for a total value of $211,670.00. The transaction was disclosed in an SEC filing, available at this link. Insiders of the company own 1.35% of the shares of the company.

Institutional investors have recently been buying and selling shares of the stock. Spire Wealth Management increased its holdings of Whirlpool shares by 18.3% during the fourth quarter. Spire Wealth Management now owns 589 shares of the company worth $131,000 after acquiring 91 additional shares during the period. BKD Wealth Advisors LLC increased its holdings of Whirlpool shares by 4.6% during the fourth quarter. BKD Wealth Advisors LLC now owns 1,032 shares of the company worth $242,000 after acquiring 45 additional shares during the period. Trinity Legacy Partners LLC increased its holdings of Whirlpool shares by 1.8% during the fourth quarter. Trinity Legacy Partners LLC now owns 15,734 shares of the company worth $3,692,000 after acquiring an additional 283 shares during the period. Moody’s National Bank Trust Division increased its holdings of Whirlpool shares by 11.2% during the fourth quarter. Moody’s National Bank Trust Division now owns 1,111 shares of the company worth $261,000 after acquiring 112 additional shares during the period. Finally, DNB Asset Management AS increased its holdings of Whirlpool shares by 109.0% during the fourth quarter. DNB Asset Management AS now owns 34,074 shares of the company worth $7,996,000 after acquiring an additional 17,769 shares during the period. Institutional investors and hedge funds hold 94.24% of the company’s shares.

Shares of WHR opened at $217.02 on Tuesday. Whirlpool has a 1-year minimum of $180.44 and a 1-year maximum of $257.68. The company has a current ratio of 1.17, a quick ratio of 0.83 and a debt ratio of 0.97. The stock has a 50-day simple moving average of $228.16 and a 200-day simple moving average of $220.30. The stock has a market capitalization of $13.18 billion, a PE ratio of 6.95, a PEG ratio of 1.03 and a beta of 1.75.

Whirlpool Company Profile

Whirlpool Corp. is engaged in the manufacture and marketing of home appliances. Its products include household laundry appliances, refrigerators and freezers, cooking appliances, household dishwashers and air conditioning equipment, blenders and portable home appliances. The Company’s brands include Whirlpool, KitchenAid, Maytag, Consul, Brastemp, Amana, Bauknecht, JennAir and Indesit.

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