Market Update: Whirlpool Corp. (WHR) Sees Positive Movement, Closing at 96.90

Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.

In the latest session, Whirlpool Corp. (NYSE: WHR) closed at $96.90 up 2.43% from its previous closing price of $94.60. In other words, the price has increased by $2.43 from its previous closing price. On the day, 1.57 million shares were traded. WHR stock price reached its highest trading level at $97.26 during the session, while it also had its lowest trading level at $95.3344.

Ratios:

For a deeper understanding of Whirlpool Corp.’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.95. In the meantime, Its Debt-to-Equity ratio is 3.58 whereas as Long-Term Debt/Eq ratio is at 3.16.

Upgrades & Downgrades

In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Loop Capital on February 22, 2024, initiated with a Buy rating and assigned the stock a target price of $140.

Goldman Upgraded its Neutral to Buy on April 11, 2023, whereas the target price for the stock was revised from $170 to $160.

Insider Transactions:

Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Jul 28 ’23 when Bitzer Marc R sold 20,000 shares for $143.18 per share. The transaction valued at 2,863,600 led to the insider holds 138,583 shares of the business.

Peters James W sold 6,000 shares of WHR for $858,720 on Jul 28 ’23. The EXEC VICE PRESIDENT AND CFO now owns 40,764 shares after completing the transaction at $143.12 per share. On May 26 ’23, another insider, Puente Juan Carlos, who serves as the EVP & PRES. WHIRLPOOL LAR of the company, sold 420 shares for $134.16 each. As a result, the insider received 56,347 and left with 17,699 shares of the company.

Valuation Measures:

Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, WHR now has a Market Capitalization of 5294199296 and an Enterprise Value of 12752196608. As of this moment, Whirlpool’s Price-to-Earnings (P/E) ratio for their current fiscal year is 13.42, and their Forward P/E ratio for the next fiscal year is 6.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 0.27 while its Price-to-Book (P/B) ratio in mrq is 2.26. Its current Enterprise Value per Revenue stands at 0.661 whereas that against EBITDA is 9.301.

Stock Price History:

The Beta on a monthly basis for WHR is 1.51, which has changed by -0.30287772 over the last 52 weeks, in comparison to a change of 0.24191546 over the same period for the S&P500. Over the past 52 weeks, WHR has reached a high of $160.62, while it has fallen to a 52-week low of $91.90. The 50-Day Moving Average of the stock is -11.06%, while the 200-Day Moving Average is calculated to be -19.75%.

Shares Statistics:

For the past three months, WHR has traded an average of 1.51M shares per day and 1866330 over the past ten days. A total of 55.00M shares are outstanding, with a floating share count of 52.92M. Insiders hold about 2.82% of the company’s shares, while institutions hold 91.97% stake in the company. Shares short for WHR as of 1713139200 were 7086768 with a Short Ratio of 4.69, compared to 1710460800 on 7670121. Therefore, it implies a Short% of Shares Outstanding of 7086768 and a Short% of Float of 14.930001.

Dividends & Splits

According to the company, the forward annual dividend rate for WHR is 7.00, from 7.0 in the trailing year. Against a Trailing Annual Dividend Yield of 0.07399578The stock’s 5-year Average Dividend Yield is 3.81. The current Payout Ratio is 80.33% for WHR, which recently paid a dividend on 2024-02-29 with an ex-dividend date of 1715817600. Stock splits for the company last occurred on 1987-01-02 when the company split stock in a 2:1 ratio.

Earnings Estimates

The dynamic stock of Whirlpool Corp. (WHR) is currently attracting attention from 7.0 analysts actively involved in rating its market status.On average, analysts expect EPS of $2.64 for the current quarter, with a high estimate of $3.57 and a low estimate of $2.0, while EPS last year was $4.21. The consensus estimate for the next quarter is $3.86, with high estimates of $4.53 and low estimates of $3.3.

Analysts are recommending an EPS of between $13.92 and $11.53 for the fiscal current year, implying an average EPS of $12.98. EPS for the following year is $14.15, with 9.0 analysts recommending between $16.43 and $12.35.

Revenue Estimates

A total of 7 analysts believe the company’s revenue will be $3.98B this quarter.It ranges from a high estimate of $4.15B to a low estimate of $3.83B. As of the current estimate, Whirlpool Corp.’s year-ago sales were $4.79BFor the next quarter, 7 analysts are estimating revenue of $4.09B. There is a high estimate of $4.21B for the next quarter, whereas the lowest estimate is $3.96B.

A total of 8 analysts have provided revenue estimates for WHR’s current fiscal year. The highest revenue estimate was $17.05B, while the lowest revenue estimate was $16.46B, resulting in an average revenue estimate of $16.79B. In the same quarter a year ago, actual revenue was $19.45BBased on 8 analysts’ estimates, the company’s revenue will be $16.52B in the next fiscal year. The high estimate is $16.96B and the low estimate is $16B.

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