Fundamental and Technical Insights on Whirlpool Corp (NYSE:WHR)

Whirlpool Corp (NYSE:WHR) (TREND ANALYSIS) shares were traded with no significant volume change. The stock closed last trading session at $160.14, down by -1.57%, with a volume of 1,604,366 shares against an average volume for the last 3 months of 1,078,760.

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Whirlpool Corp (NYSE:WHR) stock is currently trading 26.24% below its 52-week-high, 13.98% above its 52-week-low. The 1-year stock price history is in the range of $140.5 – $217.11. Whirlpool Corp (WHR) has a price to earnings ratio of 18.72 versus Consumer Goods sector average of 14.34. WHR stock price has underperformed the S&P 500 by 18.8%. The Appliances company is currently valued at $12.52 billion and its share price closed the last trading session at $160.14. The stock has a 50-day moving average of $156.62 and a 200-day moving average of $173.73.

Whirlpool Corp (WHR) current short interest stands at 2.54 million shares. It has decreased by 17% from the same period of last month. Around 4% of the company’s shares, which are float, are short sold. With a 10-days average volume of 2.24 million shares, the number of days required to cover the short positions stand at 1.2 days.

WHR reported last quarter earnings on October 23. The Appliances company announced earnings per share of $3.45 against a consensus Street estimate of $3.22, beating the average estimate by $0.23. This corresponds to an increase of $0.34 compared to the same quarter of the previous fiscal year.

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There are currently twelve analysts that cover Whirlpool Corp stock. Of those twelve, nine have a Buy rating, three have a Hold rating. On a consensus basis this yields to an Overweight rating. The consensus target price stands at $188.

A recent analyst activity consisted of Gabelli & Co who initiated their coverage on the stock with Buy rating on October 27. On the date of report, the stock closed at $153.69.

Raymond James upgraded their Market Perform rating to Strong Buy on October 26, and decreased their price target from $213 to $201. This corresponds to a 25.52% upside from the last closing price. On the date of report, the stock closed at $150.17.

Another research firm was Goldman Sachs who initiated their coverage on the stock with Neutral rating on October 6. Goldman Sachs fixed their price target at $171. This translates to a 6.78% upside from the last closing price. On the date of report, the stock closed at $154.24.

Company profile

Whirlpool Corporation manufactures and markets major home appliances. The Company’s principal products include laundry appliances, refrigeration and room air conditioning equipment, cooking appliances, dishwashers, and mixers and other small household appliances. Whirlpool’s products are sold worldwide

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