rts logo

Whirlpool Corp (WHR) – Don’t Believe the Hype: Check The Facts

Whirlpool Corp (NYSE: WHR) is -5.32% lower on its value in year-to-date trading and has touched a low of $84.18 and a high of $135.49 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The WHR stock was last observed hovering at around $129.78 in the last trading session, with the day’s loss setting it -21.39%.

Currently trading at $108.39, the stock is -12.33% and -8.57% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 4.73 million and changing -16.48% at the moment leaves the stock 3.98% off its SMA200. WHR registered -7.98% loss for a year compared to 6-month gain of 5.91%. The firm has a 50-day simple moving average (SMA 50) of $118.6606 and a 200-day simple moving average (SMA200) of $104.2425.

The stock witnessed a -5.89% loss in the last 1 month and extending the period to 3 months gives it a 4.51%, and is -18.42% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.00% over the week and 2.82% over the month.

Whirlpool Corp (WHR) has around 59000 employees, a market worth around $5.98B and $16.61B in sales. Fwd P/E is 8.57. Profit margin for the company is -1.95%. Distance from 52-week low is 28.76% and -20.00% from its 52-week high. The company has generated returns on investments over the last 12 months (-3.97%).

with sales reaching $3.64B over the same period.The EPS is expected to shrink by -11.61% this year, but quarterly earnings will post -6.15% year-over-year. Quarterly sales are estimated to shrink -19.04% in year-over-year returns.

712.0 institutions hold shares in Whirlpool Corp (WHR), with institutional investors hold 85.10% of the company’s shares. The shares outstanding are 55.00M, and float is at 53.67M with Short Float at 10.30%. Institutions hold 84.31% of the Float.

The top institutional shareholder in the company is BLACKROCK INC. with over 6.13 million shares valued at $626.33 million. The investor’s holdings represent 11.163 of the WHR Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 5.48 million shares valued at $559.73 million to account for 9.976 of the shares outstanding. The other top investors are PRIMECAP MANAGEMENT CO/CA/ which holds 4.86 million shares representing 8.8493 and valued at over $496.51 million, while CHARLES SCHWAB INVESTMENT MANAGEMENT INC holds 3.2071 of the shares totaling 1.76 million with a market value of $179.94 million.

Whirlpool Corp (WHR) Insider Activity

The most recent transaction is an insider sale by Bitzer Marc R, the company’s CHAIRMAN AND CEO. SEC filings show that Bitzer Marc R sold 10,000 shares of the company’s common stock on Nov 19 ’24 at a price of $110.09 per share for a total of $1.1 million. Following the sale, the insider now owns 0.2 million shares.

Still, SEC filings show that on Oct 28 ’24, Peters James W (EVP, CFO AND ADMIN OFFICER) disposed off 6,000 shares at an average price of $104.48 for $0.63 million. The insider now directly holds 41,570 shares of Whirlpool Corp (WHR).

Related Posts