Whirlpool Corp (NYSE:WHR) Stock Price While Sentiment Dive

July 16, 2018 - By Pearl Odom

Whirlpool Corporation (NYSE:WHR) Logo

Sentiment for Whirlpool Corp (NYSE:WHR)

Whirlpool Corp (NYSE:WHR) institutional sentiment decreased to 0.88 in 2018 Q1. Its down -0.05, from 0.93 in 2017Q4. The ratio dropped, as 219 investment managers started new or increased stock positions, while 248 trimmed and sold equity positions in Whirlpool Corp. The investment managers in our partner’s database now hold: 59.81 million shares, down from 60.28 million shares in 2017Q4. Also, the number of investment managers holding Whirlpool Corp in their top 10 stock positions increased from 8 to 9 for an increase of 1. Sold All: 51 Reduced: 197 Increased: 160 New Position: 59.

Whirlpool Corporation manufactures and markets home appliances and related products worldwide. The company has market cap of $9.90 billion. The companyÂ’s principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other small domestic appliances. It has a 32.63 P/E ratio. It also produces hermetic compressors for refrigeration systems.

The stock decreased 1.55% or $2.42 during the last trading session, reaching $153.35. About 358,751 shares traded. Whirlpool Corporation (NYSE:WHR) has declined 16.26% since July 16, 2017 and is downtrending. It has underperformed by 28.83% the S&P500.

Analysts await Whirlpool Corporation (NYSE:WHR) to report earnings on July, 23 after the close. They expect $3.83 earnings per share, up 14.33 % or $0.48 from last year’s $3.35 per share. WHR’s profit will be $247.13M for 10.01 P/E if the $3.83 EPS becomes a reality. After $2.81 actual earnings per share reported by Whirlpool Corporation for the previous quarter, Wall Street now forecasts 36.30 % EPS growth.

Taylor Asset Management Inc holds 12.46% of its portfolio in Whirlpool Corporation for 187,264 shares. Trinity Street Asset Management Llp owns 283,800 shares or 8.12% of their US portfolio. Moreover, Greenhaven Associates Inc has 6.98% invested in the company for 2.90 million shares. The New York-based Roystone Capital Management Lp has invested 5.07% in the stock. Spitfire Capital Llc, a California-based fund reported 57,498 shares.

Since January 1, 0001, it had 0 insider purchases, and 1 sale for $303,908 activity.

Whirlpool Corporation (NYSE:WHR) Ratings Coverage

Ratings analysis reveals 50% of Whirlpool’s analysts are positive. Out of 8 Wall Street analysts rating Whirlpool, 4 give it “Buy”, 1 “Sell” rating, while 3 recommend “Hold”. The lowest target is $165 while the high is $18400. The stock’s average target of $177.80 is 15.94% above today’s ($153.35) share price. WHR was included in 9 notes of analysts from January 26, 2018. The company was maintained on Monday, April 23 by RBC Capital Markets. Credit Suisse maintained it with “Neutral” rating and $165 target in Tuesday, April 24 report. The firm earned “Overweight” rating on Friday, June 1 by JP Morgan. Credit Suisse upgraded the stock to “Outperform” rating in Monday, June 4 report. As per Monday, April 9, the company rating was maintained by Bank of America. As per Friday, January 26, the company rating was upgraded by Raymond James. KeyBanc Capital Markets downgraded the shares of WHR in report on Friday, January 26 to “Sector Weight” rating. Goldman Sachs downgraded Whirlpool Corporation (NYSE:WHR) on Wednesday, April 4 to “Sell” rating.

Whirlpool Corporation (NYSE:WHR) Institutional Positions Chart

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