Last Updated: 14 Nov 2024
Executive Summary
Whirlpool Corporation (WHR) is a leading manufacturer and marketer of home appliances, with a market capitalization of $6.28 billion. Despite facing headwinds in the current economic environment, the company has demonstrated resilience, posting positive quarterly earnings growth and maintaining a stable dividend yield. Analysts remain cautiously optimistic about WHR's long-term prospects, with a consensus Hold rating.
Company Overview
Whirlpool Corporation is headquartered in Michigan and operates globally, with a focus on major appliances such as refrigerators, dishwashers, ovens, and washing machines. The company has a strong brand portfolio, including Whirlpool, KitchenAid, Maytag, and Amana.
Fundamental Analysis
Revenue: WHR's revenue for the trailing twelve months (TTM) stood at $17.56 billion, showing a slight decline of 0.19% year-over-year.
Earnings: Diluted EPS for TTM was $10.47, representing a growth of 30.9% compared to the same period last year.
Profitability: The company's profit margin and operating margin TTM are 3.19% and 6.06%, respectively, indicating a moderate level of profitability.
Valuation: WHR trades at a trailing PE ratio of 10.87 and a forward PE ratio of 11.9, which are below the industry average. The company's price-to-sales ratio TTM is 0.357, suggesting it is undervalued relative to its peers.
Technical Analysis
Trend: WHR's stock price has been trending sideways in recent months, with the 50-day and 200-day moving averages providing support and resistance levels.
Support and Resistance: The stock is currently trading above the 50-day moving average and below the 200-day moving average, indicating a neutral trend.
Indicators: The Relative Strength Index (RSI) is hovering around 50, suggesting that the stock is neither overbought nor oversold.
Short Term Outlook
In the short term, WHR's stock price is expected to remain range-bound, with potential upside limited by the 200-day moving average and downside supported by the 50-day moving average. The company's upcoming earnings report and economic data will be key factors influencing its short-term performance.
Long Term Outlook
Analysts believe that WHR has the potential for long-term growth, driven by its strong brand portfolio, global presence, and focus on innovation. The company's efforts to expand into emerging markets and develop new products are expected to contribute to its future success.
Analyst Recommendations
Out of 11 analysts covering WHR, 3 have a Buy rating, 5 have a Hold rating, and 3 have a Sell rating. The consensus recommendation is Hold, with an average analyst target price of $107.46.
