Whirlpool Corp. (NYSE: WHR)’s stock price has soared by 0.28 in relation to previous closing price of 105.39. Nevertheless, the company has seen a gain of 1.76% in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-24 that The headline numbers for Whirlpool (WHR) give insight into how the company performed in the quarter ended March 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Is It Worth Investing in Whirlpool Corp. (NYSE: WHR) Right Now?
Whirlpool Corp. (NYSE: WHR) has a higher price-to-earnings ratio of 12.19x compared to its average ratio. WHR has 36-month beta value of 1.49. Analysts have mixed views on the stock, with 4 analysts rating it as a “buy,” 0 as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for WHR is 52.92M, and currently, short sellers hold a 13.39% ratio of that float. The average trading volume of WHR on April 25, 2024 was 1.39M shares.
WHR’s Market Performance
WHR stock saw a decrease of 1.76% in the past week, with a monthly decline of -6.83% and a quarterly a decrease of -4.24%. The volatility ratio for the week is 2.04%, and the volatility levels for the last 30 days are 2.26% for Whirlpool Corp. (WHR). The simple moving average for the past 20 days is -5.15% for WHR’s stock, with a -13.11% simple moving average for the past 200 days.
Analysts’ Opinion of WHR
Many brokerage firms have already submitted their reports for WHR stocks, with Loop Capital repeating the rating for WHR by listing it as a “Buy.” The predicted price for WHR in the upcoming period, according to Loop Capital is $140 based on the research report published on February 22, 2024 of the current year 2024.
Goldman gave a rating of “Buy” to WHR, setting the target price at $160 in the report published on April 11th of the previous year.
WHR Trading at -3.58% from the 50-Day Moving Average
After a stumble in the market that brought WHR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -34.20% of loss for the given period.
Volatility was left at 2.26%, however, over the last 30 days, the volatility rate increased by 2.04%, as shares sank -5.84% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -5.74% lower at present.
During the last 5 trading sessions, WHR rose by +1.76%, which changed the moving average for the period of 200-days by -31.10% in comparison to the 20-day moving average, which settled at $111.09. In addition, Whirlpool Corp. saw -13.21% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at WHR starting from Bitzer Marc R, who sale 20,000 shares at the price of $143.18 back on Jul 28 ’23. After this action, Bitzer Marc R now owns 138,583 shares of Whirlpool Corp., valued at $2,863,600 using the latest closing price.
Peters James W, the EXEC VICE PRESIDENT AND CFO of Whirlpool Corp., sale 6,000 shares at $143.12 during a trade that took place back on Jul 28 ’23, which means that Peters James W is holding 40,764 shares at $858,720 based on the most recent closing price.
Stock Fundamentals for WHR
Current profitability levels for the company are sitting at:
- 0.52 for the present operating margin
- 0.36 for the gross margin
The net margin for Whirlpool Corp. stands at 0.03. The total capital return value is set at 0.92. Equity return is now at value 20.43, with 2.79 for asset returns.
Based on Whirlpool Corp. (WHR), the company’s capital structure generated 0.78 points at debt to capital in total, while cash flow to debt ratio is standing at 0.06. The debt to equity ratio resting at 3.58. The interest coverage ratio of the stock is 26.47.
Currently, EBITDA for the company is 1.5 billion with net debt to EBITDA at 6.24. When we switch over and look at the enterprise to sales, we see a ratio of 0.67. The receivables turnover for the company is 11.3for trailing twelve months and the total asset turnover is 1.11. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.89.
Conclusion
To put it simply, Whirlpool Corp. (WHR) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
