Whirlpool Corp. (WHR) Shares Down Despite Recent Market Volatility

Whirlpool Corp. (NYSE: WHR) has seen a decline in its stock price by -0.97 in relation to its previous close of 99.00. However, the company has experienced a 2.52% gain in its stock price over the last five trading sessions. prnewswire.com reported 2024-08-22 that BENTON HARBOR, Mich., Aug. 22, 2024 /PRNewswire/ — Whirlpool Corporation (NYSE: WHR) announced today that it will participate in the Goldman Sachs 31st Annual Global Retailing Conference on September 4th at 1:50 p.m.

Is It Worth Investing in Whirlpool Corp. (NYSE: WHR) Right Now?

The price-to-earnings ratio for Whirlpool Corp. (NYSE: WHR) is above average at 10.15x. The 36-month beta value for WHR is also noteworthy at 1.42. There are mixed opinions on the stock, with 4 analysts rating it as a “buy,” 0 rating it as “overweight,” 8 rating it as “hold,” and 0 rating it as “sell.”

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The public float for WHR is 53.35M, and at present, short sellers hold a 9.13% of that float. The average trading volume of WHR on August 23, 2024 was 1.32M shares.

WHR’s Market Performance

WHR stock saw a decrease of 2.52% in the past week, with a monthly decline of -0.72% and a quarterly a decrease of 10.53%. The volatility ratio for the week is 2.01%, and the volatility levels for the last 30 days are 3.17% for Whirlpool Corp. (WHR). The simple moving average for the last 20 days is 1.65% for WHR stock, with a simple moving average of -6.94% for the last 200 days.

Analysts’ Opinion of WHR

Many brokerage firms have already submitted their reports for WHR stocks, with BofA Securities repeating the rating for WHR by listing it as a “Underperform.” The predicted price for WHR in the upcoming period, according to BofA Securities is $88 based on the research report published on July 30, 2024 of the current year 2024.

Loop Capital, on the other hand, stated in their research note that they expect to see WHR reach a price target of $140. The rating they have provided for WHR stocks is “Buy” according to the report published on February 22nd, 2024.

WHR Trading at -0.40% 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 -31.21% of loss for the given period.

Volatility was left at 3.17%, however, over the last 30 days, the volatility rate increased by 2.01%, as shares sank -3.48% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +10.73% upper at present.

During the last 5 trading sessions, WHR rose by +2.52%, which changed the moving average for the period of 200-days by -12.04% in comparison to the 20-day moving average, which settled at $96.27. In addition, Whirlpool Corp. saw -19.49% in overturn over a single year, with a tendency to cut further losses.

Stock Fundamentals for WHR

Current profitability levels for the company are sitting at:

  • 0.3 for the present operating margin
  • 0.15 for the gross margin

The net margin for Whirlpool Corp. stands at 0.03. The total capital return value is set at 0.5. Equity return is now at value 20.88, with 3.11 for asset returns.

Based on Whirlpool Corp. (WHR), the company’s capital structure generated 0.71 points at debt to capital in total, while cash flow to debt ratio is standing at 0.11. The debt to equity ratio resting at 2.4. The interest coverage ratio of the stock is 15.01.

Currently, EBITDA for the company is 1.5 billion with net debt to EBITDA at 5.41. 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 11.59for trailing twelve months and the total asset turnover is 1.07. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.96.

Conclusion

In summary, Whirlpool Corp. (WHR) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing 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.

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