Whirlpool Crumbles: Stock Falls by 6.6%

Zacks

Whirlpool Corp. (WHR) saw a big move last session, as the company’s shares fell by nearly 7% on the day. The move came on pretty good volume too with far more shares changing hands than in a normal session. This continues the recent downtrend for WHR, as the stock is now down nearly 16% in the past one-month time frame.

This slump shouldn’t be too much of a surprise to investors, as the company has seen 1 negative revision in the past few weeks and its current year earnings consensus has moved lower over the last 30 days. This suggests there may be more trouble down the road. So make sure to keep an eye on this stock going forward to see if this recent slump will continue, as the earnings picture definitely suggests that this might be the case.

WHR currently has a Zacks Rank #4 (Sell) while its Earnings ESP is positive.

Some better-ranked stocks in the cyclic consumer goods and services sector include Columbia Sportswear Company (COLM), G-III Apparel Group, Ltd. (GIII) and Electrolux AB (ELUXY). While G-III Apparel Group and Electrolux AB carry a Zacks Rank #1 (Strong Buy), Columbia Sportswear holds a Zacks Rank #2 (Buy).   

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WHIRLPOOL CORP (WHR): Free Stock Analysis Report

COLUMBIA SPORTSWEAR CO (COLM): Free Stock Analysis Report

G III APPAREL GROUP INC (GIII): Free Stock Analysis Report

A B ELECTRLX S ADR# (ELUXY): Free Stock Analysis Report


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