|Bid||123.00 x 1100|
|Ask||124.94 x 900|
|Day's Range||124.59 - 127.56|
|52 Week Range||99.40 - 156.75|
|Beta (3Y Monthly)||1.76|
|PE Ratio (TTM)||42.12|
|Earnings Date||Jul 22, 2019|
|Forward Dividend & Yield||4.80 (3.46%)|
|1y Target Est||136.75|
BENTON HARBOR, Mich., May 22, 2019 /PRNewswire/ -- Whirlpool Corporation (WHR) is meeting with investors and analysts at its 2019 Investor Day event in New York City tomorrow, May 23, 2019. Whirlpool's senior management will highlight the strong investment case for Whirlpool Corporation, including our unique structural position as the world's leading major home appliance company, our strategic digital transformation journey and the regional catalysts that will enable us to drive superior value creation. "We have a strong global competitive position, the best brand portfolio, the best-cost position and innovation that delivers real benefits to our consumers," said Marc Bitzer, chairman and chief executive officer of Whirlpool Corporation.
Whirlpool (WHR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Lately, the environment for U.S. stocks has favored a pure "trading-the-range" approach where one buys the dips but sells any rallies. Case in point, shares of Whirlpool (NYSE:WHR) have traded in a well-defined range since February and recently once again arrived at the lower end of the said range where a buy trade looks to be set up in WHR stock.Source: Nicola via FlickrFor some perspective, allow me to say a few words around Whirlpool being in the consumer discretionary sector of the S&P 500. Consumer discretionary stocks are exposed to consumer confidence, which in part is sensitive to inflation. The recent flare-up in trade tensions between the United States and China has led to new tariffs, which ultimately will get passed on to the consumer by way of higher prices for consumer products such as those that Whirlpool makes.While Whirlpool's products are largely made in the U.S., it would be enough to soften demand if only some input parts of its products are made in China, or similar products from other companies are going up in price.InvestorPlace - Stock Market News, Stock Advice & Trading Tips WHR Stock Charts Click to EnlargeLooking at the price movements of WHR stock on the multi-year weekly chart, we see that the stock's lower high in 2017 ultimately led to a lower low in the fourth quarter of 2018. While the stock did bounce back in Q1 2019, the rally has found a well-defined ceiling and trading range that traders can now focus on for opportunities. On the daily chart, we see that since February, WHR stock has been oscillating back and forth between around $145 on the upside and $127 on the lower end. The lower end of this range is currently also supported by the stock's red 200-day simple moving average. This is helpful as any break and hold below the $126 level would be a clear stop loss signal for any trading longs. Click to EnlargeOn Tuesday, May 21, my Market Rover scanner flashed a B2 reversal buy signal in Whirlpool stock. The next upside target now becomes the $140 area and the aforementioned stop loss can be used.My absolute favorite way to trade the type of set up we are seeing in WHR stock is by using a simple but specific options strategy. I am holding a special webinar to teach this strategy to InvestorPlace readers. Register here.As with any good trading setup, what I like about the trading setup in WHR at the moment is that we have a visually very well-defined stop loss area around the $126 mark. This helps us manage risk in a trade, which ultimately is the most important aspect to any trading opportunity.Attend Serge Berger's special webinar: The highest probability options strategy for income. Click here to register. More From InvestorPlace * 4 Top American Penny Pot Stocks (Buy Before June 21) * 7 Safe Stocks to Buy for Anxious Investors * 4 Tech Stocks Looking Vulnerable * Should You Buy, Sell, Or Hold These 7 Hot IPO Stocks? Compare Brokers The post Trade of the Day: Whirlpool Stock Is Flashing All the Right Buy Signals appeared first on InvestorPlace.
The event will be held at the New York Stock Exchange, beginning at 9:00 a.m. Eastern Time with a formal presentation by management. All other parties are invited to listen to a live webcast of the presentation. The event will be webcast live on the Company's web site at www.whirlpoolcorp.com and may be accessed by clicking on the "Investors" tab located at the top of the page.
BENTON HARBOR, Mich., May 15, 2019 /PRNewswire/ -- Whirlpool Corporation has been named one of the Top 100 Best Corporate Citizens in 2019 by Corporate Responsibility Magazine (CR Magazine). The publication's list honors the top 100 U.S. public companies in the Russell 1000 Index for outstanding environmental, social and governance (ESG) transparency and performance. This year, Whirlpool Corporation ranked No. 96 on the list, with its highest scores in the categories of Governance, Financial and Environment.
Longbow's neutral view on Whirlpool was based in part on the thesis that the company's first quarter poses the biggest risks for the year, Macgregor said in the Friday upgrade note. The bullish case for Whirlpool is based on the company's shareholder-friendly returns, including around $200 million in share repurchases for the full year and a dividend of around $300 million, the analyst said. Whirlpool shares are trading at a multiple of less than 10 times the low end of 2019 EPS guidance of $14-$15, which prices the stock for a "substantial" earnings deterioration, Macgregor said.
Whirlpool (WHR) is on track with the global cost-based price increases and fixed cost reduction initiatives. However, it witnesses lower sales in most of the regions, except North America.
Donald Trump lost a lot of money as a real estate developer, but he’s costing us a lot more as president, writes Tim Mullaney.
Whirlpool Corp NYSE:WHRView full report here! Summary * Perception of the company's creditworthiness is neutral * ETFs holding this stock are seeing positive inflows but are weakening * Bearish sentiment is moderate Bearish sentimentShort interest | PositiveShort interest is moderate for WHR with between 5 and 10% of shares outstanding currently on loan. The last change in the short interest score occurred more than 1 month ago and implies that there has been little change in sentiment among investors who seek to profit from falling equity prices. Money flowETF/Index ownership | NegativeETF activity is negative and may be weakening. The net inflows of $3.59 billion over the last one-month into ETFs that hold WHR are among the lowest of the last year and appear to be slowing. Economic sentimentPMI by IHS Markit | NeutralAccording to the latest IHS Markit Purchasing Managers' Index (PMI) data, output in the Consumer Goods sector is rising. The rate of growth is weak relative to the trend shown over the past year, however. Credit worthinessCredit default swap | NeutralThe current level displays a neutral indicator. WHR credit default swap spreads are near their highest levels of the last 3 years, which indicates the market's more negative perception of the company's credit worthiness.Please send all inquiries related to the report to firstname.lastname@example.org.Charts and report PDFs will only be available for 30 days after publishing.This document has been produced for information purposes only and is not to be relied upon or as construed as investment advice. To the fullest extent permitted by law, IHS Markit disclaims any responsibility or liability, whether in contract, tort (including, without limitation, negligence), equity or otherwise, for any loss or damage arising from any reliance on or the use of this material in any way. Please view the full legal disclaimer and methodology information on pages 2-3 of the full report.
Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of Whirlpool Corporation and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers. This publication does not announce a credit rating action and is not an indication of whether or not a credit rating action is likely in the near future.
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BENTON HARBOR, Mich., April 25, 2019 /PRNewswire/ -- Whirlpool Corporation (WHR) today announced that it received notice of an unsolicited "mini-tender" offer by Peer & Peri LLC (Peer & Peri) to purchase up to 30,000 shares of Whirlpool common stock, which represents approximately 0.05% of the Company's outstanding shares. Peer & Peri's offer price of $110.00 per share in cash is approximately 21% lower than the $139.36 closing price of Whirlpool shares on April 22, 2019, the date of the commencement of the mini-tender offer. Whirlpool strongly recommends against stockholders tendering shares in response to the mini-tender offer, as the offer price was significantly below the market price of Whirlpool's stock as of the commencement of the mini-tender offer.
The first quarter earnings season is well and truly upon us, as Wall Street turns its attention away from catalysts such as the Federal Reserve and U.S.-China trade talks and focuses instead on fundamentals like revenues and profit margins.So far, results are beating expectations but still showing a slide on the bottom line. Through April 18, 15% of the companies in the S&P 500 reported results. Of those, according to FactSet, 78% beat estimates with results that were 5.7% ahead of analyst expectations. But earnings on a year-over-year basis are down 4.3%.If the earnings decline holds, it will mark the first pullback in profits since the middle of 2016.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Stocks to Sell Before They Give Back 2019 Gains However, investors seem to be focusing on the positive … so far. They're rewarding stocks that are beating estimates instead of focusing on the overall decline in earnings. Here are four stocks that are rallying today following earnings results: Twitter (TWTR) Click to EnlargeTwitter (NYSE:TWTR) shares are soaring, up more than 16% as I write this, after reporting better-than-expected results. The move pushes the stock up and out of a sideways consolidation range going back to last summer. And it even caught the eye of President Trump, who took to the Twitter platform to claim credit for its success and warn against alleged anti-conservative bias.The company reported earnings of 37 cents per share, 22 cents above estimates, on an 18.3% rise in revenues. Daily average users came in at 134 million vs. estimates for around 128 million. United Technologies (UTX) Click to EnlargeShares of United Technologies (NYSE:UTX) are testing, within pennies, the prior high set last September marking a 40%+ rally off of the late December low. The company reported results before the open, with earnings of $1.91 per share beating estimates by 19 cents on a 20.5% rise in revenues. * 10 High-Yielding Dividend Stocks That Won't Wilt This marked the ninth consecutive quarter of beating earnings estimates as the company enjoyed its best organic growth rate in over a decade. The seemingly insatiable demand for airliners is fueling solid results at its Pratt & Whitney engine subsidiary. Kimberly Clark (KMB) Click to EnlargeToilet paper maker Kimberly Clark (NYSE:KMB) is enjoying an upside breakout after reporting results on Monday. The move pushes shares up and over multi-year resistance near the $125-a-share level that was first established in early 2016. The company reported earnings of $1.66 per share, 11 cents ahead of estimates on a 2.1% drop in revenues.A series of analyst upgrades have followed, including Argus and Macquarie. The highlight was on a 3% jump in organic revenues and a reaffirming of 2019 guidance. Management continues to focus on alleviating the impact of rising input prices and was able to trim $115 million from its expense line, partially as a result of closing two personal face facilities. Whirlpool (WHR) Click to EnlargeShares of appliance maker Whirlpool (NYSE:WHR) are rallying to test prior highs set in late February, partially reversing the slide from the 2017 highs near $190. The company has enjoyed a lift following President Trump's trade action against imported washing machines and dishwashers. The result was the largest-ever three-month increase in the cost of washing machines, helping bolster Whirlpool's bottom line. * 7 Red-Hot E-Commerce Stocks to Consider The company reported earnings of $3.11 per share, 26 cents ahead of estimates, despite a 3.1% drop in revenues. Management reaffirmed full-year guidance, including expectations of upwards of $900 million in free cash flow.As of this writing, William Roth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 High-Yielding Dividend Stocks That Won't Wilt * 4 Energy Stocks Soaring as Trump Tightens on Iran * 7 Tech Stocks With Too Much Risk, Not Enough Upside Compare Brokers The post 4 Stocks Surging on Earnings Surprises appeared first on InvestorPlace.
Whirlpool Corporation (NYSE: WHR ) reported first-quarter adjusted earnings per share Monday ahead of Street expectations and reiterated its full-year guidance, mainly on the back of lower input cost inflation, ...
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Earnings obsessed? Our call of the day urges investors to move past what will likely be an uninspiring quarter or two of corporate results, and start thinking about how to preserve their investment gains in a market that has already risen strongly this year.
shares traded higher Tuesday after the appliance maker topped analysts' forecasts in its first quarter earnings report while confirming its full-year profit outlook as price hikes and lower U.S. input costs boosted it bottom line. Whirpool said adjusted earnings for the three months ending in March came in at $3.11 per share, up 10.7% from the same period last year and firmly ahead of the consensus estimate of $2.86 per share. "We delivered another strong quarter with margin expansion and record first-quarter earnings per share despite a soft demand environment in several countries," said CEO Marc Bitzer.
Earnings season is in full swing on Wall Street. Here are two problems that suggest stock prices could come back down to Earth soon.
surged in late trading Monday, after the appliance giant beat analysts earning expectations. Whirlpool's stock price rose by more than 7%, to just under $150, after the company announced first-quarter earnings of $3.11 per share, besting the $3.04 per share estimate of analysts surveyed by Zacks. Faced with higher steel and aluminum costs, Whirlpool has been raising prices and cutting costs.