|Bid||80.24 x 1000|
|Ask||0.00 x 800|
|Day's Range||78.79 - 83.35|
|52 Week Range||64.00 - 163.64|
|Beta (5Y Monthly)||1.76|
|PE Ratio (TTM)||4.42|
|Forward Dividend & Yield||4.80 (5.96%)|
|Ex-Dividend Date||Feb 26, 2020|
|1y Target Est||N/A|
Whirlpool (WHR) withdraws 2020 guidance in the wake of the adverse impact of COVID-19 on its businesses. Also, it pulls out $2.2 billion from its current revolving credit facility.
Whirlpool Corp. said late Tuesday it was cutting production in its U.S. factories and withdrawing guidance for the year on "additional disruptions" in supplies wreaked by the ongoing government-mandated shutdowns worldwide. In addition to cutting capacity at its U.S. factories, Whirlpool is temporarily halting operations at its plants in Italy and cutting down capacity at a factory in Brazil. In Asia, it will halt operations at manufacturing and warehousing facilities in India, while its China production "is now back to near full capacity," the company said in a statement. COVID-19-related demand disruptions and production impacts will "continue to negatively affect results," it said. "Whirlpool has a strong financial position and the liquidity required to continue operations during this volatile period," it said. The company ended fiscal 2019 with a cash balance of about $2 billion, it said. Whirlpool plans on providing further information on the global impact of COVID-19 at its earnings call scheduled for May 1, it said. Shares of Whirlpool fell 0.5% in the extended session after ending the regular trading day 30% higher.
We hate to say this but, we told you so. On February 27th we published an article with the title Recession is Imminent: We Need A Travel Ban NOW and predicted a US recession when the S&P 500 Index was trading at the 3150 level. We also told you to short the market and buy […]
Best Buy's stores have been packed amid the rush to buy work-from-home gear during the coronavirus pandemic.
A cluster of COVID-19 infections in Washington state, including the deaths of nine people there, have put health care providers and companies with large U.S. workforces on high alert.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Whirlpool (WHR) have what it takes? Let's find out.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
When Thomas Schreier Jr. graduated from the University of Notre Dame more than three decades ago, he never envisioned that in his late 50s he’d be teaching a class there called Designing an Inspired Life and regularly walking the South Bend, Ind., campus as the founding director of the university’s Inspired Leadership Initiative. The initiative, now in its second year, consists of 15 accomplished individuals who have wrapped up two or three decades in successful careers and are eager to devote an academic year to studies at Notre Dame. Notre Dame’s joins similar programs at prominent institutions pioneering this concept: the Stanford Distinguished Careers Institute, operated in partnership with the Stanford Center on Longevity, and Harvard’s Advanced Leadership Initiative, a yearlong program for corporate executives and professionals interested in applying their skills to social problems.
Moody's Investors Service ("Moody's") assigned a Baa1 rating to the E500 million senior unsecured notes being issued by Whirlpool EMEA Finance S.a r.l. Proceeds from the notes offering are expected to be used for the repayment of Whirlpool Corporation's ("Whirlpool") existing E500 million 0.625% senior notes maturing in March 2020. The new notes will be guaranteed by the parent, Whirlpool, making them pari passu with existing unsecured obligations of Whirlpool.
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Swedish home appliances maker Electrolux reported a smaller-than-expected fall in earnings for a fourth quarter marred by U.S. production issues that it said would linger deep into 2020. The rival of U.S. Whirlpool said adjusted operating earnings fell to 960 million Swedish crowns ($101 million) from a year-ago 1.67 billion to come in ahead of a mean forecast of 903 million in a Refinitiv poll of analaysts.
Investors in Whirlpool Corporation (NYSE:WHR) had a good week, as its shares rose 5.1% to close at US$154 following...
Whirlpool's (WHR) fourth-quarter 2019 earnings benefits from operating margin growth despite soft top line. The company outlines a favorable view for 2020.
U.S. equities closed sharply lower on Monday, as Coronavirus claimed more lives and investors remained worried about the impact of the fast-spreading illness on the global economy.
Whirlpool (WHR) delivered earnings and revenue surprises of 14.19% and -2.69%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Chief Executive Officer Marc Bitzer told CNBC that the company will maintain the high prices. Whirlpool said it expects full-year 2020 profit to be between $16.00 per share and $17.00 per share, the mid-point of which is above analysts' average estimate of $16.34, according to IBES data from Refinitiv. Meanwhile, U.S. President Donald Trump last week announced adjustments to tariff-rate quotas (TRQ) on large residential washers, saying that domestic producers had begun to do better in the face of foreign competitors but more was left to be done.