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Whirlpool Corporation’s stock reached a 52-week low, touching $70.99, underscoring a challenging period for the appliance manufacturer. Over the past year, Whirlpool’s stock has experienced a significant decline, with a 1-year price total return of -23.26% and a steeper year-to-date drop of -31.67%. Despite not being profitable over the last twelve months, InvestingPro data shows analysts expect the company to return to profitability this year with a forecasted EPS of $6.5. This downturn reflects broader industry challenges and potential shifts in consumer spending patterns, which have impacted the company’s market position. As Whirlpool navigates these headwinds, investors and analysts will be closely monitoring its strategic responses to regain momentum and improve shareholder value. The company maintains a 4.83% dividend yield and has remarkably sustained dividend payments for 55 consecutive years. Analyst price targets range from $51 to $145, suggesting mixed opinions about recovery potential. According to InvestingPro’s Fair Value assessment, the stock appears overvalued at current levels. Discover more insights with InvestingPro’s comprehensive Research Report, part of their coverage of 1,400+ US equities that transforms complex Wall Street data into actionable intelligence.
In other recent news, Whirlpool Corporation reported third-quarter earnings that exceeded analyst expectations, primarily due to strong revenue growth in North America. The company posted adjusted earnings of $2.09 per share, significantly higher than the analyst consensus of $1.39. Revenue for the quarter reached $4.03 billion, surpassing estimates of $3.93 billion and marking a 1.0% increase year-over-year. Despite these positive earnings, RBC Capital has lowered its price target for Whirlpool to $51 from $63, maintaining an Underperform rating. This adjustment follows Whirlpool’s weak third-quarter core operations and fourth-quarter guidance. RBC noted that while the company achieved more resilient volumes, this came at the expense of profit margins. These developments reflect ongoing challenges for Whirlpool, including tariffs and competition from Asian manufacturers.
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