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WHR / Whirlpool stock downgraded to sell on concerns about stagflation, rising interest rates

Whirlpool stock downgraded to sell on concerns about stagflation, rising interest rates
Analyst Kenneth Leon at CFRA on Friday lowered his rating on Whirlpool Corp. WHR, +2.66% shares to sell, from buy, and lowered his price target by $20 to $180 as rising interest rates and a "potential risk of global stagflation" could hurt consumer-discretionary spending for household appliances. "We believe (Whirlpool) shares may underperform the S&P 500 or defensive areas of consumer sectors," Leon said. Read More
Posted: Apr 8 2022, 14:00
Author Name: Market Watch
Views: 111933

WHR News  

Whirlpool's High Debt Load Leaves It Vulnerable In A Downturn

By Seeking Alpha
November 1, 2023

Whirlpool's High Debt Load Leaves It Vulnerable In A Downturn

Latest Q3 results had sales growth of 3% driven by market share gains and replacement and builder demand in North America, but management lowered guid more_horizontal

Here's Why Whirlpool Stock Got Hammered This Week

By The Motley Fool
October 27, 2023

Here's Why Whirlpool Stock Got Hammered This Week

Whirlpool's latest quarterly results beat Wall Street's expectations. The company's profit margins are taking a hit, and the market isn't buying manag more_horizontal

Why Whirlpool Stock Dropped Today

By The Motley Fool
October 26, 2023

Why Whirlpool Stock Dropped Today

Whirlpool easily beat expectations for third-quarter revenue and earnings. But the appliance maker also reduced its full-year earnings guidance amid w more_horizontal

Whirlpool (WHR) Q3 Earnings Beat, Stock Dips on EPS View Cut

By Zacks Investment Research
October 26, 2023

Whirlpool (WHR) Q3 Earnings Beat, Stock Dips on EPS View Cut

Whirlpool's (WHR) Q3 results reflect gains from cost takeout actions, strong demand and market share growth. Results also reflect the impacts of an ad more_horizontal

Whirlpool (WHR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

By Zacks Investment Research
October 25, 2023

Whirlpool (WHR) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

The headline numbers for Whirlpool (WHR) give insight into how the company performed in the quarter ended September 2023, but it may be worthwhile to more_horizontal

Whirlpool (WHR) Q3 Earnings and Revenues Surpass Estimates

By Zacks Investment Research
October 25, 2023

Whirlpool (WHR) Q3 Earnings and Revenues Surpass Estimates

Whirlpool (WHR) came out with quarterly earnings of $5.45 per share, beating the Zacks Consensus Estimate of $4.38 per share. This compares to earning more_horizontal

Whirlpool's stock drops more than 5% on lowered guidance

By Market Watch
October 25, 2023

Whirlpool's stock drops more than 5% on lowered guidance

Shares of Whirlpool Corp. WHR, -1.13% dropped more than 5% in the extended session Wednesday after the appliances maker beat Wall Street expectations more_horizontal

Arcelik's European deal with Whirlpool gets EU approval

By Reuters
October 24, 2023

Arcelik's European deal with Whirlpool gets EU approval

EU antitrust regulators have cleared Turkish domestic appliances maker Arcelik's proposed purchase of Whirlpool's European domestic appliances busines more_horizontal


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