Why Whirlpool Corporation (NYSE:WHR) Is In News?


Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $209.71 on Whirlpool Corporation (NYSE:WHR) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $14.68 for the next fiscal and $N/A for underway quarter.

Valuation Estimates

Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Whirlpool Corporation (NYSE:WHR) stands at 16.37.

Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Whirlpool Corporation Common St, the PEG ratio for coming 3-5 years is 0.93.

Technical Analysis

The technical analysis highlights that Whirlpool Corporation Common St current is trading $3.57 points away or +1.97% from its 50-day moving average of $181.18. Further it is trading $13.26 or +7.73% away its 200-day moving average of $171.49.

The 52-week high of Whirlpool Corporation (NYSE:WHR) was $194.10 while lowest point recorded in 52-week was $123.60. It implies if stock price makes a movement of over $-9.35, it will record a new 52-week high. In the case of +49.47% drop, it will touch a new 52-week low.

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