The most oversold stocks in the consumer discretionary sector presents an opportunity to buy into undervalued companies.
Investors need to pay close attention to Whirlpool (WHR) stock based on the movements in the options market lately.
In the latest trading session, Whirlpool (WHR) closed at $86.76, marking a +0.28% move from the previous day.
Whirlpool (WHR) reported earnings 30 days ago. What's next for the stock?
Private Advisor Group LLC raised its stake in shares of Whirlpool Co. (NYSE:WHR – Free Report) by 61.7% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 4,881 shares of the company’s stock after purchasing an additional 1,863 shares during the period. Private Advisor Group LLC’s holdings in Whirlpool were worth $594,000 as of its most recent SEC filing. Several other institutional investors have also recently made changes to their positions in WHR. Private Trust Co. NA increased its stake in shares of Whirlpool by 190.7% in the fourth quarter. Private Trust Co. NA now owns 282 shares of the company’s stock worth $34,000 after purchasing an additional 185 shares in the last quarter. Sentry Investment Management LLC bought a new position in Whirlpool in the 3rd quarter worth $39,000. NBC Securities Inc. purchased a new stake in Whirlpool in the 3rd quarter worth $40,000. ORG Partners LLC purchased a new position in shares of Whirlpool in the fourth quarter valued at about $37,000. Finally, Headlands Technologies LLC purchased a new position in shares of Whirlpool in the third quarter valued at about $52,000. Institutional investors own 90.78% of the company’s stock. Whirlpool Stock Performance Shares of NYSE:WHR opened at $91.38 on Monday. The firm has a fifty day simple moving average of $105.17 and a two-hundred day simple moving average of $109.96. Whirlpool Co. has a 52 week low of $91.19 and a 52 week high of $160.62. The company has a quick ratio of 0.58, a current ratio of 0.95 and a debt-to-equity ratio of 2.56. The stock has a market capitalization of $4.99 billion, a P/E ratio of 12.59 and a beta of 1.52. Whirlpool (NYSE:WHR – Get Free Report) last posted its quarterly earnings data on Wednesday, April 24th. The company reported $1.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.61 by $0.17. The business had revenue of $4.49 billion during the quarter, compared to analyst estimates of $4.42 billion. Whirlpool had a return on equity of 35.16% and a net margin of 2.07%. The company’s revenue for the quarter was down 3.4% on a year-over-year basis. During the same period last year, the company earned $2.66 EPS. On average, analysts expect that Whirlpool Co. will post 12.37 earnings per share for the current fiscal year. Whirlpool Dividend Announcement The company also recently announced a quarterly dividend, which will be paid on Saturday, June 15th. Stockholders of record on Friday, May 17th will be issued a $1.75 dividend. The ex-dividend date of this dividend is Thursday, May 16th. This represents a $7.00 annualized dividend and a dividend yield of 7.66%. Whirlpool’s dividend payout ratio (DPR) is presently 96.42%. Analysts Set New Price Targets Several analysts recently issued reports on WHR shares. StockNews.com downgraded Whirlpool from a “buy” rating to a “hold” rating in a research note on Friday, April 26th. TheStreet raised shares of Whirlpool from a “d+” rating to a “c+” rating in a report on Monday, January 29th. JPMorgan Chase & Co. cut their target price on shares of Whirlpool from $120.00 to $111.00 and set a “neutral” rating for the company in a research note on Friday, February 2nd. Royal Bank of Canada dropped their price objective on shares of Whirlpool from $85.00 to $79.00 and set an “underperform” rating for the company in a report on Friday, April 26th. Finally, Loop Capital assumed coverage on Whirlpool in a report on Thursday, February 22nd. They issued a “buy” rating and a $140.00 target price on the stock. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and one has issued a buy rating to the stock. According to MarketBeat.com, Whirlpool currently has a consensus rating of “Hold” and an average target price of $113.40. Check Out Our Latest Report on WHR Whirlpool Company Profile (Free Report) Whirlpool Corporation manufactures and markets home appliances and related products and services in the North America, Europe, the Middle East, Africa, Latin America, and Asia. The company's principal products include refrigerators, freezers, ice makers, and refrigerator water filters; laundry appliances, and commercial laundry products and related laundry accessories; cooking and other small domestic appliances; and dishwasher appliances and related accessories, as well as mixers.