Whirlpool (WHR) Advances While Market Declines: Some Information for Investors

Whirlpool (WHR) ended the recent trading session at $61.23, demonstrating a +2.14% change from the preceding day's closing price. The stock's performance was ahead of the S&P 500's daily loss of 0.57%. Meanwhile, the Dow experienced a drop of 1.61%, and the technology-dominated Nasdaq saw a decrease of 0.26%.

The stock of maker of Maytag, KitchenAid and other appliances has fallen by 31.63% in the past month, lagging the Consumer Discretionary sector's gain of 2.06% and the S&P 500's loss of 0.15%.

The upcoming earnings release of Whirlpool will be of great interest to investors. The company is forecasted to report an EPS of $0.73, showcasing a 57.06% downward movement from the corresponding quarter of the prior year. Meanwhile, our latest consensus estimate is calling for revenue of $3.51 billion, down 3.01% from the prior-year quarter.

In terms of the entire fiscal year, the Zacks Consensus Estimates predict earnings of $5.63 per share and a revenue of $15.33 billion, indicating changes of -9.63% and -1.25%, respectively, from the former year.

Investors might also notice recent changes to analyst estimates for Whirlpool. Such recent modifications usually signify the changing landscape of near-term business trends. Hence, positive alterations in estimates signify analyst optimism regarding the business and profitability.

Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, running from #1 (Strong Buy) to #5 (Strong Sell), holds an admirable track record of superior performance, independently audited, with #1 stocks contributing an average annual return of +25% since 1988. Within the past 30 days, our consensus EPS projection has moved 10.35% lower. Whirlpool is holding a Zacks Rank of #5 (Strong Sell) right now.

In terms of valuation, Whirlpool is currently trading at a Forward P/E ratio of 10.65. Its industry sports an average Forward P/E of 10.65, so one might conclude that Whirlpool is trading at no noticeable deviation comparatively.

Investors should also note that WHR has a PEG ratio of 2.84 right now. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company's expected earnings growth rate into account. Household Appliances stocks are, on average, holding a PEG ratio of 2.84 based on yesterday's closing prices.

The Household Appliances industry is part of the Consumer Discretionary sector. This industry currently has a Zacks Industry Rank of 92, which puts it in the top 38% of all 250+ industries.

The Zacks Industry Rank assesses the vigor of our specific industry groups by computing the average Zacks Rank of the individual stocks incorporated in the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.