Should Whirlpool stock go down 10% today?
Now, how investors come away from all of this with the conclusion that Whirlpool stock should go down 10% today is beyond me. At 11.2 times trailing earnings, with a growth rate of as much as 10% and a very respectable 2.3% dividend yield, Whirlpool stock looks better than fairly priced to me.
Is Whirlpool a great dividend stock?
At 11.2 times trailing earnings, with a growth rate of as much as 10% and a very respectable 2.3% dividend yield, Whirlpool stock looks better than fairly priced to me. This article represents the opinion of the writer, who may disagree with the “official” recommendation position of a Motley Fool premium advisory service.
Did Whirlpool just beat on both sales and earnings?
In fact, Whirlpool ended up earning $6. 64 per share, though, and on sales of $5. 8 billion. So this is a curious reaction investors are having to news that Whirlpool just beat on both sales and earnings -- but it is what it is. Image source: Getty Images. And it gets even more curious the further you read into the earnings report.
How will Whirlpool Corporation's earnings grow in 2021?
Topping off all that, Whirlpool informed investors that it anticipates growing its GAAP earnings in 2021 by a further 4% to 10%, to anywhere from $17.80 to $18.80 for the year, on sales of perhaps $20.6 billion. For purposes of comparison, the company noted that its "adjusted" earnings per share (that's pro forma) will range from $19 to $20.
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Why are Whirlpool shares falling?
Whirlpool of India said the fall in net profit during the quarter was due to supply chain volatility, unprecedented cost and fuel inflation, which was partially mitigated by price increase and cost productivity actions.
Is Whirlpool a good stock to buy right now?
Good news, investors! Whirlpool is still a bargain right now. My valuation model shows that the intrinsic value for the stock is $247.79, which is above what the market is valuing the company at the moment. This indicates a potential opportunity to buy low.
What stocks are down right now?
LosersCompanyPrice% ChangePSX Phillips 6690.51-6.21%MRO Marathon Oil Corp24.15-5.88%XOM Exxon Mobil Corp86.12-5.77%HES Hess Corp102.87-5.37%6 more rows
How many times has Whirlpool stock split?
Whirlpool (WHR) has 1 split in our Whirlpool stock split history database.
Will Whirlpool stock go up?
The 6 analysts offering 12-month price forecasts for Whirlpool Corp have a median target of 213.50, with a high estimate of 300.00 and a low estimate of 175.00. The median estimate represents a +42.58% increase from the last price of 149.74.
Why did Maytag sell to Whirlpool?
In government filings, the company also said that the deal "would result in cost saving and increased innovation and quality that would increase competition," without which, "Maytag would continue to be a high-cost and increasingly ineffective competitor."
Where will stock be in 2022?
Stocks in 2022 are off to a terrible start, with the S&P 500 down close to 20% since the start of the year as of May 23. Investors in Big Tech are growing more concerned about the economic growth outlook and are pulling back from risky parts of the market that are sensitive to inflation and rising interest rates.
What is the best company to invest in right now?
The undervalued stocks of high-quality companies are compelling investments today. Investors have endured a lot of market uncertainty during 2022 so far....The 10 Best Stocks as of June 2022Equifax (EFX)Anheuser-Busch InBev SA/NV ADR (BUD)Guidewire Software (GWRE)ServiceNow (NOW)Tyler Technologies (TYL)Adobe (ADBE)More items...•
Which stocks have fallen the most?
Time PeriodCompanyCurrent PriceChange %Hindalco333.70-41.73%Indiabulls Housing96.30-38.62%Tech Mahindra965.05-35.23%Wipro405.20-32.27%16 more rows
Does Whirlpool stock pay a dividend?
How much is Whirlpool dividend? WHR pays a dividend of $1.75 per share. WHR's annual dividend yield is 3.83%.
How strong was Whirlpool in Q4?
How much will Whirlpool make in 2021?
Whirlpool reports that Q4 was "very strong" for the home appliances manufacturer, showing 7.7% sales growth over Q4 2019, a net profit margin up 340 basis points at 8.6%, and "strong consumer demand" driving all of the above.
Is Whirlpool paying for steel?
Topping off all that, Whirlpool informed investors that it anticipates growing its GAAP earnings in 2021 by a further 4% to 10%, to anywhere from $17.80 to $18.80 for the year, on sales of perhaps $20.6 billion.
Does Whirlpool use Google Cloud?
steel prices drove up its raw-materials costs. This year, it is paying $1 billion for steel and other materials, but the West Michigan appliance maker is on track to post its highest profit in decades. With so much money coursing through the economy at a time when the pandemic-induced disruptions have constrained supplies and prevented a buildup in inventories, companies are able to charge higher prices without hurting sales.
Whirlpool Q4 Earnings Surpass Estimates, Sales Miss
Whirlpool Corporation today announced that it has expanded its strategic collaboration with Google Cloud to deliver critical business systems and applications on Google Cloud's secure, reliable, and sustainable infrastructure. The company, which rolled out Google Workspace to its employees in 2014, has now deployed its enterprise-wide SAP environment and applications on Google Cloud, providing its global teams with low-latency, secure access to SAP systems and data.
Regional Performance
Whirlpool posted mixed fourth-quarter 2021 results, wherein earnings beat the Zacks Consensus Estimate, while the top line missed the same. Sales increased marginally, while earnings took a dive. The quarterly results gained from strong demand and efficient cost-based pricing efforts.
Other Financial Details
Net sales for the North America segment increased 2.6% year over year to $3,291 million, driven by the strong execution of cost-based pricing actions, partly offset by elevated supply constraints. Excluding the currency impact, sales in the region rose 2.3%.
2022 View
As of Dec 31, 2021, Whirlpool had cash and cash equivalents of $3,044 million, long-term debt of $4,929 million, and stockholders’ equity of $4,846 million, excluding non-controlling interests of $167 million. In 2021, Whirlpool generated cash of $2,176 million from operating activities, while delivering an adjusted free cash flow of $1,963 million.
What happened
For 2022, Whirlpool envisions net sales growth of 5-6%. On a GAAP and ongoing basis, the company expects earnings per share of $27.00-$29.00. It anticipates a tax rate of 24-26% for 2022 on both GAAP and adjusted basis. The company expects cash provided by operating activities of $2.2 billion and an adjusted free cash flow of $1.5 billion for 2022.
So what
Shares of industrial giant Whirlpool (NYSE: WHR) are tumbling in early afternoon trading Thursday, down 9.5% as of 12:55 p.m. EST.
Now what
And it gets even more curious the further you read into the earnings report.
Whirlpool Q4 Earnings Surpass Estimates, Sales Miss
Regional Performance
- Net sales for the North America segment increased 2.6% year over year to $3,291 million, driven by the strong execution of cost-based pricing actions, partly offset by elevated supply constraints. Excluding the currency impact, sales in the region rose 2.3%. The segment’s EBIT declined 13.6% year over year to $504 million, while the EBIT margin con...
Other Financial Details
- As of Dec 31, 2021, Whirlpool had cash and cash equivalents of $3,044 million, long-term debt of $4,929 million, and stockholders’ equity of $4,846 million, excluding non-controlling interests of $167 million. In 2021, Whirlpool generated cash of $2,176 million from operating activities, while delivering an adjusted free cash flow of $1,963 million. Free cash flow benefited from earnings g…
2022 View
- For 2022, Whirlpool envisions net sales growth of 5-6%. On a GAAP and ongoing basis, the company expects earnings per share of $27.00-$29.00. It anticipates a tax rate of 24-26% for 2022 on both GAAP and adjusted basis. The company expects cash provided by operating activities of $2.2 billion and an adjusted free cash flow of $1.5 billion for 2022. How Have Estim…