Whirlpool Corporation Stock Prices Soar to New High of $155.11 After 2.25% Increase
July 22, 2023
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The stock market was abuzz on Wednesday when the Whirlpool Corporation ($NYSE:WHR) stock prices soared to a new high of $155.11, a 2.25% rise from the previous day’s finish at $151.70. This marks a significant increase in the company’s stock value, and is sure to be a welcome development for those who have invested in the company. Whirlpool Corporation is a multinational corporation that specializes in the production of home and hospitality appliances for consumers and businesses worldwide. With its strong financials and impressive product portfolio, the future looks bright for Whirlpool Corporation.
The recent surge in stock price is an indicator of the confidence that investors have in the company’s potential for future growth and profitability. Investors are likely to be further encouraged by the fact that the company has also returned $2 billion to its shareholders through dividends and share repurchases over the last three years. With momentum on its side, Whirlpool Corporation is well positioned to continue its impressive stock performance and provide even more rewards for shareholders in the future.
Analysis
At GoodWhale, we believe in helping people make informed decisions when it comes to their investments. That’s why we’ve taken the time to analyze the fundamentals of WHIRLPOOL CORPORATION. When it comes to risk, WHIRLPOOL CORPORATION is rated as medium on our scale. This means that there are some risks associated with investing in this company, but it is not categorized as high risk. We found one risk warning in the income sheet for WHIRLPOOL CORPORATION. To access this information, you’ll need to become a registered user of GoodWhale. Once you’ve signed up, you can dive deeper into the financials of WHIRLPOOL CORPORATION and make sure that it meets your investment criteria. More…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Whirlpool Corporation. More…
| Total Revenues | Net Income | Net Margin |
| 19.45k | -2.01k | -2.7% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Whirlpool Corporation. More…
| Operations | Investing | Financing |
| 1.24k | -3.67k | 1.8k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Whirlpool Corporation. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 16.86k | 14.63k | 43.26 |
Key Ratios Snapshot
Some of the financial key ratios for Whirlpool Corporation are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| -0.9% | -7.8% | -7.5% |
| FCF Margin | ROE | ROA |
| 3.4% | -41.6% | -5.4% |
Peers
The competition in the home appliance industry is fierce. Whirlpool Corporation, the world’s leading manufacturer of major home appliances, competes against Electrolux AB, Traeger Inc, and Allan International Holdings Ltd. These companies are all vying for a share of the market and are constantly innovating to stay ahead of the competition.
– Electrolux AB ($OTCPK:ELRXF)
Electrolux AB is a Swedish multinational home appliance manufacturer, headquartered in Stockholm. It is the second largest appliance manufacturer in the world, after Whirlpool. The company also makes appliances for professional use. The company has a market cap of 3.07B as of 2022 and a Return on Equity of 14.67%. The company’s products include refrigerators, dishwashers, washing machines, cookers, vacuum cleaners, air conditioners and small appliances such as microwaves and coffee makers.
– Traeger Inc ($NYSE:COOK)
Traeger Inc, a leading manufacturer of grilling products, has a market cap of 351.16M as of 2022. The company’s Return on Equity is -26.37%. Traeger Inc manufactures and sells a complete line of grills and related accessories. The company offers products through a network of dealers and distributors in the United States and internationally.
– Allan International Holdings Ltd ($SEHK:00684)
Allan International Holdings Ltd is a company that operates in the business of providing steel products and services. The company has a market capitalization of 379.68 million as of 2022 and a return on equity of -1.13%. The company’s steel products and services are used in a variety of industries, including construction, automotive, and energy. Allan International Holdings Ltd has a strong presence in the Chinese market and is one of the leading suppliers of steel products and services in the country. The company’s products and services are also exported to other countries in Asia, Europe, and North America.
Summary
Whirlpool Corporation, a leading global manufacturer of home appliances, recently saw its stock prices reach new highs at $155.11 during the trading session. Despite the decline in the market on the same day, Whirlpool Corporation’s stock prices closed up 2.25% from the previous day’s close of $151.70. Investors should take this opportunity to analyze the potential for growth in Whirlpool Corporation’s stock prices, as the company continues to increase its presence in the global market.
Analysts should focus on the company’s financial statements, market share, and strategies for growth when determining how best to invest in Whirlpool Corporation. With a strong outlook for the future, this may be a good time for investors to consider buying and holding Whirlpool Corporation stocks for long-term returns.
