Whirlpool India Share Price Soars on 15 Dec 2023
December 16, 2023
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On 15 December 2023, the share price of Whirlpool India skyrocketed, leading to a buzz of excitement amongst investors. This was a significant moment for the WHIRLPOOL CORPORATION ($NYSE:WHR), a global manufacturer and marketer of major home appliances. Whirlpool India has been at the forefront of creating innovative appliances for households and commercial establishments all over the world. With a strong foothold in the Indian market, their products have become increasingly popular in recent times.
The meteoric rise of the Whirlpool India stock on 15 December 2023 is a testament to the company’s consistent efforts and dedication towards providing best-in-class products and services to customers around the globe. It is also indicative of the trust and confidence that investors have in the company’s future prospects. With the right strategies in place, it seems that Whirlpool India is sure to continue its upward trajectory in the years to come.
Stock Price
The stock opened at $122.2 and closed at $119.0, down by 2.9% from its prior closing price of $122.6. This significant growth was driven by the company’s success in their fourth quarter earnings, which exceeded expectations. As a result, investors were encouraged to purchase Whirlpool shares, driving up the price. This increase in stock prices is seen as a positive sign for the company as it indicates investor confidence in Whirlpool’s future prospects. Live Quote…
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 |
| 19.29k | -1.61k | -0.9% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Whirlpool Corporation. More…
| Operations | Investing | Financing |
| 758 | -3.58k | 2.2k |
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 |
| 16.89k | 14.65k | 37.63 |
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 |
| 0.4% | -13.7% | -4.4% |
| FCF Margin | ROE | ROA |
| 1.0% | -26.2% | -3.2% |
Analysis
GoodWhale recently conducted an analysis on WHIRLPOOL CORPORATION‘s wellbeing. Our Star Chart shows that WHIRLPOOL CORPORATION has a high health score of 7/10 considering its cashflows and debt, indicating that the company is capable of paying off its debt and funding future operations. Furthermore, we classified WHIRLPOOL CORPORATION as a ‘cow’, which is a type of company that typically has a track record of paying out consistent and sustainable dividends. Therefore, investors who are looking for income and sustainability may be interested in WHIRLPOOL CORPORATION. The company is strong in terms of its assets and dividends, medium in terms of profitability and weak in terms of growth. This means that investors should be aware of the company’s limitations, but the possibility of steady returns could prove to be attractive nonetheless. More…
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 is one of the leading home appliance manufacturers in the world. On 15 Dec 2023, Whirlpool of India’s share price opened at Rs. The stock has shown consistent growth in the past few months and analysts believe that the company is set to benefit from long-term growth opportunities.
There is an overall positive sentiment in the market about the company’s performance and investors are advised to take a long term view when investing in Whirlpool Corporation. Investors should also consider risk factors associated with investing in Whirlpool Corporation such as macroeconomic uncertainties and changes in consumer demand.
