Whirlpool Optimistic Despite Back-End Loaded Guidance
May 7, 2023
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Whirlpool Corporation ($NYSE:WHR) is an American multinational manufacturer and marketer of home appliances, headquartered in Benton Charter Township, Michigan. It is the world’s largest home appliance maker, and one of the leading companies in the global consumer and professional appliance markets. Recently, Whirlpool provided guidance for the back-end of the year that appears to be optimistic. Despite the challenging economic environment, Whirlpool remains confident in its outlook.
The company is looking to capitalize on the growth in e-commerce sales and is investing in digital marketing and customer experience initiatives. Meanwhile, Whirlpool’s focus on cost-cutting initiatives should help bolster the company’s profitability going forward.
Price History
Whirlpool Corporation stock opened at $137.6 and closed at $137.0 on Friday, representing a 0.9% increase from its previous closing price of 135.8. Despite this modest growth, the company has remained optimistic in its guidance for the coming quarters. This optimism is reflected in its back-loaded guidance, which focuses on long-term growth and profitability for the company.
The company is confident that its current strategies will allow it to weather any economic uncertainty and come out strong in the long run. With this outlook in mind, Whirlpool Corporation is well-positioned to continue its success in the coming years. 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 |
| 19.45k | -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% |
Analysis
GoodWhale recently completed a financial analysis of WHIRLPOOL CORPORATION. According to our Star Chart, WHIRLPOOL CORPORATION has a high health score of 7/10 with regard to cashflows and debt, indicating it is well-positioned to face future crises and sustain operations. Our analysis revealed that WHIRLPOOL CORPORATION is strong in terms of dividend, medium in terms of asset, profitability and weak in terms of growth. We classify this company as a ‘cow’, which is a type of company that has historically paid out consistent and sustainable dividends. Investors who are looking for a steady income stream may find WHIRLPOOL CORPORATION to be an attractive option. 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 an appliance manufacturing company and a global leader in the home appliance market. The company’s stock has been performing well in recent months, with the most recent analyst guidance being positive and offering a positive outlook. The stock is currently trading at a higher level than it did a year ago, and analysts are predicting that it could continue to move higher in the near future.
Whirlpool’s sales have been increasing over the past few years and the company has been able to increase their profits as well. Investors looking to capitalize on this strong performance may want to consider investing in Whirlpool as the company is well-positioned for long-term success.
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