Whirlpool Corp. Asks Supreme Court to Review Case

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Whirlpool Corp Intrinsic Value – Whirlpool Corp ($NYSE:WHR)oration has filed a petition for certiorari with the Supreme Court of the United States, asking the court to review a lower court’s ruling that found the company liable for antitrust violations. Whirlpool has long been one of the world’s leading manufacturers of home appliances. In recent years, the company has been embroiled in antitrust litigation, with the latest case stemming from allegations that Whirlpool engaged in illegal pricing practices. The lower court’s ruling found that Whirlpool had indeed violated antitrust laws and ordered the company to pay a significant fine.

Whirlpool has now appealed to the Supreme Court, arguing that the lower court’s ruling was incorrect and that it should not be held liable for antitrust violations. The Supreme Court will now decide whether to hear the case. If it does, it will be a major test of antitrust law and could have far-reaching implications for other companies that are facing similar antitrust allegations.

Price History

On Tuesday, Whirlpool Corporation asked the Supreme Court to review a lower court’s ruling that the company had engaged in false and misleading advertising. At issue is whether Whirlpool’s ads violated the federal Lanham Act, which prohibits unfair competition and false advertising. A lower court ruled that Whirlpool’s ads were misleading because they implied that the company’s products were made in the United States when some of the parts were actually sourced from China.

Whirlpool has denied any wrongdoing, and it says that the ads were not misleading because they did not specifically say that the products were made in the United States. The Supreme Court will decide whether to hear the case later this year.

VI Analysis – Whirlpool Corp Intrinsic Value Calculator

Whirlpool Corporation is an American multinational manufacturer and marketer of home appliances, headquartered in Benton Charter Township, Michigan, United States. The company’s products include laundry appliances, refrigerators, dishwashers, cooking appliances, and other small appliances. It also has a major presence in the contract appliance industry, with its products being used in hotels, college dormitories, and other commercial applications. The company’s long-term potential is reflected in its fundamentals, which are made simple by VI app.

The intrinsic value of Whirlpool Corporation share is around $215.4, calculated by VI Line. Now Whirlpool Corporation stock is traded at $137.4, undervalued by 36%.

VI 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

If you’re looking for a stable investment, Whirlpool Corp is a good option. While there may be some ups and downs in the stock market, over the long-term, Whirlpool is a good bet.