Recent exceptional positive changes in investment behavior have benefitted Whirlpool Corp (NYSE: WHR): positive upside/downside volume developed, the stock’s recent price rise disrupted its longer term downtrend, and its shorter term price trend turned up.
Whirlpool Corp (NYSE: WHR) has benefited from minimal positive changes in fundamentals: significant quarterly earnings acceleration occurred.
In light of these very positive signals we are reviewing our current Overall Rating of F. We would view the shares with optimism pending completion of this review in the next several days.
Current PriceTarget Research Rating
WHR’s future returns on capital are forecasted to exceed the cost of capital. Accordingly, the company is expected to continue to be a major Value Builder.
Whirlpool has a current Value Trend Rating of F (Lowest Rating). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing inconsistent signals. Whirlpool has a neutral Appreciation Score of 46 but a very low Power Rating of 7, and the Lowest Value Trend Rating results.
Recent Price Action
Whirlpool Corp (NYSE: WHR) stock enjoyed a very large increase of 5.4% on 7/11/24. The shares closed at $108.44. However, unusually low trading volume at 64% of normal accompanied the advance. The stock has been extremely weak relative to the market over the last nine months but has risen 6.1% during the last week.
Be the first to comment