J.P. Morgan analyst Michael Rehaut has maintained their neutral stance on WHR stock, giving a Hold rating on July 23.
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Michael Rehaut’s rating is based on several considerations regarding Whirlpool’s current financial and market position. The company’s recent earnings report showed mixed results, with operating earnings per share slightly below street expectations and adjusted EBIT also falling short. While there was a slight improvement in consolidated operating margins, regional performance varied, with North America experiencing a decline and Latin America showing a significant increase.
Moreover, the demand environment remains a concern, as the market is primarily driven by replacement demand rather than new purchases, which affects the product mix. Additionally, investors are closely watching the impact of tariffs and the company’s ability to meet its leverage goals by the end of 2025. These factors, combined with the anticipated cash flow impact from the divestiture of the EMEA MDA business, contribute to the Hold rating, as they present both challenges and opportunities for Whirlpool moving forward.
In another report released on July 23, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $101.00 price target.