Whirlpool (US:WHR) ZACKS·2024-09-10 23:21Company Performance - Whirlpool's stock closed at $97.19, with a slight increase of +0.08% from the previous day, underperforming the S&P 500's gain of 0.45% [1] - Over the past month, Whirlpool shares have increased by 5.35%, outperforming the Consumer Discretionary sector's gain of 3.49% and the S&P 500's gain of 2.54% [1] Earnings Projections - The upcoming EPS for Whirlpool is projected at $3.04, indicating a significant decline of 44.22% compared to the same quarter last year [2] - Revenue for the upcoming quarter is estimated at $4.07 billion, down 17.29% from the prior-year quarter [2] Fiscal Year Estimates - For the entire fiscal year, earnings are projected at $11.31 per share, reflecting a decrease of 30.01% from the previous year, while revenue is expected to be $16.78 billion, down 13.73% [3] - Recent changes in analyst estimates are crucial as they indicate evolving short-term business trends, with positive revisions suggesting analyst optimism [3] Valuation Metrics - Whirlpool has a Forward P/E ratio of 8.59, which is lower than the industry average of 13.28, indicating that Whirlpool is trading at a discount compared to its peers [6] - The Household Appliances industry, part of the Consumer Discretionary sector, holds a Zacks Industry Rank of 96, placing it in the top 38% of over 250 industries [6] Zacks Rank System - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently rates Whirlpool at 4 (Sell), reflecting a stagnant EPS estimate over the past month [5] - Historically, 1 ranked stocks have generated an average annual return of +25% since 1988, indicating the potential impact of the Zacks Rank on stock performance [5]