|Bid||0.00 x 900|
|Ask||122.56 x 1200|
|Day's range||121.51 - 129.15|
|52-week range||64.00 - 163.64|
|Beta (5Y monthly)||1.98|
|PE ratio (TTM)||8.98|
|Earnings date||22 Jul 2020|
|Forward dividend & yield||4.80 (3.72%)|
|Ex-dividend date||14 May 2020|
|1y target est||104.50|
Whirlpool Corporation (WHR), Dow (DOW) and Reynolds Consumer Products (REYN) are teaming up to create PAPR, powered, air-purifying respirators.
(Bloomberg Opinion) -- After a prolonged shutdown, Ford Motor Co. officially resumed production at its North American factories this week. It hasn’t been as smooth a process as the company might have hoped: Ford had to temporarily close two critical facilities this week to allow for a deep cleaning after workers tested positive for the coronavirus. An Explorer SUV plant in Chicago was closed a second time after an employee at a nearby supplier facility tested positive for the virus, causing a parts shortage.This is the reality of manufacturing for the time being as companies fret about worker safety and the legal and reputational risks of not doing enough to protect employees. Unlike Ford, whose products fall into a category of consumer spending that’s become even more discretionary amid the pandemic, wide swaths of the industrial sector were deemed essential and allowed to remain operational. Those companies, too, have had their share of growing pains as they adjust to a new way of working.Boeing Co. temporarily closed its factories in the Puget Sound area in March after a worker died of the coronavirus and later briefly shuttered work at its 787 plant in South Carolina. CBS Minnesota reported earlier this month that a Honeywell International Inc. facility in Minneapolis had closed after a worker tested positive. Whirlpool Corp. closed its Amana, Iowa, refrigerator plant at least twice after employees tested positive for the virus, according to the Gazette local paper. Deere & Co. and Altria Group Inc.’s Philip Morris USA are among the many others that have had to close plants on a limited basis to avoid outbreaks among workers. Lockheed Martin Corp., meanwhile, said this week it will temporarily slow production of the F-35 fighter jet because of delays at suppliers. It’s a lot harder, though, to bring factories back to life than it is to just figure it out as you go along. Ford may be a manufacturer, but because it’s one of the few to have experienced an extended lockdown, it’s arguably a better benchmark for the non-industrial economy. You better believe that office-based companies that have sent most of their workers home are keeping a close eye on how the likes of Ford fare in flipping the switch back on. Seeing the automaker’s setbacks this week, companies that can operate without their employees clustered in the same place may be less keen to rush back. They’re getting a more continuous stream of work out of their employees now than they would if they had to hit the pause button and clear out the office every few weeks. And the mixed messages from the White House aren't helpful: President Donald Trump is due to visit a Ford factory in Michigan that’s been converted to ventilator production and has been wishy-washy on whether he will adhere to the company’s face-mask requirements. Already, American Express Co. CEO Steve Squeri and Visa Inc. CEO Al Kelly said this week that most of their employees would work from home for the rest of the year. Some 28% of employers recently surveyed by Challenger, Gray & Christmas said they would make work-from-home arrangements permanent for at least some employees. Cryptocurrency exchange Coinbase and social media site Twitter Inc. are among those who have publicly said remote working will be their indefinite default option. Facebook Inc. said Thursday it would follow suit and move to a more permanent remote workforce.At the end of the day, manufacturing or non-manufacturing, it's all interconnected. How permanent this shift to work from home will be is debatable, but if companies end up needing less office space, by default that means fewer HVAC systems, commercial lighting, fire and security products or even 3M Co.’s Post-it notes. And if workers aren’t going to be commuting, do they still need to buy cars from Ford? There's a lot riding on getting reopening right. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Brooke Sutherland is a Bloomberg Opinion columnist covering deals and industrial companies. She previously wrote an M&A column for Bloomberg News.For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
As a side effect of the COVID-19 coronavirus pandemic, home appliance manufacturers such as Whirlpool (NYSE: WHR) and retailers like Lowe's (NYSE: LOW) or Best Buy (NYSE: BBY) may profit from a new trend in purchases as people stock up on the freezers needed to store extra food during and after the outbreak. According to the Association of Home Appliance Manufacturers, or AHAM, pandemic buying has boosted deep freezer sales by approximately 45% year over year during the first quarter. Anecdotal evidence from appliance store owners supports the figures.
Shares in Whirlpool (NYQ:WHR) are currently trading at 109.26, but a key question for investors is how much the current economic uncertainty will affect the pr8230;
Joining me today are Marc Bitzer, our chairman and chief executive officer; and Jim Peters, our chief financial officer. Before we begin, I remind you that as we conduct this call, we will be making forward-looking statements to assist you in understanding Whirlpool Corporation's future expectations.
As consumers bake more, strong sales growth of KitchenAid stand mixers was icing on the cake in Whirlpool's latest quarterly results.
Whirlpool (WHR) delivered earnings and revenue surprises of 8.05% and -1.18%, respectively, for the quarter ended March 2020. Do the numbers hold clues to what lies ahead for the stock?
Whirlpool (WHR) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Whirlpool (WHR) withdraws 2020 guidance in the wake of the adverse impact of COVID-19 on its businesses. Also, it pulls out $2.2 billion from its current revolving credit facility.
Best Buy's stores have been packed amid the rush to buy work-from-home gear during the coronavirus pandemic.
Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Whirlpool (WHR) have what it takes? Let's find out.
Some investors rely on dividends for growing their wealth, and if you're one of those dividend sleuths, you might be...
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
Investors in Whirlpool Corporation (NYSE:WHR) had a good week, as its shares rose 5.1% to close at US$154 following...
Whirlpool's (WHR) fourth-quarter 2019 earnings benefits from operating margin growth despite soft top line. The company outlines a favorable view for 2020.
U.S. equities closed sharply lower on Monday, as Coronavirus claimed more lives and investors remained worried about the impact of the fast-spreading illness on the global economy.
Whirlpool (WHR) delivered earnings and revenue surprises of 14.19% and -2.69%, respectively, for the quarter ended December 2019. Do the numbers hold clues to what lies ahead for the stock?
Whirlpool CEO Marc Bitzer chats with Yahoo Finance following the appliance maker's fourth quarter earnings report.
Chief Executive Officer Marc Bitzer told CNBC that the company will maintain the high prices. Whirlpool said it expects full-year 2020 profit to be between $16.00 per share and $17.00 per share, the mid-point of which is above analysts' average estimate of $16.34, according to IBES data from Refinitiv. Meanwhile, U.S. President Donald Trump last week announced adjustments to tariff-rate quotas (TRQ) on large residential washers, saying that domestic producers had begun to do better in the face of foreign competitors but more was left to be done.