Mar. 28 at 12:31 PM
$WHR Looking to start rebuying, but need to find the bottom. Sold some holdings last in the high
$80's.
Company fundamentals show near-term strain—Whirlpool missed quarterly EPS estimates (
$1.10 vs.
$1.54 expected) and posted slightly lower revenue, yet it pays a quarterly dividend that equates to a 6.9% yield with a ~63.7% payout ratio. Five of the six analysts covering are Sell/Hold currently.
Fortunately, appliances always need to be replaced. Downside, more competition in the sector and housing market needs to recover.
