Whirlpool Earns Membership In 95-Plus Composite Rating Club

No. 1 appliances maker Whirlpool has benefited as shelter-at-home consumers have upgraded their homes this past year. The question now is: Can Whirlpool (WHR) continue to grow as the pandemic wanes and consumers, eager to get out of the house, spend their discretionary dollars on outdoor activities, travel, dining and such? It’s off to a good start. On Monday its IBD SmartSelect Composite Rating jumped to a lofty 96, up from 93 the day before.


The upgrade means the stock is now outperforming 96% of all other stocks in terms of key performance metrics and technical strength. The rating contains a mix of five other IBD stock ratings. The best growth stocks have a Composite Rating of 90 or better.

Triple-Digit Profit Growth Last Quarter

Tellingly, Whirlpool has an A Accumulation/Distribution Rating on an A+ to E scale with A+ superb and E dismal. The A A/D rating means funds and other institutions are rapidly buying shares of the Benton Harbor, Mich.-based company.

In terms of fundamentals, in its most recent quarter Whirlpool reported a 152% earnings-per-share surge for Q1, to $7.20 per share. EPS rose 74% and 35% the prior two quarters.

Last quarter revenue grew 24% to $5.36 billion, up from 8% growth in the prior report. That marks three quarters of rising sales growth.

Whirlpool holds the No. 1 rank among its peers in the Household-Appliances/Hardware industry group. Betterware De Mexico (BWMX) and iRobot (IRBT) are also among the group’s highest-rated stocks.

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Whirlpool stock has an 89 EPS Rating, meaning its recent quarterly and annual earnings growth is outpacing 89% of all stocks.

Whirlpool is now out of buy range after clearing the 214.78 buy point in a cup without handle. See if it presents a follow-on buying opportunity, such as a three-weeks-tight pattern or a rebound off its 50-day or 10-week line.


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