Whirlpool Corp. Expects Record Profits – Shares Appear Undervalued
YCharts.com submits:
It’s not easy selling $3,000 refrigerators and top-end dishwashers when housing construction is dead and consumers are worried about their jobs. So this dive in revenues for Whirlpool Corp. ( WHR ) two years ago was hardly surprising.
WHR Stock Chart by YCharts
What’s unexpected is the recovery at the end of that line, an encouraging rebound that’s repeated across key fundamentals for the company. In fact, management predicts record Whirlpool earnings this year.
The improvements of the past two years have been so strong that YCharts Pro now gives Whirlpool top marks on all basic fundamentals. And its shares, according to the charts, are undervalued.
Whirlpool achieved this quick turnaround by focusing attention at the height of the recession on two key factors: profit margins and cash management.
To improve profitability, the company cut costs considerably by making interchangeable the parts it uses in appliances in every country. Whirlpool manufactures appliances Complete Story »
View full post on All Stories
If you enjoyed this post, please consider to leave a comment or subscribe to the feed and get future articles delivered to your feed reader.
