Whirlpool (WHR) Shares Under Pressure as Analyst Warns of Soft February Shipments

Comments from Longbow's David MacGregor may be weighing on shares of Whirlpool (NYSE: WHR) Thursday morning. The stock is down about 1.3 percent to $72.61 at last check.

The analyst is modeling for North American sales of major appliances during February to be down in the low-single digit range. MacGregor warned of negative same-store sales as year-over-year comparisons have been tough so far this year.

MacGregor lowered his first-quarter earnings estimate on Whirlpool from $1.45 to $1.25 per share. The Street is currently expecting quarterly EPS of $1.19.

The Longbow analyst maintains a Buy rating and $81 price target on shares of Whirlpool.

Track all the analyst calls on Whirlpool shares with our Analyst Ratings page.

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