Whirlpool Reaches New 52-Week High (WHR)

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

NEW YORK ( TheStreet) -- Whirlpool Corporation (NYSE: WHR) hit a new 52-week high Friday as it is currently trading at $86.87, above its previous 52-week high of $86.47 with 61,293 shares traded as of 9:46 a.m. ET. Average volume has been 1.2 million shares over the past 30 days.

Whirlpool has a market cap of $6.59 billion and is part of the consumer goods sector and consumer durables industry. Shares are up 79% year to date as of the close of trading on Thursday.

Whirlpool Corporation engages in the manufacture and marketing of home appliances worldwide. Its principal products include laundry appliances, refrigerators and freezers, cooking appliances, dishwashers, mixers, and other portable household appliances. The company has a P/E ratio of 11.3, equal to the average consumer durables industry P/E ratio and below the S&P 500 P/E ratio of 17.7.

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TheStreet Ratings rates Whirlpool as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, attractive valuation levels, good cash flow from operations, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. You can view the full Whirlpool Ratings Report.

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