Whirlpool (WHR) Sees a More Significant Dip Than Broader Market: Some Facts to Know
WHR dropped 3.44% to $34.00, extending a month-long slide that has pushed shares down 14.89% while the S&P 500 logged smaller losses. The appliance maker now trades at a forward P/E of 15.65, matching its industry average, according to Zacks Investment Research.
The selloff comes as earnings projections deteriorate sharply. Analysts expect a 51.67% decline in earnings per share for the upcoming quarter and a 63.88% collapse in full-year EPS. Revenue is forecast to fall modestly by comparison, signaling margin pressure rather than a collapse in demand.
Zacks maintains a Rank of #3 (Hold) on the stock, suggesting neutral near-term prospects despite the steep earnings revisions. The valuation multiple has compressed alongside the downward estimate revisions, leaving WHR priced in line with peers even as profitability crumbles.