CFRA, an independent research provider, has providedwith the following research alert. Analysts at CFRA have summarized their opinion as follows:
We lower our 12-month price target by $25 to $60, based on 10x our 2027 EPS estimate and slightly higher than the company's three-year average forward P/E multiple of 9.3x. We lower our 2026 EPS estimate to $3.25 from $6.51 and 2027 to $6.00 from $8.09. WHR reported first-quarter results that reflected severe pressure from macroeconomic deterioration and industry disruption. The company posted a normalized EPS loss of -$0.56 per share versus earnings of $1.70 per share in Q1 2025 and $1.03 below estimates. Net sales declined 9.6% to $3,273M, $167M below estimates, with organic sales down 6.1% as the war in Iran triggered a recession-level collapse in U.S. appliance demand during late February and March. We believe value has emerged in shares for patient investors willing to look past the next few quarters as shares trade at the bottom of its 35-year range. Our opinion is that earnings will snap back significantly in 2027 and 2028 and we see investors beginning to look past 2026.