NYSE:WBT

Welbilt Stock Forecast, Price & News

$14.18

-0.04 (-0.28 %)

(As of 01/15/2021 08:00 PM ET)

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Today's Range

$14.00

Now: $14.18▼

$14.35

50-Day Range

$9.45

MA: $12.15▼

$14.29

52-Week Range

$3.17

Now: $14.18▼

$15.78

Volume55,521 shs

Average Volume1.43 million shs

Market Capitalization$2.01 billion

P/E Ratio354.50

Dividend YieldN/A

Beta1.99

Welbilt is a leading global supplier of commercial foodservice equipment. Their broad, award-winning hot- and cold-side product portfolio includes many brands, including Cleveland Range, Convotherm, Delfield, Frymaster, Garland, Kolpak, Lincoln, Manitowac, Merco, Merrychef, and Multiplex Beverage.

MarketRank^™

Overall MarketRank^™

1.20 out of 5 stars

1.3 Analyst's Opinion

Consensus Rating
Welbilt has received a consensus rating of Buy. The company's average rating score is 2.60, and is based on 3 buy ratings, 2 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $14.17, Welbilt has a forecasted downside of 0.1% from its current price of $14.18.
Amount of Analyst Coverage
Welbilt has only been the subject of 2 research reports in the past 90 days.

2.4 Community Rank

Outperform Votes
Welbilt has received 272 “outperform” votes. (Add your “outperform” vote.)
Underperform Votes
Welbilt has received 294 “underperform” votes. (Add your “underperform” vote.)
Community Sentiment
Welbilt has received 51.94% “underperform” votes from our community.

MarketBeat's community ratings are surveys of what our community members think about Welbilt and other stocks. Vote “Outperform” if you believe WBT will outperform the S&P 500 over the long term. Vote “Underperform” if you believe WBT will underperform the S&P 500 over the long term. You may vote once every thirty days.

0.0 Dividend Strength

Dividend Yield
Welbilt does not currently pay a dividend.
Dividend Growth
Welbilt does not have a long track record of dividend growth.

1.7 Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Welbilt insiders have not sold or bought any company stock.
Percentage Held by Insiders
Only 0.49% of the stock of Welbilt is held by insiders.
Percentage Held by Institutions
83.26% of the stock of Welbilt is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

0.6 Earnings and Valuation

Earnings Growth
Earnings for Welbilt are expected to grow in the coming year, from ($0.03) to $0.28 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Welbilt is 354.50, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 21.57.
Price to Earnings Ratio vs. Sector
The P/E ratio of Welbilt is 354.50, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 36.17.
Price to Book Value per Share Ratio
Welbilt has a P/B Ratio of 7.92. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

Industry, Sector and Symbol

Stock Exchange NYSE

Industry Refrigeration & service industry machinery

Sub-IndustryN/A

SectorIndustrial Products

Current SymbolNYSE:WBT

Previous Symbol

CUSIPN/A

CIK1650962

Webwww.manitowocfoodservice.com

Phone727-375-7010

Employees5,100

Debt

Debt-to-Equity Ratio6.95

Current Ratio2.12

Quick Ratio1.32

Price-To-Earnings

Trailing P/E Ratio354.50

Forward P/E RatioN/A

P/E GrowthN/A

Sales & Book Value

Annual Sales$1.59 billion

Price / Sales1.26

Cash Flow$2.42 per share

Price / Cash Flow5.85

Book Value$1.79 per share

Price / Book7.92

Profitability

EPS (Most Recent Fiscal Year)$0.68

Net Income$55.90 million

Net Margins0.45%

Return on Equity21.76%

Return on Assets2.29%

Miscellaneous

Outstanding Shares141,516,000

Market Cap$2.01 billion

Next Earnings Date2/23/2021 (Estimated)

OptionableOptionable

$14.18

-0.04 (-0.28 %)

(As of 01/15/2021 08:00 PM ET)

30 days | 90 days | 365 days | Advanced Chart

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Welbilt (NYSE:WBT) Frequently Asked Questions

How has Welbilt's stock price been impacted by COVID-19 (Coronavirus)?

Welbilt's stock was trading at $8.48 on March 11th, 2020 when COVID-19 (Coronavirus) reached pandemic status according to the World Health Organization. Since then, WBT stock has increased by 67.2% and is now trading at $14.18.
View which stocks have been most impacted by COVID-19.

Is Welbilt a buy right now?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Welbilt in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" Welbilt stock.
View analyst ratings for Welbilt or view MarketBeat's top 5 stock picks.

What stocks does MarketBeat like better than Welbilt?

Wall Street analysts have given Welbilt a "Buy" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Welbilt wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

When is Welbilt's next earnings date?

Welbilt is scheduled to release its next quarterly earnings announcement on Tuesday, February 23rd 2021.
View our earnings forecast for Welbilt.

How were Welbilt's earnings last quarter?

Welbilt, Inc (NYSE:WBT) released its quarterly earnings data on Tuesday, November, 3rd. The industrial products company reported $0.07 earnings per share (EPS) for the quarter, beating the Thomson Reuters' consensus estimate of ($0.01) by $0.08. The industrial products company earned $298.50 million during the quarter, compared to the consensus estimate of $271.73 million. Welbilt had a net margin of 0.45% and a return on equity of 21.76%. The company's revenue for the quarter was down 27.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.22 EPS.
View Welbilt's earnings history.

What price target have analysts set for WBT?

5 equities research analysts have issued twelve-month price objectives for Welbilt's shares. Their forecasts range from $8.00 to $20.00. On average, they expect Welbilt's stock price to reach $14.17 in the next twelve months. This suggests that the stock has a possible downside of 0.1%.
View analysts' price targets for Welbilt or view Wall Street analyst' top-rated stocks.

Who are some of Welbilt's key competitors?

Some companies that are related to Welbilt include The Middleby (MIDD), Evoqua Water Technologies (AQUA), Tennant (TNC), Standex International (SXI) and Generation Next Franchise Brands (VEND).
View all of WBT's competitors.

What other stocks do shareholders of Welbilt own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Welbilt investors own include The Manitowoc (MTW), Progenics Pharmaceuticals (PGNX), Coty (COTY), WPX Energy (WPX), Advanced Micro Devices (AMD), Energy Transfer (ET), Visa (V), Ford Motor (F), Cloudera (CLDR) and Macy's (M).

Who are Welbilt's key executives?

Welbilt's management team includes the following people:

Mr. Hubertus M. Muehlhaeuser, Pres, CEO & Director (Age 48)
Mr. Haresh Shah, Sr. VP & CFO (Age 49)
Mr. Josef Matosevic, Sr. VP & COO (Age 47)
Mr. Andreas Georg Weishaar, Sr. VP of Strategy, Marketing & Digital (Age 45)
Mr. Richard N. Caron, Sr. VP of Innovation (Age 61)

What is Welbilt's stock symbol?

Welbilt trades on the New York Stock Exchange (NYSE) under the ticker symbol "WBT."

Who are Welbilt's major shareholders?

Welbilt's stock is owned by many different retail and institutional investors. Top institutional shareholders include Wedge Capital Management L L P NC (0.70%) and Huntington National Bank (0.00%). Company insiders that own Welbilt stock include Haresh Shah, Jamie E Palm, Jennifer Gudenkauf, Joel H Horn, Josef Matosevic, Richard James Sheffer, Richard N Caron and William Johnson.
View institutional ownership trends for Welbilt.

Which major investors are selling Welbilt stock?

WBT stock was sold by a variety of institutional investors in the last quarter, including Wedge Capital Management L L P NC, and Huntington National Bank.
View insider buying and selling activity for Welbilt or view top insider-selling stocks.

How do I buy shares of Welbilt?

Shares of WBT can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.

What is Welbilt's stock price today?

One share of WBT stock can currently be purchased for approximately $14.18.

How big of a company is Welbilt?

Welbilt has a market capitalization of $2.01 billion and generates $1.59 billion in revenue each year. The industrial products company earns $55.90 million in net income (profit) each year or $0.68 on an earnings per share basis. Welbilt employs 5,100 workers across the globe.

What is Welbilt's official website?

The official website for Welbilt is www.manitowocfoodservice.com.

How can I contact Welbilt?

Welbilt's mailing address is 2227 WELBILT BOULEVARD, NEW PORT RICHEY FL, 34655. The industrial products company can be reached via phone at 727-375-7010 or via email at [email protected]

This page was last updated on 1/19/2021 by MarketBeat.com Staff

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