NYSE:WBT - Welbilt Stock Price, News, Headlines & Rumors

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$21.50 +0.34 (+1.61 %)
(As of 08/17/2018 04:00 PM ET)
Previous Close$21.16
Today's Range$21.14 - $21.53
52-Week Range$18.34 - $23.85
Volume927,200 shs
Average Volume932,782 shs
Market Capitalization$2.85 billion
P/E Ratio27.65
Dividend YieldN/A
Beta1.18
Welbilt logoWelbilt 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.

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Industry, Sector and Symbol

Stock Exchange NYSE
Industry Refrigeration & service industry machinery
Sub-IndustryN/A
SectorIndustrial Products
SymbolNYSE:WBT
CUSIPN/A
Phone727-375-7010

Debt

Debt-to-Equity Ratio9.67
Current Ratio1.61
Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio27.65
Forward P/E Ratio24.16
P/E Growth2.3

Sales & Book Value

Annual Sales$1.45 billion
Price / Sales2.08
Cash Flow$1.2279 per share
Price / Cash17.51
Book Value$0.79 per share
Price / Book27.22

Profitability

EPS (Most Recent Fiscal Year)$0.77
Net Income$134 million
Net Margins8.14%
Return on Equity123.68%
Return on Assets6.33%

Miscellaneous

Employees5,400
Outstanding Shares140,120,000
Market Cap$2.85 billion

Welbilt (NYSE:WBT) Frequently Asked Questions

What is Welbilt's stock symbol?

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

How were Welbilt's earnings last quarter?

Welbilt, Inc (NYSE:WBT) posted its quarterly earnings results on Thursday, August, 9th. The industrial products company reported $0.20 earnings per share for the quarter, meeting the Zacks' consensus estimate of $0.20. The industrial products company earned $420.70 million during the quarter, compared to the consensus estimate of $401.45 million. Welbilt had a return on equity of 123.68% and a net margin of 8.14%. The business's revenue was up 13.4% compared to the same quarter last year. During the same period last year, the company earned $0.23 earnings per share. View Welbilt's Earnings History.

When is Welbilt's next earnings date?

Welbilt is scheduled to release their next quarterly earnings announcement on Monday, November, 5th 2018. View Earnings Estimates for Welbilt.

What guidance has Welbilt issued on next quarter's earnings?

Welbilt updated its FY18 earnings guidance on Thursday, August, 9th. The company provided EPS guidance of $0.80-0.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.90. The company issued revenue guidance of $1.58-1.62 billion, compared to the consensus revenue estimate of $1.58 billion.

What price target have analysts set for WBT?

10 equities research analysts have issued 12-month target prices for Welbilt's stock. Their predictions range from $22.00 to $25.00. On average, they expect Welbilt's stock price to reach $23.8333 in the next twelve months. This suggests a possible upside of 10.9% from the stock's current price. View Analyst Price Targets for Welbilt.

What is the consensus analysts' recommendation for Welbilt?

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Welbilt in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Welbilt.

Who are some of Welbilt's key competitors?

Who are Welbilt's key executives?

Welbilt's management team includes the folowing 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)

Has Welbilt been receiving favorable news coverage?

News coverage about WBT stock has been trending somewhat positive recently, according to Accern. The research firm identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Welbilt earned a news impact score of 0.02 on Accern's scale. They also assigned media headlines about the industrial products company an impact score of 46.23 out of 100, meaning that recent press coverage is somewhat unlikely to have an impact on the company's share price in the next several days. View Recent Headlines for Welbilt.

Who are Welbilt's major shareholders?

Welbilt's stock is owned by a number of of institutional and retail investors. Top institutional investors include Select Equity Group L.P. (10.00%), BlackRock Inc. (4.06%), Investec Asset Management LTD (3.05%), Brown Advisory Inc. (2.94%), Dimensional Fund Advisors LP (2.41%) and Earnest Partners LLC (2.30%). Company insiders that own Welbilt stock include Brian R Gamache, Joel H Horn, Josef Matosevic and Maurice D Jones. 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 Investec Asset Management LTD, Millennium Management LLC, Federated Investors Inc. PA, Eagle Asset Management Inc., Engineers Gate Manager LP, Frontier Capital Management Co. LLC, Investec Asset Management North America Inc. and Oak Ridge Investments LLC. Company insiders that have sold Welbilt company stock in the last year include Joel H Horn and Josef Matosevic. View Insider Buying and Selling for Welbilt.

Which major investors are buying Welbilt stock?

WBT stock was bought by a variety of institutional investors in the last quarter, including Select Equity Group L.P., Brown Advisory Inc., Wedge Capital Management L L P NC, Bank of New York Mellon Corp, Standard Life Aberdeen plc, BlackRock Inc., Victory Capital Management Inc. and Comerica Bank. View Insider Buying and Selling for Welbilt.

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 Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Welbilt's stock price today?

One share of WBT stock can currently be purchased for approximately $21.50.

How big of a company is Welbilt?

Welbilt has a market capitalization of $2.85 billion and generates $1.45 billion in revenue each year. The industrial products company earns $134 million in net income (profit) each year or $0.77 on an earnings per share basis. Welbilt employs 5,400 workers across the globe.

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]


MarketBeat Community Rating for Welbilt (NYSE WBT)

Community Ranking:  2.2 out of 5 (star star)
Outperform Votes:  148 (Vote Outperform)
Underperform Votes:  184 (Vote Underperform)
Total Votes:  332
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.
This page was last updated on 8/17/2018 by MarketBeat.com Staff

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