NYSE:WBT - Welbilt Stock Price, Price Target & More

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

Welbilt, Inc (NYSE:WBT) released its quarterly earnings results on Monday, May, 7th. The industrial products company reported $0.15 EPS for the quarter, topping the Zacks' consensus estimate of $0.11 by $0.04. The industrial products company had revenue of $350.40 million for the quarter, compared to analyst estimates of $329.86 million. Welbilt had a return on equity of 161.21% and a net margin of 9.64%. Welbilt's revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the prior year, the company earned $0.08 EPS. View Welbilt's Earnings History.

Welbilt issued an update on its FY18 earnings guidance on Monday, May, 7th. The company provided earnings per share guidance of $0.80-0.90 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.88. The company issued revenue guidance of +7-10% YoY to $1.55-1.59 billion, compared to the consensus revenue estimate of $1.56 billion.

9 brokers have issued 12-month target prices for Welbilt's shares. Their forecasts range from $21.00 to $25.00. On average, they anticipate Welbilt's share price to reach $23.50 in the next twelve months. View Analyst Ratings for Welbilt.

Some companies that are related to Welbilt include Brambles (BXBLY), A. O. Smith (AOS), IDEX (IEX), James Hardie Industries (JHX), Snc-Lavalin Group (SNC), AB SKF (SKFRY), Asahi Glass (ASGLY), Avery Dennison (AVY), KION Grp AG/ADR (KIGRY), Alcoa Domestic (AA), Fortune Brands Home & Security (FBHS), Zebra Technologies (ZBRA), Pentair (PNR), HITACHI Constr/ADR (HTCMY) and Graco (GGG).

News coverage about WBT stock has trended very positive this week, Accern Sentiment reports. Accern scores the sentiment of press coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Welbilt earned a coverage optimism score of 0.52 on Accern's scale. They also gave news headlines about the industrial products company an impact score of 47.94 out of 100, meaning that recent press coverage is somewhat unlikely to have an effect on the stock's share price in the near term.

Welbilt's stock is owned by a variety of of institutional and retail investors. Top institutional investors include Select Equity Group L.P. (8.96%), BlackRock Inc. (3.83%), Champlain Investment Partners LLC (3.50%), Dimensional Fund Advisors LP (2.44%), Earnest Partners LLC (2.29%) and Victory Capital Management Inc. (1.27%). 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.

WBT stock was sold by a variety of institutional investors in the last quarter, including Oak Ridge Investments LLC, FIL Ltd, Federated Investors Inc. PA, State of Wisconsin Investment Board, California Public Employees Retirement System, Keeley Teton Advisors LLC, Frontier Capital Management Co. LLC and Symphony Asset Management 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.

WBT stock was purchased by a variety of institutional investors in the last quarter, including Intermede Investment Partners Ltd, Select Equity Group L.P., Champlain Investment Partners LLC, Eagle Asset Management Inc., JPMorgan Chase & Co., Victory Capital Management Inc., Earnest Partners LLC and Schwab Charles Investment Management Inc.. View Insider Buying and Selling for 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.

One share of WBT stock can currently be purchased for approximately $20.20.

Welbilt has a market capitalization of $2.77 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.

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]