Welbilt Stock Forecast, Price & News

8 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Welbilt in the last year. There are currently 8 hold ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Welbilt stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WBT, but not buy additional shares or sell existing shares.
View analyst ratings for Welbilt or view top-rated stocks.

Wall Street analysts have given Welbilt a "Hold" rating, but there may be better buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Welbilt wasn't one of them. MarketBeat thinks these five companies may be even better buys.
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Welbilt saw a increase in short interest in June. As of June 15th, there was short interest totaling 8,380,000 shares, an increase of 24.5% from the May 31st total of 6,730,000 shares. Based on an average trading volume of 3,750,000 shares, the days-to-cover ratio is currently 2.2 days. Currently, 6.0% of the shares of the company are short sold.
View Welbilt's Short Interest.

Welbilt is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Welbilt.

Welbilt will be holding an earnings conference call on Tuesday, August 3rd at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 416-621-4642 with passcode "906-7868".

Welbilt, Inc (NYSE:WBT) announced its earnings results on Thursday, May, 6th. The industrial products company reported $0.08 EPS for the quarter, topping the Zacks' consensus estimate of $0.03 by $0.05. The industrial products company had revenue of $316.80 million for the quarter, compared to the consensus estimate of $287.77 million. Welbilt had a net margin of 1.37% and a trailing twelve-month return on equity of 13.46%. Welbilt's quarterly revenue was down 3.7% on a year-over-year basis. During the same period in the prior year, the firm earned $0.01 earnings per share.
View Welbilt's earnings history.

Welbilt's stock was trading at $8.48 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization (WHO). Since then, WBT shares have increased by 175.7% and is now trading at $23.38.
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8 analysts have issued 1-year price objectives for Welbilt's stock. Their forecasts range from $18.00 to $26.00. On average, they expect Welbilt's stock price to reach $22.67 in the next twelve months. This suggests that the stock has a possible downside of 3.1%.
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Some companies that are related to Welbilt include The Middleby (MIDD), Hayward (HAYW), Evoqua Water Technologies (AQUA), Tennant (TNC), Standex International (SXI) and Generation Next Franchise Brands (VEND).
View all of WBT's competitors.

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).

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

Welbilt's stock is owned by a number of retail and institutional investors. Top institutional investors include Havens Advisors LLC (0.10%) and Harvest Management LLC (0.09%). Company insiders that own Welbilt stock include Jennifer Gudenkauf and William Johnson.
View institutional ownership trends for Welbilt.

WBT stock was acquired by a variety of institutional investors in the last quarter, including Havens Advisors LLC, and Harvest Management LLC. Company insiders that have bought Welbilt stock in the last two years include Jennifer Gudenkauf, and William Johnson.
View insider buying and selling activity for Welbilt or or view top insider-buying stocks.

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.
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One share of WBT stock can currently be purchased for approximately $23.38.

Welbilt has a market capitalization of $3.32 billion and generates $1.15 billion in revenue each year. The industrial products company earns $-7,400,000.00 in net income (profit) each year or $0.16 on an earnings per share basis.

Welbilt employs 4,400 workers across the globe.

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

Welbilt is headquartered at 2227 WELBILT BOULEVARD, NEW PORT RICHEY FL, 34655.

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]