NYSE:WBT Welbilt Stock Forecast, Price & News Adding Choose a watchlist: Adding You have already added five stocks to your watchlist. Upgrade to MarketBeat Daily Premium to add more stocks to your watchlist. Adding Welbilt, Inc Please log in to your account or sign up in order to add this asset to your watchlist. Log In and Add $6.13 +0.02 (+0.33 %) (As of 09/28/2020 07:00 AM ET) Add Compare Share Today's Range$6.01Now: $6.13▼$6.2250-Day Range$6.03MA: $7.20▼$7.9452-Week Range$3.17Now: $6.13▼$19.81Volume1.63 million shsAverage Volume1.86 million shsMarket Capitalization$867.47 millionP/E Ratio153.25Dividend YieldN/ABeta1.96 ProfileAnalyst RatingsChartCompetitorsEarningsFinancialsInsider TradesInstitutional OwnershipHeadlinesOptions ChainSEC FilingsShort InterestSocial Media 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.Read More Beat the Market (BTM) Rank™ 3.3 Analyst's Opinion Consensus RatingWelbilt has received a consensus rating of Buy. The company's average rating score is 2.50, and is based on 3 buy ratings, 3 hold ratings, and no sell ratings.Price Target Upside/DownsideAccording to analysts' consensus price target of $12.83, Welbilt has a forecasted upside of 109.4% from its current price of $6.13.Amount of Analyst CoverageWelbilt has only been the subject of 2 research reports in the past 90 days. Previous Next 2.4 Community Rank Outperform VotesWelbilt has received 266 “outperform” votes. (Add your “outperform” vote.)Underperform VotesWelbilt has received 291 “underperform” votes. (Add your “underperform” vote.)Community SentimentWelbilt has received 52.24% “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. Previous Next 0.0 Dividend Strength Dividend YieldWelbilt does not currently pay a dividend.Dividend GrowthWelbilt does not have a long track record of dividend growth. Previous Next 1.0 Company Ownership Insider Buying vs. Insider SellingIn the past three months, Welbilt insiders have not sold or bought any company stock.Percentage Held by InsidersOnly 0.49% of the stock of Welbilt is held by insiders.Percentage Held by Institutions83.26% of the stock of Welbilt is held by institutions. High institutional ownership can be a signal of strong market trust in this company. Previous Next 0.6 Earnings and Valuation Earnings GrowthEarnings for Welbilt are expected to grow in the coming year, from ($0.02) to $0.31 per share.Price to Earnings Ratio vs. the MarketThe P/E ratio of Welbilt is 153.25, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 17.67.Price to Earnings Ratio vs. SectorThe P/E ratio of Welbilt is 153.25, which means that it is trading at a more expensive P/E ratio than the Industrial Products sector average P/E ratio of about 20.84.Price to Book Value per Share RatioWelbilt has a P/B Ratio of 3.42. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities. Previous Next Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -Overall Beat the Market Rank™1.46 out of 5 stars 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 Phone727-375-7010Debt Debt-to-Equity Ratio7.08 Current Ratio2.12 Quick Ratio1.32Price-To-Earnings Trailing P/E Ratio153.25 Forward P/E RatioN/A P/E GrowthN/A Sales & Book Value Annual Sales$1.59 billion Price / Sales0.54 Cash Flow$1.01 per share Price / Cash Flow6.09 Book Value$1.79 per share Price / Book3.42Profitability EPS (Most Recent Fiscal Year)$0.68 Net Income$55.90 million Net Margins0.45% Return on Equity21.76% Return on Assets2.29%Miscellaneous Employees5,100 Outstanding Shares141,512,000Market Cap$867.47 million Next Earnings Date11/3/2020 (Estimated) OptionableOptionable $6.13 +0.02 (+0.33 %) (As of 09/28/2020 07:00 AM ET) 30 days | 90 days | 365 days | Advanced Chart Receive WBT News and Ratings via Email Sign-up to receive the latest news and ratings for WBT and its competitors with MarketBeat's FREE daily newsletter. Welbilt (NYSE:WBT) Frequently Asked Questions How has Welbilt's stock price been impacted by Coronavirus (COVID-19)? Welbilt's stock was trading at $8.48 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WBT shares have decreased by 27.7% and is now trading at $6.13. View which stocks have been most impacted by COVID-19. Do Wall Street analysts recommend investors buy shares of Welbilt? 6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Welbilt in the last year. There are currently 3 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Welbilt. When is Welbilt's next earnings date? Welbilt is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020. View our earnings forecast for Welbilt. How were Welbilt's earnings last quarter? Welbilt, Inc (NYSE:WBT) posted its earnings results on Tuesday, August, 4th. The industrial products company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.06. The industrial products company had revenue of $206 million for the quarter, compared to the consensus estimate of $205.09 million. Welbilt had a return on equity of 21.76% and a net margin of 0.45%. Welbilt's quarterly revenue was down 51.7% on a year-over-year basis. During the same period last year, the business posted $0.22 earnings per share. View Welbilt's earnings history. What guidance has Welbilt issued on next quarter's earnings? Welbilt updated its third quarter 2020 Pre-Market earnings guidance on Tuesday, August, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $266.825-287.35 million, compared to the consensus revenue estimate of $267.02 million. What price target have analysts set for WBT? 6 brokerages 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 share price to reach $12.83 in the next year. This suggests a possible upside of 109.4% from the stock's current price. View analysts' price targets for Welbilt. Who are some of Welbilt's key competitors? Some companies that are related to Welbilt include Middleby (MIDD), Evoqua Water Technologies (AQUA), Tennant (TNC), Standex Int'l (SXI) and Generation Next Franchise Brands (VEND). View all 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 Manitowoc (MTW), WPX Energy (WPX), Progenics Pharmaceuticals (PGNX), Carnival (CCL), Coty (COTY), United Continental (UAL), Visa (V), Advanced Micro Devices (AMD), Norwegian Cruise Line (NCLH) and Royal Caribbean Cruises (RCL). 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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.26%), Nordea Investment Management AB (5.12%), Ninety One UK Ltd (3.60%), FMR LLC (1.36%), Sarasin & Partners LLP (1.33%) and Neuberger Berman Group LLC (1.15%). 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 institutional investors are selling Welbilt stock? WBT stock was sold by a variety of institutional investors in the last quarter, including FMR LLC, Nuveen Asset Management LLC, New York State Common Retirement Fund, Ninety One UK Ltd, Russell Investments Group Ltd., Marshall Wace LLP, Spark Investment Management LLC, and Vanguard Group Inc.. View insider buying and selling activity for Welbilt. Which institutional investors are buying Welbilt stock? WBT stock was bought by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, ArrowMark Colorado Holdings LLC, Skyline Asset Management LP, Federated Hermes Inc., WINTON GROUP Ltd, CWM LLC, Q Global Advisors LLC, and Charles Schwab Investment Management Inc.. Company insiders that have bought Welbilt stock in the last two years include Haresh Shah, Jennifer Gudenkauf, Richard James Sheffer, and William Johnson. View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab. What is Welbilt's stock price today? One share of WBT stock can currently be purchased for approximately $6.13. How big of a company is Welbilt? Welbilt has a market capitalization of $867.47 million 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 9/28/2020 by MarketBeat.com Staff 30 Days of MarketBeat All Access for $1.00 Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: Best-in-Class Portfolio Monitoring View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. 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