NYSE:WBT - Welbilt Stock Price, News, & Analysis

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

Welbilt, Inc (NYSE:WBT) issued its quarterly earnings results on Monday, November, 5th. The industrial products company reported $0.25 EPS for the quarter, missing the consensus estimate of $0.28 by $0.03. The industrial products company earned $412.90 million during the quarter, compared to analysts' expectations of $421.89 million. Welbilt had a return on equity of 88.66% and a net margin of 7.56%. Welbilt's revenue was up 8.5% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.22 EPS. View Welbilt's Earnings History.

Welbilt is scheduled to release their next quarterly earnings announcement on Monday, February 25th 2019. View Earnings Estimates for Welbilt.

Welbilt updated its FY18 earnings guidance on Monday, November, 5th. The company provided earnings per share guidance of $0.73-0.81 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.88. The company issued revenue guidance of $1.56-1.59 billion (+8-10%), compared to the consensus revenue estimate of $1.60 billion.Welbilt also updated its FY 2018 guidance to $0.73-0.81 EPS.

11 Wall Street analysts have issued twelve-month price targets for Welbilt's stock. Their predictions range from $16.00 to $24.00. On average, they expect Welbilt's stock price to reach $20.50 in the next twelve months. This suggests a possible upside of 58.4% from the stock's current price. View Analyst Price Targets for Welbilt.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Welbilt in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Welbilt.

News articles about WBT stock have trended somewhat positive this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Welbilt earned a daily sentiment score of 1.2 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an impact on the stock's share price in the near term.

Some companies that are related to Welbilt include Pentair (PNR), Graco (GGG), Halma (HLMAF), DAI NIPPON PRTG/S (DNPLY), HD Supply (HDS), Berry Global Group (BERY), Crown (CCK), Middleby (MIDD), AptarGroup (ATR), Fortune Brands Home & Security (FBHS), Donaldson (DCI), Sealed Air (SEE), Amada (AMDLY), Hubbell (HUBB) and HITACHI CONSTR/ADR (HTCMY).

Welbilt's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Dudley & Shanley Inc. (1.78%), Skyline Asset Management LP (0.39%), DNB Asset Management AS (0.13%), Fox Run Management L.L.C. (0.01%), Virtu Financial LLC (0.01%) and Nisa Investment Advisors LLC (0.01%). Company insiders that own Welbilt stock include Brian R Gamache, Haresh Shah, Joel H Horn, Josef Matosevic, Richard James Sheffer, Richard N Caron and William Johnson. View Institutional Ownership Trends for Welbilt.

WBT stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS. Company insiders that have sold Welbilt company stock in the last year include Joel H Horn, Josef Matosevic and Richard N Caron. View Insider Buying and Selling for Welbilt.

WBT stock was acquired by a variety of institutional investors in the last quarter, including Dudley & Shanley Inc., Skyline Asset Management LP, Fox Run Management L.L.C., Virtu Financial LLC and Nisa Investment Advisors LLC. Company insiders that have bought Welbilt stock in the last two years include Brian R Gamache, Haresh Shah, Richard James Sheffer and William Johnson. 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 $12.94.

Welbilt has a market capitalization of $1.76 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.

The official website for Welbilt is http://www.manitowocfoodservice.com.

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]