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

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$16.07 +0.22 (+1.39 %)
(As of 02/20/2019 04:00 PM ET)
Previous Close$15.85
Today's Range$15.56 - $16.09
52-Week Range$10.66 - $23.85
Volume2.27 million shs
Average Volume1.40 million shs
Market Capitalization$2.25 billion
P/E Ratio20.87
Dividend YieldN/A
Beta1.74
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.

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Industry, Sector and Symbol

Industry Refrigeration & service industry machinery
Sub-IndustryN/A
SectorIndustrial Products
CUSIPN/A
Phone727-375-7010

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.45 billion
Cash Flow$1.2277 per share
Book Value$0.79 per share

Profitability

Net Income$134 million

Miscellaneous

Employees5,400
Market Cap$2.25 billion
OptionableOptionable

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) issued its earnings results on Tuesday, February, 19th. The industrial products company reported $0.18 EPS for the quarter, hitting the consensus estimate of $0.18. The industrial products company had revenue of $406.10 million for the quarter, compared to the consensus estimate of $391.96 million. Welbilt had a net margin of 7.56% and a return on equity of 88.66%. The firm's revenue for the quarter was up 11.0% on a year-over-year basis. During the same period in the previous year, the firm earned $0.26 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, May 6th 2019. View Earnings Estimates for Welbilt.

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

Welbilt issued an update on its FY19 earnings guidance on Tuesday, February, 19th. The company provided earnings per share (EPS) guidance of $0.71-0.81 for the period, compared to the Thomson Reuters consensus EPS estimate of $0.89. The company issued revenue guidance of $1.64-1.69 billion (+3-6%), compared to the consensus revenue estimate of $1.65 billion.

What price target have analysts set for WBT?

11 brokerages have issued twelve-month price targets for Welbilt's shares. Their forecasts range from $16.00 to $24.00. On average, they anticipate Welbilt's share price to reach $20.50 in the next year. This suggests a possible upside of 27.6% from the stock's current price. View Analyst Price Targets for Welbilt.

What is the consensus analysts' recommendation 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.

Has Welbilt been receiving favorable news coverage?

News coverage about WBT stock has trended neutral this week, InfoTrie reports. InfoTrie identifies positive and negative press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores closest to five being the most favorable. Welbilt earned a media sentiment score of 0.3 on InfoTrie's scale. They also gave media stories about the industrial products company a news buzz of 5.0 out of 10, indicating that recent press coverage is somewhat likely to have an effect on the company's share price in the next several days.

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)

Who are Welbilt's major shareholders?

Welbilt's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Impax Asset Management Group plc (5.27%), Gates Capital Management Inc. (5.21%), BlackRock Inc. (4.02%), Investec Asset Management LTD (3.41%), Brown Advisory Inc. (2.50%) and Dimensional Fund Advisors LP (2.44%). 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.

Which institutional investors are selling Welbilt stock?

WBT stock was sold by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Manor Road Capital Partners LLC, Bank of America Corp DE, Tocqueville Asset Management L.P., DNB Asset Management AS, EFG Asset Management Americas Corp., Oak Ridge Investments LLC and Keeley Teton Advisors LLC. 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.

Which institutional investors are buying Welbilt stock?

WBT stock was acquired by a variety of institutional investors in the last quarter, including Gates Capital Management Inc., Impax Asset Management Group plc, Dudley & Shanley Inc., Handelsbanken Fonder AB, Diamond Hill Capital Management Inc., Skyline Asset Management LP, Arrowgrass Capital Partners US LP and Penn Capital Management Co. Inc.. 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.

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 $16.07.

How big of a company is Welbilt?

Welbilt has a market capitalization of $2.25 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.

What is Welbilt's official website?

The official website for Welbilt is http://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]


MarketBeat Community Rating for Welbilt (NYSE WBT)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  186 (Vote Outperform)
Underperform Votes:  209 (Vote Underperform)
Total Votes:  395
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 2/20/2019 by MarketBeat.com Staff

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