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.
Industry, Sector and Symbol
Industry Refrigeration & service industry machinery
Sub-IndustryN/A
SectorIndustrial Products
Phone727-375-7010
Debt
Price-To-Earnings
Sales & Book Value
Annual Sales$1.45 billion
Profitability
Miscellaneous
Employees5,400
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) posted its quarterly earnings data on Monday, November, 5th. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, missing the Thomson Reuters' 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 net margin of 7.56% and a return on equity of 88.66%. Welbilt's quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.22 EPS. View Welbilt's Earnings History.
When is Welbilt's next earnings date?
How can I listen to Welbilt's earnings call?
Welbilt will be holding an earnings conference call on Tuesday, February 19th at 10:00 AM Eastern. Interested parties can register for or listen to the call using this link or dial in at 8448858560.
What guidance has Welbilt issued on next quarter's earnings?
Welbilt updated its FY18 earnings guidance on Monday, November, 5th. The company provided earnings per share (EPS) 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.
What price target have analysts set for WBT?
11 equities research analysts have issued 12 month price targets for Welbilt's shares. Their forecasts 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 55.8% 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?
Media stories about WBT stock have been trending positive on Wednesday, InfoTrie reports. The research group identifies positive and negative news coverage by monitoring more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Welbilt earned a daily sentiment score of 2.8 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 2.0 out of 10, indicating that recent news coverage is very unlikely to have an impact on the company's share price in the next several days.
Who are some of Welbilt's key competitors?
Some companies that are related to Welbilt include ASAHI GLASS/ADR (ASGLY), Nordson (NDSN), Graco (GGG), Pentair (PNR), HD Supply (HDS), DAI NIPPON PRTG/S (DNPLY), Halma (HLMAF), Berry Global Group (BERY), Middleby (MIDD), Crown (CCK), Donaldson (DCI), AptarGroup (ATR), Fortune Brands Home & Security (FBHS), KION GRP AG/ADR (KIGRY) and Sealed Air (SEE).
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 institutional and retail investors. Top institutional shareholders include Dudley & Shanley Inc. (1.78%), Skyline Asset Management LP (0.39%), Handelsinvest Investeringsforvaltning (0.19%), DNB Asset Management AS (0.13%), Landsberg Bennett & Dubbaneh LLC (0.03%) and Bank of Montreal Can (0.02%). 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 major investors are selling Welbilt stock?
WBT stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS and Bank of Montreal Can. 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 major investors are buying Welbilt stock?
WBT stock was purchased by a variety of institutional investors in the last quarter, including Dudley & Shanley Inc., Skyline Asset Management LP, Handelsinvest Investeringsforvaltning, Landsberg Bennett & Dubbaneh LLC, Fox Run Management L.L.C., Virtu Financial LLC, Nisa Investment Advisors LLC and Diversified Trust Co. 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 $13.16.
How big of a company is Welbilt?
Welbilt has a market capitalization of $1.85 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?
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)
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.
