NYSE:WBT - Welbilt Stock Price, Price Target & More

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

Welbilt, Inc (NYSE:WBT) released its quarterly earnings data on Monday, May, 7th. The industrial products company reported $0.15 EPS for the quarter, topping the consensus estimate of $0.11 by $0.04. The industrial products company had revenue of $350.40 million for the quarter, compared to the consensus estimate of $329.86 million. Welbilt had a return on equity of 161.21% and a net margin of 9.64%. Welbilt's quarterly revenue was up 6.8% on a year-over-year basis. During the same period last year, the business posted $0.08 EPS. View Welbilt's Earnings History.

Welbilt is scheduled to release their next quarterly earnings announcement on Monday, August, 6th 2018. View Earnings Estimates for Welbilt.

Welbilt issued an update on its FY18 earnings guidance on Monday, May, 7th. The company provided earnings per share guidance of $0.80-0.90 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.88. The company issued revenue guidance of +7-10% YoY to $1.55-1.59 billion, compared to the consensus revenue estimate of $1.56 billion.

10 brokers have issued 12-month target prices for Welbilt's shares. Their forecasts range from $22.00 to $25.00. On average, they anticipate Welbilt's share price to reach $23.8333 in the next twelve months. This suggests a possible upside of 5.1% from the stock's current price. View Analyst Ratings for Welbilt.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Welbilt in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Welbilt include TORAY INDUSTRIE/ADR (TRYIY), Xylem (XYL), Amcor Limited ADS common stock (AMCRY), Norsk Hydro ASA (NHYDY), Dover (DOV), BRAMBLES Ltd/S (BXBLY), Packaging Corp Of America (PKG), IDEX (IEX), A. O. Smith (AOS), James Hardie Industries (JHX), Snc-Lavalin Group (SNC), Avery Dennison (AVY), ASAHI GLASS/ADR (ASGLY), Alcoa (AA) and AB SKF (SKFRY).

Press coverage about WBT stock has trended somewhat positive recently, Accern Sentiment reports. The research group ranks the sentiment of press coverage by monitoring more than 20 million blog and news sources. Accern ranks coverage of publicly-traded companies on a scale of negative one to one, with scores closest to one being the most favorable. Welbilt earned a news sentiment score of 0.18 on Accern's scale. They also gave news articles about the industrial products company an impact score of 44.78 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the company's share price in the near future.

Welbilt's stock is owned by a variety of of retail and institutional investors. Top institutional investors include DnB Asset Management AS (0.27%), Bank of Montreal Can (0.02%), Xact Kapitalforvaltning AB (0.02%), State of Alaska Department of Revenue (0.01%) and Thompson Investment Management Inc. (0.01%). Company insiders that own Welbilt stock include Brian R Gamache, Joel H Horn, Josef Matosevic and Maurice D Jones. View Institutional Ownership Trends for Welbilt.

WBT stock was acquired by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Thompson Investment Management Inc., Xact Kapitalforvaltning AB, State of Alaska Department of Revenue and Bank of Montreal Can. 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 $22.67.

Welbilt has a market capitalization of $3.28 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.

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]