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

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$20.15 +0.33 (+1.66 %)
(As of 05/24/2018 04:00 PM ET)
Previous Close$19.82
Today's Range$19.82 - $20.38
52-Week Range$18.34 - $23.77
Volume1.50 million shs
Average Volume899,455 shs
Market Capitalization$2.76 billion
P/E Ratio25.92
Dividend YieldN/A
Beta1.34

About Welbilt (NYSE:WBT)

Welbilt logoWelbilt 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
SymbolNYSE:WBT
CUSIPN/A
Phone727-375-7010

Debt

Debt-to-Equity Ratio9.67
Current Ratio1.61
Quick Ratio0.97

Price-To-Earnings

Trailing P/E Ratio25.92
Forward P/E Ratio22.90
P/E Growth2.24

Sales & Book Value

Annual Sales$1.45 billion
Price / Sales1.95
Cash Flow$1.1902 per share
Price / Cash16.93
Book Value$0.95 per share
Price / Book21.21

Profitability

EPS (Most Recent Fiscal Year)$0.77
Net Income$134 million
Net Margins9.64%
Return on Equity161.21%
Return on Assets6.43%

Miscellaneous

Employees5,400
Outstanding Shares139,930,000

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 quarterly earnings data on Monday, May, 7th. The industrial products company reported $0.15 earnings per share for the quarter, beating analysts' consensus estimates of $0.11 by $0.04. The industrial products company earned $350.40 million during the quarter, compared to analyst estimates 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 quarter last year, the firm earned $0.08 EPS. View Welbilt's Earnings History.

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

Welbilt issued an update on its FY18 earnings guidance on Monday, May, 7th. The company provided earnings per share (EPS) 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.

What price target have analysts set for WBT?

9 brokerages have issued 12-month price objectives for Welbilt's shares. Their forecasts range from $21.00 to $25.00. On average, they expect Welbilt's share price to reach $23.50 in the next twelve months. View Analyst Ratings for Welbilt.

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)

Has Welbilt been receiving favorable news coverage?

Media stories about WBT stock have trended somewhat positive on Thursday, Accern reports. The research group identifies positive and negative news coverage by reviewing more than twenty million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Welbilt earned a news impact score of 0.21 on Accern's scale. They also gave news headlines about the industrial products company an impact score of 47.67 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the stock's share price in the immediate future.

Who are Welbilt's major shareholders?

Welbilt's stock is owned by a number of of retail and institutional investors. Top institutional shareholders include Select Equity Group L.P. (8.96%), BlackRock Inc. (3.83%), Champlain Investment Partners LLC (3.50%), Dimensional Fund Advisors LP (2.44%), Earnest Partners LLC (2.29%) and Victory Capital Management Inc. (1.27%). 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.

Which institutional investors are selling Welbilt stock?

WBT stock was sold by a variety of institutional investors in the last quarter, including Oak Ridge Investments LLC, FIL Ltd, Federated Investors Inc. PA, State of Wisconsin Investment Board, California Public Employees Retirement System, Keeley Teton Advisors LLC, Frontier Capital Management Co. LLC and Symphony Asset Management LLC. Company insiders that have sold Welbilt company stock in the last year include Joel H Horn and Josef Matosevic. View Insider Buying and Selling for Welbilt.

Which institutional investors are buying Welbilt stock?

WBT stock was purchased by a variety of institutional investors in the last quarter, including Intermede Investment Partners Ltd, Select Equity Group L.P., Champlain Investment Partners LLC, Eagle Asset Management Inc., JPMorgan Chase & Co., Victory Capital Management Inc., Earnest Partners LLC and Schwab Charles Investment Management Inc.. 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 $20.15.

How big of a company is Welbilt?

Welbilt has a market capitalization of $2.76 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.

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 (WBT)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  117 (Vote Outperform)
Underperform Votes:  158 (Vote Underperform)
Total Votes:  275
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.

Analyst Ratings

Welbilt (NYSE:WBT) Price Target and Consensus Rating

  (How are Consensus Ratings Calculated?)
9 Wall Street analysts have issued ratings and price targets for Welbilt in the last 12 months. Their average twelve-month price target is $23.50, suggesting that the stock has a possible upside of 16.63%. The high price target for WBT is $25.00 and the low price target for WBT is $21.00. There are currently 2 hold ratings and 7 buy ratings for the stock, resulting in a consensus rating of "Buy."
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyBuyHold
Consensus Rating Score: 2.782.752.572.33
Ratings Breakdown: 0 Sell Rating(s)
2 Hold Rating(s)
7 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
6 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $23.50$23.40$24.20$22.40
Price Target Upside: 16.63% upside22.77% upside16.57% upside1.27% upside

Welbilt (NYSE:WBT) Consensus Price Target History

Price Target History for Welbilt (NYSE:WBT)

Welbilt (NYSE:WBT) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
5/24/2018Buckingham ResearchInitiated CoverageBuy$24.00HighView Rating Details
4/18/2018Longbow ResearchUpgradeNeutral ➝ BuyHighView Rating Details
3/5/2018CitigroupLower Price TargetNeutral ➝ Neutral$23.00 ➝ $21.00LowView Rating Details
2/27/2018Seaport Global SecuritiesReiterated RatingBuyMediumView Rating Details
2/27/2018Susquehanna BancsharesSet Price TargetBuy$24.00MediumView Rating Details
12/12/2017BarclaysInitiated CoverageOverweight$25.00LowView Rating Details
10/12/2017KeyCorpReiterated RatingBuy$25.00N/AView Rating Details
8/24/2017Robert W. BairdSet Price TargetBuy$22.00LowView Rating Details
8/17/2017Dougherty & CoReiterated RatingNeutralLowView Rating Details
7/11/2016William BlairUpgradeMarket Perform ➝ Outperform$21.00N/AView Rating Details
(Data available from 5/24/2016 forward)

Earnings

Welbilt (NYSE:WBT) Earnings History and Estimates Chart

Earnings by Quarter for Welbilt (NYSE:WBT)

Welbilt (NYSE:WBT) Earnings Estimates

2018 EPS Consensus Estimate: $0.84
2019 EPS Consensus Estimate: $1.11
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20184$0.10$0.12$0.11
Q2 20184$0.17$0.20$0.19
Q3 20183$0.27$0.30$0.29
Q4 20183$0.25$0.28$0.26
Q1 20191$0.16$0.16$0.16
Q2 20191$0.27$0.27$0.27
Q3 20191$0.35$0.35$0.35
Q4 20191$0.33$0.33$0.33

Welbilt (NYSE WBT) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/7/2018Q1$0.11$0.15$329.86 million$350.40 millionViewN/AView Earnings Details
2/26/2018Q4 2017$0.24$0.26$382.51 million$365.90 millionViewListenView Earnings Details
11/6/2017Q3$0.24$0.23$387.05 million$380.40 millionViewN/AView Earnings Details
8/9/20176/30/2017$0.18$0.22$367.28 million$371.10 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.09$0.08$318.12 million$328.00 millionViewListenView Earnings Details
2/15/2017Q416$0.17$0.16$391.70 million$378.70 millionViewListenView Earnings Details
11/7/2016Q316$0.17$0.20$386.60 million$384.00 millionViewN/AView Earnings Details
8/11/2016Q216$0.1550$0.12$379.00 million$368.40 millionViewListenView Earnings Details
5/12/2016Q116$0.10$0.13$341.20 million$325.50 millionViewListenView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Dividends

Welbilt (NYSE:WBT) Dividend History by Quarter

AnnouncedPeriodAmountYieldEx-Dividend DateRecord DatePayable Date
(Data available from 1/1/2013 forward)

Insider Trades

Welbilt (NYSE WBT) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 0.37%
Institutional Ownership Percentage: 86.30%
Insider Trading History for Welbilt (NYSE:WBT)
Institutional Ownership by Quarter for Welbilt (NYSE:WBT)

Welbilt (NYSE WBT) Insider Trading History

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
3/6/2018Joel H HornSVPSell770$19.08$14,691.604,293View SEC Filing  
3/6/2018Josef MatosevicCOOSell3,837$19.06$73,133.2222,438View SEC Filing  
2/21/2018Joel H HornSVPSell822$21.79$17,911.38View SEC Filing  
2/21/2018Josef MatosevicCOOSell1,681$21.79$36,628.99View SEC Filing  
1/4/2018Josef MatosevicCOOSell655$23.45$15,359.7527,956View SEC Filing  
8/29/2017Brian R GamacheDirectorBuy10,000$19.68$196,800.0014,776View SEC Filing  
6/14/2017Joel H HornSVPSell1,561$19.23$30,018.033,515View SEC Filing  
2/17/2017Joel H HornSVPSell809$18.44$14,917.965,076View SEC Filing  
2/17/2017Josef MatosevicCOOSell1,323$18.44$24,396.1222,831View SEC Filing  
11/28/2016Maurice D JonesSVPSell3,400$17.84$60,656.00159,594View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Welbilt (NYSE WBT) News Headlines

Source:
DateHeadline
Welbilt (WBT) Coverage Initiated by Analysts at Buckingham ResearchWelbilt (WBT) Coverage Initiated by Analysts at Buckingham Research
www.americanbankingnews.com - May 24 at 2:25 PM
Welbilt, Inc Expected to Earn FY2018 Earnings of $0.85 Per Share (WBT)Welbilt, Inc Expected to Earn FY2018 Earnings of $0.85 Per Share (WBT)
www.americanbankingnews.com - May 24 at 8:17 AM
Welbilt, Inc (WBT) to Post Q2 2018 Earnings of $0.18 Per Share, Dougherty & Co ForecastsWelbilt, Inc (WBT) to Post Q2 2018 Earnings of $0.18 Per Share, Dougherty & Co Forecasts
www.americanbankingnews.com - May 23 at 6:38 AM
Welbilt, Inc (WBT) Given Consensus Recommendation of "Buy" by BrokeragesWelbilt, Inc (WBT) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - May 23 at 1:30 AM
Welbilt Unlocks Kitchen Potential with KitchenConnect®Welbilt Unlocks Kitchen Potential with KitchenConnect®
finance.yahoo.com - May 19 at 4:22 PM
Video: Jim Cramer on Macys, Micron, CBRE, Welbilt and PayPalVideo: Jim Cramer on Macy's, Micron, CBRE, Welbilt and PayPal
www.thestreet.com - May 16 at 4:17 PM
Welbilt, Inc. (WBT)Welbilt, Inc. (WBT)
finance.yahoo.com - May 16 at 4:17 PM
Coming Out of the Weeds: Welbilt Stock Is Showing a Base PatternComing Out of the Weeds: Welbilt Stock Is Showing a Base Pattern
finance.yahoo.com - May 16 at 9:56 AM
Welbilt CEO discusses exclusive partnership with Zume, th...Welbilt CEO discusses exclusive partnership with Zume, th...
finance.yahoo.com - May 16 at 9:56 AM
Enodis (WBT) Stock Rating Upgraded by Zacks Investment ResearchEnodis (WBT) Stock Rating Upgraded by Zacks Investment Research
www.americanbankingnews.com - May 12 at 12:13 PM
FY2018 Earnings Estimate for Enodis Ltd (WBT) Issued By William BlairFY2018 Earnings Estimate for Enodis Ltd (WBT) Issued By William Blair
www.americanbankingnews.com - May 11 at 10:17 AM
Seaport Global Securities Brokers Boost Earnings Estimates for Enodis Ltd (WBT)Seaport Global Securities Brokers Boost Earnings Estimates for Enodis Ltd (WBT)
www.americanbankingnews.com - May 10 at 7:58 AM
Enodis Ltd Expected to Earn Q2 2018 Earnings of $0.17 Per Share (WBT)Enodis Ltd Expected to Earn Q2 2018 Earnings of $0.17 Per Share (WBT)
www.americanbankingnews.com - May 10 at 6:44 AM
$398.53 Million in Sales Expected for Enodis Ltd (WBT) This Quarter$398.53 Million in Sales Expected for Enodis Ltd (WBT) This Quarter
www.americanbankingnews.com - May 10 at 4:32 AM
Here’s what the next generation of the fast-food industry looks like to this Tampa Bay CEOHere’s what the next generation of the fast-food industry looks like to this Tampa Bay CEO
finance.yahoo.com - May 9 at 4:19 PM
Brokers Issue Forecasts for Enodis Ltds Q2 2018 Earnings (WBT)Brokers Issue Forecasts for Enodis Ltd's Q2 2018 Earnings (WBT)
www.americanbankingnews.com - May 9 at 8:24 AM
Q3 2018 EPS Estimates for Enodis Ltd Cut by Seaport Global Securities (WBT)Q3 2018 EPS Estimates for Enodis Ltd Cut by Seaport Global Securities (WBT)
www.americanbankingnews.com - May 9 at 7:56 AM
Enodis Ltd (WBT) Expected to Announce Earnings of $0.11 Per ShareEnodis Ltd (WBT) Expected to Announce Earnings of $0.11 Per Share
www.americanbankingnews.com - May 8 at 10:24 AM
Edited Transcript of WBT earnings conference call or presentation 7-May-18 2:00pm GMTEdited Transcript of WBT earnings conference call or presentation 7-May-18 2:00pm GMT
finance.yahoo.com - May 8 at 9:36 AM
Enodis (WBT) Releases  Earnings Results, Beats Expectations By $0.04 EPSEnodis (WBT) Releases Earnings Results, Beats Expectations By $0.04 EPS
www.americanbankingnews.com - May 8 at 8:45 AM
FY2018 EPS Estimates for Enodis Ltd (WBT) Increased by William BlairFY2018 EPS Estimates for Enodis Ltd (WBT) Increased by William Blair
www.americanbankingnews.com - May 8 at 7:12 AM
Enodis (WBT) Issues FY18 Earnings GuidanceEnodis (WBT) Issues FY18 Earnings Guidance
www.americanbankingnews.com - May 7 at 9:34 AM
Welbilt Reports Solid First Quarter Operating ResultsWelbilt Reports Solid First Quarter Operating Results
finance.yahoo.com - May 7 at 9:30 AM
Welbilt: 1Q Earnings SnapshotWelbilt: 1Q Earnings Snapshot
finance.yahoo.com - May 7 at 9:30 AM
Enodis (WBT) Upgraded at Zacks Investment ResearchEnodis (WBT) Upgraded at Zacks Investment Research
www.americanbankingnews.com - May 4 at 3:50 PM
Critical Analysis: Enodis (WBT) vs. Standex International (SXI)Critical Analysis: Enodis (WBT) vs. Standex International (SXI)
www.americanbankingnews.com - May 1 at 1:08 AM
Enodis (WBT) Set to Announce Quarterly Earnings on MondayEnodis (WBT) Set to Announce Quarterly Earnings on Monday
www.americanbankingnews.com - April 30 at 8:00 AM
Enodis Ltd (WBT) Given Consensus Recommendation of "Buy" by BrokeragesEnodis Ltd (WBT) Given Consensus Recommendation of "Buy" by Brokerages
www.americanbankingnews.com - April 28 at 1:34 AM
No more cold takeout? Welbilt is making food delivery even hotter with tech that can cook en route to consumersNo more cold takeout? Welbilt is making food delivery even hotter with tech that can cook en route to consumers
finance.yahoo.com - April 25 at 4:27 PM
Reviewing Enodis (WBT) and Tennant (TNC)Reviewing Enodis (WBT) and Tennant (TNC)
www.americanbankingnews.com - April 25 at 3:22 PM
$332.18 Million in Sales Expected for Enodis Ltd (WBT) This Quarter$332.18 Million in Sales Expected for Enodis Ltd (WBT) This Quarter
www.americanbankingnews.com - April 23 at 4:52 AM
Zacks: Brokerages Expect Enodis Ltd (WBT) to Announce $0.11 Earnings Per ShareZacks: Brokerages Expect Enodis Ltd (WBT) to Announce $0.11 Earnings Per Share
www.americanbankingnews.com - April 21 at 5:14 AM
Welbilt Completes Crem International AcquisitionWelbilt Completes Crem International Acquisition
finance.yahoo.com - April 19 at 4:28 PM
Financial Contrast: Fresh Healthy Vending (VEND) versus Enodis (WBT)Financial Contrast: Fresh Healthy Vending (VEND) versus Enodis (WBT)
www.americanbankingnews.com - April 19 at 3:15 PM
Enodis (WBT) Upgraded to Buy at Longbow ResearchEnodis (WBT) Upgraded to Buy at Longbow Research
www.americanbankingnews.com - April 18 at 9:01 AM
Welbilt Announces Details of 2018 First Quarter Earnings Call and WebcastWelbilt Announces Details of 2018 First Quarter Earnings Call and Webcast
finance.yahoo.com - April 9 at 9:57 AM
Comparing Fresh Healthy Vending (VEND) & Welbilt (WBT)Comparing Fresh Healthy Vending (VEND) & Welbilt (WBT)
www.americanbankingnews.com - April 8 at 11:36 PM
Welbilt (WBT) Signs Deal With Xiaomi & Youle, Shares Move UpWelbilt (WBT) Signs Deal With Xiaomi & Youle, Shares Move Up
www.zacks.com - April 6 at 10:14 AM
$332.18 Million in Sales Expected for Welbilt Inc (WBT) This Quarter$332.18 Million in Sales Expected for Welbilt Inc (WBT) This Quarter
www.americanbankingnews.com - April 6 at 4:31 AM
Generation Next Franchise Brands (VEND) vs. Welbilt (WBT) Financial AnalysisGeneration Next Franchise Brands (VEND) vs. Welbilt (WBT) Financial Analysis
www.americanbankingnews.com - April 4 at 10:10 AM
 Analysts Anticipate Welbilt Inc (WBT) to Announce $0.11 EPS Analysts Anticipate Welbilt Inc (WBT) to Announce $0.11 EPS
www.americanbankingnews.com - April 4 at 5:10 AM
Welbilt Inc (WBT) Given Consensus Recommendation of "Hold" by AnalystsWelbilt Inc (WBT) Given Consensus Recommendation of "Hold" by Analysts
www.americanbankingnews.com - April 3 at 1:32 AM
Welbilt (WBT) PT Set at $24.00 by Susquehanna BancsharesWelbilt (WBT) PT Set at $24.00 by Susquehanna Bancshares
www.americanbankingnews.com - March 24 at 5:43 PM
Critical Survey: Welbilt (WBT) and Kennametal (KMT)Critical Survey: Welbilt (WBT) and Kennametal (KMT)
www.americanbankingnews.com - March 24 at 3:22 AM
Tampa Bay metro area tops the state in job openingsTampa Bay metro area tops the state in job openings
finance.yahoo.com - March 23 at 4:10 PM
Welbilt Inc (WBT) Expected to Announce Quarterly Sales of $332.18 MillionWelbilt Inc (WBT) Expected to Announce Quarterly Sales of $332.18 Million
www.americanbankingnews.com - March 20 at 8:36 AM
Former McDonald’s executive poised to join Welbilt boardFormer McDonald’s executive poised to join Welbilt board
finance.yahoo.com - March 15 at 9:37 AM
Welbilt (WBT) to Acquire Crem International for ~$224MWelbilt (WBT) to Acquire Crem International for ~$224M
www.streetinsider.com - March 9 at 5:14 PM
Welbilt Inc (WBT) Receives Average Rating of "Hold" from BrokeragesWelbilt Inc (WBT) Receives Average Rating of "Hold" from Brokerages
www.americanbankingnews.com - March 9 at 1:27 AM
Welbilt Inc (WBT) SVP Joel H. Horn Sells 770 SharesWelbilt Inc (WBT) SVP Joel H. Horn Sells 770 Shares
www.americanbankingnews.com - March 8 at 7:27 PM

SEC Filings

Welbilt (NYSE:WBT) SEC Filings

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Social Media

Financials

Welbilt (NYSE:WBT) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Welbilt (NYSE WBT) Stock Chart for Thursday, May, 24, 2018

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This page was last updated on 5/24/2018 by MarketBeat.com Staff

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