NYSE:WBT

Welbilt Stock Forecast, Price & News

$22.38
+0.39 (+1.77 %)
(As of 05/7/2021 04:49 PM ET)
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Today's Range
$21.86
$22.45
50-Day Range
$15.01
$22.58
52-Week Range
$4.15
$22.98
Volume2.02 million shs
Average Volume2.74 million shs
Market Capitalization$3.17 billion
P/E Ratio559.50
Dividend YieldN/A
Beta1.99
30 days | 90 days | 365 days | Advanced Chart
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Industry, Sector and Symbol

Industry Refrigeration & service industry machinery
Sub-IndustryN/A
CUSIPN/A
Phone727-375-7010
Employees5,100
Year FoundedN/A

Sales & Book Value

Annual Sales$1.59 billion
Cash Flow$3.83 per share
Book Value$1.79 per share

Profitability

Net Income$55.90 million

Debt

Price-To-Earnings

Miscellaneous

Market Cap$3.17 billion
Next Earnings Date8/3/2021 (Estimated)
OptionableOptionable

Headlines

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Welbilt logo

About Welbilt

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.

MarketRank

Overall MarketRank

1.18 out of 5 stars

Industrial Products Sector

184th out of 397 stocks

Refrigeration & Service Industry Machinery Industry

5th out of 6 stocks

Analyst Opinion: 1.2Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.7Valuation: 0.6 5 -4 -3 -2 -1 -
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Welbilt (NYSE:WBT) Frequently Asked Questions

Is Welbilt a buy right now?

5 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Welbilt in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "hold" Welbilt stock. A hold rating indicates that analysts believe investors should maintain any existing positions they have in WBT, but not buy additional shares or sell existing shares.
View analyst ratings for Welbilt
or view top-rated stocks.

What stocks does MarketBeat like better than Welbilt?

Wall Street analysts have given Welbilt a "Hold" rating, but there may be better short-term opportunities in the market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new trading ideas, but Welbilt wasn't one of them. MarketBeat thinks these five stocks may be even better buys.
View MarketBeat's top stock picks here.

Are investors shorting Welbilt?

Welbilt saw a drop in short interest during the month of April. As of April 15th, there was short interest totaling 5,000,000 shares, a drop of 19.2% from the March 31st total of 6,190,000 shares. Based on an average trading volume of 3,100,000 shares, the short-interest ratio is currently 1.6 days. Currently, 3.6% of the company's shares are sold short.
View Welbilt's Short Interest
.

When is Welbilt's next earnings date?

Welbilt is scheduled to release its next quarterly earnings announcement on Tuesday, August 3rd 2021.
View our earnings forecast for Welbilt
.

How were Welbilt's earnings last quarter?

Welbilt, Inc (NYSE:WBT) posted its earnings results on Thursday, May, 6th. The industrial products company reported $0.08 earnings per share for the quarter, beating analysts' consensus estimates of $0.03 by $0.05. The industrial products company had revenue of $316.80 million for the quarter, compared to the consensus estimate of $287.77 million. Welbilt had a net margin of 0.45% and a trailing twelve-month return on equity of 21.76%. Welbilt's revenue was down 3.7% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.01 earnings per share.
View Welbilt's earnings history
.

How has Welbilt's stock been impacted by Coronavirus (COVID-19)?

Welbilt's stock was trading at $8.48 on March 11th, 2020 when Coronavirus (COVID-19) reached pandemic status according to the World Health Organization. Since then, WBT stock has increased by 163.9% and is now trading at $22.38.
View which stocks have been most impacted by COVID-19
.

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

Welbilt updated its first quarter 2021 Pre-Market earnings guidance on Thursday, February, 25th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $276.276-292.721 million, compared to the consensus revenue estimate of $275.37 million.

What price target have analysts set for WBT?

5 analysts have issued 12-month price targets for Welbilt's shares. Their forecasts range from $8.00 to $20.00. On average, they expect Welbilt's share price to reach $16.67 in the next year. This suggests that the stock has a possible downside of 25.5%.
View analysts' price targets for Welbilt
or view top-rated stocks among Wall Street analysts.

Who are Welbilt's key executives?

Welbilt's management team includes the following 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 some of Welbilt's key competitors?

What other stocks do shareholders of Welbilt own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Welbilt investors own include The Manitowoc (MTW), Progenics Pharmaceuticals (PGNX), Coty (COTY), WPX Energy (WPX), Advanced Micro Devices (AMD), Energy Transfer (ET), Visa (V), Ford Motor (F), Cloudera (CLDR) and Macy's (M).

What is Welbilt's stock symbol?

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

Who are Welbilt's major shareholders?

Welbilt's stock is owned by many different institutional and retail investors. Top institutional investors include Alliancebernstein L.P. (5.43%), Ninety One UK Ltd (3.09%), Sarasin & Partners LLP (1.71%), Wedge Capital Management L L P NC (0.61%), Natixis Advisors L.P. (0.29%) and Edgestream Partners L.P. (0.28%). Company insiders that own Welbilt stock include Jennifer Gudenkauf 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 Sarasin & Partners LLP, Wedge Capital Management L L P NC, Rhumbline Advisers, Ninety One UK Ltd, Los Angeles Capital Management LLC, Comerica Bank, Franklin Parlapiano Turner & Welch LLC, and Natixis Advisors L.P..
View insider buying and selling activity for Welbilt
or view top insider-selling stocks.

Which major investors are buying Welbilt stock?

WBT stock was bought by a variety of institutional investors in the last quarter, including Alliancebernstein L.P., Edgestream Partners L.P., Roubaix Capital LLC, State of New Jersey Common Pension Fund D, Envestnet Asset Management Inc., Diligent Investors LLC, BNP Paribas Arbitrage SA, and Arlington Partners LLC. Company insiders that have bought Welbilt stock in the last two years include Jennifer Gudenkauf, and William Johnson.
View insider buying and selling activity for Welbilt
or or view top insider-buying stocks.

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 WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Welbilt's stock price today?

One share of WBT stock can currently be purchased for approximately $22.38.

How much money does Welbilt make?

Welbilt has a market capitalization of $3.17 billion and generates $1.59 billion in revenue each year. The industrial products company earns $55.90 million in net income (profit) each year or $0.68 on an earnings per share basis.

How many employees does Welbilt have?

Welbilt employs 5,100 workers across the globe.

What is Welbilt's official website?

The official website for Welbilt is www.manitowocfoodservice.com.

Where are Welbilt's headquarters?

Welbilt is headquartered at 2227 WELBILT BOULEVARD, NEW PORT RICHEY FL, 34655.

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]


This page was last updated on 5/7/2021 by MarketBeat.com Staff
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