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Welbilt Stock Forecast, Price & News

+0.02 (+0.33 %)
(As of 09/28/2020 07:00 AM ET)
Today's Range
Now: $6.13
50-Day Range
MA: $7.20
52-Week Range
Now: $6.13
Volume1.63 million shs
Average Volume1.86 million shs
Market Capitalization$867.47 million
P/E Ratio153.25
Dividend YieldN/A
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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Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 0.6 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.46 out of 5 stars

Industry, Sector and Symbol

Industry Refrigeration & service industry machinery



Sales & Book Value

Annual Sales$1.59 billion
Cash Flow$1.01 per share
Book Value$1.79 per share


Net Income$55.90 million


Market Cap$867.47 million
Next Earnings Date11/3/2020 (Estimated)
+0.02 (+0.33 %)
(As of 09/28/2020 07:00 AM ET)
30 days | 90 days | 365 days | Advanced Chart

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Welbilt (NYSE:WBT) Frequently Asked Questions

How has Welbilt's stock price 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 shares have decreased by 27.7% and is now trading at $6.13.
View which stocks have been most impacted by COVID-19

Do Wall Street analysts recommend investors buy shares of Welbilt?

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

When is Welbilt's next earnings date?

Welbilt is scheduled to release its next quarterly earnings announcement on Tuesday, November 3rd 2020.
View our earnings forecast for Welbilt

How were Welbilt's earnings last quarter?

Welbilt, Inc (NYSE:WBT) posted its earnings results on Tuesday, August, 4th. The industrial products company reported ($0.07) earnings per share for the quarter, beating the consensus estimate of ($0.13) by $0.06. The industrial products company had revenue of $206 million for the quarter, compared to the consensus estimate of $205.09 million. Welbilt had a return on equity of 21.76% and a net margin of 0.45%. Welbilt's quarterly revenue was down 51.7% on a year-over-year basis. During the same period last year, the business posted $0.22 earnings per share.
View Welbilt's earnings history

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

Welbilt updated its third quarter 2020 Pre-Market earnings guidance on Tuesday, August, 4th. The company provided EPS guidance of for the period. The company issued revenue guidance of $266.825-287.35 million, compared to the consensus revenue estimate of $267.02 million.

What price target have analysts set for WBT?

6 brokerages have issued twelve-month price objectives for Welbilt's shares. Their forecasts range from $8.00 to $20.00. On average, they expect Welbilt's share price to reach $12.83 in the next year. This suggests a possible upside of 109.4% from the stock's current price.
View analysts' price targets for Welbilt

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 Manitowoc (MTW), WPX Energy (WPX), Progenics Pharmaceuticals (PGNX), Carnival (CCL), Coty (COTY), United Continental (UAL), Visa (V), Advanced Micro Devices (AMD), Norwegian Cruise Line (NCLH) and Royal Caribbean Cruises (RCL).

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)

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 a number of institutional and retail investors. Top institutional shareholders include Vanguard Group Inc. (8.26%), Nordea Investment Management AB (5.12%), Ninety One UK Ltd (3.60%), FMR LLC (1.36%), Sarasin & Partners LLP (1.33%) and Neuberger Berman Group LLC (1.15%). Company insiders that own Welbilt stock include Haresh Shah, Jamie E Palm, Jennifer Gudenkauf, 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 FMR LLC, Nuveen Asset Management LLC, New York State Common Retirement Fund, Ninety One UK Ltd, Russell Investments Group Ltd., Marshall Wace LLP, Spark Investment Management LLC, and Vanguard Group Inc..
View insider buying and selling activity for Welbilt

Which institutional investors are buying Welbilt stock?

WBT stock was bought by a variety of institutional investors in the last quarter, including Nordea Investment Management AB, ArrowMark Colorado Holdings LLC, Skyline Asset Management LP, Federated Hermes Inc., WINTON GROUP Ltd, CWM LLC, Q Global Advisors LLC, and Charles Schwab Investment Management Inc.. Company insiders that have bought Welbilt stock in the last two years include Haresh Shah, Jennifer Gudenkauf, Richard James Sheffer, and William Johnson.
View insider buying and selling activity 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, Robinhood, Fidelity, and Charles Schwab.

What is Welbilt's stock price today?

One share of WBT stock can currently be purchased for approximately $6.13.

How big of a company is Welbilt?

Welbilt has a market capitalization of $867.47 million 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. Welbilt employs 5,100 workers across the globe.

What is Welbilt's official website?

The official website for Welbilt is 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]

This page was last updated on 9/28/2020 by MarketBeat.com Staff

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