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
Stock Exchange NYSE
Industry Refrigeration & service industry machinery
Sub-IndustryN/A
SectorIndustrial Products
Current SymbolNYSE:WBT
Previous Symbol
CUSIPN/A
Phone727-375-7010
Debt
Debt-to-Equity Ratio10.00
Current Ratio1.41
Quick Ratio0.80
Price-To-Earnings
Trailing P/E Ratio17.27
Forward P/E Ratio17.04
P/E GrowthN/A
Sales & Book Value
Annual Sales$1.45 billion
Price / Sales1.29
Cash Flow$1.1662 per share
Price / Cash11.40
Book Value$0.79 per share
Price / Book16.83
Profitability
EPS (Most Recent Fiscal Year)$0.77
Net Income$134 million
Net Margins7.56%
Return on Equity95.12%
Return on Assets6.24%
Miscellaneous
Employees5,400
Outstanding Shares140,120,000
Market Cap$1.86 billion
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) issued its earnings results on Monday, November, 5th. The industrial products company reported $0.25 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.28 by $0.03. The industrial products company earned $412.90 million during the quarter, compared to the consensus estimate of $421.89 million. Welbilt had a return on equity of 95.12% and a net margin of 7.56%. The firm's revenue for the quarter was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the business posted $0.22 EPS. View Welbilt's Earnings History.
When is Welbilt's next earnings date?
What guidance has Welbilt issued on next quarter's earnings?
Welbilt issued an update on its FY18 earnings guidance on Monday, November, 5th. The company provided EPS guidance of $0.73-0.81 for the period, compared to the Thomson Reuters consensus earnings per share 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?
10 analysts have issued 12-month target prices for Welbilt's stock. Their forecasts range from $16.00 to $24.00. On average, they anticipate Welbilt's share price to reach $21.1429 in the next twelve months. This suggests a possible upside of 64.0% from the stock's current price. View Analyst Price Targets for Welbilt.
What is the consensus analysts' recommendation for Welbilt?
10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Welbilt in the last year. There are currently 2 hold ratings and 8 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 coverage about WBT stock has trended somewhat positive on Tuesday, InfoTrie Sentiment Analysis reports. The research group identifies positive and negative news coverage by analyzing more than six thousand blog and news sources. The firm ranks coverage of companies on a scale of negative five to five, with scores closest to five being the most favorable. Welbilt earned a media sentiment score of 1.7 on InfoTrie's scale. They also gave news articles about the industrial products company a news buzz of 8.0 out of 10, indicating that recent news coverage is very likely to have an impact on the company's share price in the near term.
Who are some of Welbilt's key competitors?
Some companies that are related to Welbilt include Nordson (NDSN), Pentair (PNR), Graco (GGG), HD Supply (HDS), Donaldson (DCI), AB SKF (SKFRY), DAI NIPPON PRTG/S (DNPLY), Alcoa (AA), Crown (CCK), AptarGroup (ATR), Berry Global Group (BERY), Middleby (MIDD), Halma (HLMAF), Flowserve (FLS) and KION GRP AG/ADR (KIGRY).
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 number of of institutional and retail investors. Top institutional shareholders include Select Equity Group L.P. (9.85%), Brown Advisory Inc. (4.52%), BlackRock Inc. (3.95%), Dimensional Fund Advisors LP (2.41%), Earnest Partners LLC (2.30%) and Standard Life Aberdeen plc (1.71%). Company insiders that own Welbilt stock include Brian R Gamache, Joel H Horn, Josef Matosevic, Maurice D Jones and Richard N Caron. 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 Victory Capital Management Inc., Select Equity Group L.P., Eagle Asset Management Inc., Wells Fargo & Company MN, BlackRock Inc., FIL Ltd, Nordea Investment Management AB and Russell Investments Group Ltd.. 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 acquired by a variety of institutional investors in the last quarter, including Brown Advisory Inc., Handelsbanken Fonder AB, FMR LLC, Jennison Associates LLC, First Trust Advisors LP, Artemis Investment Management LLP, Alliancebernstein L.P. and Sarasin & Partners LLP. 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 $12.89.
How big of a company is Welbilt?
Welbilt has a market capitalization of $1.86 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.
