NYSE:WBT

Welbilt Stock Forecast, Price & News

$23.45
+0.05 (+0.21 %)
(As of 09/21/2021 12:00 AM ET)
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Today's Range
$23.40
$23.49
50-Day Range
$23.11
$23.57
52-Week Range
$5.85
$25.19
Volume963,881 shs
Average Volume2.38 million shs
Market Capitalization$3.33 billion
P/E Ratio58.63
Dividend YieldN/A
Beta2.45
30 days | 90 days | 365 days | Advanced Chart
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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.

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Industry, Sector and Symbol

Sales & Book Value

Profitability

Debt

Price-To-Earnings

Miscellaneous


MarketRank

Overall MarketRank

2.13 out of 5 stars

Industrial Products Sector

122nd out of 240 stocks

Refrigeration & Service Industry Machinery Industry

4th out of 6 stocks

Analyst Opinion: 2.0Community Rank: 4.3Dividend Strength: 0.0Insider Behavior: 2.5Valuation: 1.9 5 -4 -3 -2 -1 -
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Welbilt (NYSE:WBT) Frequently Asked Questions

Is Welbilt a buy right now?

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Welbilt in the last year. There are currently 8 hold ratings for the stock. The consensus among Wall Street equities 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 buying opportunities in the stock market. Some of MarketBeat's past winning trading ideas have resulted in 5-15% weekly gains. MarketBeat just released five new stock ideas, but Welbilt wasn't one of them. MarketBeat thinks these five companies may be even better buys.
View MarketBeat's top stock picks here.

When is Welbilt's next earnings date?

Welbilt is scheduled to release its next quarterly earnings announcement on Tuesday, November 2nd 2021.
View our earnings forecast for Welbilt
.

How were Welbilt's earnings last quarter?

Welbilt, Inc (NYSE:WBT) released its earnings results on Tuesday, August, 3rd. The industrial products company reported $0.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.13 by $0.09. The industrial products company had revenue of $395.60 million for the quarter, compared to analyst estimates of $352.70 million. Welbilt had a net margin of 4.26% and a trailing twelve-month return on equity of 27.29%. The firm's revenue for the quarter was up 92.0% on a year-over-year basis. During the same quarter last year, the business posted ($0.07) EPS.
View Welbilt's earnings history
.

How has Welbilt's stock price been impacted by Coronavirus?

Welbilt's stock was trading at $8.48 on March 11th, 2020 when Coronavirus reached pandemic status according to the World Health Organization. Since then, WBT shares have increased by 176.5% and is now trading at $23.45.
View which stocks have been most impacted by COVID-19
.

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

Welbilt updated its FY 2021 earnings guidance on Tuesday, August, 10th. The company provided EPS guidance of for the period. The company issued revenue guidance of $1.48 billion-$1.48 billion, compared to the consensus revenue estimate of $1.38 billion.

What price target have analysts set for WBT?

8 analysts have issued 12-month price objectives for Welbilt's shares. Their forecasts range from $18.00 to $26.00. On average, they expect Welbilt's stock price to reach $22.67 in the next twelve months. This suggests that the stock has a possible downside of 3.3%.
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 a number of retail and institutional investors. Top institutional investors include Vanguard Group Inc. (8.31%), Icahn Carl C (7.84%), BlackRock Inc. (6.28%), Invesco Ltd. (4.08%), Dimensional Fund Advisors LP (2.09%) and JPMorgan Chase & Co. (2.08%). Company insiders that own Welbilt stock include Jennifer Gudenkauf, 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 Alliancebernstein L.P., Invesco Ltd., JPMorgan Chase & Co., Ninety One UK Ltd, BlackRock Inc., FMR LLC, Icahn Carl C, and ArrowMark Colorado Holdings LLC.
View insider buying and selling activity for Welbilt
or view top insider-selling stocks.

Which institutional investors are buying Welbilt stock?

WBT stock was bought by a variety of institutional investors in the last quarter, including Magnetar Financial LLC, Water Island Capital LLC, Goldman Sachs Group Inc., Alpine Associates Management Inc., Balyasny Asset Management LLC, Border to Coast Pensions Partnership Ltd, Westchester Capital Management LLC, and Spring Creek Capital 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 $23.45.

How much money does Welbilt make?

Welbilt has a market capitalization of $3.33 billion and generates $1.15 billion in revenue each year. The industrial products company earns $-7,400,000.00 in net income (profit) each year or $0.16 on an earnings per share basis.

How many employees does Welbilt have?

Welbilt employs 4,400 workers across the globe.

What is Welbilt's official website?

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

Where are Welbilt's headquarters?

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 9/21/2021 by MarketBeat.com Staff
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