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

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

Welbilt, Inc (NYSE:WBT) announced its earnings results on Monday, May, 7th. The industrial products company reported $0.15 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. The business's revenue was up 6.8% compared to the same quarter last year. During the same period last year, the firm posted $0.08 EPS. View Welbilt's Earnings History.

Welbilt is scheduled to release their next quarterly earnings announcement on Thursday, August, 9th 2018. View Earnings Estimates for Welbilt.

Welbilt updated its FY18 earnings guidance on Monday, May, 7th. The company provided EPS guidance of $0.80-0.90 for the period, compared to the Thomson Reuters consensus 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.

10 equities research analysts have issued twelve-month price targets for Welbilt's stock. Their predictions range from $22.00 to $25.00. On average, they expect Welbilt's stock price to reach $23.8333 in the next year. This suggests a possible upside of 2.3% from the stock's current price. View Analyst Ratings for Welbilt.

10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Welbilt in the last year. There are currently 3 hold ratings and 7 buy ratings for the stock, resulting in a consensus recommendation of "Buy."

Some companies that are related to Welbilt include TORAY INDUSTRIE/ADR (TRYIY), Amcor Limited ADS common stock (AMCRY), Xylem (XYL), Dover (DOV), Norsk Hydro ASA (NHYDY), BRAMBLES Ltd/S (BXBLY), Packaging Corp Of America (PKG), IDEX (IEX), A. O. Smith (AOS), James Hardie Industries (JHX), Snc-Lavalin Group (SNC), Avery Dennison (AVY), ASAHI GLASS/ADR (ASGLY), AB SKF (SKFRY) and HD Supply (HDS).

News coverage about WBT stock has been trending somewhat positive recently, according to Accern Sentiment. The research firm ranks the sentiment of press coverage by monitoring more than 20 million news and blog sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Welbilt earned a news sentiment score of 0.15 on Accern's scale. They also gave news stories about the industrial products company an impact score of 45.89 out of 100, indicating that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term.

Welbilt's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Dudley & Shanley Inc. (0.90%), DnB Asset Management AS (0.27%), Foundry Partners LLC (0.04%), Amalgamated Bank (0.02%), Bank of Montreal Can (0.02%) and Xact Kapitalforvaltning AB (0.02%). 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.

WBT stock was sold by a variety of institutional investors in the last quarter, including Foundry Partners 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.

WBT stock was bought by a variety of institutional investors in the last quarter, including DnB Asset Management AS, Thompson Investment Management Inc., Cornerstone Wealth Management LLC, Dudley & Shanley Inc., Xact Kapitalforvaltning AB, State of Alaska Department of Revenue, Amalgamated Bank and Bank of Montreal Can. View Insider Buying and Selling for 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.

One share of WBT stock can currently be purchased for approximately $23.30.

Welbilt has a market capitalization of $3.26 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.

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]