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NYSE:WBT - Welbilt Stock Price, Forecast & News

$4.80
-0.06 (-1.23 %)
(As of 03/30/2020 11:35 AM ET)
Today's Range
$4.37
Now: $4.80
$4.85
50-Day Range
$3.50
MA: $10.73
$15.07
52-Week Range
$3.17
Now: $4.80
$19.81
Volume16,902 shs
Average Volume3.65 million shs
Market Capitalization$679.10 million
P/E Ratio12.31
Dividend YieldN/A
Beta1.53
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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Welbilt logo

Industry, Sector and Symbol

Industry Refrigeration & service industry machinery
Sub-IndustryN/A
SectorIndustrial Products
CUSIPN/A
Phone727-375-7010

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.59 billion
Cash Flow$1.13 per share
Book Value$1.79 per share

Profitability

Net Income$55.90 million

Miscellaneous

Employees5,100
Market Cap$679.10 million
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

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Welbilt (NYSE:WBT) Frequently Asked Questions

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

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 44.5% and is now trading at $4.71. View which stocks have been mosted impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Welbilt?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Welbilt in the last year. There are currently 2 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, May 5th 2020. View our earnings forecast for Welbilt.

How were Welbilt's earnings last quarter?

Welbilt, Inc (NYSE:WBT) announced its quarterly earnings results on Tuesday, February, 25th. The industrial products company reported $0.19 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.17 by $0.02. The industrial products company earned $381.80 million during the quarter, compared to analyst estimates of $400.51 million. Welbilt had a net margin of 3.51% and a return on equity of 43.49%. Welbilt's quarterly revenue was down 6.0% on a year-over-year basis. During the same period last year, the business posted $0.18 EPS. View Welbilt's earnings history.

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

Welbilt issued an update on its first quarter 2020 Pre-Market earnings guidance on Friday, March, 20th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $319.005-337.77 million, compared to the consensus revenue estimate of $343.52 million.

What price target have analysts set for WBT?

5 Wall Street analysts have issued twelve-month target prices for Welbilt's stock. Their forecasts range from $6.50 to $20.00. On average, they anticipate Welbilt's stock price to reach $13.50 in the next twelve months. This suggests a possible upside of 186.6% from the stock's current price. View analysts' price targets for Welbilt.

Has Welbilt been receiving favorable news coverage?

Media coverage about WBT stock has trended somewhat negative recently, according to InfoTrie. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand blog and news sources in real-time. The firm ranks coverage of companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Welbilt earned a news sentiment score of -1.0 on InfoTrie's scale. They also gave headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent press coverage is extremely unlikely to have an effect on the company's share price in the immediate future. View the latest news aboutWelbilt.

Are investors shorting Welbilt?

Welbilt saw a decrease in short interest in the month of March. As of March 13th, there was short interest totaling 8,960,900 shares, a decrease of 12.8% from the February 27th total of 10,280,000 shares. Based on an average trading volume of 1,190,000 shares, the short-interest ratio is currently 7.5 days. Approximately 6.4% of the shares of the stock are short sold. View Welbilt's Current Options Chain.

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), Progenics Pharmaceuticals (PGNX), WPX Energy (WPX), Energy Transfer LP Unit (ET), Pure Storage (PSTG), Caterpillar (CAT), Coty (COTY), Visa (V), Vonage (VG) and Telecom plus (TEP).

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 many different institutional and retail investors. Top institutional shareholders include Nuveen Asset Management LLC (5.65%), Champlain Investment Partners LLC (5.60%), Investec Asset Management LTD (3.63%), FMR LLC (2.64%), Earnest Partners LLC (2.48%) and State Street Corp (1.94%). 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 Handelsbanken Fonder AB, FMR LLC, Ancora Advisors LLC, Bank of New York Mellon Corp, Russell Investments Group Ltd., Victory Capital Management Inc., Victory Capital Management Inc., and Skyline Asset Management LP. View insider buying and selling activity for Welbilt.

Which institutional investors are buying Welbilt stock?

WBT stock was acquired by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Nuveen Asset Management LLC, Champlain Investment Partners LLC, Capital International Investors, Norges Bank, Sarasin & Partners LLP, Spark Investment Management LLC, and Madison Asset Management LLC. 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 $4.71.

How big of a company is Welbilt?

Welbilt has a market capitalization of $666.37 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. View additional information about Welbilt.

What is Welbilt's official website?

The official website for Welbilt is http://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]


MarketBeat Community Rating for Welbilt (NYSE WBT)

Community Ranking:  2.4 out of 5 (star star)
Outperform Votes:  264 (Vote Outperform)
Underperform Votes:  287 (Vote Underperform)
Total Votes:  551
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.
This page was last updated on 3/30/2020 by MarketBeat.com Staff

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