Welbilt Stock Forecast, Price & News

3 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Welbilt in the last year. There are currently 3 hold ratings for the stock. The consensus among Wall Street 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.

3 brokers have issued 12 month target prices for Welbilt's shares. Their WBT stock forecasts range from $24.00 to $24.00. On average, they anticipate Welbilt's share price to reach $24.00 in the next twelve months. This suggests a possible upside of 0.5% from the stock's current price.
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Welbilt's stock was trading at $23.77 at the beginning of 2022. Since then, WBT shares have increased by 0.5% and is now trading at $23.88.
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Welbilt is scheduled to release its next quarterly earnings announcement on Tuesday, August 2nd 2022.
View our earnings forecast for Welbilt.

Welbilt, Inc (NYSE:WBT) released its earnings results on Tuesday, May, 10th. The industrial products company reported $0.10 EPS for the quarter, missing the consensus estimate of $0.12 by $0.02. The industrial products company had revenue of $330 million for the quarter, compared to analysts' expectations of $346.80 million. Welbilt had a net margin of 4.18% and a trailing twelve-month return on equity of 29.17%. The business's revenue for the quarter was up 4.2% on a year-over-year basis. During the same period in the prior year, the business earned $0.08 earnings per share.
View Welbilt's earnings history.

Some companies that are related to Welbilt include Middleby (MIDD), Evoqua Water Technologies (AQUA), Hayward (HAYW), Tennant (TNC), Standex International (SXI) and Generation Next Franchise Brands (VEND).
View all of WBT's competitors.

Based on aggregate information from My MarketBeat watchlists, some companies that other Welbilt investors own include 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).

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

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.
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One share of WBT stock can currently be purchased for approximately $23.88.

Welbilt (NYSE:WBT) has a market capitalization of $3.42 billion and generates $1.55 billion in revenue each year. The industrial products company earns $70.30 million in net income (profit) each year or $0.46 on an earnings per share basis.

Welbilt employs 4,800 workers across the globe.

Welbilt's mailing address is 2227 WELBILT BOULEVARD, NEW PORT RICHEY FL, 34655. The official website for Welbilt is www.manitowocfoodservice.com. The industrial products company can be reached via phone at 727-375-7010, via email at investors@mtwfs.com, or via fax at 727-375-7010.