NYSE:WBT - Welbilt Stock Price, News, & Analysis

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

Welbilt, Inc (NYSE:WBT) posted its quarterly earnings data on Monday, November, 5th. The industrial products company reported $0.25 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 88.66% and a net margin of 7.56%. The firm's quarterly revenue was up 8.5% compared to the same quarter last year. During the same period last year, the business earned $0.22 EPS. View Welbilt's Earnings History.

Welbilt is scheduled to release their next quarterly earnings announcement on Monday, February 25th 2019. View Earnings Estimates for Welbilt.

Welbilt updated its FY18 earnings guidance on Monday, November, 5th. The company provided earnings per share (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.

11 Wall Street analysts have issued 12 month target prices for Welbilt's shares. Their predictions range from $16.00 to $24.00. On average, they expect Welbilt's stock price to reach $20.50 in the next year. This suggests a possible upside of 63.1% from the stock's current price. View Analyst Price Targets for Welbilt.

11 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Welbilt in the last year. There are currently 2 hold ratings and 9 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View Analyst Ratings for Welbilt.

News headlines about WBT stock have trended somewhat positive on Tuesday, according to InfoTrie. The research firm identifies negative and positive news coverage by reviewing more than six thousand news and blog sources in real time. The firm ranks coverage of public companies on a scale of negative five to positive five, with scores nearest to five being the most favorable. Welbilt earned a news sentiment score of 1.9 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 10.0 out of 10, meaning that recent news coverage is extremely likely to have an effect on the company's share price in the immediate future.

Some companies that are related to Welbilt include DAI NIPPON PRTG/S (DNPLY), Halma (HLMAF), HD Supply (HDS), Berry Global Group (BERY), Crown (CCK), Middleby (MIDD), Fortune Brands Home & Security (FBHS), AptarGroup (ATR), Donaldson (DCI), Hubbell (HUBB), Sealed Air (SEE), Amada (AMDLY), KION GRP AG/ADR (KIGRY), HITACHI CONSTR/ADR (HTCMY) and Flowserve (FLS).

Welbilt's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Dudley & Shanley Inc. (1.78%), Skyline Asset Management LP (0.39%), DNB Asset Management AS (0.13%) and Fox Run Management L.L.C. (0.01%). Company insiders that own Welbilt stock include Brian R Gamache, Haresh Shah, Joel H Horn, Josef Matosevic, Richard James Sheffer, Richard N Caron and William Johnson. View Institutional Ownership Trends for Welbilt.

WBT stock was sold by a variety of institutional investors in the last quarter, including DNB Asset Management AS. 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.

WBT stock was purchased by a variety of institutional investors in the last quarter, including Dudley & Shanley Inc., Skyline Asset Management LP and Fox Run Management L.L.C.. Company insiders that have bought Welbilt stock in the last two years include Brian R Gamache, Haresh Shah, Richard James Sheffer and William Johnson. 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 $12.57.

Welbilt has a market capitalization of $1.74 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.

The official website for Welbilt is http://www.manitowocfoodservice.com.

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]