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NYSE:WBT - Welbilt Stock Price, Forecast & News

$13.22
+0.25 (+1.93 %)
(As of 02/28/2020 04:00 PM ET)
Today's Range
$12.69
Now: $13.22
$13.29
50-Day Range
$12.97
MA: $14.74
$15.51
52-Week Range
$12.67
Now: $13.22
$19.81
Volume2.42 million shs
Average Volume1.08 million shs
Market Capitalization$1.87 billion
P/E Ratio33.90
Dividend YieldN/A
Beta1.57
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.

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$1.22 per share
Book Value$1.33 per share

Profitability

Net Income$78.20 million

Miscellaneous

Employees5,500
Market Cap$1.87 billion
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

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Welbilt (NYSE:WBT) Frequently Asked Questions

What is Welbilt's stock symbol?

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

How were Welbilt's earnings last quarter?

Welbilt, Inc (NYSE:WBT) announced its quarterly earnings data on Tuesday, February, 25th. The industrial products company reported $0.19 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.02. The industrial products company had revenue of $381.80 million for the quarter, compared to the consensus estimate of $400.51 million. Welbilt had a net margin of 3.51% and a return on equity of 45.66%. Welbilt's quarterly revenue was down 6.0% on a year-over-year basis. During the same quarter last year, the company posted $0.18 earnings per share. View Welbilt's Earnings History.

When is Welbilt's next earnings date?

Welbilt is scheduled to release their next quarterly earnings announcement on Tuesday, May 5th 2020. View Earnings Estimates for Welbilt.

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

Welbilt updated its FY20 earnings guidance on Tuesday, February, 25th. The company provided EPS guidance of $0.68-0.75 for the period, compared to the Thomson Reuters consensus earnings per share estimate of $0.83. The company issued revenue guidance of (2%) to 1% to $1.56-1.61 billion, compared to the consensus revenue estimate of $1.64 billion.

What price target have analysts set for WBT?

4 brokerages have issued 12 month target prices for Welbilt's stock. Their forecasts range from $14.00 to $20.00. On average, they anticipate Welbilt's stock price to reach $18.00 in the next year. This suggests a possible upside of 36.2% from the stock's current price. View Analyst Price Targets for Welbilt.

What is the consensus analysts' recommendation for Welbilt?

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

Has Welbilt been receiving favorable news coverage?

News articles about WBT stock have been trending very negative on Friday, according to InfoTrie. The research group ranks the sentiment of media coverage by reviewing more than six thousand news and blog sources. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. Welbilt earned a coverage optimism score of -3.0 on InfoTrie's scale. They also gave news coverage about the industrial products company a news buzz of 0.0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the stock's share price in the near future. View News Stories for Welbilt.

Are investors shorting Welbilt?

Welbilt saw a decrease in short interest in the month of January. As of January 31st, there was short interest totalling 12,670,000 shares, a decrease of 5.1% from the January 15th total of 13,350,000 shares. Based on an average trading volume of 1,200,000 shares, the days-to-cover ratio is currently 10.6 days. Currently, 9.0% of the company's 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), Vonage (VG), Telecom plus (TEP), People's United Financial (PBCT), Caterpillar (CAT) and Coty (COTY).

Who are Welbilt's key executives?

Welbilt's management team includes the folowing 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 Welbilt's major shareholders?

Welbilt's stock is owned by a variety of of retail and institutional investors. Top institutional shareholders include Champlain Investment Partners LLC (5.60%), Investec Asset Management LTD (3.63%), FMR LLC (2.64%), Earnest Partners LLC (2.48%), State Street Corp (1.94%) and Standard Life Aberdeen plc (1.60%). Company insiders that own Welbilt stock include Haresh Shah, Jamie E Palm, 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 for Welbilt.

Which institutional investors are buying Welbilt stock?

WBT stock was bought by a variety of institutional investors in the last quarter, including Investec Asset Management LTD, Champlain Investment Partners LLC, Capital International Investors, Sarasin & Partners LLP, Spark Investment Management LLC, Madison Asset Management LLC, FIL Ltd and Standard Life Aberdeen plc. Company insiders that have bought Welbilt stock in the last two years include Haresh Shah, Richard James Sheffer and William Johnson. View Insider Buying and Selling 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 $13.22.

How big of a company is Welbilt?

Welbilt has a market capitalization of $1.87 billion and generates $1.59 billion in revenue each year. The industrial products company earns $78.20 million in net income (profit) each year or $0.68 on an earnings per share basis. Welbilt employs 5,500 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:  255 (Vote Outperform)
Underperform Votes:  278 (Vote Underperform)
Total Votes:  533
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 2/28/2020 by MarketBeat.com Staff

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