Welbilt Stock Price, News & Analysis (NYSE:WBT)

$21.93 +0.16 (+0.73 %)
(As of 02/22/2018 12:38 PM ET)
Previous Close$21.77
Today's Range$21.66 - $22.11
52-Week Range$17.98 - $23.77
Volume247,327 shs
Average Volume628,152 shs
Market Capitalization$3.05 billion
P/E Ratio33.98
Dividend YieldN/A
Beta0.91

About Welbilt (NYSE:WBT)

Welbilt logoWelbilt, Inc., formerly Manitowoc Foodservice, Inc., is a commercial foodservice equipment company. The Company designs, manufactures and supplies food and beverage equipment for the global commercial foodservice market, offering customers operator and patron insights, kitchen solutions, culinary expertise, and implementation support and service. It operates through three segments: Americas, EMEA and APAC. The Americas segment includes the United States, Canada and Latin America. The EMEA segment consists of markets in Europe, Middle East and Africa, including Russia and the commonwealth of independent states. The APAC segment consists of markets in China, Singapore, Australia, India, Malaysia, Indonesia, Thailand and the Philippines. It supplies foodservice equipment to commercial and institutional foodservice operators. Its brands include Cleveland, Convotherm, Delfield, fitKitchen, Frymaster, Garland, Kolpak, Lincoln, Manitowoc Ice, Merco, Merrychef and Multiplex.

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Industry, Sector and Symbol

Industry Industrial Machinery & Equipment
Sub-IndustryN/A
SectorIndustrial Products
SymbolNYSE:WBT
CUSIPN/A
Phone727-375-7010

Debt

Debt-to-Equity Ratio29.38%
Current Ratio1.35%
Quick Ratio0.79%

Price-To-Earnings

Trailing P/E Ratio33.9849060141565
Forward P/E Ratio28.12
P/E Growth2.32

Sales & Book Value

Annual Sales$1.46 billion
Price / Sales2.10
Cash Flow$1.02 per share
Price / Cash21.58
Book Value($0.31) per share
Price / Book-70.74

Profitability

Trailing EPS$0.64
Net Income$79.50 million
Net Margins6.14%
Return on Equity-2,645.52%
Return on Assets5.23%

Miscellaneous

Employees5,500
Outstanding Shares139,450,000

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) released its earnings results on Monday, November, 6th. The industrial products company reported $0.23 earnings per share (EPS) for the quarter, missing the Zacks' consensus estimate of $0.24 by $0.01. The industrial products company had revenue of $380.40 million for the quarter, compared to analysts' expectations of $387.05 million. Welbilt had a negative return on equity of 2,645.52% and a net margin of 6.14%. The firm's revenue for the quarter was down .9% compared to the same quarter last year. View Welbilt's Earnings History.

When will Welbilt make its next earnings announcement?

Welbilt is scheduled to release their next quarterly earnings announcement on Monday, February, 26th 2018. View Earnings Estimates for Welbilt.

Where is Welbilt's stock going? Where will Welbilt's stock price be in 2018?

7 Wall Street analysts have issued 12-month price targets for Welbilt's shares. Their predictions range from $22.00 to $25.00. On average, they anticipate Welbilt's share price to reach $24.20 in the next twelve months. View Analyst Ratings for Welbilt.

Who are some of Welbilt's key competitors?

Who are Welbilt's key executives?

Welbilt's management team includes the folowing people:

  • Cynthia M. Egnotovich, Independent Chairperson of the Board (Age 59)
  • Hubertus M. Muehlhaeuser, President, Chief Executive Officer, Director (Age 47)
  • Haresh Shah, Chief Financial Officer, Senior Vice President, Chief Accounting Officer, Controller (Age 48)
  • Josef Matosevic, Chief Operating Officer, Senior Vice President (Age 45)
  • Joel H. Horn, Senior Vice President, General Counsel, Secretary (Age 48)
  • Andreas G. Weishaar, Senior Vice President - Strategy, Marketing and Human Resources (Age 42)
  • Richard N. Caron, Senior Vice President - Innovation (Age 53)
  • Dino Joe Bianco, Independent Director (Age 55)
  • Joan Kai Chow, Independent Director (Age 56)
  • Thomas Dale Davis, Independent Director (Age 61)

Who owns Welbilt stock?

Welbilt's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Investec Asset Management LTD (5.21%), BlackRock Inc. (3.74%), Champlain Investment Partners LLC (3.09%), Gates Capital Management Inc. (2.53%), Earnest Partners LLC (2.19%) and Lazard Asset Management LLC (1.64%). 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.

Who sold Welbilt stock? Who is selling Welbilt stock?

Welbilt's stock was sold by a variety of institutional investors in the last quarter, including TIAA CREF Investment Management LLC, Freshford Capital Management LLC, Investec Asset Management LTD, Millennium Management LLC, Eagle Asset Management Inc., The Manufacturers Life Insurance Company , Eidelman Virant Capital and Pier Capital 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.

Who bought Welbilt stock? Who is buying Welbilt stock?

Welbilt's stock was bought by a variety of institutional investors in the last quarter, including Earnest Partners LLC, Impax Asset Management LTD, Brown Advisory Inc., First Trust Advisors LP, Two Sigma Investments LP, Champlain Investment Partners LLC, Wells Fargo & Company MN and Renaissance Technologies LLC. View Insider Buying and Selling for Welbilt.

How do I buy Welbilt stock?

Shares of Welbilt 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.

What is Welbilt's stock price today?

One share of Welbilt stock can currently be purchased for approximately $21.93.

How big of a company is Welbilt?

Welbilt has a market capitalization of $3.05 billion and generates $1.46 billion in revenue each year. The industrial products company earns $79.50 million in net income (profit) each year or $0.64 on an earnings per share basis. Welbilt employs 5,500 workers across the globe.

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 (WBT)

Community Ranking:  2.1 out of 5 (star star)
Outperform Votes:  97 (Vote Outperform)
Underperform Votes:  132 (Vote Underperform)
Total Votes:  229
MarketBeat's community ratings are surveys of what our community members think about Welbilt and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.

Analyst Ratings

Welbilt (NYSE:WBT) Analysts' Consensus Rating

  (How are Consensus Ratings Calculated?)
Today30 Days Ago90 Days Ago180 Days Ago
Consensus Rating: BuyBuyHoldBuy
Consensus Rating Score: 2.572.502.332.50
Ratings Breakdown: 0 Sell Rating(s)
3 Hold Rating(s)
4 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
3 Hold Rating(s)
3 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
4 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
0 Sell Rating(s)
2 Hold Rating(s)
2 Buy Rating(s)
0 Strong Buy Rating(s)
Consensus Price Target: $24.20$23.40$22.40$21.25
Price Target Upside: 16.57% upside4.98% upside1.27% upside9.03% upside

Welbilt (NYSE:WBT) Consensus Price Target History

Price Target History for Welbilt (NYSE:WBT)

Welbilt (NYSE:WBT) Analyst Ratings History

Show:
DateBrokerageActionRatingPrice TargetImpact on Share PriceDetails
2/13/2018Susquehanna BancsharesSet Price TargetPositive -> Positive$25.00MediumView Rating Details
12/12/2017BarclaysInitiated CoverageOverweight$25.00LowView Rating Details
10/13/2017CitigroupBoost Price TargetNeutral$20.00 -> $24.00N/AView Rating Details
10/12/2017KeyCorpReiterated RatingBuy$25.00N/AView Rating Details
10/10/2017Longbow ResearchInitiated CoverageNeutralN/AView Rating Details
8/24/2017Robert W. BairdSet Price TargetBuy$22.00LowView Rating Details
8/17/2017Dougherty & CoReiterated RatingNeutralLowView Rating Details
11/16/2016Seaport Global SecuritiesInitiated CoverageBuy$22.00N/AView Rating Details
7/11/2016William BlairUpgradeMarket Perform -> Outperform$21.00N/AView Rating Details
3/11/2016BB&TReiterated RatingHoldN/AView Rating Details
(Data available from 2/22/2016 forward)

Earnings

Welbilt (NYSE:WBT) Earnings History and Estimates Chart

Earnings by Quarter for Welbilt (NYSE:WBT)

Welbilt (NYSE WBT) Earnings History by Quarter

DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
2/26/2018$0.24N/AView Earnings Details
11/6/2017Q3$0.24$0.23$387.05 million$380.40 millionViewN/AView Earnings Details
8/9/20176/30/2017$0.18$0.22$367.28 million$371.10 millionViewListenView Earnings Details
5/8/2017Q1 2017$0.09$0.08$318.12 million$328.00 millionViewListenView Earnings Details
2/15/2017Q416$0.17$0.16$391.70 million$378.70 millionViewListenView Earnings Details
11/7/2016Q316$0.17$0.20$386.60 million$384.00 millionViewN/AView Earnings Details
8/11/2016Q216$0.16$0.12$379.00 million$368.40 millionViewListenView Earnings Details
5/12/2016Q116$0.10$0.13$341.20 million$325.50 millionViewListenView Earnings Details
(Earnings results data provided by Zacks Investment Research)

Estimates

Welbilt (NYSE:WBT) Earnings Estimates

2018 EPS Consensus Estimate: $0.95
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20181$0.13$0.13$0.13
Q2 20181$0.21$0.21$0.21
Q3 20181$0.30$0.30$0.30
Q4 20181$0.31$0.31$0.31
Q1 20191$0.18$0.18$0.18
Q2 20191$0.28$0.28$0.28
Q3 20191$0.38$0.38$0.38
(Earnings estimates data provided by Zacks Investment Research)

Dividends

Dividend History for Welbilt (NYSE:WBT)


No dividend announcements for this company have been tracked by MarketBeat.com

Insider Trades

Welbilt (NYSE WBT) Insider Trading and Institutional Ownership History

Insider Ownership Percentage: 0.67%
Institutional Ownership Percentage: 93.60%
Insider Trades by Quarter for Welbilt (NYSE:WBT)
Institutional Ownership by Quarter for Welbilt (NYSE:WBT)

Welbilt (NYSE WBT) Insider Trades by Quarter

Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionShares Held After TransactionDetails
1/4/2018Josef MatosevicCOOSell655$23.45$15,359.7527,956View SEC Filing  
8/29/2017Brian R GamacheDirectorBuy10,000$19.68$196,800.0014,776View SEC Filing  
6/14/2017Joel H HornSVPSell1,561$19.23$30,018.033,515View SEC Filing  
2/17/2017Joel H HornSVPSell809$18.44$14,917.965,076View SEC Filing  
2/17/2017Josef MatosevicCOOSell1,323$18.44$24,396.1222,831View SEC Filing  
11/28/2016Maurice D JonesSVPSell3,400$17.84$60,656.00159,594View SEC Filing  
(Data available from 1/1/2013 forward)

Headlines

Welbilt (NYSE WBT) News Headlines

Source:
DateHeadline
Welbilt plans 110 new jobs, $10 million expansionWelbilt plans 110 new jobs, $10 million expansion
finance.yahoo.com - February 20 at 4:39 PM
Welbilt (WBT) Set to Announce Earnings on MondayWelbilt (WBT) Set to Announce Earnings on Monday
www.americanbankingnews.com - February 19 at 6:16 AM
Welbilt (WBT) Given a $25.00 Price Target at Susquehanna BancsharesWelbilt (WBT) Given a $25.00 Price Target at Susquehanna Bancshares
www.americanbankingnews.com - February 18 at 10:34 AM
W W Grainger (GWW) and Welbilt (WBT) Critical ComparisonW W Grainger (GWW) and Welbilt (WBT) Critical Comparison
www.americanbankingnews.com - February 14 at 11:24 AM
Financial Analysis: Park-Ohio (PKOH) and Welbilt (WBT)Financial Analysis: Park-Ohio (PKOH) and Welbilt (WBT)
www.americanbankingnews.com - February 13 at 1:28 PM
Welbilt Inc (WBT) Receives Consensus Recommendation of "Buy" from BrokeragesWelbilt Inc (WBT) Receives Consensus Recommendation of "Buy" from Brokerages
www.americanbankingnews.com - February 12 at 1:34 AM
Comparing Welbilt (WBT) and Pall (PLL)Comparing Welbilt (WBT) and Pall (PLL)
www.americanbankingnews.com - February 6 at 12:42 PM
FY2018 Earnings Forecast for Welbilt Inc Issued By KeyCorp (WBT)FY2018 Earnings Forecast for Welbilt Inc Issued By KeyCorp (WBT)
www.americanbankingnews.com - January 31 at 12:16 PM
 Analysts Expect Welbilt Inc (WBT) Will Post Quarterly Sales of $383.58 Million Analysts Expect Welbilt Inc (WBT) Will Post Quarterly Sales of $383.58 Million
www.americanbankingnews.com - January 28 at 4:58 AM
Welbilt Announces Details of 2017 Fourth Quarter Earnings Call and WebcastWelbilt Announces Details of 2017 Fourth Quarter Earnings Call and Webcast
finance.yahoo.com - January 25 at 8:59 AM
Park-Ohio (PKOH) versus Welbilt (WBT) Critical ContrastPark-Ohio (PKOH) versus Welbilt (WBT) Critical Contrast
www.americanbankingnews.com - January 18 at 3:06 AM
Welbilt Inc (WBT) Receives Average Rating of "Buy" from AnalystsWelbilt Inc (WBT) Receives Average Rating of "Buy" from Analysts
www.americanbankingnews.com - January 18 at 1:08 AM
Welbilt Inc (WBT) Short Interest UpdateWelbilt Inc (WBT) Short Interest Update
www.americanbankingnews.com - January 17 at 2:52 AM
Welbilt (WBT) Rating Increased to Buy at Zacks Investment ResearchWelbilt (WBT) Rating Increased to Buy at Zacks Investment Research
www.americanbankingnews.com - January 13 at 11:38 AM
Zacks: Analysts Expect Welbilt Inc (WBT) Will Announce Quarterly Sales of $383.48 MillionZacks: Analysts Expect Welbilt Inc (WBT) Will Announce Quarterly Sales of $383.48 Million
www.americanbankingnews.com - January 11 at 8:38 AM
Insider Selling: Welbilt Inc (WBT) COO Sells 655 Shares of StockInsider Selling: Welbilt Inc (WBT) COO Sells 655 Shares of Stock
www.americanbankingnews.com - January 8 at 7:50 PM
Machinery Stocks Research Reports Released on Rockwell Automation, Rexnord, Xylem, and WelbiltMachinery Stocks' Research Reports Released on Rockwell Automation, Rexnord, Xylem, and Welbilt
www.bizjournals.com - December 29 at 10:38 AM
IBD Rating Upgrades: Welbilt Flashes Improved Relative Price StrengthIBD Rating Upgrades: Welbilt Flashes Improved Relative Price Strength
finance.yahoo.com - December 26 at 8:35 PM
Welbilt Inc (WBT) Expected to Announce Quarterly Sales of $383.48 MillionWelbilt Inc (WBT) Expected to Announce Quarterly Sales of $383.48 Million
www.americanbankingnews.com - December 25 at 4:20 AM
Welbilt Inc (WBT) Receives Average Rating of "Hold" from AnalystsWelbilt Inc (WBT) Receives Average Rating of "Hold" from Analysts
www.americanbankingnews.com - December 24 at 1:31 AM
$0.25 EPS Expected for Welbilt Inc (WBT) This Quarter$0.25 EPS Expected for Welbilt Inc (WBT) This Quarter
www.americanbankingnews.com - December 23 at 11:58 PM
Welbilt Inc (WBT) Expected to Post Earnings of $0.25 Per ShareWelbilt Inc (WBT) Expected to Post Earnings of $0.25 Per Share
www.americanbankingnews.com - December 23 at 11:58 PM
6 Stocks Like Caterpillar Will Boom During 2018s New Industrial Revolution - TheStreet.com6 Stocks Like Caterpillar Will Boom During 2018's New Industrial Revolution - TheStreet.com
www.thestreet.com - December 13 at 4:36 PM
Welbilt (WBT) Coverage Initiated by Analysts at BarclaysWelbilt (WBT) Coverage Initiated by Analysts at Barclays
www.americanbankingnews.com - December 12 at 8:38 PM
$383.48 Million in Sales Expected for Welbilt Inc (WBT) This Quarter$383.48 Million in Sales Expected for Welbilt Inc (WBT) This Quarter
www.americanbankingnews.com - December 8 at 1:52 PM
Welbilt, Inc. breached its 50 day moving average in a Bullish Manner : WBT-US : December 7, 2017Welbilt, Inc. breached its 50 day moving average in a Bullish Manner : WBT-US : December 7, 2017
finance.yahoo.com - December 7 at 10:54 AM
Manitowoc Food Service, Inc. (WBT) Receives Average Recommendation of "Hold" from AnalystsManitowoc Food Service, Inc. (WBT) Receives Average Recommendation of "Hold" from Analysts
www.americanbankingnews.com - November 29 at 1:38 AM
Welbilt, Inc. breached its 50 day moving average in a Bullish Manner : WBT-US : November 23, 2017Welbilt, Inc. breached its 50 day moving average in a Bullish Manner : WBT-US : November 23, 2017
finance.yahoo.com - November 23 at 6:17 PM
Zacks: Analysts Anticipate Manitowoc Food Service, Inc. (WBT) Will Post Quarterly Sales of $383.48 MillionZacks: Analysts Anticipate Manitowoc Food Service, Inc. (WBT) Will Post Quarterly Sales of $383.48 Million
www.americanbankingnews.com - November 20 at 4:28 PM
Manitowoc Food Service, Inc. (WBT) Expected to Post Earnings of $0.25 Per ShareManitowoc Food Service, Inc. (WBT) Expected to Post Earnings of $0.25 Per Share
www.americanbankingnews.com - November 18 at 9:14 AM
Welbilt: Cramers Top TakeawaysWelbilt: Cramer's Top Takeaways
finance.yahoo.com - November 16 at 7:41 AM
KeyCorp Analysts Lower Earnings Estimates for Manitowoc Food Service, Inc. (WBT)KeyCorp Analysts Lower Earnings Estimates for Manitowoc Food Service, Inc. (WBT)
www.americanbankingnews.com - November 9 at 1:54 PM
Welbilt Shows Improved Relative Price Performance; Still Shy Of BenchmarkWelbilt Shows Improved Relative Price Performance; Still Shy Of Benchmark
finance.yahoo.com - November 9 at 9:50 AM
Manitowoc Food Service, Inc. (WBT) Forecasted to Post FY2017 Earnings of $0.80 Per ShareManitowoc Food Service, Inc. (WBT) Forecasted to Post FY2017 Earnings of $0.80 Per Share
www.americanbankingnews.com - November 8 at 10:14 AM
KeyCorp Comments on Manitowoc Food Service, Inc.s FY2017 Earnings (WBT)KeyCorp Comments on Manitowoc Food Service, Inc.'s FY2017 Earnings (WBT)
www.americanbankingnews.com - November 8 at 10:14 AM
Welbilts (WBT) CEO Hubertus Muehlhaeuser on Q3 2017 Results - Earnings Call TranscriptWelbilt's (WBT) CEO Hubertus Muehlhaeuser on Q3 2017 Results - Earnings Call Transcript
seekingalpha.com - November 7 at 1:27 PM
Edited Transcript of WBT earnings conference call or presentation 6-Nov-17 3:00pm GMTEdited Transcript of WBT earnings conference call or presentation 6-Nov-17 3:00pm GMT
finance.yahoo.com - November 7 at 1:27 PM
Manitowoc Food Service, Inc. (WBT) Posts Quarterly  Earnings Results, Misses Estimates By $0.01 EPSManitowoc Food Service, Inc. (WBT) Posts Quarterly Earnings Results, Misses Estimates By $0.01 EPS
www.americanbankingnews.com - November 7 at 9:45 AM
Manitowoc Food Service, Inc. (WBT) Issues FY17 Earnings GuidanceManitowoc Food Service, Inc. (WBT) Issues FY17 Earnings Guidance
www.americanbankingnews.com - November 6 at 9:49 AM
Welbilt Inc to Host Earnings CallWelbilt Inc to Host Earnings Call
finance.yahoo.com - November 6 at 9:06 AM
Welbilt Reports Solid Third Quarter Operating ResultsWelbilt Reports Solid Third Quarter Operating Results
finance.yahoo.com - November 6 at 9:06 AM
Welbilt misses Street 3Q forecastsWelbilt misses Street 3Q forecasts
finance.yahoo.com - November 6 at 9:06 AM
Welbilt Establishes Digital as New Corporate Function and Appoints Chief Human Resources OfficerWelbilt Establishes Digital as New Corporate Function and Appoints Chief Human Resources Officer
finance.yahoo.com - November 6 at 9:06 AM
Welbilt, Inc. breached its 50 day moving average in a Bullish Manner : WBT-US : November 6, 2017Welbilt, Inc. breached its 50 day moving average in a Bullish Manner : WBT-US : November 6, 2017
finance.yahoo.com - November 6 at 9:06 AM
Financial Survey: Manitowoc Food Service (WBT) vs. Its PeersFinancial Survey: Manitowoc Food Service (WBT) vs. Its Peers
www.americanbankingnews.com - November 3 at 11:19 PM
Reviewing Manitowoc Food Service (WBT) and Its CompetitorsReviewing Manitowoc Food Service (WBT) and Its Competitors
www.americanbankingnews.com - November 1 at 2:18 PM
Manitowoc Food Service (WBT) vs. Its Competitors Financial ComparisonManitowoc Food Service (WBT) vs. Its Competitors Financial Comparison
www.americanbankingnews.com - November 1 at 1:08 PM
Welbilt to Present at 2017 Robert W. Baird Global Industrial ConferenceWelbilt to Present at 2017 Robert W. Baird Global Industrial Conference
finance.yahoo.com - November 1 at 10:42 AM
Report: Exploring Fundamental Drivers Behind Invesco, Public Storage, Bunge, NeoPhotonics, Apartment Investment, and Welbilt – New Horizons, Emerging Trends, and Upcoming DevelopmentsReport: Exploring Fundamental Drivers Behind Invesco, Public Storage, Bunge, NeoPhotonics, Apartment Investment, and Welbilt – New Horizons, Emerging Trends, and Upcoming Developments
finance.yahoo.com - October 31 at 12:05 PM
Manitowoc Food Service, Inc. (WBT) Set to Announce Earnings on MondayManitowoc Food Service, Inc. (WBT) Set to Announce Earnings on Monday
www.americanbankingnews.com - October 30 at 11:52 AM

SEC Filings

Welbilt (NYSE:WBT) SEC Filings

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Social Media

Financials

Welbilt (NYSE:WBT) Income Statement, Balance Sheet and Cash Flow Statement

Chart

Welbilt (NYSE WBT) Stock Chart for Thursday, February, 22, 2018

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This page was last updated on 2/22/2018 by MarketBeat.com Staff

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