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 earnings results on Monday, November, 5th. The industrial products company reported $0.25 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.28 by $0.03. The industrial products company earned $412.90 million during the quarter, compared to analyst estimates of $421.89 million. Welbilt had a net margin of 7.56% and a return on equity of 88.66%. The firm's revenue for the quarter was up 8.5% on a year-over-year basis. During the same period last year, the company posted $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 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 brokerages have issued 12 month target prices for Welbilt's stock. Their predictions range from $16.00 to $24.00. On average, they anticipate Welbilt's stock price to reach $20.50 in the next year. This suggests a possible upside of 60.9% 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 stories about WBT stock have trended positive on Thursday, according to InfoTrie Sentiment. InfoTrie identifies negative and positive news coverage by analyzing more than six thousand news and blog sources. 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 media sentiment score of 2.3 on InfoTrie's scale. They also gave headlines about the industrial products company a news buzz of 5.0 out of 10, indicating that recent news coverage is somewhat likely to have an impact on the company's share price in the near future.

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

Welbilt's stock is owned by a number of of institutional and retail investors. Top institutional shareholders include Dudley & Shanley Inc. (1.78%), Skyline Asset Management LP (0.39%), DNB Asset Management AS (0.13%), Fox Run Management L.L.C. (0.01%) and Virtu Financial LLC (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 bought by a variety of institutional investors in the last quarter, including Dudley & Shanley Inc., Skyline Asset Management LP, Fox Run Management L.L.C. and Virtu Financial LLC. 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 $12.74.

Welbilt has a market capitalization of $1.77 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]