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NYSE:WBTWelbilt Stock Price, Forecast & News

$5.41
-0.36 (-6.24 %)
(As of 07/7/2020 04:00 PM ET)
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Today's Range
$5.39
Now: $5.41
$5.74
50-Day Range
$5.22
MA: $6.20
$8.36
52-Week Range
$3.17
Now: $5.41
$19.81
Volume833,700 shs
Average Volume2.03 million shs
Market Capitalization$765.51 million
P/E Ratio18.03
Dividend YieldN/A
Beta1.94
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.
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Welbilt logo

Beat the Market (BTM) Rank

Analyst Opinion: 3.3Community Rank: 2.4Dividend Strength: 0.0Insider Behavior: 1.0Valuation: 1.3 5 -4 -3 -2 -1 -

Overall Beat the Market Rank

1.59 out of 5 stars


Industry, Sector and Symbol

Industry Refrigeration & service industry machinery
Sub-IndustryN/A
CUSIPN/A
Phone727-375-7010

Debt

Price-To-Earnings

Sales & Book Value

Annual Sales$1.59 billion
Cash Flow$1.08 per share
Book Value$1.79 per share

Profitability

Net Income$55.90 million

Miscellaneous

Employees5,100
Market Cap$765.51 million
Next Earnings Date8/4/2020 (Estimated)
OptionableOptionable

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Welbilt (NYSE:WBT) Frequently Asked Questions

How has Welbilt's stock been impacted by COVID-19 (Coronavirus)?

Welbilt's stock was trading at $8.48 on March 11th, 2020 when COVID-19 reached pandemic status according to the World Health Organization. Since then, WBT shares have decreased by 36.2% and is now trading at $5.41. View which stocks have been most impacted by Coronavirus.

Do Wall Street analysts recommend investors buy shares of Welbilt?

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Welbilt in the last year. There are currently 2 hold ratings and 3 buy ratings for the stock, resulting in a consensus recommendation of "Buy." View analyst ratings for Welbilt.

When is Welbilt's next earnings date?

Welbilt is scheduled to release its next quarterly earnings announcement on Tuesday, August 4th 2020. View our earnings forecast for Welbilt.

How were Welbilt's earnings last quarter?

Welbilt, Inc (NYSE:WBT) issued its quarterly earnings results on Tuesday, May, 5th. The industrial products company reported $0.01 EPS for the quarter, hitting the Thomson Reuters' consensus estimate of $0.01. The industrial products company earned $328.90 million during the quarter, compared to the consensus estimate of $323.10 million. Welbilt had a net margin of 2.80% and a return on equity of 39.54%. The firm's quarterly revenue was down 12.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.05 earnings per share. View Welbilt's earnings history.

What price target have analysts set for WBT?

5 analysts have issued 12-month price objectives for Welbilt's stock. Their forecasts range from $8.00 to $20.00. On average, they anticipate Welbilt's stock price to reach $13.80 in the next twelve months. This suggests a possible upside of 155.1% from the stock's current price. View analysts' price targets for Welbilt.

Has Welbilt been receiving favorable news coverage?

Media headlines about WBT stock have been trending negative on Wednesday, InfoTrie Sentiment Analysis reports. The research group ranks the sentiment of news coverage by reviewing more than six thousand blog and news sources. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores closest to five being the most favorable. Welbilt earned a coverage optimism score of -2.1 on InfoTrie's scale. They also assigned headlines about the industrial products company a news buzz of 0.0 out of 10, meaning that recent news coverage is extremely unlikely to have an impact on the company's share price in the immediate future. View the latest news about Welbilt.

Are investors shorting Welbilt?

Welbilt saw a decrease in short interest in the month of June. As of June 30th, there was short interest totaling 6,800,000 shares, a decrease of 21.0% from the June 15th total of 8,610,000 shares. Based on an average daily volume of 2,230,000 shares, the days-to-cover ratio is presently 3.0 days. Currently, 4.8% of the shares of the stock are sold short. 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), Coty (COTY), Carnival (CCL), Energy Transfer LP Unit (ET), Ring Energy (REI), Ring Energy (REI), United Continental (UAL) and American Airlines Group (AAL).

Who are Welbilt's key executives?

Welbilt's management team includes the following 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)

What is Welbilt's stock symbol?

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

Who are Welbilt's major shareholders?

Welbilt's stock is owned by a variety of institutional and retail investors. Top institutional investors include Skyline Asset Management LP (0.71%). Company insiders that own Welbilt stock include Haresh Shah, Jamie E Palm, Jennifer Gudenkauf, Joel H Horn, Josef Matosevic, Richard James Sheffer, Richard N Caron and William Johnson. View institutional ownership trends for Welbilt.

Which institutional investors are buying Welbilt stock?

WBT stock was acquired by a variety of institutional investors in the last quarter, including Skyline Asset Management LP. Company insiders that have bought Welbilt stock in the last two years include Haresh Shah, Jennifer Gudenkauf, Richard James Sheffer, and William Johnson. View insider buying and selling activity 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 $5.41.

How big of a company is Welbilt?

Welbilt has a market capitalization of $765.51 million and generates $1.59 billion in revenue each year. The industrial products company earns $55.90 million in net income (profit) each year or $0.68 on an earnings per share basis. Welbilt employs 5,100 workers across the globe.

What is Welbilt's official website?

The official website for Welbilt is 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]

This page was last updated on 7/8/2020 by MarketBeat.com Staff

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