Log in

NYSE:WBT - Welbilt Stock Price, Forecast & News

$12.97
-0.28 (-2.11 %)
(As of 02/28/2020 01:55 AM ET)
Today's Range
$12.83
Now: $12.97
$13.55
50-Day Range
$12.97
MA: $14.74
$15.51
52-Week Range
$12.67
Now: $12.97
$19.81
Volume2.14 million shs
Average Volume1.12 million shs
Market Capitalization$1.83 billion
P/E Ratio33.26
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$1.19 per share
Book Value$1.33 per share

Profitability

Net Income$78.20 million

Miscellaneous

Employees5,500
Market Cap$1.83 billion
Next Earnings Date5/5/2020 (Estimated)
OptionableOptionable

Receive WBT News and Ratings via Email

Sign-up to receive the latest news and ratings for WBT and its competitors with MarketBeat's FREE daily newsletter.


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) issued its quarterly earnings results on Tuesday, February, 25th. The industrial products company reported $0.19 EPS for the quarter, topping the consensus estimate of $0.17 by $0.02. The industrial products company earned $381.80 million during the quarter, compared to analyst estimates of $400.51 million. Welbilt had a net margin of 3.51% and a return on equity of 45.66%. The firm's revenue was down 6.0% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.18 EPS. 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 Wall Street analysts have issued 1 year price targets for Welbilt's shares. Their forecasts range from $14.00 to $20.00. On average, they expect Welbilt's stock price to reach $18.00 in the next twelve months. This suggests a possible upside of 38.8% 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 trended very negative this week, according to InfoTrie Sentiment Analysis. InfoTrie identifies negative and positive press coverage by monitoring more than six thousand news and blog sources in real-time. 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 daily sentiment score of -3.2 on InfoTrie's scale. They also assigned media coverage about the industrial products company a news buzz of 4.0 out of 10, meaning that recent press coverage is somewhat unlikely to have an impact on the stock's share price in the near term. 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 short-interest ratio is presently 10.6 days. Currently, 9.0% of the shares of the company 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), 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 investors 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 major 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 major investors are buying Welbilt stock?

WBT stock was purchased 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 $12.97.

How big of a company is Welbilt?

Welbilt has a market capitalization of $1.83 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

Featured Article: What is a Swap?

Enter your email address below to receive a concise daily summary of analysts' upgrades, downgrades and new coverage with MarketBeat.com's FREE daily email newsletter.

Yahoo Gemini Pixel