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Welbilt, Inc. WBT

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Price alert · WBT

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24.01 +24.01 —

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Open
—
Prev close
0.00
Mkt cap
3.44B
Vol
0
Avg vol
0
EPS
0.00
P/E
0.00
Div yield
0.00%
More statistics
Low
—
High
—
Forward P/E
18.33
Beta
1.92
Short ratio
6.26
Inst. own
90.97%
Dividend
0.00
Ex-div date
Earnings
Aug 2, 2022
50-d avg
23.77
200-d avg
23.71
1y target
24.00

2Y chart

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Key statistics

Market cap
3.44B
Enterprise value
4.82B
Trailing P/E
47.08
Forward P/E
18.33
PEG ratio
0.29
Price / sales
2.11
Price / book
9.31
EPS (TTM)
0.51
Beta
1.92
Dividend yield
0.00%
Payout ratio
0.00%
Profit margin
4.01%
Revenue (TTM)
1.63B
Revenue growth
31.50%
Free cash flow
-408.99M
Total cash
108.30M
Total debt
1.49B
Return on equity
22.85%
Shares outstanding
143.18M
Short % of float
10.57%
50-day average
23.77
200-day average
23.71

Analyst view

Consensus: hold

Hold
Price target (mean) 24.00
Ratings (0m) 8 4 buy · 4 hold · 0 sell
  • Strong buy2
  • Buy2
  • Hold4
  • Sell0
  • Strong sell0

Next earnings

Aug 2, 2022

Expected Aug 2, 2022. Consensus EPS estimate 0.21.

Earnings history

Financials — quick view

All financials
WBT Revenue — quarterly 333.00M
2018-Q2 20182018-Q3 20182018-Q4 20182019-Q1 20192019-Q2 20192019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 2022
WBT Net income — quarterly 2.90M
2018-Q2 20182018-Q3 20182018-Q4 20182019-Q1 20192019-Q2 20192019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 2022
WBT EPS — quarterly 0.02
2018-Q2 20182018-Q3 20182018-Q4 20182019-Q1 20192019-Q2 20192019-Q3 20192019-Q4 20192020-Q1 20202020-Q2 20202020-Q3 20202020-Q4 20202021-Q1 20212021-Q2 20212021-Q3 20212021-Q4 20212022-Q1 2022

Earnings

WBT recent earnings
Report dateQuarter endingEPS estimateEPS reportedSurpriseSurprise %
Aug 2, 2022Jun 1, 20220.00———
May 10, 2022Mar 1, 20220.12———
Feb 28, 2022Dec 1, 20210.21———
Nov 2, 2021Sep 1, 20210.15———
Aug 3, 2021Jun 1, 20210.12———
May 6, 2021Mar 1, 20210.03———

Upgrades / downgrades

WBT analyst upgrades and downgrades
DateFirmActionFromTo
Jul 15, 2021BarclaysdownOverweightEqual-Weight
Jul 2, 2021CL KingdownBuyNeutral
Jun 22, 2021BairddownOutperformNeutral
Jun 2, 2021Citigroupmain—Neutral
May 10, 2021BMO Capitalmain—Market Perform
Apr 22, 2021KeybancdownOverweightSector Weight

About Welbilt, Inc.

Welbilt, Inc., designs, manufactures, and supplies foodservice equipment for commercial foodservice market worldwide. The company offers commercial upright and undercounter refrigerators and freezers, blast freezers and chillers, and cook-chill systems under the Delfield brand; and walk-in refrigerators, coolers and freezers, and prefabricated cooler and freezer panels under the Kolpak brand. It also provides traditional, combination, convection, conveyor, and rapid-cooking ovens, and range and grill products under the Convotherm, Garland, Lincoln, Merrychef brands, and other brand names; fryers and frying systems under the Frymaster brand; and steam equipment under the Cleveland brand. In addition, the company offers a range of cafeteria and buffet equipment stations, bins, boxes, warming cabinets, warmers, display and deli cases, insulated and refrigerated salad, and food bars under the Delfield, Merco, and other brand names; beverage dispensers, blended ice machines, ice/beverage dispensers, beer coolers, post-mix dispensing valves, backroom equipment, and support system components and related equipment; ice machines under the Manitowoc and other brand names; coffee equipment under the Crem brand name; and other beverage-related products under the Multiplex and Manitowoc brand names. Further, it provides after-market parts, installation and start-up, and preventative maintenance services under the KitchenCare brand; kitchen systems under the FitKitchen brand; and KitchenConnect, a cloud-based application. It supplies its products to full-service restaurants, quick-service restaurant chains, hotels, resorts, cruise ships, caterers, supermarkets, convenience stores, hospitals, schools, and other institutions through dealers and distributors. The company was formerly known as Manitowoc Foodservice, Inc. and changed its name to Welbilt, Inc. in February 2017. Welbilt, Inc. was founded in 1864 and is headquartered in New Port Richey, Florida.

Sector
Industrials
Industry
Specialty Industrial Machinery
Country
United States
Website
welbilt.com

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Insider holders

WBT insider holders
InsiderRelationLatest transactionDateShares held
AGARD MARTIN DChief Financial OfficerStock Award(Grant)Feb 16, 202289,228
BIANCO DINO JOEDirectorStock Award(Grant)Feb 16, 202253,115
CHOW JOAN KAIDirectorStock Award(Grant)Feb 16, 202265,137
EGNOTOVICH CYNTHIA MDirectorStock Award(Grant)Feb 16, 2022162,678
FIELDS JANICE LDirectorStock Award(Grant)Feb 16, 202248,313
GAMACHE BRIAN RDirectorStock Award(Grant)Feb 16, 202249,082

Institution ownership

WBT institution ownership
Holder% heldSharesValueReported
Vanguard Group, Inc. (The)8.29%11,870,493285.01MMar 30, 2022
Icahn, Carl, C.7.79%11,150,368267.72MMar 30, 2022
Blackrock Inc.6.17%8,829,836212.00MMar 30, 2022
Magnetar Financial LLC4.53%6,488,059155.78MMar 30, 2022
Millennium Management LLC3.69%5,289,459127.00MMar 30, 2022
Versor Investments, LP3.03%4,331,567104.00MMar 30, 2022

Fund ownership

WBT fund ownership
Holder% heldSharesValueReported
Vanguard Total Stock Market Index Fund2.62%3,746,35489.95MMar 30, 2022
Vanguard Small-Cap Index Fund2.25%3,215,65777.21MMar 30, 2022
iShares Russell 2000 ETF2.07%2,966,77771.23MJun 29, 2022
Arbitrage Fund1.56%2,236,43553.70MMay 30, 2022
Vanguard Small-Cap Growth Index Fund1.35%1,937,73046.52MMar 30, 2022
Vanguard Extended Market Index Fund1.19%1,706,17040.97MMar 30, 2022
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