Welbilt (NYSE:WBT) will release its earnings data before the market opens on Tuesday, February 19th. Analysts expect Welbilt to post earnings of $0.18 per share for the quarter. Persons that are interested in participating in the company’s earnings conference call can do so using this link.
Shares of WBT stock opened at $14.44 on Tuesday. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 18.75 and a beta of 1.74. The company has a debt-to-equity ratio of 8.23, a current ratio of 1.36 and a quick ratio of 0.74. Welbilt has a 12 month low of $10.66 and a 12 month high of $23.85.
Several analysts have recently issued reports on the stock. ValuEngine upgraded shares of Welbilt from a “strong sell” rating to a “sell” rating in a research note on Thursday, January 31st. Zacks Investment Research upgraded shares of Welbilt from a “sell” rating to a “hold” rating in a research note on Saturday, January 19th. Longbow Research set a $16.00 target price on shares of Welbilt and gave the stock a “buy” rating in a research note on Monday, January 14th. William Blair reiterated a “buy” rating on shares of Welbilt in a research note on Friday, January 11th. Finally, Barclays set a $19.00 target price on shares of Welbilt and gave the stock a “buy” rating in a research note on Tuesday, November 6th. One analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company’s stock. Welbilt has a consensus rating of “Buy” and a consensus target price of $21.11.
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Welbilt Company Profile
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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