News coverage about Welbilt (NYSE:WBT) has been trending somewhat positive recently, according to Accern Sentiment. Accern identifies negative and positive news coverage by reviewing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Welbilt earned a media sentiment score of 0.13 on Accern’s scale. Accern also assigned press coverage about the industrial products company an impact score of 45.9729053510972 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the company’s share price in the next few days.
WBT opened at $21.91 on Tuesday. Welbilt has a 12 month low of $18.34 and a 12 month high of $23.77. The company has a debt-to-equity ratio of 9.67, a quick ratio of 0.97 and a current ratio of 1.61. The company has a market capitalization of $3.07 billion, a P/E ratio of 28.45, a price-to-earnings-growth ratio of 2.48 and a beta of 1.32.
Welbilt (NYSE:WBT) last posted its earnings results on Monday, May 7th. The industrial products company reported $0.15 EPS for the quarter, beating the consensus estimate of $0.11 by $0.04. Welbilt had a return on equity of 161.21% and a net margin of 9.64%. The firm had revenue of $350.40 million for the quarter, compared to analysts’ expectations of $329.86 million. During the same period last year, the firm earned $0.08 EPS. The firm’s revenue was up 6.8% compared to the same quarter last year. research analysts expect that Welbilt will post 0.89 earnings per share for the current fiscal year.
In related news, SVP Joel H. Horn sold 1,918 shares of the firm’s stock in a transaction that occurred on Thursday, June 7th. The stock was sold at an average price of $21.05, for a total value of $40,373.90. Following the sale, the senior vice president now directly owns 2,375 shares in the company, valued at approximately $49,993.75. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. 0.37% of the stock is owned by company insiders.
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.
Receive News & Ratings for Welbilt Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Welbilt and related companies with MarketBeat.com's FREE daily email newsletter.