CL King: Welbilt (WBT) Coverage Initiated.

June 29, 2018 - By Robert Case

What’s CL King’s Current Rate of Welbilt (WBT)

Octafinance.com reports Neutral rating of WBT stock given by CL King’s analysts. On Thursday morning, a coverage initiated with Welbilt (WBT).

Welbilt, Inc. (NYSE:WBT) Ratings Coverage

Total analysts of 6 have positions in Welbilt (WBT) as follows: 4 rated it a “Buy”, 0 with “Sell” and 2 with “Hold”. The positive are 67%. Since February 14, 2018 according to StockzIntelligence Inc Welbilt has 8 analyst reports. On Tuesday, February 27 the rating was maintained by Seaport Global with “Buy”. On Monday, March 5 the rating was maintained by Citigroup with “Neutral”. On Thursday, May 24 the firm has “Buy” rating by Buckingham Research given. In Tuesday, February 27 report Susquehanna maintained the stock with “Buy” rating. The stock rating was upgraded by Longbow to “Buy” on Wednesday, April 18. The company rating was maintained by Citigroup on Friday, June 8.

The stock decreased 0.18% or $0.04 during the last trading session, hitting $22.29.Welbilt, Inc. has volume of 231,600 shares. Since June 29, 2017 WBT has risen 2.53% and is uptrending. WBT underperformed the S&P 500 by 10.04%.

Welbilt, Inc. (NYSE:WBT) is awaited to announce earnings on August, 8., according to Zacks. Analysts predict $0.18 EPS, which is $0.04 down or 18.18 % from 2017’s $0.22 EPS. If $0.18 is reported, WBT’s profit will reach $25.19M for 30.96 P/E. After $0.15 EPS was revealed previous quarter, analysts now see EPS growth of 20.00 % for Welbilt, Inc..

Welbilt, Inc. designs, manufactures, and services hot and cold category commercial foodservice equipment worldwide.The firm is valued at $3.12 billion. The firm offers commercial upright and undercounter refrigerators and freezers, blast freezers, blast chillers, cook-chill systems, modular and fully assembled walk-in refrigerators, coolers and freezers, and prefabricated cooler and freezer panels.22.31 is the P/E ratio. It also provides ranges, griddles, grills, combi ovens, convection ovens, conveyor ovens, induction cookers, broilers, tilt fry pans/kettles/skillets, braising pans, cheese melters/salamanders, cook stations, table top and countertop cooking/frying systems, fryers, steam jacketed kettles, and steamers.

There’s an important Welbilt, Inc. (NYSE:WBT) news published by Benzinga.com. It’s an item titled: “Benzinga’s Top Upgrades, Downgrades For June 28, 2018” on June 28, 2018.

Welbilt, Inc. (NYSE:WBT) Analyst Ratings Chart

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