Unlock stock picks and a broker-level newsfeed that powers Wall Street.

Welbilt Inc (WBT) Files 10-K for the Fiscal Year Ended on December 31, 2018

- By insider

Welbilt Inc (WBT) files its latest 10-K with SEC for the fiscal year ended on December 31, 2018. Manitowoc Foodservice Inc operates as a foodservice equipment company serving commercial and institutional sectors. Welbilt Inc has a market cap of $2.24 billion; its shares were traded at around $15.96 with a P/E ratio of 29.55 and P/S ratio of 1.42.


For the last quarter Welbilt Inc reported a revenue of $406.1 million, compared with the revenue of $365.9 million during the same period a year ago. For the latest fiscal year the company reported a revenue of $1.6 billion, an increase of 10% from last year. For the last five years Welbilt Inc had an average revenue decline of 0.5% a year.

The reported diluted earnings per share was 53 cents for the year, a decline of 43.6% from the previous year. The Welbilt Inc had a decent operating margin of 13.99%, compared with the operating margin of 15.74% a year before. The 10-year historical median operating margin of Welbilt Inc is 12.36%. The profitability rank of the company is 4 (out of 10).

At the end of the fiscal year, Welbilt Inc has the cash and cash equivalents of $70.4 million, compared with $128.4 million in the previous year. The long term debt was $1.3 billion, compared with $1.2 billion in the previous year. The interest coverage to the debt is 2.5, which is not a favorable level. Welbilt Inc has a financial strength rank of 4 (out of 10).

At the current stock price of $15.96, Welbilt Inc is traded at 22.6% discount to its historical median P/S valuation band of $20.61. The P/S ratio of the stock is 1.42, while the historical median P/S ratio is 1.83. The stock lost 19.38% during the past 12 months.

CFO Recent Trades:

  • EVP CFO Haresh Shah sold 1,849 shares of WBT stock on 02/21/2019 at the average price of $16.06. The price of the stock has decreased by 0.62% since.

Directors and Officers Recent Trades:

  • EVP Chief Innovation Officer Richard N. Caron sold 13,000 shares of WBT stock on 02/26/2019 at the average price of $16.12. The price of the stock has decreased by 0.99% since.

  • VP, IR, Risk Mgmt, Treasurer Richard James Sheffer sold 1,511 shares of WBT stock on 02/21/2019 at the average price of $16.06. The price of the stock has decreased by 0.62% since.

  • EVP Chief Innovation Officer Richard N. Caron sold 5,672 shares of WBT stock on 02/21/2019 at the average price of $16.06. The price of the stock has decreased by 0.62% since.

  • EVP, Gen Counsel and Corp Secy Joel H. Horn sold 2,999 shares of WBT stock on 02/21/2019 at the average price of $16.06. The price of the stock has decreased by 0.62% since.

  • EVP COO Josef Matosevic sold 10,301 shares of WBT stock on 02/21/2019 at the average price of $16.06. The price of the stock has decreased by 0.62% since.