Middleby/MIDD

$142.12

-0.56%
-
1D1W1MYTD1YMAX

About Middleby

The Middleby Corporation is an engaged in designing, manufacturing and selling of commercial foodservice, food processing equipment and residential kitchen equipment. The company operates through three segments. Commercial Foodservice Equipment Group has a portfolio of foodservice equipment, which enables it to serve virtually any cooking, warming, holding, refrigeration, freezing and beverage application within a commercial kitchen or foodservice operation. Food Processing Equipment Group offers a portfolio of processing solutions for customers producing protein products, such as bacon, salami, hot dogs, dinner sausages, poultry and lunchmeats and bakery products, such as muffins, cookies, crackers, pastries, bread and buns. Residential Kitchen Equipment Group manufactures, sells and distributes kitchen equipment for the residential market. Principal product lines of this group are ranges, cookers, stoves, cooktops, microwaves, refrigerators, refrigeration, wine cellars and others.

Ticker

MIDD

Sector

Industrials

Trading on

NASDAQ

Industry

Misc. Capital Goods

CEO

Timothy Fitzgerald

Employees

5,047

Headquarters

Elgin, United States

Middleby Metrics

BasicAdvanced
$7.71B
Market cap
19.34
P/E ratio
$7.41
EPS
1.58
Beta
-
Dividend rate
$7.71B
1.57834
$161.02
$109.59
355.18K
2.31
1.21
73.245
74.624
22.134
6.04%
5.82%
13.26%
6.71%
19.342
1.909
2.364
14.222
0.09%
-6.94%
17.11%
25.39%

What the Analysts think about Middleby

Analyst Ratings

Majority rating from 8 analysts.
Buy

Price Targets

Average projection from 6 analysts.
21.02% upside
High $184.00
Low $160.00
$142.12
Current price
$172.00
Average price target

Middleby Financial Performance

Income StatementBalance sheetCash Flow

Income Statement

Revenues and expenses
7.55% profit margin
QuarterlyAnnual
Q4 23
QoQ growth
Revenue
$1.01B
2.85%
Net income
$76.2M
-29.83%
Profit margin
7.55%
-31.8%

Middleby Earnings Performance

Earnings per share (EPS)

Company profitability
Beat by 8.83%
QuarterlyAnnual
Q1 23
Q2 23
Q3 23
Q4 23
Q1 24
Actual
$2.19
$2.47
$2.35
$2.65
-
Expected
$1.95
$2.35
$2.31
$2.44
$2.08
Surprise
12.27%
5.22%
1.8%
8.83%
-
Data displayed above is indicative only and its accuracy or completeness is not guaranteed. Actual execution price may vary. Past performance is not indicative of future results. Your return may be affected by currency fluctuations and applicable fees and charges. Capital at risk.
Real time US market data is a consolidated feed of IEX, NYSE National, NYSE Chicago, Nasdaq BX and Nasdaq PSX order books provided by Polygon. Fundamental data, financials and analyst ratings are sourced from Refinitiv.

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FAQs

What’s the current market cap for Middleby stock?

Middleby (MIDD) has a market cap of $7.71B as of April 17, 2024.

What is the P/E ratio for Middleby stock?

The price to earnings (P/E) ratio for Middleby (MIDD) stock is 19.34 as of April 17, 2024.

Does Middleby stock pay dividends?

No, Middleby (MIDD) stock does not pay dividends to its shareholders as of April 17, 2024.

When is the next Middleby dividend payment date?

Middleby (MIDD) stock does not pay dividends to its shareholders.

What is the beta indicator for Middleby?

Middleby (MIDD) has a beta rating of 1.58. This means that it is more volatile than the market, on average. A beta of 1 would indicate the stock moves in-line with the market, while a beta of 2 would indicate the stock moves twice as much as the market.

What is the Middleby stock price target?

The target price for Middleby (MIDD) stock is $172, which is 21.02% above the current price of $142.12. This is an average based on projections from 6 analysts, and represents their view of what the stock price could be in 12 or 18 months. This should not be seen as investment advice - Lightyear does not carry out investment research.

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