Middleby (MIDD) Competitors

$137.51
-1.46 (-1.05%)
(As of 05/1/2024 ET)

MIDD vs. TNC, SXI, MSA, SITE, GPK, AIT, RBC, DCI, AGCO, and ATKR

Should you be buying Middleby stock or one of its competitors? The main competitors of Middleby include Tennant (TNC), Standex International (SXI), MSA Safety (MSA), SiteOne Landscape Supply (SITE), Graphic Packaging (GPK), Applied Industrial Technologies (AIT), RBC Bearings (RBC), Donaldson (DCI), AGCO (AGCO), and Atkore (ATKR). These companies are all part of the "industrial products" sector.

Middleby vs.

Tennant (NYSE:TNC) and Middleby (NASDAQ:MIDD) are both mid-cap industrial products companies, but which is the better business? We will contrast the two businesses based on the strength of their risk, media sentiment, profitability, analyst recommendations, institutional ownership, earnings, valuation, dividends and community ranking.

Tennant presently has a consensus target price of $106.00, indicating a potential downside of 7.61%. Middleby has a consensus target price of $159.38, indicating a potential upside of 15.90%. Given Tennant's higher possible upside, analysts plainly believe Middleby is more favorable than Tennant.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Tennant
0 Sell rating(s)
0 Hold rating(s)
2 Buy rating(s)
0 Strong Buy rating(s)
3.00
Middleby
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86

Middleby received 46 more outperform votes than Tennant when rated by MarketBeat users. However, 62.02% of users gave Tennant an outperform vote while only 59.17% of users gave Middleby an outperform vote.

CompanyUnderperformOutperform
TennantOutperform Votes
325
62.02%
Underperform Votes
199
37.98%
MiddlebyOutperform Votes
371
59.17%
Underperform Votes
256
40.83%

Middleby has higher revenue and earnings than Tennant. Middleby is trading at a lower price-to-earnings ratio than Tennant, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Tennant$1.24B1.75$109.50M$5.8319.68
Middleby$4.04B1.83$400.88M$7.4118.56

93.3% of Tennant shares are owned by institutional investors. Comparatively, 98.6% of Middleby shares are owned by institutional investors. 2.4% of Tennant shares are owned by company insiders. Comparatively, 1.2% of Middleby shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

In the previous week, Tennant had 18 more articles in the media than Middleby. MarketBeat recorded 21 mentions for Tennant and 3 mentions for Middleby. Middleby's average media sentiment score of 0.34 beat Tennant's score of -0.25 indicating that Tennant is being referred to more favorably in the media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Tennant
3 Very Positive mention(s)
7 Positive mention(s)
11 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Middleby
0 Very Positive mention(s)
0 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

Middleby has a net margin of 9.93% compared to Middleby's net margin of 8.81%. Middleby's return on equity of 23.07% beat Tennant's return on equity.

Company Net Margins Return on Equity Return on Assets
Tennant8.81% 23.07% 11.27%
Middleby 9.93%16.99%7.47%

Tennant has a beta of 1.1, meaning that its stock price is 10% more volatile than the S&P 500. Comparatively, Middleby has a beta of 1.56, meaning that its stock price is 56% more volatile than the S&P 500.

Summary

Middleby beats Tennant on 10 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding MIDD and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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MIDD vs. The Competition

MetricMiddlebyRefrigeration & service industry machinery IndustryIndustrial SectorNASDAQ Exchange
Market Cap$7.37B$3.87B$9.62B$7.43B
Dividend YieldN/A0.82%1.99%3.95%
P/E Ratio18.5617.7322.2518.82
Price / Sales1.832.128.5489.93
Price / Cash11.6614.4619.0335.52
Price / Book2.273.133.934.27
Net Income$400.88M$216.46M$486.97M$214.19M
7 Day Performance-4.96%-1.86%-2.46%0.54%
1 Month Performance-13.26%-6.45%-6.16%-4.96%
1 Year Performance-3.80%26.16%6.65%6.45%

Middleby Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
TNC
Tennant
4.2049 of 5 stars
$118.67
+3.0%
$106.00
-10.7%
+52.2%$2.26B$1.24B20.364,457Upcoming Earnings
SXI
Standex International
4.1799 of 5 stars
$172.53
+2.0%
$195.00
+13.0%
+40.8%$2.05B$741.05M14.853,800Upcoming Earnings
Dividend Announcement
News Coverage
MSA
MSA Safety
4.1759 of 5 stars
$190.04
+1.2%
$189.50
-0.3%
+39.0%$7.47B$1.79B131.065,100Earnings Report
News Coverage
SITE
SiteOne Landscape Supply
1.4365 of 5 stars
$162.55
+3.5%
$172.88
+6.4%
+6.2%$7.35B$4.30B43.008,230News Coverage
Gap Down
GPK
Graphic Packaging
3.6561 of 5 stars
$27.07
-1.2%
$28.44
+5.1%
+4.8%$8.32B$9.43B11.5223,500Earnings Report
News Coverage
Positive News
AIT
Applied Industrial Technologies
4.2719 of 5 stars
$186.31
+1.5%
$201.00
+7.9%
+35.1%$7.20B$4.46B19.556,200Earnings Report
Dividend Announcement
RBC
RBC Bearings
1.5113 of 5 stars
$245.92
+0.7%
$275.86
+12.2%
+7.7%$6.93B$1.47B41.123,670News Coverage
DCI
Donaldson
3.7823 of 5 stars
$72.45
+0.6%
$67.50
-6.8%
+13.6%$8.72B$3.43B23.6013,000Short Interest ↓
AGCO
AGCO
4.4901 of 5 stars
$117.45
-1.4%
$150.50
+28.1%
-7.9%$8.76B$14.41B7.5127,900Upcoming Earnings
Dividend Announcement
Short Interest ↑
ATKR
Atkore
0.9631 of 5 stars
$179.94
+3.7%
$191.00
+6.1%
+38.7%$6.62B$3.52B10.795,600Upcoming Earnings
Short Interest ↑

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This page (NASDAQ:MIDD) was last updated on 5/1/2024 by MarketBeat.com Staff

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