Equities Analysts Issue Forecasts for MFP Q3 Earnings

Key Points

• KeyCorp expects Midera Food Processing to report Q3 2026 earnings of $0.49 per share and maintains a “Sector Weight” rating. Its estimates are $2.17 EPS for FY2026 and $2.51 for FY2027.
• Analyst sentiment is generally neutral: MFP has an average “Hold” rating and a $45.00 average price target, despite Oppenheimer’s “Outperform” rating and $50 target.
• MFP shares opened at $48.44, within a 52-week range of $33.00 to $52.58. Director Robert A. Nerbonne recently bought 10,900 shares for approximately $491,000, increasing his stake by 50.77%.

Midera Food Processing (NASDAQ:MFP - Free Report) - KeyCorp issued their Q3 2026 earnings per share estimates for Midera Food Processing in a report released on Tuesday, August 25th. KeyCorp analyst J. Hammond expects that the company will post earnings of $0.49 per share for the quarter. KeyCorp currently has a "Sector Weight" rating on the stock. The consensus estimate for Midera Food Processing's current full-year earnings is $2.09 per share. KeyCorp also issued estimates for Midera Food Processing's Q4 2026 earnings at $0.74 EPS, FY2026 earnings at $2.17 EPS and FY2027 earnings at $2.51 EPS.

MFP has been the subject of a number of other reports. Oppenheimer assumed coverage on shares of Midera Food Processing in a research report on Wednesday, July 15th. They issued an "outperform" rating and a $50.00 target price for the company. Zacks Research raised shares of Midera Food Processing to a "hold" rating in a research note on Thursday, July 16th. Wall Street Zen upgraded shares of Midera Food Processing to a "hold" rating in a report on Saturday, August 1st. Finally, Robert W. Baird initiated coverage on shares of Midera Food Processing in a research note on Wednesday, July 8th. They issued a "neutral" rating and a $40.00 target price on the stock. One equities research analyst has rated the stock with a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Hold" and an average target price of $45.00.

Midera Food Processing Price Performance

Shares of MFP opened at $48.44 on Thursday. Midera Food Processing has a 52-week low of $33.00 and a 52-week high of $52.58. The company has a debt-to-equity ratio of 0.32, a quick ratio of 1.15 and a current ratio of 1.84.

Insider Activity at Midera Food Processing

In other news, Director Robert A. Nerbonne purchased 10,900 shares of the stock in a transaction dated Monday, August 17th. The shares were purchased at an average price of $45.05 per share, with a total value of $491,045.00. Following the transaction, the director owned 32,371 shares in the company, valued at $1,458,313.55. The trade was a 50.77% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Midera Food Processing Company Profile

Midera Food Processing Inc provides food processing solutions. The Company specializes in the processing of raw material preparation and production and product packaging for retail and food service applications. Midera Food Processing Inc, formerly known as MINERA FOOD PRC, is based in Rosemont, Illinois.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source