The Middleby Corporation (NASDAQ:MIDD) Given Average Rating of "Moderate Buy" by Analysts

Key Points

• Analysts have given Middleby a consensus rating of "Moderate Buy" (6 buy, 2 hold, 1 sell) with an average 12‑month price target of $177.14.
• Middleby beat quarterly EPS estimates, reporting $2.42 versus $2.27, and set FY 2026 guidance of 9.200–9.360 EPS and Q1 2026 guidance of 1.900–2.020 EPS, while analysts expect about 9.11 EPS for the year.
• Shares opened at $132.09 (below the 50‑day average of $150.84 and a 52‑week high of $169.44), the company has a market cap of $6.23B and a P/E of -23.05, and 98.55% of the stock is held by institutions.

The Middleby Corporation (NASDAQ:MIDD - Get Free Report) has been assigned a consensus rating of "Moderate Buy" from the nine brokerages that are presently covering the firm, Marketbeat reports. One research analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and six have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $177.1429.

A number of research analysts have issued reports on the company. Wall Street Zen downgraded Middleby from a "buy" rating to a "hold" rating in a report on Saturday, March 7th. JPMorgan Chase & Co. raised their price objective on shares of Middleby from $125.00 to $140.00 and gave the stock a "neutral" rating in a research note on Wednesday, January 14th. Jefferies Financial Group reaffirmed a "buy" rating and set a $195.00 target price on shares of Middleby in a report on Tuesday. Canaccord Genuity Group set a $187.00 target price on shares of Middleby and gave the company a "buy" rating in a research note on Tuesday, February 24th. Finally, KeyCorp increased their price target on shares of Middleby from $175.00 to $190.00 and gave the stock an "overweight" rating in a report on Friday, February 27th.

Middleby Price Performance

Shares of MIDD opened at $132.09 on Friday. The business's 50-day moving average is $150.84 and its two-hundred day moving average is $140.64. The company has a market capitalization of $6.23 billion, a P/E ratio of -23.05 and a beta of 1.41. The company has a debt-to-equity ratio of 0.77, a quick ratio of 1.92 and a current ratio of 2.57. Middleby has a fifty-two week low of $110.82 and a fifty-two week high of $169.44.

Middleby (NASDAQ:MIDD - Get Free Report) last issued its quarterly earnings data on Thursday, February 26th. The industrial products company reported $2.42 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.27 by $0.15. Middleby had a positive return on equity of 14.57% and a negative net margin of 7.44%.The business had revenue of $334.59 million during the quarter, compared to analysts' expectations of $1.01 billion. During the same quarter in the previous year, the firm posted $2.88 EPS. The company's revenue for the quarter was up 4.5% on a year-over-year basis. Middleby has set its FY 2026 guidance at 9.200-9.360 EPS and its Q1 2026 guidance at 1.900-2.020 EPS. Research analysts predict that Middleby will post 9.11 earnings per share for the current year.

Institutional Investors Weigh In On Middleby

Several hedge funds have recently modified their holdings of MIDD. Torren Management LLC purchased a new position in shares of Middleby in the 4th quarter valued at about $25,000. Clearstead Advisors LLC boosted its position in Middleby by 201.8% during the fourth quarter. Clearstead Advisors LLC now owns 166 shares of the industrial products company's stock worth $25,000 after purchasing an additional 111 shares in the last quarter. Danske Bank A S acquired a new stake in Middleby in the third quarter valued at approximately $27,000. Larson Financial Group LLC grew its holdings in Middleby by 1,292.9% in the fourth quarter. Larson Financial Group LLC now owns 195 shares of the industrial products company's stock valued at $29,000 after purchasing an additional 181 shares during the period. Finally, Migdal Insurance & Financial Holdings Ltd. purchased a new stake in shares of Middleby in the second quarter valued at approximately $30,000. 98.55% of the stock is owned by hedge funds and other institutional investors.

Middleby Company Profile

Middleby Corporation is a global manufacturer and distributor of commercial foodservice and food processing equipment. The company designs, engineers and markets a wide range of cooking, baking, refrigeration, warewashing, holding and dispensing solutions. Middleby's products serve restaurants, hotels, convenience stores, institutional cafeterias, cruise ships and other foodservice operators.

The company's portfolio spans multiple well-known brands, including Blodgett ovens, TurboChef rapid‐cook ovens, Southbend ranges and broilers, Pitco fryers, and Viking residential and commercial kitchen appliances.

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