The Middleby Corporation (NASDAQ:MIDD) Given Consensus Recommendation of "Moderate Buy" by Analysts

Key Points

• Analysts give Middleby a consensus "Moderate Buy" rating from nine firms — 6 buys, 2 holds and 1 sell — with an average 12‑month target of $178.57.
• Middleby beat quarterly EPS estimates ($2.42 vs. $2.27), provided FY2026 guidance of 9.20–9.36 EPS (sell‑side forecast ~9.23), and the stock trades near $142.74 with a market cap of $6.65 billion and a 52‑week range of $110.82–$169.44.

The Middleby Corporation (NASDAQ:MIDD - Get Free Report) has been given a consensus recommendation of "Moderate Buy" by the nine ratings firms that are covering the firm, Marketbeat.com 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 target price among brokerages that have covered the stock in the last year is $178.5714.

MIDD has been the topic of several analyst reports. Zacks Research downgraded Middleby from a "strong-buy" rating to a "hold" rating in a research report on Monday, January 26th. Jefferies Financial Group reissued a "buy" rating and set a $195.00 target price on shares of Middleby in a research report on Tuesday, March 31st. JPMorgan Chase & Co. cut their target price on Middleby from $180.00 to $150.00 and set a "neutral" rating on the stock in a research report on Friday, April 10th. Robert W. Baird boosted their price objective on Middleby from $159.00 to $197.00 and gave the company an "outperform" rating in a report on Friday, February 27th. Finally, Canaccord Genuity Group set a $187.00 price objective on Middleby and gave the company a "buy" rating in a report on Tuesday, February 24th.

Hedge Funds Weigh In On Middleby

Large investors have recently bought and sold shares of the business. Torren Management LLC purchased a new position in Middleby during the 4th quarter valued at $25,000. Clearstead Advisors LLC boosted its holdings in Middleby by 201.8% during the 4th quarter. Clearstead Advisors LLC now owns 166 shares of the industrial products company's stock valued at $25,000 after acquiring an additional 111 shares during the period. Larson Financial Group LLC boosted its holdings in Middleby by 1,292.9% during the 4th quarter. Larson Financial Group LLC now owns 195 shares of the industrial products company's stock valued at $29,000 after acquiring an additional 181 shares during the period. Danske Bank A S purchased a new position in Middleby during the 3rd quarter valued at $27,000. Finally, TFC Financial Management Inc. boosted its holdings in Middleby by 23,000.0% during the 3rd quarter. TFC Financial Management Inc. now owns 231 shares of the industrial products company's stock valued at $31,000 after acquiring an additional 230 shares during the period. Hedge funds and other institutional investors own 98.55% of the company's stock.

Middleby Stock Performance

NASDAQ MIDD opened at $142.74 on Tuesday. The company has a market cap of $6.65 billion, a P/E ratio of -24.91 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. The business's 50 day moving average price is $146.01 and its 200-day moving average price is $141.51. 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 released its earnings results on Thursday, February 26th. The industrial products company reported $2.42 earnings per share for the quarter, beating the consensus estimate of $2.27 by $0.15. The firm had revenue of $334.59 million for the quarter, compared to the consensus estimate of $1.01 billion. Middleby had a positive return on equity of 14.57% and a negative net margin of 7.44%.The company's revenue for the quarter was up 4.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.88 EPS. Middleby has set its FY 2026 guidance at 9.200-9.360 EPS and its Q1 2026 guidance at 1.900-2.020 EPS. Sell-side analysts predict that Middleby will post 9.23 earnings per share for the current year.

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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