The Middleby Corporation Company Profile (NASDAQ:MIDD)

About The Middleby Corporation

The Middleby Corporation logoThe Middleby Corporation (Middleby) is engaged in the design, manufacture and sale of commercial foodservice, food processing equipment and residential kitchen equipment. The Company operates in three segments: the Commercial Foodservice Equipment Group, the Food Processing Equipment Group and the Residential Kitchen Equipment Group. The Company's Commercial Foodservice Equipment Group segment has a portfolio of cooking and warming equipment, which serves cooking or warming application within a commercial kitchen or foodservice operation. The Company's Food Processing Equipment Group segment offers a range of processing solutions for customers producing pre-cooked meat products, such as hot dogs, dinner sausages, poultry and lunchmeats and baked goods, such as muffins, cookies and bread. The Company's Residential Kitchen Equipment Group segment manufactures, sells and distributes kitchen equipment for the residential market. The Company's subsidiary is Middleby Marshall Inc.

Industry, Sector and Symbol:
  • Sector: Industrial Products
  • Industry: Diversified Machinery
  • Sub-Industry: Industrial Machinery
  • Exchange: NASDAQ
  • Symbol: MIDD
  • CUSIP: 59627810
Key Metrics:
  • Previous Close: $137.97
  • 50 Day Moving Average: $134.59
  • 200 Day Moving Average: $128.19
  • 52-Week Range: $83.81 - $143.60
  • Trailing P/E Ratio: 31.07
  • Foreward P/E Ratio: 24.81
  • P/E Growth: 1.47
  • Market Cap: $7.94B
  • Outstanding Shares: 57,539,000
  • Beta: 1.56
  • Net Margins: 11.50%
  • Return on Equity: 21.83%
  • Return on Assets: 9.63%
  • Debt-to-Equity Ratio: 0.61%
  • Current Ratio: 1.71%
  • Quick Ratio: 0.92%
Additional Links:
Companies Related to The Middleby Corporation:

Analyst Ratings

Consensus Ratings for The Middleby Corporation (NASDAQ:MIDD) (?)
Ratings Breakdown: 4 Hold Ratings, 2 Buy Ratings
Consensus Rating:Hold (Score: 2.33)
Consensus Price Target: $136.50 (1.07% downside)

Analysts' Ratings History for The Middleby Corporation (NASDAQ:MIDD)
DateFirmActionRatingPrice TargetDetails
2/13/2017KeyCorpInitiated CoverageOverweight$157.00View Rating Details
1/4/2017William BlairReiterated RatingMarket PerformView Rating Details
12/15/2016MacquarieDowngradeOutperform -> Neutral$155.00 -> $150.00View Rating Details
9/9/2016Wellington ShieldsUpgradeHold -> AccumulateView Rating Details
9/6/2016Deutsche Bank AGInitiated CoverageHold$123.00View Rating Details
3/3/2016Robert W. BairdLower Price TargetOutperform$120.00 -> $116.00View Rating Details
1/14/2016Roth CapitalReiterated RatingBuyView Rating Details
11/18/2015BMO Capital MarketsUpgradeMarket Perform -> Outperform$120.00View Rating Details
(Data available from 2/22/2015 forward)


Earnings History for The Middleby Corporation (NASDAQ:MIDD)
DateQuarterConsensus EstimateActual EPSRevenue EstimateActual RevenueRelease LinkConference CallDetails
5/11/2016Q116$0.84$0.96$515.56 million$516.36 millionViewListenView Earnings Details
3/1/2016Q4$0.97$0.88$544.90 million$534.70 millionViewListenView Earnings Details
11/10/2015Q315$1.06$0.86$446.45 millionViewListenView Earnings Details
8/12/2015Q2$1.00$1.02$466.13 million$436.30 millionViewListenView Earnings Details
5/13/2015Q115$0.71$0.80$413.76 million$406.60 millionViewListenView Earnings Details
11/5/2014Q314$0.86$1.05$411.40 million$404.29 millionViewListenView Earnings Details
8/7/2014Q214$0.75$0.85$407.98 million$424.78 millionViewListenView Earnings Details
5/8/2014Q1$2.07$1.78ViewListenView Earnings Details
11/6/2013Q313$1.97$2.18$348.65 million$360.01 millionViewListenView Earnings Details
8/8/2013Q2 2013$1.78$2.00$349.92 million$363.80 millionViewListenView Earnings Details
2/26/2013Q4 2012$1.80$2.03$283.52 million$291.61 millionViewListenView Earnings Details
11/6/2012Q312$1.53$1.60$257.38 million$257.70 millionViewN/AView Earnings Details
8/8/2012$1.44$1.67ViewN/AView Earnings Details
3/9/2012$1.29$1.87ViewN/AView Earnings Details
11/8/2011$1.19$1.26ViewN/AView Earnings Details
5/12/2011$0.97$0.97ViewN/AView Earnings Details
(Data available from 1/1/2011 forward)


Earnings Estimates for The Middleby Corporation (NASDAQ:MIDD)
Current Year EPS Consensus Estimate: $4.85 EPS
Next Year EPS Consensus Estimate: $5.56 EPS
QuarterNumber of EstimatesLow EstimateHigh EstimateAverage Estimate
Q1 20162$0.83$0.85$0.84
Q2 20162$1.09$1.10$1.10
Q3 20162$1.20$1.25$1.23
Q4 20164$1.28$1.36$1.31
Q1 20171$1.17$1.17$1.17
Q2 20171$1.48$1.48$1.48
Q3 20171$1.50$1.50$1.50
Q4 20171$1.45$1.45$1.45
(Data provided by Zacks Investment Research)


Dividend History for The Middleby Corporation (NASDAQ:MIDD)
No dividend announcements for this company have been tracked by

Insider Trades

Insider Trading History for The Middleby Corporation (NASDAQ:MIDD)
Insider Ownership Percentage: 2.00%
Institutional Ownership Percentage: 94.69%
Transaction DateInsider NameTitleBuy/SellNumber of SharesAverage Share PriceTotal TransactionDetails
12/12/2016Philip G PutnamDirectorSell2,500$139.58$348,950.00View SEC Filing  
11/23/2016Robert B LambDirectorSell3,422$135.83$464,810.26View SEC Filing  
3/18/2016Gordon ObrienDirectorSell10,500$102.70$1,078,350.00View SEC Filing  
3/11/2016John R Miller IIIDirectorSell10,000$102.51$1,025,100.00View SEC Filing  
3/7/2016John R Miller IIIDirectorSell10,000$101.11$1,011,100.00View SEC Filing  
5/21/2015Selim A BassoulCEOSell10,000$111.73$1,117,300.00View SEC Filing  
5/20/2015Selim A BassoulCEOSell5,337$109.70$585,468.90View SEC Filing  
2/25/2015Selim A BassoulCEOSell8,340$109.40$912,396.00View SEC Filing  
2/18/2015Selim A BassoulCEOSell4,567$104.82$478,712.94View SEC Filing  
2/13/2015Selim A BassoulCEOSell36,281$105.05$3,811,319.05View SEC Filing  
2/12/2015Selim A BassoulCEOSell21,281$103.22$2,196,624.82View SEC Filing  
2/11/2015Selim A BassoulCEOSell44,290$101.89$4,512,708.10View SEC Filing  
1/2/2015Selim A BassoulCEOSell16,125$100.02$1,612,822.50View SEC Filing  
9/11/2013David BrewerCOOSell3,000$204.25$612,750.00View SEC Filing  
9/11/2013Timothy John FitzgeraldCFOSell61,399$193.52$11,881,934.48View SEC Filing  
9/4/2013Selim A BassoulCEOSell3,874$191.89$743,381.86View SEC Filing  
8/26/2013Selim BassoulCEOSell7,200$190.29$1,370,088.00View SEC Filing  
8/23/2013Selim BassoulCEOSell7,605$191.47$1,456,129.35View SEC Filing  
8/22/2013Selim BassoulCEOSell1,979$192.42$380,799.18View SEC Filing  
8/21/2013Selim BassoulCEOSell4,992$191.43$955,618.56View SEC Filing  
8/20/2013Selim BassoulCEOSell5,724$191.75$1,097,577.00View SEC Filing  
8/19/2013Selim BassoulCEOSell5,645$190.62$1,076,049.90View SEC Filing  
8/16/2013Selim BassoulCEOSell11,295$190.09$2,147,066.55View SEC Filing  
8/15/2013Selim BassoulCEOSell16,567$193.10$3,199,087.70View SEC Filing  
8/14/2013Selim BassoulCEOSell15,320$201.28$3,083,609.60View SEC Filing  
8/13/2013Selim BassoulCEOSell30,752$205.32$6,314,000.64View SEC Filing  
8/12/2013Selim BassoulCEOSell43,464$203.21$8,832,319.44View SEC Filing  
7/11/2013Selim A BassoulCEOSell18,350$178.33$3,272,355.50View SEC Filing  
7/9/2013Selim A BassoulCEOSell15,134$182.11$2,756,052.74View SEC Filing  
7/8/2013Selim A BassoulCEOSell8,139$180.37$1,468,031.43View SEC Filing  
7/5/2013Selim A BassoulCEOSell15,325$176.48$2,704,556.00View SEC Filing  
7/2/2013Selim A BassoulCEOSell7,932$174.72$1,385,879.04View SEC Filing  
7/1/2013Selim A BassoulCEOSell7,014$172.78$1,211,878.92View SEC Filing  
6/28/2013Selim A BassoulCEOSell5,101$172.11$877,933.11View SEC Filing  
6/27/2013Selim A BassoulCEOSell7,606$172.65$1,313,175.90View SEC Filing  
6/19/2013Selim A BassoulCEOSell21,082$170.14$3,586,891.48View SEC Filing  
6/17/2013Selim A BassoulCEOSell7,636$167.81$1,281,397.16View SEC Filing  
6/14/2013Selim A BassoulCEOSell4,591$166.87$766,100.17View SEC Filing  
6/12/2013Selim A BassoulCEOSell4,547$166.85$758,666.95View SEC Filing  
6/10/2013Selim A BassoulCEOSell12,879$167.83$2,161,482.57View SEC Filing  
6/4/2013Selim A BassoulCEOSell2,980$166.63$496,557.40View SEC Filing  
5/29/2013Selim A BassoulCEOSell20,385$168.19$3,428,553.15View SEC Filing  
5/24/2013Selim A BassoulCEOSell9,510$163.38$1,553,743.80View SEC Filing  
5/22/2013Selim A BassoulCEOSell14,912$166.34$2,480,462.08View SEC Filing  
5/21/2013Selim A BassoulCEOSell35,009$167.45$5,862,257.05View SEC Filing  
5/17/2013Selim A BassoulCEOSell10,879$163.96$1,783,720.84View SEC Filing  
5/16/2013Selim A BassoulCEOSell10,800$163.47$1,765,476.00View SEC Filing  
5/15/2013Selim A BassoulCEOSell23,767$165.20$3,926,308.40View SEC Filing  
5/14/2013Selim A BassoulCEOSell38,936$160.52$6,250,006.72View SEC Filing  
5/10/2013Selim A BassoulCEOSell80,821$158.81$12,835,183.01View SEC Filing  
5/10/2013Timothy John FitzgeraldCFOSell11,425$157.50$1,799,437.50View SEC Filing  
8/9/2012Timothy John FitzgeraldCFOSell9,000$108.00$972,000.00View SEC Filing  
(Data available from 1/1/2013 forward)


Latest Headlines for The Middleby Corporation (NASDAQ:MIDD)
News IconInvestor Chatter: Looking at Shares of The Middleby Corporation (NASDAQ:MIDD) - Davidson Register (NASDAQ:MIDD) - February 22 at 6:41 PM
News IconSell-side Taking Aim at Shares of The Middleby Corporation (NASDAQ:MIDD) - Aiken Advocate (NASDAQ:MIDD) - February 22 at 6:41 PM
News IconInside the Numbers for The Middleby Corporation (NASDAQ:MIDD) - Providence Standard (NASDAQ:MIDD) - February 22 at 8:22 AM
News IconAnalysts Peer Into Their Crystal Balls For The Middleby Corporation (NASDAQ:MIDD): Where Is It headed? - Winfield Review (NASDAQ:MIDD) - February 22 at 8:22 AM logoSentiments And Ratings Alert: The Middleby Corporation (NASDAQ:MIDD) - Investor Newswire (NASDAQ:MIDD) - February 20 at 10:07 AM
News IconHow Is The Middleby Corporation’s (MIDD) Financial Condition? (NASDAQ:MIDD) - February 19 at 5:39 PM logoNotable Thursday Option Activity: TRVN, MIDD, ANET (NASDAQ:MIDD) - February 16 at 6:07 PM
News IconTechnical Review on Shares of The Middleby Corporation (NASDAQ:MIDD) - Rives Journal (NASDAQ:MIDD) - February 15 at 1:09 AM logoCoverage initiated on Middleby by KeyBanc Capital Mkts (NASDAQ:MIDD) - February 14 at 8:06 PM
News IconGlobal Food Service Equipments Industry Forecast to 2021 with Key Companies Profile, Supply, Demand, Cost Structure, and SWOT Analysis (NASDAQ:MIDD) - February 13 at 10:21 AM
News IconMarket Spotlight: Focusing on Shares of The Middleby Corporation (NASDAQ:MIDD) - Providence Standard (NASDAQ:MIDD) - February 11 at 12:25 AM
News IconTrading Scanner: Following Shares of The Middleby Corporation (NASDAQ:MIDD) - The Standard (NASDAQ:MIDD) - February 10 at 12:37 AM logoThe Middleby Corporation (NASDAQ:MIDD) Accounts Payable Is $147.104 For The Quarter Ended 2016-09-30 - (NASDAQ:MIDD) - February 7 at 7:11 AM logoCanadian World Fund: Investment Update-Unaudited (NASDAQ:MIDD) - February 4 at 12:17 AM logoMiddleby: Buy It And Forget It (NASDAQ:MIDD) - February 3 at 7:15 PM logoFood Service Equipment - Constant Developments In Refrigeration Technologies And Increasing Availability Of Large Refrigerators (NASDAQ:MIDD) - February 3 at 5:46 AM
News IconIn It For The Long Haul? Long Term Growth Pick: The Middleby Corporation (NASDAQ:MIDD) - Aiken Advocate (NASDAQ:MIDD) - February 2 at 12:28 AM
News IconWhat are Brokerage Firms Saying About The Middleby Corporation (NASDAQ:MIDD)? - Aiken Advocate (NASDAQ:MIDD) - February 2 at 12:28 AM
News IconOak Ridge Investments LLC Has Decreased Its Holding in Middleby Corp (MIDD) by $16.68 Million as Stock Rose (NASDAQ:MIDD) - February 1 at 7:24 PM logoThe Middleby Corp. breached its 50 day moving average in a Bearish Manner : MIDD-US : February 1, 2017 (NASDAQ:MIDD) - February 1 at 7:24 PM
News IconTrading Scope: Checking on Shares of The Middleby Corporation (NASDAQ:MIDD) - The Tribune (NASDAQ:MIDD) - January 30 at 7:15 PM logoDeferred Tax Assets Of The Middleby Corporation (NASDAQ:MIDD) At $0 Millions - (NASDAQ:MIDD) - January 30 at 7:15 PM logoFood Service Equipment Market Analysis with 2011-2021 Forecasts Research Report (NASDAQ:MIDD) - January 30 at 9:43 AM
News IconMarket Focus – Tracking These Shares: The Middleby Corporation (NASDAQ:MIDD) - The Tribune (NASDAQ:MIDD) - January 26 at 9:30 PM
News IconWhat are Analysts Expecting for The Middleby Corporation (NASDAQ:MIDD) Earnings? - Aiken Advocate (NASDAQ:MIDD) - January 26 at 6:00 AM
News IconEarnings in Full Force, Analysts Take Aim at The Middleby Corporation (NASDAQ:MIDD) - Wall Street Beacon (NASDAQ:MIDD) - January 26 at 6:00 AM logoNoteworthy Tuesday Option Activity: MIDD, TAP, SRCL (NASDAQ:MIDD) - January 24 at 7:17 PM
News IconMiddleby Corp Com (MIDD) Shareholder Disciplined Growth Investors INC Trimmed Its Position by $3.39 Million (NASDAQ:MIDD) - January 24 at 7:17 PM
News IconTrump already plotting 2020 re-election (complete with slogan) (NASDAQ:MIDD) - January 19 at 8:40 PM logoThe Middleby Corp. breached its 50 day moving average in a Bullish Manner : MIDD-US : January 19, 2017 (NASDAQ:MIDD) - January 19 at 8:39 PM logoHow These Industrial Goods Stocks are Faring? -- CEMEX, Actuant, Middleby, and Generac (NASDAQ:MIDD) - January 18 at 7:03 PM
News IconMarkets End Mostly Higher, How Did This Stock Fare: The Middleby Corporation (NASDAQ:MIDD) - Wall Street Beacon (NASDAQ:MIDD) - January 17 at 6:53 PM logoThe Middleby Corporation (NASDAQ:MIDD) Records An Impact Score Of 0 - Investor Newswire (NASDAQ:MIDD) - January 15 at 6:05 PM logoThe Middleby Corporation (NASDAQ:MIDD) Analysts Rating At 2.2 (NASDAQ:MIDD) - January 13 at 7:50 PM logoQuarterly Deferred Tax Assets Of The Middleby Corporation (NASDAQ:MIDD) At $0 Millions - (NASDAQ:MIDD) - January 12 at 5:15 AM logoGlobal Markets for Food Processing and Food Packaging Equipment (NASDAQ:MIDD) - January 12 at 12:12 AM logoLynx Grills Launches New Sonoma Smoker At KBIS 2017 (NASDAQ:MIDD) - January 10 at 7:26 PM logoThe Middleby Corp. – Value Analysis (NASDAQ:MIDD) : January 10, 2017 (NASDAQ:MIDD) - January 10 at 7:26 PM
News IconLarge Outflow of Money Witnessed in The Middleby Corporation - Highland Mirror (NASDAQ:MIDD) - January 10 at 7:28 AM logoThe Middleby Corp. breached its 50 day moving average in a Bullish Manner : MIDD-US : January 9, 2017 (NASDAQ:MIDD) - January 9 at 7:17 PM logoResearch Analysts Set The Middleby Corporation (NASDAQ:MIDD) Price Target at $143.75 - (NASDAQ:MIDD) - January 6 at 7:15 PM logoCanadian World Fund: Investment Update - Unaudited (NASDAQ:MIDD) - January 6 at 12:58 AM
News IconCompany Spotlight on Shares of The Middleby Corporation (NASDAQ:MIDD) - Wall Street Beacon (NASDAQ:MIDD) - January 1 at 9:39 AM logoThe Middleby Corporation (NASDAQ:MIDD) FY2016 EPS Projection At $5.33 - Stocks Daily (NASDAQ:MIDD) - December 30 at 6:55 PM
News IconLevenson Appointed Director, Great Lakes (NASDAQ:MIDD) - December 29 at 9:34 AM
News IconGreat Lakes Appoints Ryan Levenson to Board of Directors and Announces Agreement with Privet Group (NASDAQ:MIDD) - December 28 at 6:27 PM logo5 Reasons Why You Should Add A.O. Smith to Your Portfolio (NASDAQ:MIDD) - December 28 at 10:21 AM
News IconGlobal meat processing equipment market forecasts 2016-2021 made available by top research firm (NASDAQ:MIDD) - December 22 at 6:52 PM
News IconMeat processing equipment market worth 14.59 billion USD by 2022 according to new research report (NASDAQ:MIDD) - December 20 at 12:27 PM logoPost Earnings Coverage as Nordson Revenue Climbed 14%; GAAP Earnings Per Diluted Share Soared 56% (NASDAQ:MIDD) - December 20 at 12:27 PM


What is The Middleby Corporation's stock symbol?

The Middleby Corporation trades on the NASDAQ under the ticker symbol "MIDD."

When did The Middleby Corporation's stock split? How did The Middleby Corporation's stock split work?

Shares of The Middleby Corporation split on Friday, June 27th 2014. The 3-1 split was announced on Friday, May 30th 2014. The newly minted shares were distributed to shareholders after the market closes on Thursday, June 26th 2014. An investor that had 100 shares of The Middleby Corporation stock prior to the split would have 300 shares after the split.

Where is The Middleby Corporation's stock going? Where will The Middleby Corporation's stock price be in 2017?

6 brokerages have issued 1-year target prices for The Middleby Corporation's shares. Their forecasts range from $116.00 to $157.00. On average, they expect The Middleby Corporation's share price to reach $136.50 in the next year.

When will The Middleby Corporation announce their earnings?

The Middleby Corporation is scheduled to release their next quarterly earnings announcement on Monday, February, 27th 2017.

Who owns The Middleby Corporation stock?

The Middleby Corporation's stock is owned by many different of retail and institutional investors. Top institutional investors include Fiera Capital Corp (3.22%), Disciplined Growth Investors Inc. MN (2.94%), William Blair Investment Management LLC (2.41%), Artisan Partners Limited Partnership (2.22%), State Street Corp (1.71%) and Janus Capital Management LLC (1.27%). Company insiders that own The Middleby Corporation stock include Gordon Obrien, John R Miller III, Philip G Putnam, Robert B Lamb and Selim A Bassoul.

Who sold The Middleby Corporation stock? Who is selling The Middleby Corporation stock?

The Middleby Corporation's stock was sold by a variety of institutional investors in the last quarter, including Artisan Partners Limited Partnership, Allianz Asset Management AG, Columbia Wanger Asset Management LLC, Handelsbanken Fonder AB, Baird Financial Group Inc., Thrivent Financial for Lutherans, Ithaka Group LLC and Friedberg Investment Management. Company insiders that have sold The Middleby Corporation stock in the last year include Gordon Obrien, John R Miller III, Philip G Putnam and Robert B Lamb.

Who bought The Middleby Corporation stock? Who is buying The Middleby Corporation stock?

The Middleby Corporation's stock was purchased by a variety of institutional investors in the last quarter, including Russell Investments Group Ltd., Congress Asset Management Co. MA, State Street Corp, Castleark Management LLC, Fiera Capital Corp, Asset Management One Co. Ltd., DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main and Brown Advisory Inc..

How do I buy The Middleby Corporation stock?

Shares of The Middleby Corporation can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

How much does a share of The Middleby Corporation stock cost?

One share of The Middleby Corporation stock can currently be purchased for approximately $137.97.

The Middleby Corporation (NASDAQ:MIDD) Chart for Wednesday, February, 22, 2017

Institutional Ownership Chart

Institutional Ownership by Quarter for The Middleby Corporation (NASDAQ:MIDD)

Earnings History Chart

Earnings by Quarter for The Middleby Corporation (NASDAQ:MIDD)

Dividend History Chart

Dividend Payments by Quarter for The Middleby Corporation (NASDAQ:MIDD)

Last Updated on 2/22/2017 by Staff