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S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Options Trading Plan–Perfect For Beginners (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Options Trading Plan–Perfect For Beginners (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
S&P 500   4,320.06
DOW   33,963.84
QQQ   357.91
High-speed rail was touted as a game-changer in Britain. Costs are making the government think twice
His system isolated NVIDIA - Here's His Next Buy. (Ad)
After climate summit, California Gov. Gavin Newsom faces key decisions to reduce emissions back home
The threat of wildfires is rising. So are new artificial intelligence solutions to fight them
Options Trading Plan–Perfect For Beginners (Ad)
Canadian autoworkers ratify new labor agreement with Ford
Giorgio Armani closes Milan Fashion Week with good vibes and familiar guests in the front row
Options Trading Plan–Perfect For Beginners (Ad)
A coal mine fire in southern China's Guizhou province kills 16 people
NASDAQ:MIDD

Middleby (MIDD) Stock Forecast, Price & News

$129.98
-1.94 (-1.47%)
(As of 09/22/2023 ET)
Compare
Today's Range
$129.95
$132.18
50-Day Range
$129.98
$151.85
52-Week Range
$122.33
$162.02
Volume
348,910 shs
Average Volume
366,206 shs
Market Capitalization
$6.97 billion
P/E Ratio
15.57
Dividend Yield
N/A
Price Target
$172.71

Middleby MarketRank™ Forecast

Analyst Rating
Buy
3.00 Rating Score
Upside/​Downside
32.9% Upside
$172.71 Price Target
Short Interest
Bearish
5.09% of Float Sold Short
Dividend Strength
N/A
Sustainability
-1.48
Upright™ Environmental Score
News Sentiment
0.83mentions of Middleby in the last 14 days
Based on 9 Articles This Week
Insider Trading
Selling Shares
$732,650 Sold Last Quarter
Proj. Earnings Growth
9.02%
From $9.64 to $10.51 Per Share

Overall MarketRank

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.67 out of 5 stars

Industrial Products Sector

43rd out of 177 stocks

Refrigeration & Service Industry Machinery Industry

3rd out of 5 stocks


MIDD stock logo

About Middleby (NASDAQ:MIDD) Stock

The Middleby Corporation designs, manufactures, markets, distributes, and services foodservice, food processing, and residential kitchen equipment worldwide. Its Commercial Foodservice Equipment Group segment offers conveyor, combi, convection, baking, proofing, deck, speed cooking, and hydrovection ovens; ranges, fryers, and rethermalizers; steam cooking, food warming, catering, induction cooking, and countertop cooking equipment; heated cabinets, charbroilers, ventless cooking systems, kitchen ventilation, toasters, griddles, charcoal grills, professional mixers, stainless steel fabrication, custom millwork, professional refrigerators, blast chillers, cold rooms, ice machines, and freezers; soft serve ice cream, coffee and beverage dispensing, home and professional craft brewing equipment; and fry dispensers, bottle filling and canning equipment, and IoT solutions. The Food Processing Equipment Group segment provides batch, baking, proofing, conveyor belt, and continuous processing ovens; frying and automated thermal processing systems; tumblers, massagers, grinders, slicers, reduction and emulsion systems, mixers, formers, and blenders; battering, breading, and seeding equipment; water cutting systems, food presses, food suspension equipment, filling and depositing solutions, and forming equipment; and food safety, food handling, freezing, and defrosting and packaging equipment for customers producing hot dog, dinner sausage, poultry, and lunchmeat, as well as bakery products. Its Residential Kitchen Equipment Group segment offers kitchen equipment comprising cookers, stoves, cooktops, microwaves, ovens, refrigerators, dishwashers, undercounter refrigeration, wine cellars, ice machines, beer dispensers, mixers, rotisseries, and ventilation and outdoor cooking equipment. The company was formerly known as Middleby Marshall Oven Company and changed its name to The Middleby Corporation in 1985. The company was founded in 1888 and is headquartered in Elgin, Illinois.

MIDD Price History

MIDD Stock News Headlines

Middleby (NASDAQ:MIDD) Price Target Cut to $160.00
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
5 Analysts Have This to Say About Middleby
Middleby Corp.
Buy This Stock for AI Tidal Wave (not NVDA)
The internet boom made more millionaires than any tech  - Microsoft’s CEO says AI has even more potential. Here’s the #1 stock to buy.
Middleby's (NASDAQ:MIDD) Returns Have Hit A Wall
Where Middleby Stands With Analysts
Middleby Q2 2023 Earnings Preview
Middleby acquires Trade-Wind Manufacturing
Middleby Acquires Trade-Wind Manufacturing LLC
Middleby Acquires TERRY Water Treatment Solutions
See More Headlines
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MIDD Company Calendar

Last Earnings
8/03/2023
Today
9/24/2023
Next Earnings (Estimated)
11/08/2023
Fiscal Year End
12/31/2023

Industry, Sector and Symbol

Industry
Refrigeration & service industry machinery
Sub-Industry
Industrial Machinery
Current Symbol
NASDAQ:MIDD
CUSIP
59627810
Employees
11,268
Year Founded
1888

Price Target and Rating

Average Stock Price Forecast
$172.71
High Stock Price Forecast
$180.00
Low Stock Price Forecast
$160.00
Forecasted Upside/Downside
+32.9%
Consensus Rating
Buy
Rating Score (0-4)
3.00
Research Coverage
6 Analysts

Profitability

Net Income
$436.57 million
Pretax Margin
14.46%

Debt

Sales & Book Value

Annual Sales
$4.03 billion
Cash Flow
$11.71 per share
Book Value
$51.92 per share

Miscellaneous

Free Float
52,981,000
Market Cap
$6.97 billion
Optionable
Optionable
Beta
1.54

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Key Executives

  • Mr. Timothy J. FitzGeraldMr. Timothy J. FitzGerald (Age 53)
    CEO & Director
    Comp: $2.94M
  • Mr. Bryan E. Mittelman (Age 52)
    Chief Financial Officer
    Comp: $1.51M
  • Mr. James K. Pool IIIMr. James K. Pool III (Age 51)
    Chief Technology & Operations Officer
    Comp: $1.66M
  • Mr. Martin M. Lindsay (Age 58)
    Advisor
    Comp: $1.28M
  • Mr. Steven P. Spittle (Age 42)
    Chief Commercial Officer
    Comp: $1.66M
  • Ms. Brittany Cerwin
    Chief Accounting Officer
  • Mr. Partha Biswas
    Division Pres of Middleby India & Global Chief Information Officer
  • Darcy Bretz
    Director of Corp. Communications
  • Mr. Selim A. Bassoul (Age 66)
    Consultant
  • Mr. David Abi
    Pres of Southbend













MIDD Stock - Frequently Asked Questions

Should I buy or sell Middleby stock right now?

6 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Middleby in the last year. There are currently 6 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "buy" MIDD shares.
View MIDD analyst ratings
or view top-rated stocks.

What is Middleby's stock price forecast for 2023?

6 brokers have issued 12 month price targets for Middleby's shares. Their MIDD share price forecasts range from $160.00 to $180.00. On average, they anticipate the company's share price to reach $172.71 in the next twelve months. This suggests a possible upside of 32.9% from the stock's current price.
View analysts price targets for MIDD
or view top-rated stocks among Wall Street analysts.

How have MIDD shares performed in 2023?

Middleby's stock was trading at $133.90 at the beginning of the year. Since then, MIDD shares have decreased by 2.9% and is now trading at $129.98.
View the best growth stocks for 2023 here
.

When is Middleby's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our MIDD earnings forecast
.

How were Middleby's earnings last quarter?

The Middleby Co. (NASDAQ:MIDD) posted its earnings results on Thursday, August, 3rd. The industrial products company reported $2.47 EPS for the quarter, topping analysts' consensus estimates of $2.32 by $0.15. The industrial products company had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.04 billion. Middleby had a trailing twelve-month return on equity of 18.15% and a net margin of 11.14%. The business's revenue was up 2.7% on a year-over-year basis. During the same period in the previous year, the business earned $2.23 EPS.

When did Middleby's stock split?

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

What is Timothy FitzGerald's approval rating as Middleby's CEO?

3 employees have rated Middleby Chief Executive Officer Timothy FitzGerald on Glassdoor.com. Timothy FitzGerald has an approval rating of 100% among the company's employees. This puts Timothy FitzGerald in the top 10% of approval ratings compared to other CEOs of publicly-traded companies.

What other stocks do shareholders of Middleby own?

Based on aggregate information from My MarketBeat watchlists, some companies that other Middleby investors own include Starbucks (SBUX), Walt Disney (DIS), Alphabet (GOOG), Skyworks Solutions (SWKS), Gilead Sciences (GILD), Intel (INTC), NVIDIA (NVDA), Costco Wholesale (COST), Netflix (NFLX) and Alibaba Group (BABA).

What is Middleby's stock symbol?

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

Who are Middleby's major shareholders?

Middleby's stock is owned by a variety of institutional and retail investors. Top institutional shareholders include Shaolin Capital Management LLC (0.00%), Davidson Kempner Capital Management LP (0.00%), Victory Capital Management Inc. (5.09%), Nordea Investment Management AB (2.84%), Fiera Capital Corp (2.50%) and Alliancebernstein L.P. (2.15%). Insiders that own company stock include Cathy L Mccarthy, Cathy L Mccarthy, Chapin Sarah Palisi, James K Pool III, James K Pool III, John R Miller III, Nassem Ziyad, Robert A Nerbonne and Timothy John Fitzgerald.
View institutional ownership trends
.

How do I buy shares of Middleby?

Shares of MIDD stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.

What is Middleby's stock price today?

One share of MIDD stock can currently be purchased for approximately $129.98.

How much money does Middleby make?

Middleby (NASDAQ:MIDD) has a market capitalization of $6.97 billion and generates $4.03 billion in revenue each year. The industrial products company earns $436.57 million in net income (profit) each year or $8.35 on an earnings per share basis.

How many employees does Middleby have?

The company employs 11,268 workers across the globe.

Does Middleby have any subsidiaries?
The following companies are subsidiares of Middleby: AGA Rangemaster Group Ltd, AGA Rangemaster Group plc, AGA Rangemaster Ltd, AGA Rangemaster Properties Ltd, AGA Rayburn Ltd, ARG Corporate Services Ltd, Alkar Holdings Inc, Alkar Holdings Inc., Alkar-RapidPak Inc, American Permanent Ware Company LLC, Anetsberger Brothers Inc, Anetsberger LLC, Armor Inox Holding France SAS, Armor Inox Production Sarl, Armor Inox S.A., Armor Inox SAS, Armor Inox Services SAS, Armor Inox USA LLC, Asbury Associates, Associated American Industries LLC, Auto-Bake Acquisition Pty Ltd, Auto-Bake Pty Ltd, Auto-Bake Pty. Ltd., Automatic Bar Controls Inc, Automatic Bar Controls Inc., Automation Tech LLC, Baker Thermal Solutions LLC, Bakers Pride Oven Company LLC, Beech Ovens, Beech Ovens LLC, Beech Ovens Pty Ltd, Blodgett, Brava Home Inc, Brava Home Inc., Britannia Kitchen Ventilation, Burford Bakery Solutions Limited, Burford Corp, Burford Corp., CM Brewing Technologies LLC, CVP Systems Inc., Carter Hoffmann, Carter-Hoffmann LLC, Catering Equipment Industry srl, Celfrost Innovations Pvt. Ltd., Cinoxplan SLU, Cloverleaf AM Essex LLC, Concordia Coffee Company Inc., CookTek Induction Systems LLC, CookTek LLC, Cooking Solutions Group Inc., Cooking Solutions Group LLC, Cozzini LLC, Cozzini Middleby de Mexico S de RLde CV, Crown Food Service Equipment Ltd., DBT Holdings LLC, DBT Holdings LLC, Danfotech Holdings LLC, Danfotech Inc, Danfotech Inc., Desmon Food Service Equipment Company, Desmon SpA, Deutsche Beverage, Doyon Equipment Inc., EVO America Inc., Emico Automated Bakery Equipment Solutions, Evo America LLC, F.R. Drake Company, FR Drake Company, Fab-Asia Inc, Field Service Solutions, Filling Machines & Systems Inc, Fired Earth Ltd, Firex S.r.l., Firex S.r.l., Firex srl, Follett Corporation, Follett Europe Polska sp zoo, Follett International sp zoo, Follett Products LLC, Frifri aro SA, G.S. Blodgett LLC, Giga Grandi Cucine S.r.l., Giga Grandi Cucine Srl, Globe Food Equipment Company, Globe Food Equipment Holding Company, Goldstein Eswood, Goldstein Eswood Commercial Cooking Pty Ltd, Goldstein Properties Pty Ltd, Grand Rise International Limited, Grange Furniture Inc, Heartland Appliances Inc, Hinds-Bock Corporation, Holman Cooking Equipment Inc, Houno A/S, Houno Holdings LLC, Imperial Commercial Cooking, Imperial Machine Company Ltd, Induc Commercial Electronics, Inline Filling Systems LLC, J.W. Beech Pty. Ltd., Jade Products Company, Jade Range LLC, Johs. Lassen Fjellebroen A/S, Josper S.A., Josper SA, Keylog Srl, L2F Inc., LA Cornue SAS, Lab2Fab LLC, Levens Middleby Worldwide BV, Lincat Group Ltd, Lincat Group PLC, Lincat Limited, Lynx Grills Inc., M-TEK Corporation, MEP FMS Holdings LLC, MIDDLEBY UK LTD, MP Equipment, MP Equipment LLC, Market Forge Industries Inc., Marsal & Sons, Maurer-Atmos GmbH, Maurer-Atmos Middleby GmbH, Meheen Manufacturing Inc, Middleby Advantage LLC, Middleby Asia Ltd, Middleby Canada Company Inc, Middleby Celfrost Innovations Pvt Ltd, Middleby China Corporation, Middleby Coffee Solutions Group LLC, Middleby Cooking System Manufacturing (Shanghai) Corporation, Middleby Cozzini Brasil Equipamentos Ltda, Middleby Denmark Holdings ApS, Middleby Espana SLU, Middleby Europe SL, Middleby Food Service Equipment Co Ltd, Middleby Foodservice Equipment Corporation, Middleby Holding UK Ltd, Middleby India Engineering Pvt Ltd, Middleby Induction China Corporation, Middleby Lux Holdings SCS, Middleby Luxembourg Sarl, Middleby Marshall Holding LLC, Middleby Marshall Inc, Middleby Nationals Sales LLC, Middleby Packaging Solutions LLC, Middleby Philippines Corporation, Middleby Sweden Holdings AB, Middleby UK Residential Holdings, Middleby Worldwide Australia Pty Ltd, Middleby Worldwide Inc, Middleby Worldwide Mexico SA de CV, Middleby Worldwide Philippines, Middleby Worldwide Services SA de CV, Middleby XME SLU, Middleby do Brasil Ltda, New Star International Holdings Inc, New Star International Holdings Inc., Nieco Corporation, Nieco LLC, Northland Corporation, Novy Invest NV, Nu-Vu Foodservice Systems, Packaging Progressions Inc., Pacproinc LLC, Pengyuan Technology (Shenzhen) Co LTD, PerfectFry Company, Pitco Frialator LLC, Powerhouse Dynamics Inc., Powerhouse Dynamics LLC, Processing Equipment Solutions, Processing Equipment Solutions Inc., QualServ Solutions LLC, SD Group Intressenter (SDGI), Scanico A/S, Scanico A/S, Spenuzza Inc, Spooner Vicars Bakery Systems, Ss Brewtech, Standex de Mexico SA de CV, Star International Holdings Inc, Star Manufacturing International Inc., Stewart Systems, Stewart Systems Baking LLC, Sveba Dahlen Baltic OU, Sveba Dahlen Group, Sveba Dahlen Rus Ltd, Sveba-Dahlen Aktiebolag, Sveba-Dahlen Espana, Sveba-Dahlen Group AB, Synesso Inc., TMC Lux Holdings Sarl, TMC Lux Sarl, TMC Scots Holdings LP, Taylor Commercial Foodservice LLC, Taylor Company, Taylor Company Srl, Taylor Food Service Equipment Trading (Shanghai) Co. Ltd, The Alluvian LLC, The Alluvian Spa LLC, Thurne-Middleby Ltd, TurboChef Technologies Inc., TurboChef Technologies LLC, Turkington USA, U-Line Corporation, ULC Holding Company, United Foodservice Equipment Group, Varimixer A/S, Ve Ma C Srl, Ve.Ma.C S.r.l., Vemac Srl, Viking Cooking Schools LLC, Viking Culinary Group LLC, Viking Range Brasil Participacoes Ltda, Viking Range Corporation, Viking Range Corporation do Brasil Importacao e Comercio Ltda, Viking Range LLC, Waterford Stanley Ltd, Welbilt, Wells Bloomfield, Wells Bloomfield LLC, Wild Goose Canning Technologies LLC, Wild Goose Filling, Wunder-Bar Dispensing UK Ltd, Wunder-Bar Europe Sro, Wunder-Bar Holdings Inc, and Wunder-Bar International Inc.
Read More
How can I contact Middleby?

Middleby's mailing address is 1400 TOASTMASTER DRIVE, ELGIN IL, 60120. The official website for the company is www.middleby.com. The industrial products company can be reached via phone at (847) 741-3300, via email at middlebycorporation.gcs-web.com, or via fax at 847-741-0015.

This page (NASDAQ:MIDD) was last updated on 9/24/2023 by MarketBeat.com Staff

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